logo
Share SHARE
FONT-SIZE Plus   Neg

International Bancshares Q4 Profit Down - Quick Facts

International Bancshares Corp. (IBOC) posted fourth-quarter net income applicable to common shareholders of $27.0 million, compared to $27.1 million in the comparable quarter last year. Earnings per share for the quarter was $0.40, same as last year.

Net income for fiscal 2011 applicable to common shareholders was $113.9 million, or $1.69 per share, down from $116.9 million or $1.72 per share in the prior year period.

Net interest income for fiscal 2011 was $324 thousand, compared to $345 thousand in the year-ago period, while non-interest income dropped to $201 thousand from $219 thousand last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Athletic clothing company Under Armour has ended sponsorship of a female hunter after a video that showed her husband killing a bear caused an outrage. Sponsorship of Sarah Bowmar, the wife and hunting companion of US hunter Josh Bowmar, was dropped by Under Armor following the negative response to... The City of Somerville has decided not to appeal a key environmental permit granted in July for Wynn Resorts Ltd.'s $2.1 billion Everett casino project. The decision paves the way for work on the casino project, known as Wynn Boston Harbor, to go ahead. Apple Inc. is planning to launch three new iPhone models in 2017, including a premium handset with a curved display, the Nikkei Asian Review reported Monday, citing sources familiar with Apple's plans. The new iPhone models will reportedly include a 4.7-inch model, a 5.5-inch model and the premium handset that will be either 5.5 inches or larger.
comments powered by Disqus
Follow RTT