International Bancshares Corp. (IBOC) Monday reported a 18.9% decline in its fourth quarter profit for 2012, compared to the same period in 2011.
The Laredo, Texas-based company's fourth-quarter net income applicable to common shareholders was $21.9 million or $0.32 per share, compared to $27.0 million or $0.40 per share in the comparable quarter last year.
Net income available to common shareholders for the year ended December 31, 2012 was $93.5 million, or $1.39 per share, down from $113.9 million or $1.69 per share for the same period of 2011.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.