International Bancshares Corporation (IBOC) financial statements (2022 and earlier)

Company profile

Business Address 12OO SAN BERNARDO AVE
LAREDO, TX 78040-1359
State of Incorp. TX
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,4332,003263323265269273
Cash and cash equivalents3,2091,997257317265269273
Short-term investments4,223666   
Total current assets:7,4332,003263323265269273
Noncurrent Assets
Property, plant and equipment447480507507514528517
Long-term investments and receivables297254318338571517469
Long-term investments297254318338571517469
Intangible assets, net (including goodwill)283283283283283283283
Goodwill283283283283283283283
Intangible assets, net (excluding goodwill)     00
Total noncurrent assets:1,0261,0171,1081,1271,3681,3271,268
Other undisclosed assets7,58711,00910,74210,42210,55110,20810,232
TOTAL ASSETS:16,04614,02912,11311,87212,18511,80411,773
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt440428237230354505828
Total current liabilities:440428237230354505828
Noncurrent Liabilities
Other undisclosed liabilities13,29811,4239,7589,7029,9929,5749,280
Total liabilities:13,73811,8519,9959,93210,34610,07910,107
Stockholders' equity
Stockholders' equity attributable to parent2,3082,1782,1181,9401,8391,7251,666
Common stock96969696969696
Treasury stock, value(379)(378)(329)(311)(292)(292)(284)
Additional paid in capital152149148145172170168
Accumulated other comprehensive income (loss)(32)212(55)(28)(27)2
Retained earnings2,4712,2902,2012,0641,8921,7781,684
Total stockholders' equity:2,3082,1782,1181,9401,8391,7251,666
TOTAL LIABILITIES AND EQUITY:16,04614,02912,11311,87212,18511,80411,773

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues398427492466483459479
Net investment income398427492466415388397
Financial services revenue687182
Cost of revenue(8)(45)(19)(6)(11)(20)(24)
Provision for loan, lease, and other losses(8)(45)(19)(6)
Financial services costs(11)(20)(24)
Gross profit:390382474460472439455
Operating expenses(81)(89)(102)(93)(227)(217)(199)
Other operating income, net
(Noninterest Income, Other Operating Income)
25271818111411
Operating income:334319389385256236267
Nonoperating expense
(Investment Income, Nonoperating)
     (0)(1)
Interest and debt expense(27)(39)(59)(53)(39)(43)(44)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes15(68)(70)(60)55(15)
Income from continuing operations before equity method investments, income taxes:322212260273222197207
Income (loss) from equity method investments68(0)41513  
Income from continuing operations before income taxes:390212264288235197207
Income tax expense(68)(44)(55)(57)(64)(63)(70)
Income before gain (loss) on sale of properties:322167209231171134137
Other undisclosed net income (loss)(68)0(4)(15)(13)  
Net income available to common stockholders, diluted:254167205216157134137

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:254167205216157134137
Other comprehensive income (loss)     (1)0
Comprehensive income:254167205216157133137
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(53)1857(26)(2)(28)(10)
Comprehensive income, net of tax, attributable to parent:201186262190156105127

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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