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Net Income

For the six months ended June 30, 2026, International Bancshares Corporation reported a net income of $198.0 million, an increase of 0.5% compared to $197.0 million for the corresponding period in 2025. For the three months ended June 30, 2026, net income was $95.8 million, a decrease of 4.3% from $100.1 million in the corresponding period of 2025.

Operational Metrics and Drivers

Net income for the first six months of 2026 was positively impacted by interest earned on investment and loan portfolios, driven by both an increase in portfolio size and the current rate environment. Net interest income also benefited from a decrease in interest expense due to a redistribution in rates paid on deposits.Conversely, net income was negatively affected by an increase in the provision for credit loss expense. This increase was primarily due to an expanded loan portfolio, a change in the level of non-accrual loan balances, and a reevaluation of specific provisions for credit losses related to those loans, although no actual losses on these loans have been realized or may ever be.

Balance Sheet Highlights

As of June 30, 2026, total assets were approximately $17.0 billion, an increase from approximately $16.6 billion at December 31, 2025. Total net loans reached approximately $9.7 billion, compared to approximately $9.3 billion at December 31, 2025. Deposits stood at approximately $12.7 billion at June 30, 2026, an increase from approximately $12.4 billion at December 31, 2025.

Outlook

International Bancshares Corporation plans to maintain its focus on superior customer service, balance sheet, asset, liability and liquidity management, strong cost controls, and evaluating processes for efficiencies using AI initiatives in the second half of 2026. The company believes that continued adherence to these established practices will enable it to continue delivering public company industry-leading financial results.