International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported annual net income for 2022 of $300.2 million or $4.78 diluted earnings per common share ($4.79 per share basic) compared to $253.9 million or $4.00 diluted earnings per common share ($4.01 per share basic), which represents an increase of 19.5 percent in diluted earnings per share and an 18.2 percent increase in net income over the corresponding period in 2021. Net income for the three months ended Dec. 31, 2022 was $105.4 million or $1.69 diluted earnings per common share ($1.69 per share basic), compared to $56.5 million or $.89 diluted earnings per common share ($.90 per share basic) for the same period in 2021, representing an increase of 86.5 percent in net income and an 89.9 percent increase in diluted earnings per share.
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