International Bancshares (International Bancshares) Deferred Tax : $23.0 Mil (TTM As of Dec. 2023)

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What is International Bancshares Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

International Bancshares's change in deferred tax for the three months ended in Dec. 2023 was $18.2 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $23.0 Mil.

International Bancshares Deferred Tax Historical Data

The historical data trend for International Bancshares's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Bancshares Deferred Tax Chart

International Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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3.31

-3.12

3.54

10.62

22.95

International Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Deferred Tax	Get a 7-Day Free Trial															12.46	-1.84	-1.35	7.94	18.20

International Bancshares Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.0 Mil.

International Bancshares Deferred Tax Related Terms

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International Bancshares (International Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » International Bancshares Corp (NAS:IBOC) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

N/A

Address

1200 San Bernardo Avenue, Laredo, TX, USA, 78042 - 1359

Website

https://www.ibc.com

International Bancshares Corp is a financial holding company with bank subsidiaries that provide commercial and retail banking services, primarily in Texas and Oklahoma. The subsidiaries gather funds from various sources and invest these funds to earn a return. Fund gathering primarily takes the form of accepting demand and time deposits. The bank subsidiaries have historically focused on providing commercial banking services to small and medium-size businesses. The subsidiaries have increasingly transitioned to also providing consumer and retail banking, including mortgage lending. The company's strategy emphasizes customer service and expense control. The company generates net revenue primarily through net interest income.

Executives

Sanchez Antonio R Jr	director, 10 percent owner	1360 POST OAK BLVD, SUITE 2400, HOUSTON TX 77056
Diana G Zuniga	director	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78040
Dalia F Martinez	officer: VICE PRESIDENT	1200 SAN BERNARDO, 1200 SAN BERNARDO AVE, LAREDO TX 78042
Rudolph Miles	director	1200 SAN BERNARDO, LAREDO TX 78040
Anda Javier De	director	1200 SAN BERNARDO, LAREDO TX 78040
Roberto R Resendez	director	1200 SAN BERNARDO, LAREDO TX 78040
Judith I Wawroski	officer: Treasurer/PAO	1200 SAN BERNARDO, LAREDO TX 78040
Julie L Tarvin	officer: VICE PRESIDENT	1200 SAN BERNARDO, LAREDO TX 78040
R David Guerra	director
Imelda Navarro	director, officer: Executive Officer
Leonardo Salinas	director	PO BOX 1359, LAREDO TX 78040
Larry A Norton	director	1200 SAN BERNARDO AVE., LAREDO TX 78040
Hastings Daniel B Jr	director	P O BOX 1359, LAREDO TX 78040
Dennis E Nixon	director, officer: CEO	P.O. BOX 1359, LAREDO TX 78040
Douglas B Howland	director	1200 SAN BERNARDO AVE., LAREDO TX 78040