International Bancshares | 10-Q: FY2025 Q3 Revenue: USD 272.63 M

Revenue: As of FY2025 Q3, the actual value is USD 272.63 M.

EPS: As of FY2025 Q3, the actual value is USD 1.74.

EBIT: As of FY2025 Q3, the actual value is USD -35.74 M.

Segment Revenue

• Interest Income: $226,778 thousand for the three months ended September 30, 2025, an increase of 1.9% from $222,657 thousand in the same period of 2024. For the nine months ended September 30, 2025, interest income was $662,384 thousand, up 1.8% from $650,418 thousand in 2024.

Operational Metrics

• Net Income: $108,375 thousand for the three months ended September 30, 2025, an increase of 8.6% from $99,772 thousand in the same period of 2024. For the nine months ended September 30, 2025, net income was $305,409 thousand, up 3.9% from $294,083 thousand in 2024.
• Net Interest Income: $172,231 thousand for the three months ended September 30, 2025, an increase of 2.6% from $167,942 thousand in the same period of 2024. For the nine months ended September 30, 2025, net interest income was $500,947 thousand, up 1.0% from $495,781 thousand in 2024.
• Non-Interest Income: $45,851 thousand for the three months ended September 30, 2025, an increase of 4.6% from $43,842 thousand in the same period of 2024. For the nine months ended September 30, 2025, non-interest income was $123,518 thousand, a decrease of 4.7% from $129,604 thousand in 2024.
• Non-Interest Expense: $79,763 thousand for the three months ended September 30, 2025, an increase of 4.7% from $76,215 thousand in the same period of 2024. For the nine months ended September 30, 2025, non-interest expense was $231,339 thousand, up 5.2% from $219,966 thousand in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $351,113 thousand for the nine months ended September 30, 2025, compared to $359,066 thousand in the same period of 2024.
• Net Cash Used in Investing Activities: - $496,832 thousand for the nine months ended September 30, 2025, compared to - $602,955 thousand in the same period of 2024.
• Net Cash Provided by Financing Activities: $382,388 thousand for the nine months ended September 30, 2025, compared to $372,667 thousand in the same period of 2024.

Unique Metrics

• Allowance for Credit Losses (ACL): $155,506 thousand at September 30, 2025, a decrease from $156,537 thousand at December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The company continues to focus on managing interest rate risk and maintaining a strong capital position, with a CET1 to risk-weighted assets ratio of 23.20% as of September 30, 2025.
• Non-Core Business: The company is actively monitoring the regulatory landscape and potential impacts of Basel IV implementation, which is targeted to begin on July 1, 2025, with full compliance expected by July 1, 2028.