International Bancshares: Q2 Earnings Snapshot

LAREDO, Texas (AP) — LAREDO, Texas (AP) — International Bancshares Corp. (IBOC) on Thursday reported net income of $97 million in its second quarter.

The bank, based in Laredo, Texas, said it had earnings of $1.56 per share.

The financial holding company posted revenue of $259.2 million in the period. Its revenue net of interest expense was $207.8 million, exceeding Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IBOC at https://www.zacks.com/ap/IBOC