International Bancshares Corporation (IBOC)

International Bancshares Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	412.29	409.17	411.77	300.23	253.92
Depreciation & Amortization	27.82	28.08	28.85	35.73	61.41
Provision for Credit Losses	15.09	31.8	34.58	21.65	7.96
Stock-Based Compensation	0.1	0.21	0.33	0.45	0.51
Other Adjustments	5.64	-21.39	14.97	-9.92	-59.1
Changes in Accrued Interest and Accounts Receivable	-0.26	-6.87	-19.52	-15.19	7.29
Changes in Other Operating Activities	30.36	32.95	3.46	54.99	19.7
Operating Cash Flow	491.06	473.95	474.43	387.94	291.68
Operating Cash Flow Growth	3.61%	-0.10%	22.30%	33.00%	-4.41%
Net Change in Loans Held-for-Investment	-664.75	-812.48	-632.98	-228.34	309.58
Net Change in Securities and Investments	82.12	-161.07	-415.89	-766.94	-1,235
Capital Expenditures	-18.12	-14.15	-27.5	-19.21	-10.39
Sale of Property, Plant & Equipment	9.06	2.63	9.16	22.47	19.72
Investing Cash Flow	-591.69	-985.06	-1,067	-992.03	-915.89
Net Change in Deposits	324.66	287.29	-835.45	42.13	1,896
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	50.22	4.91	99.23	-8.48	11.52
Net Short-Term Debt Issued (Repaid)	-0.21	-0.2	-0.2	-425.19	-0.19
Long-Term Debt Repaid	-	-	-25.77	-	-
Net Long-Term Debt Issued (Repaid)	-	-	-25.77	-	-
Issuance of Common Stock	1.47	3.76	1.17	1.54	2.41
Repurchase of Common Stock	-4.61	-0.96	-4.61	-52.05	-0.72
Net Common Stock Issued (Repurchased)	-3.14	2.8	-3.44	-50.51	1.7
Common Dividends Paid	-87.06	-82.08	-78.25	-75.38	-72.84
Financing Cash Flow	284.47	212.71	-843.89	-517.43	1,836
Net Cash Flow	183.84	-298.41	-1,437	-1,122	1,212
Free Cash Flow	472.94	459.8	446.94	368.73	281.29
Free Cash Flow Growth	2.86%	2.88%	21.21%	31.08%	-5.74%
FCF Margin	57.18%	57.34%	55.95%	56.46%	48.03%
Free Cash Flow Per Share	7.60	7.38	7.18	5.87	4.43
Levered Free Cash Flow	451.89	448.97	371.09	-68.65	331.74
Unlevered Free Cash Flow	39.81	40.01	-14.71	56.31	78.01

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q