INTERNATIONAL BANCSHARES CORPORATION
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $578.2M | $526.6M | $506.5M | $508.2M | $525.4M | $498.2M | $501.7M | $525.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $325.3M | $260.6M | $240.1M | $251.2M | $276.5M | $237.2M | $232.9M | $285.5M |
| Operating Margin | 56.3% | 49.5% | 47.4% | 49.4% | 52.6% | 47.6% | 46.4% | 54.4% |
| Interest Expense | $52.7M | $38.9M | $43.1M | $44.3M | $46.5M | $54.6M | $74.5M | $94.3M |
| Pretax Income | $272.6M | $221.6M | $197.0M | $206.8M | $229.9M | $182.6M | $158.4M | $191.2M |
| Income Tax Expense | $56.7M | $64.2M | $63.1M | $70.1M | $76.8M | $56.2M | $50.6M | $64.1M |
| Net Income | $215.9M | $157.4M | $133.9M | $136.7M | $153.2M | $126.4M | $107.8M | $127.1M |
| Net Margin | 37.3% | 29.9% | 26.4% | 26.9% | 29.1% | 25.4% | 21.5% | 24.2% |
| EPS (Basic) | $3.27 | $2.38 | $2.03 | $2.06 | $2.29 | $1.88 | $1.39 | $1.69 |
| EPS (Diluted) | $3.24 | $2.36 | $2.02 | $2.05 | $2.28 | $1.88 | $1.39 | $1.69 |
| Shares Outstanding (Basic) | 66.1M | 66.0M | 66.0M | 66.4M | 66.9M | 67.2M | 67.2M | 67.5M |
| Shares Outstanding (Diluted) | 66.6M | 66.8M | 66.3M | 66.6M | 67.1M | 67.3M | 67.3M | 67.6M |
| Dividends Per Share | $0.75 | $0.66 | $0.60 | $0.58 | $0.43 | $0.40 | $0.40 | $0.38 |