IBC Reports Strong Earnings Performance (Business Wire)

Posted in: Car Loans |

LAREDO, Texas—-International Bancshares Corporation , one of the largest independent bank holding companies in Texas, today reported net income of $68.7 million for the six months ended June 30, 2009, an increase of 3.2 percent compared to the same period of 2008; net income for the three months ended June 30, 2009 was $31.1 million, a decrease of 5.8 percent compared to the same period of 2008, prior to amounts related to participation in the TARP program, including preferred stock dividends and amounts related to the Warrants.

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