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IBC Reports Strong First Quarter 2019 Earnings

We just closed the books on the first quarter of 2019 and our key products are helping to deliver another strong start for Abbott. For the quarter, we delivered sales growth of more than 7% (on an organic basis) and exceeded our previous ongoing earnings-per-share guidance thanks to key products such as FreeStyle Libre, Alinity and MitraClip.

LAREDO, Texas–(BUSINESS WIRE)– International Bancshares Corporation (NAS: IBOC) , one of the largest independent bank holding companies in Texas, today reported first quarter. difficulties, IBC.

“Citigroup’s Q2 earnings are generating somewhat mixed feelings,” wrote Axel Pierron, managing director at capital markets.

"The earnings success we saw in 2018 and continue to see for the first three months of 2019 can be attributed to our continued focus on building and improving the performance of our core bank operations and continued cost control, which have been complemented by the actions taken to reform the tax laws at the end of 2017.

FOR IMMEDIATE RELEASE: IBC Reports Strong First Quarter 2019 Earnings . LAREDO, Texas-(BUSINESS WIRE)- May 9, 2019-International Bancshares Corporation (NASDAQ:IBOC), one of the largest independent bank holding companies in Texas, today reported net income for the three months ended March 31, 2019 of $51.9 million or $.79 diluted earnings per common share ($.79 per share basic), compared.

IBC Reports Strong First Quarter 2019 Earnings. Business Wire. our continued earnings success for the first quarter of 2019 especially considering the special reserve charge," said IBC Bank Chairman and CEO Dennis E. Nixon. "The earnings success we saw in 2018 and continue to see for the.

"The earnings success we saw in 2018 and continue to see for the first three months of 2019 can be attributed to our continued focus on building and improving the performance of our core bank operations and continued cost control, which have been complemented by the actions taken to reform the tax laws at the end of 2017.

On a pre-tax basis, earnings were $1,112,075 for the quarter ending June 30, 2019 compared to $816,012 for the same period in 2018, a 36% increase. For the first six months of 2019 pre-tax earnings.

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“I am pleased with our continued earnings success for the first quarter of 2019 especially considering the special reserve charge,” said IBC.

Consolidated revenue, EBITDA and net income growth of 3.8, 8.6 and 6.1 per cent, respectively (including impact of IFRS 16 in 2019). Strong.

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