LAREDO, Texas (AP) — LAREDO, Texas (AP) — International Bancshares Corp. (IBOC) on Monday reported net income of $106.4 million in its fourth quarter.

The bank, based in Laredo, Texas, said it had earnings of $1.71 per share.

The financial holding company posted revenue of $256.2 million in the period. Its revenue net of interest expense was $211 million, topping Street forecasts.

For the year, the company reported profit of $411.8 million, or $6.62 per share. Revenue was reported as $833.4 million.

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