Independent Bank Group/IBTX

$41.60

3.68%
-
1D1W1MYTD1YMAX

About Independent Bank Group

Independent Bank Group, Inc. is a bank holding company. The Company, through its subsidiary, Independent Bank, a Texas state-chartered bank, doing business as Independent Financial, provides a range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include commercial real estate loans, interim construction loans, commercial loans to a diversified mix of small and midsized businesses, and loans to professionals, including medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. It provides a full range of deposit products and services, including a variety of checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, e-statements and bank-by-mail and direct deposit services.

Ticker

IBTX

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

David Brooks

Employees

1,517

Headquarters

Mckinney, United States

IBTX Metrics

BasicAdvanced
$1.63B
Market cap
37.91
P/E ratio
$1.04
EPS
1.34
Beta
$1.52
Dividend rate
3.84%
Dividend yield
$1.63B
1.34208
$53.25
$28.81
226.59K
$1.52
13.587
13.587
145.36%
0.23%
1.8%
37.911
3.214
0.68
1.202
20.01
2.13%
3.84%
3.84%
33.09%
-77.79%
12.55%
-39.28%
13.12%

What the Analysts think about IBTX

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 7 analysts.
29.11% upside
High $59.00
Low $48.00
$41.60
Current price
$53.71
Average price target

IBTX Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
6.08% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$243.1M
2.88%
Net income
$14.8M
-54.74%
Profit margin
6.08%
-56.04%

IBTX Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 6.95%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.07
$0.82
$0.79
$0.62
-
Expected
$0.81
$0.87
$0.73
$0.67
$0.59
Surprise
32.83%
-5.87%
8.69%
-6.95%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Independent Bank Group stock?

Independent Bank Group (IBTX) has a market cap of $1.63B as of April 20, 2024.

What is the P/E ratio for Independent Bank Group stock?

The price to earnings (P/E) ratio for Independent Bank Group (IBTX) stock is 37.91 as of April 20, 2024.

Does Independent Bank Group stock pay dividends?

Yes, the Independent Bank Group (IBTX) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $1.52 and the yield is 3.84%. Independent Bank Group has a payout ratio of 145.36% on a trailing twelve-month basis.

When is the next Independent Bank Group dividend payment date?

The next Independent Bank Group (IBTX) dividend payment date is unconfirmed.

What is the beta indicator for Independent Bank Group?

Independent Bank Group (IBTX) has a beta rating of 1.34. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Independent Bank Group stock price target?

The target price for Independent Bank Group (IBTX) stock is $53.71, which is 29.11% above the current price of $41.6. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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