Independent Bank Group/IBTX

$42.96

-1.47%
-
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
$1.8B
Market cap
41.81
P/E ratio
$1.04
EPS
1.33
Beta
$1.52
Dividend rate
3.48%
Dividend yield

What the Analysts think about IBTX

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 7 analysts.
30.35% upside
High $60.00
Low $53.00
$42.96
Current price
$56.00
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
$0.61
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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