Independent Bank Group, Inc. (IBTX)
| Market Cap | 2.61B |
| Revenue (ttm) | 466.72M |
| Net Income (ttm) | -432.16M |
| Shares Out | 41.44M |
| EPS (ttm) | -10.50 |
| PE Ratio | n/a |
| Forward PE | 17.95 |
| Dividend | $1.52 (2.41%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 176,524 |
| Open | 63.09 |
| Previous Close | 63.29 |
| Day's Range | 62.07 - 63.24 |
| 52-Week Range | 36.16 - 67.92 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 59.71 (-5.31%) |
| Earnings Date | Oct 21, 2024 |
About IBTX
Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, ... [Read more]
Financial Performance
In 2023, Independent Bank Group's revenue was $503.86 million, a decrease of -16.74% compared to the previous year's $605.18 million. Earnings were $43.10 million, a decrease of -77.87%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for IBTX stock is "Buy." The 12-month stock price forecast is $59.71, which is a decrease of -5.31% from the latest price.
News
Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $20.4 million, or $0.49 per diluted share, for the quarter ended September 30, 2024, compare...
Independent Bank Group, Inc. Reports Second Quarter Financial Results and Declares Quarterly Dividend
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net loss of $493.5 million, or $11.89 per diluted share, for the quarter ended June 30, 2024, which was si...
INDEPENDENT BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Independent Bank Group, Inc. - IBTX
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Independent Bank...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Independent Bank Group, Inc.
NEW YORK , May 20, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Independent Bank Group, Inc. (NASDAQ: IBTX) and its board of directors concerning the pr...
Texas-based Independent Bank to be bought for $2 billion by Florida's SouthState
Independent Bank Group Inc. will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida's SouthState Corp. in an all-stock deal valued at about $2...
SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.
WINTER HAVEN, Fla. and MCKINNEY, Texas , May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ: IBTX) ("Independent Bank Group") joint...
Independent Bank Group, Inc. (IBTX) Q1 2024 Earnings Call Transcript
Independent Bank Group, Inc. (NASDAQ:IBTX) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants Ankita Puri – Executive Vice President and Chief Legal Officer David Brooks ...
Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend
McKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $24.2 million, or $0.58 per diluted share, for the quarter ended March 31, 2024, compared to...
Independent Bank Group, Inc. Announces Date for Q1 2024 Earnings Call
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2024 results on Tuesd...
Independent Bank Group, Inc. (IBTX) Q4 2023 Earnings Call Transcript
Independent Bank Group, Inc. (IBTX) Q4 2023 Earnings Call Transcript
Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2023, compared...
Independent Bank Group, Inc. Announces Date for Q4 2023 Earnings Call
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, will hold a conference call to discuss fourth quarter and full year 2023 r...
Special Situations Report: Deep Dive Into Banking Sector Dynamics Uncovers Independent Bank
The study identifies investment opportunities in the banking sector due to recent shifts in the financial landscape. Independent Bank Group emerges as an attractive opportunity with a target price of ...
Independent Bank Group, Inc. (IBTX) Q3 2023 Earnings Call Transcript
Independent Bank Group, Inc. (NASDAQ:IBTX) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET Company Participants Ankita Puri - EVP and Chief Legal Officer David Brooks - Chairman and CEO ...
Independent Bank Group, Inc. Announces Date for Q3 2023 Earnings Call
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, will hold a conference call to discuss third quarter 2023 results on Tuesd...
Independent Bank Group, Inc. (IBTX) Q2 2023 Earnings Call Transcript
Independent Bank Group, Inc. (NASDAQ:IBTX) Q2 2023 Earnings Conference Call July 25, 2023 8:30 AM ET Company Participants Ankita Puri - Executive Vice President & Chief Legal Officer David Brooks - C...
Independent Bank Group, Inc. Announces Date for Q2 2023 Earnings Call
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, will hold a conference call to discuss second quarter 2023 results on Tues...
These banks have high exposure to loans secured by office properties — here's how their stocks have performed
Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...
Independent Bank Group: Growth Hampered, Sustainability Unperturbed
Independent Bank Group: Growth Hampered, Sustainability Unperturbed.
Independent Bank Group, Inc. (IBTX) Q1 2023 Earnings Call Transcript
Independent Bank Group, Inc. (IBTX) Q1 2023 Earnings Call Transcript.
Independent Bank Group, Inc. Announces Date for Q1 2023 Earnings Call
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2023 results on Tuesd...
Top 5 Financial Stocks That Are Preparing To Pump In March - CVB Financial (NASDAQ:CVBF), Independent Bank Gr (NASDAQ:IBTX)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
TD, other banks to pay $1.35B to end Allen Stanford Ponzi scheme lawsuit
Stanford's Ponzi scheme was at the time considered the largest other than Madoff's.
Independent Bank Group, Inc. (IBTX) Q4 2022 Earnings Call Transcript
Independent Bank Group, Inc. (NASDAQ:IBTX) Q4 2022 Earnings Conference Call January 24, 2022 8:30 AM ET Company Participants Ankita Puri - Executive Vice President & Chief Legal Officer David Brooks ...
Independent Bank Group, Inc. Reports Fourth Quarter Financial Results, Declares Quarterly Dividend, and Announces Share Repurchase Plan
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $40.8 million, or $0.99 per diluted share, for the quarter ended December 31, 2022, compar...