Independent Bank Group, Inc. (IBTX)

NASDAQ: IBTX · IEX Real-Time Price · USD
67.49
+1.59 (2.41%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.41%
Market Cap 2.85B
Revenue (ttm) 590.48M
Net Income (ttm) 215.51M
Shares Out 42.27M
EPS (ttm) 5.00
PE Ratio 13.50
Forward PE 13.32
Dividend $1.46 (2.16%)
Ex-Dividend Date May 4, 2022
Volume 276,178
Open 66.03
Previous Close 65.90
Day's Range 66.03 - 68.04
52-Week Range 62.82 - 79.66
Beta 1.60
Analysts Buy
Price Target 83.49 (+23.7%)
Earnings Date Jul 25, 2022

About IBTX

Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that 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 loan... [Read more...]

Industry Banks
IPO Date Apr 3, 2013
Employees 1,543
Stock Exchange NASDAQ
Ticker Symbol IBTX
Full Company Profile

Financial Performance

In 2021, IBTX's revenue was $595.84 million, an increase of 6.68% compared to the previous year's $558.52 million. Earnings were $224.75 million, an increase of 11.70%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for IBTX stock is "Buy." The 12-month stock price forecast is 83.49, which is an increase of 23.71% from the latest price.

Price Target
$83.49
(23.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Stocks to Buy (And 4 to Skip) in This Small-Cap Value ETF

Times are tough for small-cap stocks, but you can still find some great stocks to buy in funds focused on these smaller companies. The post 3 Stocks to Buy (And 4 to Skip) in This Small-Cap Value ETF ap...

Other symbols: GPIHPPBFALGTOMISEM

Independent Bank Group, Inc. Announces Technology & Operations Leadership Changes

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced changes to its operations and technology leadership. James C. White will retire from the company and from hi...

Independent Bank Group (IBTX) Q1 Earnings and Revenues Top Estimates

Independent Bank Group (IBTX) delivered earnings and revenue surprises of 8.93% and 1.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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 $50.7 million, or $1.18 per diluted share, for the quarter ended March 31, 2022, compared to $...

Independent Bank Group, Inc. Announces Date for Q1 2022 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 2022 results on Tuesday...

Independent Bank Group, Inc. Declares & Increases Quarterly Dividend

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.38 per share of common stoc...

Independent Bank Group (IBTX) Surpasses Q4 Earnings and Revenue Estimates

Independent Bank Group (IBTX) delivered earnings and revenue surprises of 2.40% and 0.18%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Independent Bank Group, Inc. Reports Fourth Quarter Financial Results

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021, compared t...

Earnings Preview: Independent Bank Group (IBTX) Q4 Earnings Expected to Decline

Independent Bank Group (IBTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Independent Bank Group, Inc. Announces Date for Q4 2021 Earnings Call

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, will hold a conference call to discuss fourth quarter 2021 results on Tuesday, Ja...

Independent Bank Group (IBTX) Q3 Earnings and Revenues Lag Estimates

Independent Bank Group (IBTX) delivered earnings and revenue surprises of -6.87% and -2.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Independent Bank Group, Inc. Reports Third Quarter Financial Results

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $52.3 million, or $1.21 per diluted share, for the ...

Flywheel Capital Acquires $66.85 Million Denver Metro Area Office Campus

DENVER, Oct. 20, 2021 /PRNewswire/ -- Flywheel Capital announced today that it has completed the $66.85 million purchase of Gateway Centre, a four-building office campus totaling 299,613 square feet in ...

Earnings Preview: Independent Bank Group (IBTX) Q3 Earnings Expected to Decline

Independent Bank Group (IBTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Independent Bank Group, Inc. Announces Date for Third Quarter 2021 Earnings Call

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, will hold a conference call to discuss third quarter 2021 results on Tuesday, Oct...

Independent Bank Group, Inc. Announces Appointment of Paul B. Langdale as EVP, Corporate Development & Strategy

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the parent company of Independent Financial, today announced the promotion of Paul B. Langdale to Executive Vice President,...

Independent Bank Group, Inc. Announces Appointment of Michael B. Hobbs as President and Chief Operating Officer

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) (“Independent Bank Group” or the “Company”), the parent company of Independent Bank (the “Bank”), today announced changes to...

Independent Bank Group (IBTX) Beats Q2 Earnings Estimates

Independent Bank Group (IBTX) delivered earnings and revenue surprises of 2.27% and -2.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Independent Bank Group, Inc. Reports Second Quarter Financial Results and Increases Quarterly Dividend

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $58.2 million, or $1.35 per diluted share, for the ...

Independent Bank Group (IBTX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Independent Bank Group (IBTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Independent Bank Group, Inc. Announces Date for Second Quarter 2021 Earnings Call

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, will hold a conference call to discuss second quarter 2021 results on Tuesday, Ju...

Independent Bank Group (IBTX) Beats Q1 Earnings Estimates

Independent Bank Group (IBTX) delivered earnings and revenue surprises of 6.92% and -1.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares and Increases Quarterly Dividend

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $60.0 million, or $1.39 per diluted share, for the ...

Why Independent Bank Group (IBTX) Might Surprise This Earnings Season

Independent Bank Group (IBTX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Independent Bank Group, Inc. Announces Q1 2021 Earnings Call

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ:IBTX) announces the date and time for its first quarter 2021 earnings call and related press release.