Independent Bank Group, Inc. (IBTX)

NASDAQ: IBTX · IEX Real-Time Price · USD
54.09
+0.36 (0.67%)
Jul 19, 2024, 4:30 PM EDT - Market closed
0.67%
Market Cap 2.24B
Revenue (ttm) 482.38M
Net Income (ttm) 104.86M
Shares Out 41.38M
EPS (ttm) 2.52
PE Ratio 21.46
Forward PE 18.95
Dividend $1.52 (2.81%)
Ex-Dividend Date May 1, 2024
Volume 183,991
Open 54.19
Previous Close 53.73
Day's Range 53.58 - 54.77
52-Week Range 34.50 - 56.11
Beta 1.40
Analysts Buy
Price Target 54.00 (-0.17%)
Earnings Date Jul 30, 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]

Sector Financials
IPO Date Apr 3, 2013
Employees 1,517
Stock Exchange NASDAQ
Ticker Symbol IBTX
Full Company Profile

Financial Performance

In 2023, IBTX's revenue was $503.86 million, a decrease of -16.74% compared to the previous year's $605.18 million. Earnings were $43.20 million, a decrease of -77.99%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for IBTX stock is "Buy." The 12-month stock price forecast is $54.0, which is a decrease of -0.17% from the latest price.

Price Target
$54.0
(-0.17% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

Other symbols: SSB
3 days ago - Business Wire

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Independent Bank Group, Inc. - IBTX

NEW YORK , May 22, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securitie...

2 months ago - PRNewsWire

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...

Other symbols: SSB
2 months ago - PRNewsWire

IBTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Independent Bank Group, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Independent Bank Group, Inc. (NASDAQ: IBTX) to SouthState Corporation for 0.60 shares of ...

2 months ago - Business Wire

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...

Other symbols: SSB
2 months ago - Market Watch

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...

Other symbols: SSB
2 months ago - PRNewsWire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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 $32.8 million, or $0.79 per diluted share, for the quarter ended September 30, 2023, compare...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 income of $33.1 million, or $0.80 per diluted share, for the quarter ended June 30, 2023, compared to ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire

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.

Other symbols: CVBF
1 year ago - Benzinga

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.

Other symbols: HSBCTD
1 year ago - New York Post

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...

1 year ago - Business Wire

Independent Bank Group, Inc. Announces Date for Q4 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 fourth quarter 2022 results on Tu...

1 year ago - Business Wire

Independent Bank Group, Inc. Announces Date for Q3 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 third quarter 2022 results on Tuesd...

1 year ago - Business Wire

Independent Financial Appoints Dan Strodel as Chief Banking Officer

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, today announced the appointment of Dan Strodel as Executive Vice President...

2 years ago - Business Wire

Independent Bank Group, Inc. Appoints Paul Langdale as Chief Financial Officer

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced the appointment of Paul Langdale as Chief Financial Officer. Mr. Langdale is replacing Michelle Hickox, wh...

2 years ago - Business Wire

Independent Bank Group, Inc. Announces Date for Q2 2022 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 2022 results on Tuesday, ...

2 years ago - Business Wire

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 ...

2 years ago - Business Wire