Independent Bank Group, Inc. (IBTX)
| Market Cap | 1.51B |
| Revenue (ttm) | 600.29M |
| Net Income (ttm) | 108.04M |
| Shares Out | 41.28M |
| EPS (ttm) | 2.60 |
| PE Ratio | 13.75 |
| Forward PE | 12.03 |
| Dividend | $1.52 (4.14%) |
| Ex-Dividend Date | May 3, 2023 |
| Volume | 106,083 |
| Open | 36.91 |
| Previous Close | 37.04 |
| Day's Range | 35.38 - 37.01 |
| 52-Week Range | 28.81 - 76.00 |
| Beta | 1.37 |
| Analysts | Buy |
| Price Target | 49.00 (+33.41%) |
| Earnings Date | Jul 24, 2023 |
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]
Financial Performance
In 2022, IBTX's revenue was $605.18 million, an increase of 1.57% compared to the previous year's $595.84 million. Earnings were $196.29 million, a decrease of -12.66%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for IBTX stock is "Buy." The 12-month stock price forecast is $49.0, which is an increase of 33.41% from the latest price.
News
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, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend
MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net loss of $37.5 million, or $0.91 per diluted share, for the quarter ended March 31, 2023, which include...
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. 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...
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...
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 $52.4 million, or $1.27 per diluted share, for the quarter ended September 30, 2022, compare...
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...
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...
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...
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 $52.4 million, or $1.25 per diluted share, for the quarter ended June 30, 2022, compared to ...
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, ...
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 ...
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 Tuesd...
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 st...
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...
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, ...
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 th...
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 i...
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, O...
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 Presiden...
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 ...
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 th...
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, ...