Independent Bank Group, Inc. (IBTX)
| Market Cap | 1.83B |
| Revenue (ttm) | 482.38M |
| Net Income (ttm) | 104.86M |
| Shares Out | 41.38M |
| EPS (ttm) | 2.52 |
| PE Ratio | 17.54 |
| Forward PE | 14.13 |
| Dividend | $1.52 (3.45%) |
| Ex-Dividend Date | May 1, 2024 |
| Volume | 12,099 |
| Open | 43.68 |
| Previous Close | 44.21 |
| Day's Range | 43.68 - 44.24 |
| 52-Week Range | 34.30 - 53.25 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 52.88 (+20.14%) |
| Earnings Date | Jul 22, 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, 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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for IBTX stock is "Buy." The 12-month stock price forecast is $52.88, which is an increase of 20.14% from the latest price.
News
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...
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...
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 ...
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. 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. 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...
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...
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. 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 ...
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, 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. 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. 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...