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I3B Stock Overview
Through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
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Independent Bank Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$57.50 |
| 52 Week High | US$64.50 |
| 52 Week Low | US$35.00 |
| Beta | 1.41 |
| 1 Month Change | -8.73% |
| 3 Month Change | 9.52% |
| 1 Year Change | 24.46% |
| 3 Year Change | -15.44% |
| 5 Year Change | 13.86% |
| Change since IPO | 174.52% |
Recent News & Updates
Recent updates
Shareholder Returns
| I3B | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -1.7% | 3.9% | 1.2% |
| 1Y | 24.5% | 30.5% | 14.0% |
Return vs Industry: I3B exceeded the German Banks industry which returned 18.9% over the past year.
Return vs Market: I3B exceeded the German Market which returned 8.4% over the past year.
Price Volatility
| I3B volatility | |
|---|---|
| I3B Average Weekly Movement | 6.1% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in DE Market | 13.0% |
| 10% least volatile stocks in DE Market | 3.1% |
Stable Share Price: I3B has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: I3B's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2002 | 1,517 | David Brooks | www.independent-bank.com |
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, such as SBA guaranteed loans, business term loans, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans.
Independent Bank Group, Inc. Fundamentals Summary
| I3B fundamental statistics | |
|---|---|
| Market cap | €2.45b |
| Earnings (TTM) | -€421.09m |
| Revenue (TTM) | €454.77m |
1.3x
P/B Ratio5.4x
P/S RatioIs I3B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| I3B income statement (TTM) | |
|---|---|
| Revenue | US$466.72m |
| Cost of Revenue | US$0 |
| Gross Profit | US$466.72m |
| Other Expenses | US$898.88m |
| Earnings | -US$432.16m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -10.43 |
| Gross Margin | 100.00% |
| Net Profit Margin | -92.59% |
| Debt/Equity Ratio | 26.8% |
How did I3B perform over the long term?
See historical performance and comparisonDividends
2.5%
Current Dividend Yield-14%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 01:08 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Independent Bank Group, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Pancari | Evercore ISI |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Catherine Summerson Mealor | Keefe, Bruyette, & Woods |