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Independent Bank Group NasdaqGS:IBTX Stock Report

Last Price

US$63.06

Market Cap

US$2.6b

7D

-1.9%

1Y

67.0%

Updated

20 Nov, 2024

Data

Company Financials +

Independent Bank Group, Inc.

NasdaqGS:IBTX Stock Report

Market Cap: US$2.6b

IBTX 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

IBTX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends4/6

Independent Bank Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Independent Bank Group
Historical stock prices
Current Share PriceUS$63.06
52 Week HighUS$67.92
52 Week LowUS$36.16
Beta1.37
11 Month Change9.61%
3 Month Change15.41%
1 Year Change67.05%
33 Year Change-15.29%
5 Year Change8.02%
Change since IPO118.96%

Recent News & Updates

Recent updates

The Merger Between Independent Bank Group And SouthState Corporation Is Unexciting

Jun 29

Independent Bank Group: Holding The Line For Now

Feb 24

Earnings Miss: Independent Bank Group, Inc. Missed EPS By 20% And Analysts Are Revising Their Forecasts

Jan 25
Earnings Miss: Independent Bank Group, Inc. Missed EPS By 20% And Analysts Are Revising Their Forecasts

Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38

Jul 30
Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38

Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38

Jan 27
Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38

Independent Bank Group declares $0.38 dividend

Jul 25

Does Independent Bank Group (NASDAQ:IBTX) Deserve A Spot On Your Watchlist?

Mar 28
Does Independent Bank Group (NASDAQ:IBTX) Deserve A Spot On Your Watchlist?

Analysts Are Updating Their Independent Bank Group, Inc. (NASDAQ:IBTX) Estimates After Its Full-Year Results

Jan 27
Analysts Are Updating Their Independent Bank Group, Inc. (NASDAQ:IBTX) Estimates After Its Full-Year Results

With EPS Growth And More, Independent Bank Group (NASDAQ:IBTX) Is Interesting

Dec 09
With EPS Growth And More, Independent Bank Group (NASDAQ:IBTX) Is Interesting

Independent Bank: Gearing Up For Continued Success

Aug 05

Shareholder Returns

IBTXUS BanksUS Market
7D-1.9%-0.9%-1.0%
1Y67.0%53.3%30.3%

Return vs Industry: IBTX exceeded the US Banks industry which returned 54.2% over the past year.

Return vs Market: IBTX exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is IBTX's price volatile compared to industry and market?
IBTX volatility
IBTX Average Weekly Movement6.0%
Banks Industry Average Movement5.1%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: IBTX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: IBTX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20021,517David Brookswww.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

How do Independent Bank Group's earnings and revenue compare to its market cap?
IBTX fundamental statistics
Market capUS$2.62b
Earnings (TTM)-US$432.16m
Revenue (TTM)US$466.72m

1.3x

P/B Ratio

5.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBTX income statement (TTM)
RevenueUS$466.72m
Cost of RevenueUS$0
Gross ProfitUS$466.72m
Other ExpensesUS$898.88m
Earnings-US$432.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-10.43
Gross Margin100.00%
Net Profit Margin-92.59%
Debt/Equity Ratio26.8%

How did IBTX perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

-14%

Payout Ratio