Independent Bank Group Future Growth

Future criteria checks 4/6

Independent Bank Group is forecast to grow earnings and revenue by 27.8% and 12.8% per annum respectively while EPS is expected to grow by 27.5% per annum.

Key information

27.8%

Earnings growth rate

27.5%

EPS growth rate

Banks earnings growth	7.9%
Revenue growth rate	12.8%
Future return on equity	n/a
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

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

Jan 25

Recent updates

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

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

Jan 27

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

Dec 09

Independent Bank: Gearing Up For Continued Success

Aug 05

Independent Bank increases dividend to $0.32

Apr 26

Independent Bank declares $0.30 dividend

Feb 01

Earnings and Revenue Growth Forecasts

NasdaqGS:IBTX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	597	164	N/A	N/A	6
12/31/2024	496	108	N/A	N/A	5
3/31/2024	482	105	157	175	N/A
12/31/2023	504	43	144	165	N/A
9/30/2023	541	69	156	189	N/A
6/30/2023	576	88	197	234	N/A
3/31/2023	600	107	177	224	N/A
12/31/2022	605	195	154	217	N/A
9/30/2022	603	208	122	216	N/A
6/30/2022	591	208	113	211	N/A
3/31/2022	590	214	134	221	N/A
12/31/2021	596	223	206	277	N/A
9/30/2021	597	227	245	278	N/A
6/30/2021	601	234	244	266	N/A
3/31/2021	580	215	173	192	N/A
12/31/2020	559	200	133	154	N/A
9/30/2020	554	192	104	121	N/A
6/30/2020	552	188	116	130	N/A
3/31/2020	563	199	150	176	N/A
12/31/2019	568	191	142	173	N/A
9/30/2019	518	176	152	192	N/A
6/30/2019	468	156	106	160	N/A
3/31/2019	413	136	107	155	N/A
12/31/2018	359	127	121	159	N/A
9/30/2018	351	113	92	118	N/A
6/30/2018	337	101	107	128	N/A
3/31/2018	329	90	83	97	N/A
12/31/2017	299	77	N/A	83	N/A
9/30/2017	261	73	N/A	90	N/A
6/30/2017	227	63	N/A	77	N/A
3/31/2017	197	57	N/A	84	N/A
12/31/2016	194	54	N/A	80	N/A
9/30/2016	189	49	N/A	69	N/A
6/30/2016	178	43	N/A	10	N/A
3/31/2016	170	42	N/A	62	N/A
12/31/2015	161	39	N/A	44	N/A
9/30/2015	157	37	N/A	52	N/A
6/30/2015	155	38	N/A	100	N/A
3/31/2015	148	33	N/A	38	N/A
12/31/2014	132	29	N/A	36	N/A
9/30/2014	115	23	N/A	26	N/A
6/30/2014	99	18	N/A	22	N/A
3/31/2014	86	17	N/A	28	N/A
12/31/2013	82	16	N/A	31	N/A
9/30/2013	79	16	N/A	30	N/A
6/30/2013	75	15	N/A	27	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IBTX's forecast earnings growth (27.8% per year) is above the savings rate (2.3%).

Earnings vs Market: IBTX's earnings (27.8% per year) are forecast to grow faster than the US market (14.7% per year).

High Growth Earnings: IBTX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IBTX's revenue (12.8% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: IBTX's revenue (12.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if IBTX's Return on Equity is forecast to be high in 3 years time

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Independent Bank Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 11%

Price target decreased by 10% to US$48.14

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

Price target increased by 9.4% to US$51.43

Price target increased by 12% to US$47.00

Consensus EPS estimates fall by 17%

Recent updates

Consensus EPS estimates fall by 11%

Price target decreased by 10% to US$48.14

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Independent Bank Group, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Independent Bank Group: Holding The Line For Now

Full year 2023 earnings: EPS misses analyst expectations

Now 23% undervalued

Fourth quarter dividend of US$0.38 announced

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

Price target increased by 9.4% to US$51.43

Independent Bank Group, Inc. Declares Quarterly Cash Dividend, Payable on February 15, 2024

Independent Bank Group, Inc. to Report Q4, 2023 Results on Jan 22, 2024

Price target increased by 12% to US$47.00

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Independent Bank Group, Inc. Declares Quarterly Cash Dividend, Payable on November 16, 2023

Independent Bank Group, Inc. to Report Q3, 2023 Results on Oct 23, 2023

Consensus EPS estimates fall by 17%

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

Price target increased by 8.5% to US$47.40

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Bank Group, Inc. Declares Quarterly Dividend, Payable on August 17, 2023

Independent Bank Group, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Independent Bank Group, Inc. to Report Q2, 2023 Results on Jul 24, 2023

Investor sentiment improves as stock rises 21%

Independent Bank Group, Inc. Approves the Appointment of Janet P. Froetscher as Director

Investor sentiment improves as stock rises 16%

Chairman of the Board & CEO recently bought US$152k worth of stock

Now 22% undervalued after recent price drop

Price target decreased by 12% to US$53.17

First quarter 2023 earnings: Revenues miss analyst expectations

Price target decreased by 9.0% to US$61.00

Full year 2022 earnings: EPS misses analyst expectations

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

Upcoming dividend of US$0.38 per share at 2.6% yield

Full year 2022 earnings: EPS misses analyst expectations

Independent Bank Group, Inc. (NasdaqGS:IBTX) announces an Equity Buyback for $125 million worth of its shares.

Independent Bank Group, Inc. to Report Q4, 2022 Results on Jan 23, 2023

Price target decreased to US$73.57

Insufficient new directors

Third quarter 2022 earnings: Revenues in line with analyst expectations

Independent Bank Group, Inc. Declares Quarterly Cash Dividend, Payable on November 17, 2022

Independent Bank Group, Inc. to Report Q3, 2022 Results on Oct 24, 2022

Independent Bank Group, Inc. Appoints Dan Strodel as Executive Vice President and Chief Banking Officer

President & COO recently sold US$101k worth of stock

Independent Bank Group, Inc. Announces Chief Financial Officer Changes

Second quarter 2022 earnings: EPS exceeds analyst expectations

Independent Bank Group, Inc. Declares Quarterly Cash Dividend, Payable on August 18, 2022

Independent Bank Group declares $0.38 dividend

Independent Bank Group, Inc. to Report Q2, 2022 Results on Jul 25, 2022

Executive VP & COO recently sold US$64k worth of stock

Insufficient new directors

President & COO recently sold US$187k worth of stock

Independent Bank Group, Inc. Announces Executive Changes

First quarter 2022 earnings: EPS exceeds analyst expectations

Independent Bank Group, Inc. Declares Quarterly Dividend, Payable on May 19, 2022

Independent Bank Group, Inc. to Report Q1, 2022 Results on Apr 25, 2022

Independent Bank Group, Inc., Annual General Meeting, May 26, 2022

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

Executive VP & COO notifies of intention to sell stock

Executive VP & COO recently sold US$102k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Independent Director recently sold US$209k worth of stock

Lead Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.38 per share

Lead Independent Director recently sold US$1.4m worth of stock

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

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

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

President & COO recently sold US$154k worth of stock