Independent Bank Group Balance Sheet Health
Financial Health criteria checks 6/6
Independent Bank Group has total assets of $18.9B and total equity of $2.4B. Total deposits are $15.7B, and total loans are $-148.4M. It earns a Net Interest Margin of 2.8%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $730.9M.
Key information
7.9x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$15.67b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$730.86m |
Recent financial health updates
No updates
Recent updates
Independent Bank Group: Holding The Line For Now
Feb 24Earnings Miss: Independent Bank Group, Inc. Missed EPS By 20% And Analysts Are Revising Their Forecasts
Jan 25
Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jul 30Independent Bank Group (NASDAQ:IBTX) Is Paying Out A Dividend Of $0.38
Jan 27Independent Bank Group declares $0.38 dividend
Jul 25Does Independent Bank Group (NASDAQ:IBTX) Deserve A Spot On Your Watchlist?
Mar 28Analysts Are Updating Their Independent Bank Group, Inc. (NASDAQ:IBTX) Estimates After Its Full-Year Results
Jan 27With EPS Growth And More, Independent Bank Group (NASDAQ:IBTX) Is Interesting
Dec 09Independent Bank: Gearing Up For Continued Success
Aug 05Independent Bank increases dividend to $0.32
Apr 26Independent Bank declares $0.30 dividend
Feb 01Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: IBTX's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: IBTX has a sufficient allowance for bad loans (264%).
Low Risk Liabilities: 95% of IBTX's liabilities are made up of primarily low risk sources of funding.
Loan Level: IBTX has an appropriate level of Loans to Assets ratio (-1%).
Low Risk Deposits: IBTX's Loans to Deposits ratio (-1%) is appropriate.
Level of Bad Loans: IBTX has an appropriate level of bad loans (0.4%).