Independent Bank Group Balance Sheet Health
Financial Health criteria checks 6/6
Independent Bank Group has total assets of $18.6B and total equity of $1.9B. Total deposits are $16.0B, and total loans are $14.1B. 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 $1.3B.
Key information
9.5x
Asset to equity ratio
2.8%
Net interest margin
| Total deposits | US$16.00b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$1.34b |
Recent financial health updates
No updates
Recent updates
The Merger Between Independent Bank Group And SouthState Corporation Is Unexciting
Jun 29Independent 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 09Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: IBTX's Assets to Equity ratio (9.5x) is low.
Allowance for Bad Loans: IBTX has a sufficient allowance for bad loans (254%).
Low Risk Liabilities: 96% 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 (76%).
Low Risk Deposits: IBTX's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: IBTX has an appropriate level of bad loans (0.4%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 03:32 |
| End of Day Share Price | 2024/12/31 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 |
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| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Independent Bank Group, Inc. is covered by 13 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 |
| Brett Rabatin | Hovde Group, LLC |
| John Rodis | Janney Montgomery Scott LLC |