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Independent Bank Group NasdaqGS:IBTX Stock Report

Last Price

US$45.78

Market Cap

US$1.9b

7D

2.7%

1Y

-3.0%

Updated

27 Mar, 2024

Data

Company Financials +

Independent Bank Group, Inc.

NasdaqGS:IBTX Stock Report

Market Cap: US$1.9b

IBTX Stock Overview

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.

IBTX fundamental analysis
Snowflake Score
Valuation3/6
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$45.78
52 Week HighUS$53.25
52 Week LowUS$28.81
Beta1.33
1 Month Change4.95%
3 Month Change-12.53%
1 Year Change-2.97%
3 Year Change-36.63%
5 Year Change-14.11%
Change since IPO58.96%

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

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
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

Independent Bank increases dividend to $0.32

Apr 26

Independent Bank declares $0.30 dividend

Feb 01

Independent Bank Group Seeing Improved Deposit Costs And Okay Loan Growth In A Challenging Period

Nov 18

Shareholder Returns

IBTXUS BanksUS Market
7D2.7%2.1%0.4%
1Y-3.0%33.8%28.8%

Return vs Industry: IBTX underperformed the US Banks industry which returned 32.6% over the past year.

Return vs Market: IBTX underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is IBTX's price volatile compared to industry and market?
IBTX volatility
IBTX Average Weekly Movement5.2%
Banks Industry Average Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: IBTX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20021,517David Brookshttps://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

How do Independent Bank Group's earnings and revenue compare to its market cap?
IBTX fundamental statistics
Market capUS$1.89b
Earnings (TTM)US$43.10m
Revenue (TTM)US$503.86m

43.8x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBTX income statement (TTM)
RevenueUS$503.86m
Cost of RevenueUS$0
Gross ProfitUS$503.86m
Other ExpensesUS$460.76m
EarningsUS$43.10m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.04
Gross Margin100.00%
Net Profit Margin8.55%
Debt/Equity Ratio28.2%

How did IBTX perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

145%

Payout Ratio
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