Financials Independent Bank Group, Inc.

Equities

IBTX

US45384B1061

Banks

Market Closed - Nasdaq 04:00:00 2024-06-12 pm EDT 5-day change 1st Jan Change
43.58 USD +2.61% Intraday chart for Independent Bank Group, Inc. -2.20% -14.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,381 2,704 3,098 2,475 2,100 1,803 -
Enterprise Value (EV) 1 2,381 2,704 3,098 2,475 2,100 1,803 1,803
P/E ratio 12.4 x 13.4 x 13.8 x 12.8 x 48.9 x 16.7 x 11 x
Yield 1.8% 1.68% 1.83% 2.53% 2.99% 3.5% 3.53%
Capitalization / Revenue 4.09 x 4.5 x 5.24 x 4.03 x 4.1 x 3.62 x 3.01 x
EV / Revenue 4.09 x 4.5 x 5.24 x 4.03 x 4.1 x 3.62 x 3.01 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.02 x 1.07 x 1.2 x 1.04 x 0.87 x 0.74 x 0.7 x
Nbr of stocks (in thousands) 42,952 43,248 42,936 41,196 41,283 41,377 -
Reference price 2 55.44 62.52 72.15 60.08 50.88 43.58 43.58
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 582.9 601.5 590.8 614.1 512.2 498.3 599
EBITDA - - - - - - -
EBIT 1 261.1 295.4 274.9 270 177.7 154 240.4
Operating Margin 44.79% 49.11% 46.53% 43.97% 34.7% 30.91% 40.14%
Earnings before Tax (EBT) 1 246.3 252.4 282.2 246.3 52.32 137.6 208.9
Net income 1 192.7 201.2 224.8 196.3 43.2 108 164.8
Net margin 33.06% 33.45% 38.04% 31.96% 8.43% 21.67% 27.51%
EPS 2 4.470 4.670 5.210 4.700 1.040 2.604 3.972
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 1.000 1.050 1.320 1.520 1.520 1.523 1.537
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 148.8 144 153 161.9 154.1 141.7 128.7 123.7 118 115.9 120.6 127.3 134.2 138.7 147.2
EBITDA - - - - - - - - - - - - - - -
EBIT 1 68.67 61.58 67.14 72.05 65.76 56.86 42.83 41.39 34.24 29.87 35.08 41.1 47.52 49.6 57.83
Operating Margin 46.16% 42.75% 43.89% 44.49% 42.68% 40.13% 33.27% 33.45% 29.02% 25.77% 29.08% 32.3% 35.42% 35.77% 39.28%
Earnings before Tax (EBT) 1 67.83 63.02 65.95 65.92 51.41 -48.79 41.78 41.02 18.31 30.63 30.8 34.87 40.56 41.29 50.05
Net income 1 54.19 50.74 52.36 52.44 40.75 -37.51 33.08 32.78 14.86 24.15 24.22 27.44 31.95 32.57 39.51
Net margin 36.42% 35.23% 34.22% 32.38% 26.45% -26.47% 25.69% 26.49% 12.59% 20.84% 20.08% 21.56% 23.81% 23.49% 26.84%
EPS 2 1.260 1.180 1.250 1.270 0.9900 -0.9100 0.8000 0.7900 0.3600 0.5800 0.5840 0.6620 0.7700 0.7800 0.9440
Dividend per Share 2 0.3600 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3833 0.3850 0.3850
Announcement Date 1/24/22 4/25/22 7/25/22 10/24/22 1/23/23 4/24/23 7/24/23 10/23/23 1/22/24 4/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 11.1% 8.62% 8.87% 8.45% 5.76% 4.51% 6.54%
ROA (Net income/ Total Assets) 1.77% 1.28% 1.24% 1.13% 0.73% 0.57% 0.83%
Assets 1 10,888 15,719 18,151 17,309 5,918 18,881 19,855
Book Value Per Share 2 54.50 58.30 60.30 57.90 58.20 59.20 61.90
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
43.58 USD
Average target price
49.67 USD
Spread / Average Target
+13.97%
Consensus
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  4. Financials Independent Bank Group, Inc.