Independent Bank Group, Inc.

IBTX

US45384B1061

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-06-28 pm EDT			5-day change	1st Jan Change
45.52 ^USD	+2.57%		+5.52%	-10.53%

Jun. 20	Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	MT
Jun. 18	Stephens Downgrades Independent Bank Group to Equalweight, Price Target at $52	MT

Independent Bank Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022

January 23, 2023 at 05:00 pm EST

Independent Bank Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 141.79 million compared to USD 132.65 million a year ago. Net income was USD 40.75 million compared to USD 54.19 million a year ago. Basic earnings per share was USD 0.99 compared to USD 1.26 a year ago. Diluted earnings per share was USD 0.99 compared to USD 1.26 a year ago.

For the full year, net interest income was USD 558.21 million compared to USD 520.32 million a year ago. Net income was USD 196.29 million compared to USD 224.75 million a year ago. Basic earnings per share was USD 4.71 compared to USD 5.22 a year ago. Diluted earnings per share was USD 4.70 compared to USD 5.21 a year ago.

Latest news about Independent Bank Group, Inc.

Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	Jun. 20	MT
Stephens Downgrades Independent Bank Group to Equalweight, Price Target at $52	Jun. 18	MT
Piper Sandler Upgrades Independent Bank to Overweight From Underweight	May. 31	MT
Truist Securities Downgrades Independent Bank to Hold From Buy on Heels of Announced Merger With SouthState, Adjusts PT to $50 From $46	May. 29	MT
Sector Update: Financial Stocks Decline Late Afternoon	May. 20	MT
Sector Update: Financial Stocks Easing Monday Afternoon	May. 20	MT
Sector Update: Financial	May. 20	MT
SouthState Agrees to Buy Independent Bank Group in $2 Billion All-Stock Transaction	May. 20	MT
Sector Update: Financial Stocks Steady Premarket Monday	May. 20	MT
Sector Update: Financial	May. 20	MT
Transcript : Independent Bank Group, Inc., SouthState Corporation - M&A Call	May. 20
SouthState Agrees to Acquire Independent Bank for $2 Billion	May. 20	MT
SouthState to Acquire Independent Bank	May. 20	MT
SouthState to Acquire Independent Bank	May. 20	MT
Regional lender SouthState to buy Independent Bank for about $2 bln	May. 20	RE
CyberArk to acquire Venafi in $1.5 bln deal	May. 20	RE
SouthState Corporation entered into an Agreement and Plan of Merger to acquire Independent Bank Group, Inc. from Vincent J. Viola and others for $2.1 billion.	May. 19	CI
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	Apr. 25	MT
Truist Lowers Price Target on Independent Bank Group to $46 From $52, Keeps Buy Rating	Apr. 25	MT
North American Morning Briefing : More Tech -2-	Apr. 25	DJ
Piper Sandler Downgrades Independent Bank Group to Underweight From Neutral, Adjusts PT to $38 From $48	Apr. 24	MT
Independent Bank Corp. Names New Board Chair	Apr. 23	MT
Independent Bank Keeps Quarterly Dividend at $0.24 per Share, Payable May 13 to Shareholders of Record on May 3	Apr. 23	MT
Transcript : Independent Bank Group, Inc., Q1 2024 Earnings Call, Apr 23, 2024	Apr. 23
Independent Bank Group Q1 Adjusted Net Income, Revenue Fall	Apr. 22	MT

Chart Independent Bank Group, Inc.

Duration

Period

More charts

Company Profile

Independent Bank Group, Inc. is a bank holding company. The Company, through its subsidiary, Independent Bank, a Texas state-chartered bank, doing business as Independent Financial, provides a range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include commercial real estate loans, interim construction loans, commercial loans to a diversified mix of small and midsized businesses, and loans to professionals, including medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. It provides a full range of deposit products and services, including a variety of checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, e-statements and bank-by-mail and direct deposit services.

Sector

Banks

Calendar

2024-07-21 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Independent Bank Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

45.52 USD

Average target price

49.67 USD

Spread / Average Target

+9.11%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Commercial Banks

	1st Jan change	Capi.
INDEPENDENT BANK GROUP, INC.	-10.53%	1.88B
AGRICULTURAL BANK OF CHINA LIMITED	+10.96%	205B
PT BANK CENTRAL ASIA TBK	+5.59%	74.84B
ANZ GROUP HOLDINGS LIMITED	+9.30%	56.59B
INDUSTRIAL BANK CO., LTD.	+8.70%	50.37B
CHINA CITIC BANK CO., LTD.	+36.14%	45.11B
CRÉDIT AGRICOLE S.A.	-0.87%	41.29B
QATAR NATIONAL BANK (Q.P.S.C.)	-11.37%	37.07B
JAPAN POST BANK CO., LTD.	+6.37%	34.16B
INVEST BANK	-96.60%	32.24B

Commercial Banks