Independent Bank Group, Inc.

IBTX

US45384B1061

Banks

Market Closed - Nasdaq Other stock markets 16:00:00 2024-07-16 EDT			5-day change	1st Jan Change
54.36 ^USD	+4.70%		+19.11%	+6.84%

07-09	Keefe Bruyette & Woods Adjusts Price Target on Independent Bank to $57 From $46, Maintains Outperform Rating	MT
07-08	Truist Securities Adjusts Price Target on Independent Bank Group to $48 From $50, Maintains Hold Rating	MT

Independent Bank Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 27, 2020 at 09:03 am

Independent Bank Group, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 128.069 million compared to USD 87.108 million a year ago. Net income was USD 50.236 million compared to USD 33.964 million a year ago. For the full year, net interest income was USD 504.757 million compared to USD 326.252 million a year ago. Net income was USD 192.736 million compared to USD 128.259 million a year ago.

Latest news about Independent Bank Group, Inc.

Keefe Bruyette & Woods Adjusts Price Target on Independent Bank to $57 From $46, Maintains Outperform Rating	07-09	MT
Truist Securities Adjusts Price Target on Independent Bank Group to $48 From $50, Maintains Hold Rating	07-08	MT
Bank M&A Rises in Second Quarter But Likely to Remain 'Subdued' in Near Term, Raymond James Says	07-01	MT
Independent Bank Group, Inc.(NasdaqGS:IBTX) added to Russell 2000 Dynamic Index	06-30	CI
Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	06-20	MT
Stephens Downgrades Independent Bank Group to Equalweight, Price Target at $52	06-18	MT
Piper Sandler Upgrades Independent Bank to Overweight From Underweight	05-31	MT
Truist Securities Downgrades Independent Bank to Hold From Buy on Heels of Announced Merger With SouthState, Adjusts PT to $50 From $46	05-29	MT
Sector Update: Financial Stocks Decline Late Afternoon	05-20	MT
Sector Update: Financial Stocks Easing Monday Afternoon	05-20	MT
Sector Update: Financial	05-20	MT
SouthState Agrees to Buy Independent Bank Group in $2 Billion All-Stock Transaction	05-20	MT
Sector Update: Financial Stocks Steady Premarket Monday	05-20	MT
Sector Update: Financial	05-20	MT
Transcript : Independent Bank Group, Inc., SouthState Corporation - M&A Call	05-20
SouthState Agrees to Acquire Independent Bank for $2 Billion	05-20	MT
SouthState to Acquire Independent Bank	05-20	MT
SouthState to Acquire Independent Bank	05-20	MT
Regional lender SouthState to buy Independent Bank for about $2 bln	05-20	RE
CyberArk to acquire Venafi in $1.5 bln deal	05-20	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 billion.	05-19	CI
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	04-25	MT
Truist Lowers Price Target on Independent Bank Group to $46 From $52, Keeps Buy Rating	04-25	MT
North American Morning Briefing : More Tech -2-	04-25	DJ
Piper Sandler Downgrades Independent Bank Group to Underweight From Neutral, Adjusts PT to $38 From $48	04-24	MT

Chart Independent Bank Group, Inc.

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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)

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Russell 2000

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Ratings for Independent Bank Group, Inc.

Trading Rating

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

51.92 USD

Average target price

51.17 USD

Spread / Average Target

-1.45%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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