Independent Bank Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $38.11
- Today's High:
- $38.89
- Open Price:
- $38.54
- 52W Low:
- $28.5641
- 52W High:
- $68.738
- Prev. Close:
- $38.49
- Volume:
- 114251
Company Statistics
- Market Cap.:
- $1.59 billion
- Book Value:
- 57.003
- Revenue TTM:
- $575.90 million
- Operating Margin TTM:
- 41.24%
- Gross Profit TTM:
- $605.18 million
- Profit Margin:
- 15.41%
- Return on Assets TTM:
- 0.48%
- Return on Equity TTM:
- 3.76%
Company Profile
Independent Bank Group Inc had its IPO on 2013-04-03 under the ticker symbol IBTX.
The company operates in the Financial Services sector and Banks-Regional industry. Independent Bank Group Inc has a staff strength of 1,547 employees.
Stock update
Shares of Independent Bank Group Inc opened at $38.54 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $38.11 - $38.89, and closed at $38.62.
This is a +0.34% increase from the previous day's closing price.
A total volume of 114,251 shares were traded at the close of the day’s session.
In the last one week, shares of Independent Bank Group Inc have slipped by -8.4%.
Independent Bank Group Inc's Key Ratios
Independent Bank Group Inc has a market cap of $1.59 billion, indicating a price to book ratio of 1.1903 and a price to sales ratio of 4.0148.
In the last 12-months Independent Bank Group Inc’s revenue was $575.90 million with a gross profit of $605.18 million and an EBITDA of $0. The EBITDA ratio measures Independent Bank Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Independent Bank Group Inc’s operating margin was 41.24% while its return on assets stood at 0.48% with a return of equity of 3.76%.
In Q2, Independent Bank Group Inc’s quarterly earnings growth was a negative -36% while revenue growth was a negative 16.1%.
Independent Bank Group Inc’s PE and PEG Ratio
- Forward PE
- 12.0337
- Trailing PE
- 17.9023
- PEG
- 1.81
Its diluted EPS in the last 12-months stands at $2.15 per share while it has a forward price to earnings multiple of 12.0337 and a PEG multiple of 1.81. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Independent Bank Group Inc’s profitability.
Independent Bank Group Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.0148.
Independent Bank Group Inc stock pays annual dividends of $1.52 per share, indicating a yield of 3.95% and a payout ratio of 34.39%.
Balance sheet and cash flow metrics
- Total Assets
- $18.72 billion
- Total Liabilities
- $14.87 billion
- Operating Cash Flow
- $-59319000.00
- Capital Expenditure
- $6.69 million
- Dividend Payout Ratio
- 34.39%
Independent Bank Group Inc ended 2024 with $18.72 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $18.72 billion while shareholder equity stood at $2.35 billion.
Independent Bank Group Inc ended 2024 with $0 in deferred long-term liabilities, $14.87 billion in other current liabilities, 413000.00 in common stock, $600.83 million in retained earnings and $994.02 million in goodwill. Its cash balance stood at $903.13 million and cash and short-term investments were $1.77 billion. The company’s total short-term debt was $0 while long-term debt stood at $1.23 billion.
Independent Bank Group Inc’s total current assets stands at $1.77 billion while long-term investments were $1.84 billion and short-term investments were $1.64 billion. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.
In 2024, Independent Bank Group Inc's operating cash flow was $-59319000.00 while its capital expenditure stood at $6.69 million.
Comparatively, Independent Bank Group Inc paid $0.34 in dividends in 2024.
Other key metrics
- Current Trading Price
- $38.62
- 52-Week High
- $68.738
- 52-Week Low
- $28.5641
- Analyst Target Price
- $46.83
Independent Bank Group Inc stock is currently trading at $38.62 per share. It touched a 52-week high of $68.738 and a 52-week low of $68.738. Analysts tracking the stock have a 12-month average target price of $46.83.
Its 50-day moving average was $40.89 and 200-day moving average was $46.69 The short ratio stood at 4.58 indicating a short percent outstanding of 0%.
Around 1347.3% of the company’s stock are held by insiders while 7637.5% are held by institutions.
Frequently Asked Questions About Independent Bank Group Inc
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About
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, equipment lease financing, 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. In addition, it offers debit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. Independent Bank Group, Inc. was incorporated in 2002 and is headquartered in McKinney, Texas.