Independent Bank Group, Inc.(IBTX) Stock Research - Grey Stern Research

Independent Bank Group, Inc. (IBTX) Stock Analysis

$60.67 (0.46%)

IBTX Financial Performance


Use the table below to view Independent Bank Group, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $60.67 -
52 Week Low $36.47 -
52 Week High $68.66 -
Market Cap $2.5 Billion 4/17
Gross Margin 100% 1/17
Profit Margin 8% 15/17
EBITDA margin 10% 1/17
Q3 - 2024 Revenue $255.0 Million 4/17
Q3 - 2024 Earnings $20.4 Million 6/17
Q3 - 2024 Free Cash Flow $34.8 Million 3/17
Trailing 4 Quarters Revenue $757.8 Million 4/17
Trailing 4 Quarters Earnings -$434.0 Million 17/17
Quarterly Earnings Growth -38% 17/17
Annual Earnings Growth -429% 17/17
Quarterly Revenue Growth 108% 3/17
Annual Revenue Growth 50% 4/17
Cash On Hand $103.2 Million 8/17
Short Term Debt $0 5/17
Long Term Debt $509.5 Million 4/17

Independent Bank Group, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Independent Bank Group, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 17/17
PS 3.32 3/17
PB 1.29 4/17
PC 24.37 1/17
Liabilities to Equity 8.54 6/17
ROA -0.02 17/17
ROE -0.22 17/17
Current Ratio 1.12 10/17
Quick Ratio 0.10 6/17
Long Term Debt to Equity 0.26 6/17
Debt to Equity 0.26 9/17
Burn Rate -1846.05 17/17
Cash to Cap 0.04 14/17
CCR 1.70 4/17
EV to EBITDA 113.62 2/17
EV to Revenue 3.85 2/17

Company Details

Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that 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 comprising 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, including analyzed business checking, business savings, and treasury management services. As of December 31, 2021, the company operated 93 full-service branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

CEO: Mr. David Brooks

Website: https://www.independent-bank.com

Address: 1600 Redbud Blvd Ste 400 McKinney, TEXAS

Exchange: NASDAQ Global Select

Industry: Banks—Regional

Independent Bank Group, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Independent Bank Group, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
National Bank Holdings Corporation NBHC $1.5 Billion
UMB Financial Corporation UMBF $7.4 Billion
Heritage Financial Corporation HFWA $829.0 Million
BOK Financial Corporation BOKF $6.8 Billion
ConnectOne Bancorp, Inc. CNOB $940.6 Million
First Financial Bankshares, Inc. FFIN $5.2 Billion
Sierra Bancorp BSRR $404.3 Million
First Financial Northwest, Inc. FFNW $209.0 Million
ACNB Corporation ACNB $440.7 Million
Community West Bancshares CWBC $356.1 Million
Home Bancorp, Inc. HBCP $374.6 Million
HMN Financial, Inc. HMNF $125.0 Million
FVCBankcorp, Inc. FVCB $196.3 Million
Affinity Bancshares, Inc. AFBI $113.6 Million
Texas Capital Bancshares, Inc. TCBIO $917.9 Million
Finward Bancorp FNWD $126.0 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
IBTX Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 255.0 Million $20.4 Million
Q2 2024 $ 252.6 Million -$493.5 Million
Q1 2024 $ 250.2 Million $24.2 Million
Q4 2023 $ 0 $14.9 Million
Q3 2023 $ 122.8 Million $32.8 Million
Q2 2023 $ 127.3 Million $33.1 Million
Q1 2023 $ 140.6 Million -$37.5 Million
Q4 2022 $ 153.2 Million $40.8 Million

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IBTX Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $103.2 Million $18.6 Billion $509.5 Million $1.9 Billion
Q2 2024 $94.0 Million $18.4 Billion $481.8 Million $1.9 Billion
Q1 2024 $730.2 Million $18.9 Billion $551.6 Million $2.4 Billion
Q4 2023 $98.4 Million $19.0 Billion $0 $2.4 Billion
Q3 2023 $712.0 Million $18.5 Billion $601.2 Million $2.3 Billion
Q2 2023 $903.1 Million $18.7 Billion $1.2 Billion $2.4 Billion
Q1 2023 $1.0 Billion $18.8 Billion $2.2 Billion $2.4 Billion
Q4 2022 $654.8 Million $18.3 Billion $621.5 Million $2.4 Billion

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IBTX Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $34.8 Million $5.7 Million $577.3 Million
Q2 2024 -$75.8 Million -$4.3 Million $40.8 Million
Q1 2024 $41.0 Million -$1.4 Million $8.0 Million
Q4 2023 $109.4 Million $0 $109.4 Million
Q3 2023 $112.2 Million $0 $112.0 Million
Q2 2023 $52.4 Million $0 $52.3 Million
Q1 2023 $24.5 Million -$3.7 Million $394.3 Million
Q4 2022 $51.6 Million -$17.0 Million $138.2 Million

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