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    Independent Bank Group Inc

    Subscribe to $IBTX
    $IBTX
    Major Banks
    Finance

    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. 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, 2020, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

    IPO Year: 2013

    Exchange: NASDAQ

    Website: independent-bank.com

    Peers

    $IBCP
    $TCBI
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    Recent Analyst Ratings for Independent Bank Group Inc

    DatePrice TargetRatingAnalyst
    5/31/2024$38.00 → $58.00Underweight → Overweight
    Piper Sandler
    4/24/2024$53.00 → $46.00Market Perform
    Hovde Group
    4/24/2024$48.00 → $38.00Neutral → Underweight
    Piper Sandler
    1/5/2024$56.00Mkt Perform → Outperform
    Raymond James
    7/26/2023$40.00 → $44.00Overweight → Neutral
    Piper Sandler
    10/26/2022$82.50 → $70.00Outperform → Market Perform
    Hovde Group
    3/9/2022Neutral
    Janney
    1/26/2022$80.00 → $85.00Buy
    Truist Securities
    See more ratings

    Independent Bank Group Inc Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Viola Michael T returned 31,922 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:17:48 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Washington Paul returned 5,029 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:16:30 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Poarch Donald L returned 147,508 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:15:19 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Harrison Alicia Kuhn returned 11,559 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:14:00 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Froetscher Janet P returned 3,286 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:12:50 AM ET
      $IBTX
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    • Director Holmes Craig E returned 23,223 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:11:30 AM ET
      $IBTX
      Major Banks
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    • Director Jennings John Webb Iii returned 56,088 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:10:19 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Smith G Stacy returned 56,131 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:09:00 AM ET
      $IBTX
      Major Banks
      Finance
    • Director Fair William E returned 231,504 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:07:43 AM ET
      $IBTX
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    • EVP, Chief Accounting Officer Montgomery Brenda K covered exercise/tax liability with 881 shares and returned 12,479 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Independent Bank Group, Inc. (0001564618) (Issuer)

      1/3/25 11:06:09 AM ET
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    Independent Bank Group Inc SEC Filings

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    • SEC Form 15-12G filed by Independent Bank Group Inc

      15-12G - Independent Bank Group, Inc. (0001564618) (Filer)

      1/13/25 5:11:51 PM ET
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    • SEC Form 15-12G filed by Independent Bank Group Inc

      15-12G - Independent Bank Group, Inc. (0001564618) (Filer)

      1/13/25 5:09:11 PM ET
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    • SEC Form 15-12G filed by Independent Bank Group Inc

      15-12G - Independent Bank Group, Inc. (0001564618) (Filer)

      1/13/25 5:08:34 PM ET
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    • SEC Form POSASR filed by Independent Bank Group Inc

      POSASR - Independent Bank Group, Inc. (0001564618) (Filer)

      1/3/25 6:15:36 AM ET
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    • SEC Form S-8 POS filed by Independent Bank Group Inc

      S-8 POS - Independent Bank Group, Inc. (0001564618) (Filer)

      1/2/25 5:02:32 PM ET
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    • SEC Form S-8 POS filed by Independent Bank Group Inc

      S-8 POS - Independent Bank Group, Inc. (0001564618) (Filer)

      1/2/25 5:00:45 PM ET
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    • SEC Form S-8 POS filed by Independent Bank Group Inc

      S-8 POS - Independent Bank Group, Inc. (0001564618) (Filer)

      1/2/25 4:59:03 PM ET
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    • SEC Form S-8 POS filed by Independent Bank Group Inc

      S-8 POS - Independent Bank Group, Inc. (0001564618) (Filer)

      1/2/25 4:57:25 PM ET
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    • SEC Form S-8 POS filed by Independent Bank Group Inc

      S-8 POS - Independent Bank Group, Inc. (0001564618) (Filer)

      1/2/25 4:55:53 PM ET
      $IBTX
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    • SEC Form 25-NSE filed by Independent Bank Group Inc

      25-NSE - Independent Bank Group, Inc. (0001564618) (Subject)

      1/2/25 9:22:32 AM ET
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    Independent Bank Group Inc Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/13/24 5:06:20 PM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/9/24 5:46:33 PM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/9/24 9:16:05 AM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      1/23/24 11:52:30 AM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/13/23 3:32:25 PM ET
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/13/23 3:16:10 PM ET
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/10/23 2:42:23 PM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      2/9/23 11:22:21 AM ET
      $IBTX
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    • SEC Form SC 13G filed by Independent Bank Group Inc

      SC 13G - Independent Bank Group, Inc. (0001564618) (Subject)

      2/9/23 11:18:36 AM ET
      $IBTX
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    • SEC Form SC 13G/A filed by Independent Bank Group Inc (Amendment)

      SC 13G/A - Independent Bank Group, Inc. (0001564618) (Subject)

      1/26/23 8:43:37 AM ET
      $IBTX
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      Finance

    Independent Bank Group Inc Press Releases

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    • SouthState Closes Merger with Independent Financial

      Expands Presence in TX & CO and Adds Three Board Members WINTER HAVEN, Fla., Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Financial") on January 1, 2025, through the merger of Independent Financial with and into SouthState. Immediately after the merger, also on January 1, 2025, Independent Financial's subsidiary bank, Independent Bank, merged with and into SouthState Bank, N.A. ("SouthState Bank"). As a result of these transactions, the combined company has expanded its presence in Texas, entered Colorado, and increased its asset size to

      1/2/25 8:00:00 AM ET
      $IBTX
      $SSB
      Major Banks
      Finance
    • Acadia Pharmaceuticals Set to Join S&P SmallCap 600

      NEW YORK, Dec. 30, 2024 /PRNewswire/ -- Acadia Pharmaceuticals Inc. (NASD: ACAD) will replace Independent Bank Group Inc. (NASD: IBTX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 3, 2025. S&P MidCap 400 constituent SouthState Corp. (NYSE:SSB) is acquiring Independent Bank Group in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector Jan 3, 2025 S&P SmallCap 600 Addition Acadia Pharmaceuticals ACAD Health Care Jan 3, 2025 S&P SmallCap 600 Deletion Independent Bank Group

      12/30/24 5:37:00 PM ET
      $ACAD
      $IBTX
      $SPGI
      $SSB
      Biotechnology: Pharmaceutical Preparations
      Health Care
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $20.4 million, or $0.49 per diluted share, for the quarter ended September 30, 2024, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023 and net loss of $493,455 or ($11.93) per diluted share for the quarter ended June 30, 2024. Adjusted (non-GAAP) net income for the quarter ended September 30, 2024 was $20.6 million, or $0.50 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023 and $24.9 million, or $0.60 per diluted share for the quarter ended June 30, 2024. The Company also announced that its Board of Directors d

      10/21/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Second Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net loss of $493.5 million, or $11.89 per diluted share, for the quarter ended June 30, 2024, which was significantly impacted by $518.0 million of goodwill impairment recognized as a result of the Company's stock price trading below book value and the announced merger with SouthState Corporation. Goodwill impairment is a non-cash charge and has no impact on cash flows, liquidity, (non-GAAP) tangible equity, or regulatory capital. Excluding the goodwill impairment charge and other non-recurring items, adjusted (non-GAAP) net income for the quarter ended June 30, 2024 was $24.9 million, or $0.60 per diluted share. The Company also

      7/24/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.

      WINTER HAVEN, Fla. and MCKINNEY, Texas, May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Bank Group") jointly announced today that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group, in an all-stock transaction valued at approximately $2 billion. Independent Bank Group, based in McKinney, Texas, has approximately $18.9 billion in total assets, $15.7 billion in total deposits and $14.6 billion in total loans as of March 31, 2024, and op

      5/20/24 7:00:00 AM ET
      $IBTX
      $SSB
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $24.2 million, or $0.58 per diluted share, for the quarter ended March 31, 2024, compared to $14.9 million, or $0.36 per diluted share for the quarter ended December 31, 2023. Adjusted (non-GAAP) net income for the quarter ended March 31, 2024 was $26.0 million, or $0.63 per diluted share, compared to $25.5 million, or $0.62 per diluted share for the quarter ended December 31, 2023. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on May 16, 2024 to stockholders of record as of the close of business on May 2, 202

      4/22/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q1 2024 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2024 results on Tuesday, April 23, 2024, at 8:30 am ET. The related press release will be issued Monday, April 22, 2024, after 4:00 pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroupq12024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13745780 or by identifying "Independent Bank Group First Quarter 2024 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.co

      4/9/24 5:32:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2023, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023. Adjusted net income for the quarter ended December 31, 2023 was $25.5 million, or $0.62 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023. For the year ended December 31, 2023, the Company reported net income of $43.2 million, or $1.04 per diluted share, compared to $196.3 million, or $4.70 per diluted share, for the year ended December 31, 2022. Adjusted net income was $135.9

      1/22/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q4 2023 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss fourth quarter and full year 2023 results on Tuesday, January 23, 2024 at 8:30 am ET. The related press release will be issued Monday, January 22, 2024, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/independentbankgroup01232024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13743624 or by identifying "Independent Bank Group Fourth Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our web

      1/10/24 12:47:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $32.8 million, or $0.79 per diluted share, for the quarter ended September 30, 2023, compared to net income of $52.4 million, or $1.27 per diluted share for the quarter ended September 30, 2022 and $33.1 million, or $0.80 per diluted share for the quarter ended June 30, 2023. Adjusted net income for the quarter ended September 30, 2023 was $32.6 million, or $0.79 per diluted share, compared to $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022 and $33.7 million, or $0.82 per diluted share for the quarter ended June 30, 2023. The Company also announced that its Board of Directors declar

      10/23/23 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance

    Independent Bank Group Inc Leadership Updates

    Live Leadership Updates

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    • SouthState Closes Merger with Independent Financial

      Expands Presence in TX & CO and Adds Three Board Members WINTER HAVEN, Fla., Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Financial") on January 1, 2025, through the merger of Independent Financial with and into SouthState. Immediately after the merger, also on January 1, 2025, Independent Financial's subsidiary bank, Independent Bank, merged with and into SouthState Bank, N.A. ("SouthState Bank"). As a result of these transactions, the combined company has expanded its presence in Texas, entered Colorado, and increased its asset size to

      1/2/25 8:00:00 AM ET
      $IBTX
      $SSB
      Major Banks
      Finance
    • Acadia Pharmaceuticals Set to Join S&P SmallCap 600

      NEW YORK, Dec. 30, 2024 /PRNewswire/ -- Acadia Pharmaceuticals Inc. (NASD: ACAD) will replace Independent Bank Group Inc. (NASD: IBTX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 3, 2025. S&P MidCap 400 constituent SouthState Corp. (NYSE:SSB) is acquiring Independent Bank Group in a deal expected to close soon pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector Jan 3, 2025 S&P SmallCap 600 Addition Acadia Pharmaceuticals ACAD Health Care Jan 3, 2025 S&P SmallCap 600 Deletion Independent Bank Group

      12/30/24 5:37:00 PM ET
      $ACAD
      $IBTX
      $SPGI
      $SSB
      Biotechnology: Pharmaceutical Preparations
      Health Care
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $20.4 million, or $0.49 per diluted share, for the quarter ended September 30, 2024, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023 and net loss of $493,455 or ($11.93) per diluted share for the quarter ended June 30, 2024. Adjusted (non-GAAP) net income for the quarter ended September 30, 2024 was $20.6 million, or $0.50 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023 and $24.9 million, or $0.60 per diluted share for the quarter ended June 30, 2024. The Company also announced that its Board of Directors d

      10/21/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Second Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net loss of $493.5 million, or $11.89 per diluted share, for the quarter ended June 30, 2024, which was significantly impacted by $518.0 million of goodwill impairment recognized as a result of the Company's stock price trading below book value and the announced merger with SouthState Corporation. Goodwill impairment is a non-cash charge and has no impact on cash flows, liquidity, (non-GAAP) tangible equity, or regulatory capital. Excluding the goodwill impairment charge and other non-recurring items, adjusted (non-GAAP) net income for the quarter ended June 30, 2024 was $24.9 million, or $0.60 per diluted share. The Company also

      7/24/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Financial Appoints Dan Strodel as Chief Banking Officer

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, today announced the appointment of Dan Strodel as Executive Vice President and Chief Banking Officer. In his new role, Mr. Strodel will be responsible for key revenue-generating lines of business including Commercial, Middle Market and Specialty Banking, Treasury Solutions, SBA, Mortgage and Private Capital Management. "Dan has been an integral part of the company's growth over the past 10 years," said Independent Financial President and Chief Operating Officer Michael Hobbs. "I am confident that the depth of his professional experience and high-quality leadership make him the ideal person for this v

      9/6/22 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Appoints Paul Langdale as Chief Financial Officer

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced the appointment of Paul Langdale as Chief Financial Officer. Mr. Langdale is replacing Michelle Hickox, who has served as Chief Financial Officer of Independent Bank Group, Inc., and its subsidiary Independent Bank since 2012. Ms. Hickox will remain employed in an advisory capacity to facilitate the transition until October 1, 2022. "I am tremendously grateful for Michelle's leadership over the years. She was instrumental in helping us emerge as a public company through our IPO in 2013, and she has since led our accounting and finance teams through a period of rapid growth," said Independent Bank Group Chairman & CEO David R. Brook

      7/29/22 4:30:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Appointment of Paul B. Langdale as EVP, Corporate Development & Strategy

      Independent Bank Group, Inc. (NASDAQ:IBTX), the parent company of Independent Financial, today announced the promotion of Paul B. Langdale to Executive Vice President, Corporate Development & Strategy effective October 1, 2021. In his expanded role, Mr. Langdale will be responsible for overseeing enterprise-wide strategic planning, identification and evaluation of prospective mergers and acquisitions, strategic partnerships/investments, and investor relations. As a member of the company's senior leadership, Mr. Langdale will report to Independent Bank Group's Chairman and CEO David R. Brooks. Mr. Langdale joined the Company in 2018, and has since held increasingly senior positions in finan

      9/20/21 12:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Appointment of Michael B. Hobbs as President and Chief Operating Officer

      Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Bank Group" or the "Company"), the parent company of Independent Bank (the "Bank"), today announced changes to its executive leadership to position the Company for long-term success and to best serve its customers, communities and shareholders. David R. Brooks will remain Chairman and Chief Executive Officer and will continue to serve as the Company's and the Bank's principal executive officer, but he will no longer serve as President. Michael B. Hobbs will serve as President and Chief Operating Officer, effective as of October 1, 2021. Mr. Hobbs will continue to oversee the Bank's lending function as well as supervising many aspects

      9/14/21 5:05:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Appointment of Paul E. Washington to the Board of Directors

      MCKINNEY, TX / ACCESSWIRE / March 26, 2021 / Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced that it has appointed Paul E. Washington to its Board of Directors. Mr. Washington's appointment to fill an existing vacancy increases the current number of directors to ten, eight of whom are independent directors. Mr. Washington will serve on the Board's Audit and Strategic Planning Committees. Independent Bank Group's Chairman and CEO David R. Brooks said, "We are thrilled to welcome Paul to the Board. He is a highly respected businessman and deeply influential civic leader in Denver whose experience will be invaluable as we work to expand our

      3/26/21 10:20:00 AM ET
      $IBTX
      Major Banks
      Finance

    Independent Bank Group Inc Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Independent Bank Group upgraded by Piper Sandler with a new price target

      Piper Sandler upgraded Independent Bank Group from Underweight to Overweight and set a new price target of $58.00 from $38.00 previously

      5/31/24 7:42:54 AM ET
      $IBTX
      Major Banks
      Finance
    • Hovde Group reiterated coverage on Independent Bank Group with a new price target

      Hovde Group reiterated coverage of Independent Bank Group with a rating of Market Perform and set a new price target of $46.00 from $53.00 previously

      4/24/24 6:41:00 AM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group downgraded by Piper Sandler with a new price target

      Piper Sandler downgraded Independent Bank Group from Neutral to Underweight and set a new price target of $38.00 from $48.00 previously

      4/24/24 6:16:27 AM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group upgraded by Raymond James with a new price target

      Raymond James upgraded Independent Bank Group from Mkt Perform to Outperform and set a new price target of $56.00

      1/5/24 8:33:33 AM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group downgraded by Piper Sandler with a new price target

      Piper Sandler downgraded Independent Bank Group from Overweight to Neutral and set a new price target of $44.00 from $40.00 previously

      7/26/23 6:27:45 AM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group downgraded by Hovde Group with a new price target

      Hovde Group downgraded Independent Bank Group from Outperform to Market Perform and set a new price target of $70.00 from $82.50 previously

      10/26/22 9:23:11 AM ET
      $IBTX
      Major Banks
      Finance
    • Janney initiated coverage on Independent Bank Group

      Janney initiated coverage of Independent Bank Group with a rating of Neutral

      3/9/22 7:40:19 AM ET
      $IBTX
      Major Banks
      Finance
    • Truist Securities reiterated coverage on Independent Bank Gr with a new price target

      Truist Securities reiterated coverage of Independent Bank Gr with a rating of Buy and set a new price target of $85.00 from $80.00 previously

      1/26/22 8:56:37 AM ET
      $IBTX
      Major Banks
      Finance
    • Truist Securities reiterated coverage on Independent Bank Gr with a new price target

      Truist Securities reiterated coverage of Independent Bank Gr with a rating of Buy and set a new price target of $87.00 from $75.00 previously

      3/19/21 9:19:27 AM ET
      $IBTX
      Major Banks
      Finance

    Independent Bank Group Inc Financials

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    • SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.

      WINTER HAVEN, Fla. and MCKINNEY, Texas, May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Bank Group") jointly announced today that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group, in an all-stock transaction valued at approximately $2 billion. Independent Bank Group, based in McKinney, Texas, has approximately $18.9 billion in total assets, $15.7 billion in total deposits and $14.6 billion in total loans as of March 31, 2024, and op

      5/20/24 7:00:00 AM ET
      $IBTX
      $SSB
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $24.2 million, or $0.58 per diluted share, for the quarter ended March 31, 2024, compared to $14.9 million, or $0.36 per diluted share for the quarter ended December 31, 2023. Adjusted (non-GAAP) net income for the quarter ended March 31, 2024 was $26.0 million, or $0.63 per diluted share, compared to $25.5 million, or $0.62 per diluted share for the quarter ended December 31, 2023. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on May 16, 2024 to stockholders of record as of the close of business on May 2, 202

      4/22/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q1 2024 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2024 results on Tuesday, April 23, 2024, at 8:30 am ET. The related press release will be issued Monday, April 22, 2024, after 4:00 pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroupq12024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13745780 or by identifying "Independent Bank Group First Quarter 2024 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.co

      4/9/24 5:32:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2023, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023. Adjusted net income for the quarter ended December 31, 2023 was $25.5 million, or $0.62 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023. For the year ended December 31, 2023, the Company reported net income of $43.2 million, or $1.04 per diluted share, compared to $196.3 million, or $4.70 per diluted share, for the year ended December 31, 2022. Adjusted net income was $135.9

      1/22/24 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q4 2023 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss fourth quarter and full year 2023 results on Tuesday, January 23, 2024 at 8:30 am ET. The related press release will be issued Monday, January 22, 2024, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/independentbankgroup01232024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13743624 or by identifying "Independent Bank Group Fourth Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our web

      1/10/24 12:47:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $32.8 million, or $0.79 per diluted share, for the quarter ended September 30, 2023, compared to net income of $52.4 million, or $1.27 per diluted share for the quarter ended September 30, 2022 and $33.1 million, or $0.80 per diluted share for the quarter ended June 30, 2023. Adjusted net income for the quarter ended September 30, 2023 was $32.6 million, or $0.79 per diluted share, compared to $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022 and $33.7 million, or $0.82 per diluted share for the quarter ended June 30, 2023. The Company also announced that its Board of Directors declar

      10/23/23 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q3 2023 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss third quarter 2023 results on Tuesday, October 24, 2023 at 8:30 am ET. The related press release will be issued Monday, October 23, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroup10242023_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13741490 or by identifying "Independent Bank Group Third Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.co

      10/10/23 4:26:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports Second Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $33.1 million, or $0.80 per diluted share, for the quarter ended June 30, 2023, compared to net income $52.4 million, or $1.25 per diluted share for the quarter ended June 30, 2022 and to net loss of $37.5 million, or $0.91 per diluted share for the quarter ended March 31, 2023. Adjusted net income for the quarter ended June 30, 2023 was $33.7 million, or $0.82 per diluted share, compared to $53.3 million, or $1.27 per diluted share for the quarter ended June 30, 2022 and $44.1 million, or $1.07 per diluted share for the quarter ended March 31, 2023. The Company also announced that its Board of Directors declared a q

      7/24/23 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Announces Date for Q2 2023 Earnings Call

      Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss second quarter 2023 results on Tuesday, July 25, 2023 at 8:30 am ET. The related press release will be issued Monday, July 24, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/independentbankgroup07252023_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13739682 or by identifying "Independent Bank Group Second Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.

      7/10/23 6:14:00 PM ET
      $IBTX
      Major Banks
      Finance
    • Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend

      Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net loss of $37.5 million, or $0.91 per diluted share, for the quarter ended March 31, 2023, which includes the impact of the $100 million legal settlement disclosed on February 27, 2023, that, pending court approval, will resolve all current and potential future claims relating to an inherited receivership litigation. Excluding the legal settlement as well as other non-recurring items, adjusted net income for the quarter ended March 31, 2023, was $44.1 million, or $1.07 per diluted share. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will

      4/24/23 5:00:00 PM ET
      $IBTX
      Major Banks
      Finance