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Independent Bank Group (IBTX)

(Delayed Data from NSDQ)

$39.26 USD

39.26
242,414

-1.56 (-3.82%)

Updated Apr 25, 2024 04:00 PM ET

After-Market: $39.23 -0.03 (-0.08%) 6:16 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 37% (93 out of 251)

Industry: Banks - Southeast

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Balance Sheet

Research for IBTX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Independent Bank Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 722 655 2,612 1,818 571
Receivables 14,559 13,761 12,291 12,978 11,563
Notes Receivable 0 0 0 0 0
Inventories 16 11 32 83 36
Other Current Assets 0 0 0 0 0
Total Current Assets 15,297 14,427 14,935 14,879 12,169
Net Property & Equipment 356 355 308 249 243
Investments & Advances 1,834 1,922 2,028 1,174 1,116
Other Non-Current Assets 9 24 0 0 5
Deferred Charges 93 79 26 4 7
Intangibles 1,045 1,057 1,070 1,082 1,095
Deposits & Other Assets 401 394 366 364 323
Total Assets 19,035 18,258 18,733 17,753 14,958
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 15,723 15,121 15,554 14,399 11,941
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 15,723 15,121 15,554 14,399 11,941
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 676 621 488 741 581
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 233 130 115 98 96
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 16,633 15,873 16,156 15,238 12,618
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,967 1,959 1,946 1,935 1,926
Retained Earnings 617 638 625 544 394
Other Equity -181 -213 5 36 19
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 2,403 2,385 2,577 2,515 2,340
Total Liabilities & Shareholder's Equity 19,035 18,258 18,733 17,753 14,958
Total Common Equity 2,403 2,385 2,577 2,515 2,340
Shares Outstanding 41.20 41.20 42.90 43.20 42.90
Book Value Per Share 58.32 57.90 60.06 58.23 54.54

Fiscal Year End for Independent Bank Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 722 712 903 1,049
Receivables NA 14,559 14,075 13,971 13,860
Notes Receivable NA 0 0 0 0
Inventories NA 16 18 19 17
Other Current Assets NA 0 0 0 0
Total Current Assets NA 15,297 14,805 14,893 14,925
Net Property & Equipment NA 356 356 355 355
Investments & Advances NA 1,834 1,777 1,911 1,967
Other Non-Current Assets NA 9 23 23 23
Deferred Charges NA 93 107 97 91
Intangibles NA 1,045 1,048 1,051 1,054
Deposits & Other Assets NA 401 405 390 383
Total Assets NA 19,035 18,520 18,720 18,798
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 15,723 15,341 14,874 14,056
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 15,723 15,341 14,874 14,056
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 676 601 1,235 2,192
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 246 258 200
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 16,633 16,188 16,367 16,448
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,967 1,965 1,964 1,962
Retained Earnings NA 617 618 601 584
Other Equity NA -181 -251 -213 -195
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 2,403 2,332 2,353 2,351
Total Liabilities & Shareholder's Equity NA 19,035 18,520 18,720 18,798
Total Common Equity 0 2,403 2,332 2,353 2,351
Shares Outstanding 41.20 41.20 41.20 41.20 41.20
Book Value Per Share 0.00 58.32 56.60 57.11 57.06