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NASDAQ: IBTX
Independent Bank Group Inc Stock

$56.79-0.56 (-0.98%)
Updated Oct 7, 2024
IBTX Price
$56.79
Fair Value Price
$123.97
Market Cap
$2.35B
52 Week Low
$34.50
52 Week High
$61.76
P/E
-5.57x
P/B
1.24x
P/S
3.98x
PEG
N/A
Dividend Yield
2.68%
Revenue
$473.48M
Earnings
-$421.67M
Gross Margin
100%
Operating Margin
-84.14%
Profit Margin
-89.1%
Debt to Equity
8.68
Operating Cash Flow
$35M
Beta
1.22
Next Earnings
Oct 21, 2024
Ex-Dividend
N/A
Next Dividend
N/A

IBTX Overview

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.

Zen Score

Industry Average (31)
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Due Diligence Checks

IBTX ($56.79) is undervalued by 54.19% relative to our estimate of its Fair Value price of $123.97 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
IBTX ($56.79) is significantly undervalued by 54.19% relative to our estimate of its Fair Value price of $123.97 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
IBTX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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IBTX News

Valuation

IBTX fair value

Fair Value of IBTX stock based on Discounted Cash Flow (DCF)
Price
$56.79
Fair Value
$123.97
Undervalued by
54.19%
IBTX ($56.79) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IBTX ($56.79) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IBTX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IBTX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-5.57x
Industry
11.91x
Market
26.63x

IBTX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.24x
Industry
1.11x
IBTX is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IBTX's financial health

Profit margin

Revenue
$118.6M
Net Income
-$493.5M
Profit Margin
-416.1%
IBTX's Earnings (EBIT) of -$398.37M... subscribe to Premium to read more.
Interest Coverage Financials
IBTX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$18.4B
Liabilities
$16.5B
Debt to equity
8.68
IBTX's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
IBTX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$71.5M
Investing
$27.1M
Financing
$85.2M
IBTX's operating cash flow ($34.78M)... subscribe to Premium to read more.
Debt Coverage Financials

IBTX vs Bank Stocks

TickerMarket Cap1d %P/EP/B
IBTX$2.35B-0.98%-5.57x1.24x
PPBI$2.35B-0.85%-812.67x0.80x
PFS$2.34B+0.56%16.76x0.92x
FFBC$2.31B-0.37%9.88x0.99x
HTLF$2.41B+0.52%39.56x1.19x

Independent Bank Group Stock FAQ

What is Independent Bank Group's quote symbol?

(NASDAQ: IBTX) Independent Bank Group trades on the NASDAQ under the ticker symbol IBTX. Independent Bank Group stock quotes can also be displayed as NASDAQ: IBTX.

If you're new to stock investing, here's how to buy Independent Bank Group stock.

What is the 52 week high and low for Independent Bank Group (NASDAQ: IBTX)?

(NASDAQ: IBTX) Independent Bank Group's 52-week high was $61.76, and its 52-week low was $34.50. It is currently -8.05% from its 52-week high and 64.61% from its 52-week low.

How much is Independent Bank Group stock worth today?

(NASDAQ: IBTX) Independent Bank Group currently has 41,442,212 outstanding shares. With Independent Bank Group stock trading at $56.79 per share, the total value of Independent Bank Group stock (market capitalization) is $2.35B.

Independent Bank Group stock was originally listed at a price of $28.80 in Apr 4, 2013. If you had invested in Independent Bank Group stock at $28.80, your return over the last 11 years would have been 97.19%, for an annualized return of 6.37% (not including any dividends or dividend reinvestments).

How much is Independent Bank Group's stock price per share?

(NASDAQ: IBTX) Independent Bank Group stock price per share is $56.79 today (as of Oct 7, 2024).

What is Independent Bank Group's Market Cap?

(NASDAQ: IBTX) Independent Bank Group's market cap is $2.35B, as of Oct 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Independent Bank Group's market cap is calculated by multiplying IBTX's current stock price of $56.79 by IBTX's total outstanding shares of 41,442,212.
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