Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend
Independent Bank Group, Inc (IBTX)
Last independent bank group, inc earnings: 4/27 05:00 pm
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US:NASDAQ Investor Relations:
independentbankgroup.gcs-web.com/investor-relations
Company Research
Source: Business Wire
MCKINNEY, Texas--(BUSINESS WIRE)--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 declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on November 14, 2024 to stockholders of record as of the close of business on October 31, 2024.HighlightsNet interest margin expanded by 3 basis points to 2.50%Loan
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IBTX
News
- Independent Bank Group, Inc. (NASDAQ: IBTX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Independent Bank Group, Inc. (NASDAQ: IBTX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Independent Bank Group, Inc. (NASDAQ: IBTX) had its price target raised by analysts at Keefe, Bruyette & Woods from $69.00 to $72.00. They now have an "outperform" rating on the stock.MarketBeat
- Independent Bank Group, Inc. (NASDAQ: IBTX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Independent Bank Group, Inc. (NASDAQ: IBTX) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
IBTX
Earnings
- 10/21/24 - Miss
IBTX
Sec Filings
- 10/23/24 - Form 4
- 10/22/24 - Form 10-Q
- 10/22/24 - Form 8-K
- IBTX's page on the SEC website