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Independent Bank Group

Independent Bank Group share price today

(IBTX)

Independent Bank Group share price is $61.55 & ₹5,248.37 as on 27 Dec 2024, 2.30 'hrs' IST

$61.55

▲

0.57

(0.93%)

Market is closed - opens 8 PM, 27 Dec 2024

View live Independent Bank Group share price in Dollar and Rupees. Guide to invest in Independent Bank Group from India. Also see the sentimental analysis on Indian investors investing in Independent Bank Group. Get details on the Indian mutual funds that are investing in Independent Bank Group. Get Analyst recommendations and forecasts along with all the Independent Bank Group's financials.

Independent Bank Group share price movements

Today's Low: $60.09
Today's High: $61.63
$61.55
2.38%
Downside
Day's Volatility :2.51%
Upside
0.13%
52 Weeks Low: $36.47
52 Weeks High: $68.66
$61.55
40.75%
Downside
52 Weeks Volatility :46.88%
Upside
10.36%

Independent Bank Group Returns

Period	Independent Bank Group Inc	Sector (Financials)	Index (Russel 2000)
3 Months	7.51%	8.8%	0.0%
6 Months	33.96%	19.4%	0.0%
1 Year	16.51%	30.7%	0.0%
3 Years	-15.91%	26.2%	-21.1%

Independent Bank Group Key Statistics

in dollars & INR

Previous Close	$60.98
Open	$60.44
Today's High	$61.63
Today's Low	$60.085
Market Capitalization	$2.5B
Today's Volume	$57.1K
52 Week High	$68.66
52 Week Low	$36.47
Revenue TTM	$466.7M
Earnings Per Share (EPS)	$-10.5
Dividend Yield	2.52%
Profit Margin	-92.99%
Quarterly Earnings Growth YOY	-0.38%
Return On Equity TTM	-20.28%

How to invest in Independent Bank Group from India?

It is very easy for Indian residents to invest directly in Independent Bank Group from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Independent Bank Group stock in both Indian Rupees (INR) and US Dollars (USD). Search for Independent Bank Group or IBTX on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Independent Bank Group or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Independent Bank Group shares which would translate to 0.014 fractional shares of Independent Bank Group as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Independent Bank Group, in just a few clicks!

Returns in Independent Bank Group for Indian investors in Rupees

Investment Value

₹1,00,000

Independent Bank Group investment value today

Current value as on today

₹1,19,922

Returns

₹19,922

(+19.92%)

Returns from Independent Bank Group Stock

₹17,596 (+17.6%)

Dollar Returns

₹2,325 (+2.33%)

Indian investors sentiment towards Independent Bank Group

-25%

Period: Sep 27, 2024 to Dec 26, 2024. Change in 30 Days versus previous period

Search volume for Independent Bank Group on INDmoney from India has reduced in the last 30 days as on Dec 27, 2024. -25% less investors are searching Independent Bank Group in the last 30 days versus the previous period.

Global Institutional Holdings in Independent Bank Group

BlackRock Inc
13.62%
Vanguard Group Inc
9.96%
FMR Inc
8.99%
Dimensional Fund Advisors, Inc.
5.85%
State Street Corp
4.64%
Macquarie Group Ltd
2.65%

Analyst Recommendation on Independent Bank Group

Buy

69%Buy

23%Hold

7%Sell

Based on 13 Wall street analysts offering stock ratings for Independent Bank Group(by analysts ranked 0 to 5 stars)

Based on 13 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Independent Bank Group

What analysts predicted

Downside of 5.44%

Current:

$61.55

Target:

$58.20

Insights on Independent Bank Group

Price Movement
In the last 6 months, IBTX stock has moved up by 39.0%
Decreasing Revenue
Revenue is down for the last 2 quarters, 254.82M → 120.30M (in $), with an average decrease of 52.8% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -491.27M → 20.43M (in $), with an average increase of 2503.8% per quarter
IBTX vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 44.8% return, outperforming this stock by 28.7%
IBTX vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 88.4% return, outperforming this stock by 103.4%
Price to Sales
ForIBTX every $1 of sales, investors are willing to pay $5.4, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Independent Bank Group Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$368.4M	↑ 21.22%
Net Income	$128.3M	↑ 67.63%
Net Profit Margin	34.82%	↑ 9.64%

	FY19	Y/Y Change
Revenue	$580.7M	↑ 57.63%
Net Income	$192.7M	↑ 50.27%
Net Profit Margin	33.19%	↓ 1.63%

	FY20	Y/Y Change
Revenue	$601.1M	↑ 3.53%
Net Income	$201.2M	↑ 4.4%
Net Profit Margin	33.47%	↑ 0.28%

	FY21	Y/Y Change
Revenue	$587.1M	↓ 2.33%
Net Income	$224.8M	↑ 11.7%
Net Profit Margin	38.28%	↑ 4.81%

	FY22	Y/Y Change
Revenue	$610.2M	↑ 3.92%
Net Income	$196.3M	↓ 12.66%
Net Profit Margin	32.17%	↓ 6.11%

	FY23	Y/Y Change
Revenue	$507.7M	↓ 16.8%
Net Income	$43.2M	↓ 77.99%
Net Profit Margin	8.51%	↓ 23.66%

	Q2 FY23	Q/Q Change
Revenue	$127.3M	↓ 9.44%
Net Income	$33.1M	↓ 188.18%
Net Profit Margin	25.97%	↑ 52.64%

	Q3 FY23	Q/Q Change
Revenue	$122.8M	↓ 3.61%
Net Income	$32.8M	↓ 0.91%
Net Profit Margin	26.7%	↑ 0.73%

	Q4 FY23	Q/Q Change
Revenue	$243.2M	↑ 98.11%
Net Income	$14.9M	↓ 54.66%
Net Profit Margin	6.11%	↓ 20.59%

	Q1 FY24	Q/Q Change
Revenue	$250.2M	↑ 2.9%
Net Income	$24.2M	↑ 62.53%
Net Profit Margin	9.65%	↑ 3.54%

	Q2 FY24	Q/Q Change
Revenue	$254.8M	↑ 1.83%
Net Income	$-491.3M	↓ 2134.25%
Net Profit Margin	-192.79%	↓ 202.44%

	Q3 FY24	Q/Q Change
Revenue	$120.3M	↓ 52.79%
Net Income	$20.4M	↓ 104.16%
Net Profit Margin	16.99%	↑ 209.78%

	FY18	Y/Y Change
Profit	$368.4M	↑ 21.22%

	FY19	Y/Y Change
Profit	$580.7M	↑ 57.63%

	FY20	Y/Y Change
Profit	$601.1M	↑ 3.53%

	FY21	Y/Y Change
Profit	$587.1M	↓ 2.33%

	FY22	Y/Y Change
Profit	$610.2M	↑ 3.92%

	FY23	Y/Y Change
Profit	$507.7M	↓ 16.8%

	Q2 FY23	Q/Q Change
Profit	$215.3M	↑ 53.09%

	Q3 FY23	Q/Q Change
Profit	$122.8M	↓ 42.98%

	Q4 FY23	Q/Q Change
Profit	$155.2M	↑ 26.47%

	Q1 FY24	Q/Q Change
Profit	$119.1M	↓ 23.28%

	Q2 FY24	Q/Q Change
Profit	$252.6M	↑ 112.06%

	Q3 FY24	Q/Q Change
Profit	$255.0M	↑ 0.98%

	FY18	Y/Y Change
Operating Cash Flow	$158.7M	↑ 91.73%
Investing Cash Flow	$-656.7M	↓ 0.85%
Financing Cash Flow	$197.6M	↓ 60.91%

	FY19	Y/Y Change
Operating Cash Flow	$173.3M	↑ 9.18%
Investing Cash Flow	$-674.0M	↑ 2.63%
Financing Cash Flow	$935.1M	↑ 373.11%

	FY20	Y/Y Change
Operating Cash Flow	$154.3M	↓ 10.98%
Investing Cash Flow	$-1.5B	↑ 118.31%
Financing Cash Flow	$2.6B	↑ 174.41%

	FY21	Y/Y Change
Operating Cash Flow	$277.4M	↑ 79.81%
Investing Cash Flow	$-294.5M	↓ 79.99%
Financing Cash Flow	$811.5M	↓ 68.37%

	FY22	Y/Y Change
Operating Cash Flow	$217.2M	↓ 21.7%
Investing Cash Flow	$-1.7B	↑ 473.46%
Financing Cash Flow	$-482.7M	↓ 159.49%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$69.0M	↑ 144.24%
Investing Cash Flow	$-59.3M	↓ 50.97%
Financing Cash Flow	$-155.4M	↓ 131.91%

Independent Bank Group Technicals Summary

Sell

Neutral

Buy

Independent Bank Group is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Independent Bank Group Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Independent Bank Group Inc	-9.34%	33.96%	16.51%	-15.91%	10.17%
Icici Bank Ltd.	-1.58%	5.94%	26.01%	56.19%	101.72%
Pnc Financial Services Group, Inc.	-9.39%	24.83%	24.71%	-3.52%	21.28%
U.s. Bancorp	-9.0%	23.0%	11.92%	-13.96%	-17.48%
Truist Financial Corp	-7.78%	13.23%	17.97%	-25.06%	-22.03%
Mizuho Financial Group, Inc.	-0.2%	15.37%	41.04%	91.37%	57.93%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Independent Bank Group Inc	21.79	NA	1.81	2.49	-0.2	-0.02	0.03	47.03
Icici Bank Ltd.	19.69	19.69	0.0	1.36	0.19	0.02	0.01	397.44
Pnc Financial Services Group, Inc.	16.39	16.39	1.91	13.41	0.1	0.01	0.03	124.56
U.s. Bancorp	15.02	15.02	1.18	3.91	0.1	0.01	0.04	33.35
Truist Financial Corp	8.99	NA	1.94	3.69	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	11.62	11.62	1.07	1.14	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Independent Bank Group Inc	Buy	$2.5B	10.17%	21.79	-92.99%
Icici Bank Ltd.	Buy	$107.7B	101.72%	19.69	28.91%
Pnc Financial Services Group, Inc.	Buy	$77.0B	21.28%	16.39	25.11%
U.s. Bancorp	Hold	$76.2B	-17.48%	15.02	22.02%
Truist Financial Corp	Buy	$57.8B	-22.03%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$61.7B	57.93%	11.62	21.91%

Independent Bank Group Dividend announcements

Independent Bank Group Dividends December, 2024
In the quarter ending December,2024. Independent Bank Group has declared dividend of $0.38
Read More

About Independent Bank Group

at independent bank (nasdaq: ibtx), we offer a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses owners, professionals, community organizations, working families and individuals. we operate banking offices across texas, covering the dallas, waco, austin and houston metro areas. in 2014, our first full year as a public company, independent bank achieved record earnings and essentially doubled in size - to $4.1 billion in assets. awards and honors span fiscal performance, innovation, workplaces and culture. we are perennially recognized in dallas among the “best places to work.” clearly our success is hinged upon the strength of our talented workforce. independent bank has a long history of giving back. we strive to effect meaningful change through charitable grants, employee volunteer programs and matching donations. we hope to continue fueling economic development through job creation, and provide our employees with

Organization	Independent Bank Group
Employees	1517
CEO	Mr. David R. Brooks
Industry	Finance

Management People of Independent Bank Group

Name	Title
Mr. David R. Brooks	Chairman of the Board & CEO
Mr. Michael B. Hobbs	President & COO
Mr. Paul B. Langdale	Executive VP & CFO
Mr. John G. Turpen	Executive VP & Chief Risk Officer
Brenda K. Montgomery	Chief Accounting Officer
Mr. Bill Wade	EVP & Chief Information Officer
Mr. James P. Tippit	Executive Vice President of Corporate Responsibility
Ms. Leslie Beseda	Senior VP & Director of Financial Reporting
Mr. Charles Cartwright	Senior Vice President SBA Business Development Officer
Mr. Daniel App	EVP & Head of Operations

Important FAQs about investing in Independent Bank Group from India :

What is Independent Bank Group share price today?

Independent Bank Group share price today stands at $61.55, Open: $60.44 ; Previous Close: $60.98 ; High: $61.63 ; Low: $60.09 ; 52 Week High: $68.66 ; 52 Week Low: $36.47. The stock opens at $60.44, after a previous close of $60.98. The stock reached a daily high of $61.63 and a low of $60.09, with a 52-week high of $68.66 and a 52-week low of $36.47.

Can Indians buy Independent Bank Group shares?

Yes, Indians can invest in the Independent Bank Group (IBTX) from India.

With INDmoney, you can buy Independent Bank Group at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Independent Bank Group at zero transaction cost.

How can I buy Independent Bank Group shares from India?

It is very easy to buy Independent Bank Group from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Independent Bank Group be purchased?

Yes, you can buy fractional shares of Independent Bank Group with INDmoney app.

What are the documents required to start investing in Independent Bank Group stocks?

To start investing in Independent Bank Group, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.