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Financial Snapshot

Revenue
TTM
$716.0M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$434.0M
Current Assets
Last 4 Quarters
N/A
Current Liabilities
Last 4 Quarters
N/A
Current Ratio
Last 4 Quarters
N/A
Total Assets
2024 Q3
Total Liabilities
2024 Q3
Book Value
2024 Q3
$1.949B
Cash
2024 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$41.94M

Stock Price

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Market Cap: $2.7733 Billion

About Independent Bank Group, Inc.

Independent Bank Group, Inc. is a bank holding company, which engages in the provision of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. The company is headquartered in Mckinney, Texas and currently employs 1,517 full-time employees. The company went IPO on 2013-04-02. The Company, through its subsidiary, Independent Bank, a Texas state-chartered bank, doing business as Independent Financial, provides a range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include commercial real estate loans, interim construction loans, commercial loans to a diversified mix of small and midsized businesses, and loans to professionals, including medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. The company provides a full range of deposit products and services, including a variety of checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, e-statements and bank-by-mail and direct deposit services.

Industry: State Commercial Banks Peers: Atlantic Union Bankshares Corp BankUnited Inc PACWEST BANCORP First Merchants Corp Fulton Financial Corp International Bancshares Corp PNC Financial Services Group Inc Silvergate Capital Corp

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