Independent Financial Overview
- Year Founded
-
2002
- Status
-
Public
- Employees
-
1,517
- Stock Symbol
-
IBTX
- Investments
-
13
- Share Price
-
$60.99
- (As of Thursday Closing)
Independent Financial General Information
Description
Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The Company derives its income principally from interest earned on loans and, to a lesser extent, income from securities available for sale and securities held to maturity. The Company also derives income from noninterest sources, such as fees received in connection with various deposit services, mortgage banking operations and investment advisory services.
Contact Information
Website
www.independent-bank.comCorporate Office
- PO Box 3035
- McKinney, TX 75070
- United States
Corporate Office
- PO Box 3035
- McKinney, TX 75070
- United States
Independent Financial Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $60.99 | $59.48 | $34.50 - $61.76 | $2.53B | 41.4M | 193K | -$10.20 |
Independent Financial Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| Revenue | 474,185 | 507,669 | 610,168 | 587,143 |
| Net Income | (421,671) | 43,201 | 196,291 | 224,750 |
| Total Assets | 18,359,162 | 19,035,102 | 18,258,414 | 18,732,648 |
| Total Debt | 16,324,522 | 16,399,473 | 15,742,902 | 16,041,500 |
Independent Financial Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Independent Financial Comparisons
Industry
Financing
Details
00000
000000
Independent Financial Competitors (21)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| First Bancorp (North Carolina) | Corporation | Southern Pines, NC | 0000 | 000.00 | 000000000 | 000.00 |
| Benchmark Bank (Plano) | Corporation | Plano, TX | 000 | |||
| State Bank of Texas | Corporation | Dallas, TX | 00 | |||
| Citizens Trust Bank | Corporation | Atlanta, GA | 000 | 0&0 | ||
| Amegy Bank of Texas | Corporate Backed or Acquired | Houston, TX | 0000 | 000000&0 |
Independent Financial Executive Team (15)
| Name | Title | Board Seat |
|---|---|---|
| David Brooks | President, Chief Executive Officer & Chairman | |
| Michael Hobbs | President & Chief Operating Officer | |
| Paul Langdale | Chief Financial Officer, Finance & Executive Vice President | |
| Wendi Costlow | Chief Marketing Officer & Executive Vice President | |
| John Turpen | Chief Risk Officer & Executive Vice President |
Independent Financial Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000 000000 | Self | Board Member | 000 0000 |
| 000000 000000 | Self | Vice Chairman and Director | 000 0000 |
| 00000 000000 | Independent Financial | President, Chief Executive Officer & Chairman | 000 0000 |
| 00000 0000000000 | Self | Board Member | 000 0000 |
| 0000000 00000 | Self | Board Member | 000 0000 |
Independent Financial Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Independent Financial Acquisitions (13)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Guaranty Bank & Trust Company | 02-Jan-2019 | 0000000000 | 00000 | Regional Banks | 00000 000 |
| Integrity Bancshares | 01-Jun-2018 | 0000000000 | 00000 | Regional Banks | 00000000 |
| Integrity Bank | 01-Jun-2018 | 0000000000 | 00000 | Regional Banks | 00000 000 |
| Carlile Bancshares | 03-Apr-2017 | 0000000000 | 00000 | National Banks | 00000 000 |
| Grand Bank (Dallas) | 01-Nov-2015 | Merger/Acquisition | 000.00 | National Banks | 00000 000 |
Independent Financial Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| BOH Holdings | Regional Banks | Houston, TX | 0000 |
Independent Financial ESG
Risk Overview
Risk Rating
Updated December, 21, 2023
28.97 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Banks
Industry
00 of 1,037
Rank
Percentile
Regional Banks
Subindustry
00 of 546
Rank
Percentile
Independent Financial FAQs
-
When was Independent Financial founded?
Independent Financial was founded in 2002.
-
Who is the CEO of Independent Financial?
David Brooks is the CEO of Independent Financial.
-
Where is Independent Financial headquartered?
Independent Financial is headquartered in McKinney, TX.
-
What is the size of Independent Financial?
Independent Financial has 1,517 total employees.
-
What industry is Independent Financial in?
Independent Financial’s primary industry is Regional Banks.
-
Is Independent Financial a private or public company?
Independent Financial is a Public company.
-
What is Independent Financial’s stock symbol?
The ticker symbol for Independent Financial is IBTX.
-
What is the current stock price of Independent Financial?
As of 19-Sep-2024 the stock price of Independent Financial is $60.99.
-
What is the current market cap of Independent Financial?
The current market capitalization of Independent Financial is $2.53B.
-
What is Independent Financial’s current revenue?
The trailing twelve month revenue for Independent Financial is $474M.
-
Who are Independent Financial’s competitors?
First Bancorp (North Carolina), Benchmark Bank (Plano), State Bank of Texas, Citizens Trust Bank, and Amegy Bank of Texas are some of the 21 competitors of Independent Financial.
-
What is Independent Financial’s annual earnings per share (EPS)?
Independent Financial’s EPS for 12 months was -$10.20.
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