Financials Independent Bank Group, Inc.

Equities

IBTX

US45384B1061

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
39.34 USD +0.20% Intraday chart for Independent Bank Group, Inc. -5.43% -22.68%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,381 2,704 3,098 2,475 2,100 1,628 -
Enterprise Value (EV) 1 2,381 2,704 3,098 2,475 2,100 1,628 1,628
P/E ratio 12.4 x 13.4 x 13.8 x 12.8 x 48.9 x 15.1 x 10 x
Yield 1.8% 1.68% 1.83% 2.53% 2.99% 3.89% 3.94%
Capitalization / Revenue 4.09 x 4.5 x 5.24 x 4.03 x 4.1 x 3.27 x 2.74 x
EV / Revenue 4.09 x 4.5 x 5.24 x 4.03 x 4.1 x 3.27 x 2.74 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.02 x 1.07 x 1.2 x 1.04 x 0.87 x 0.66 x 0.63 x
Nbr of stocks (in thousands) 42,952 43,248 42,936 41,196 41,283 41,379 -
Reference price 2 55.44 62.52 72.15 60.08 50.88 39.34 39.34
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 582.9 601.5 590.8 614.1 512.2 497.5 594.8
EBITDA - - - - - - -
EBIT 1 261.1 295.4 274.9 270 177.7 151.9 235.8
Operating Margin 44.79% 49.11% 46.53% 43.97% 34.7% 30.53% 39.64%
Earnings before Tax (EBT) 1 246.3 252.4 282.2 246.3 52.32 138 206.6
Net income 1 192.7 201.2 224.8 196.3 43.2 108.4 163.3
Net margin 33.06% 33.45% 38.04% 31.96% 8.43% 21.79% 27.46%
EPS 2 4.470 4.670 5.210 4.700 1.040 2.613 3.934
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 1.000 1.050 1.320 1.520 1.520 1.529 1.551
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 148.8 144 153 161.9 154.1 141.7 128.7 123.7 118 115.9 120.5 127 133.5 137.4 146
EBITDA - - - - - - - - - - - - - - -
EBIT 1 68.67 61.58 67.14 72.05 65.76 56.86 42.83 41.39 34.24 29.87 34.59 40.64 46.5 48.16 56.26
Operating Margin 46.16% 42.75% 43.89% 44.49% 42.68% 40.13% 33.27% 33.45% 29.02% 25.77% 28.71% 31.99% 34.82% 35.04% 38.54%
Earnings before Tax (EBT) 1 67.83 63.02 65.95 65.92 51.41 -48.79 41.78 41.02 18.31 30.63 30.57 35.35 40.54 40.61 49.13
Net income 1 54.19 50.74 52.36 52.44 40.75 -37.51 33.08 32.78 14.86 24.15 24.11 27.94 32.04 32.12 38.84
Net margin 36.42% 35.23% 34.22% 32.38% 26.45% -26.47% 25.69% 26.49% 12.59% 20.84% 20.01% 21.99% 23.99% 23.37% 26.61%
EPS 2 1.260 1.180 1.250 1.270 0.9900 -0.9100 0.8000 0.7900 0.3600 0.5800 0.5814 0.6743 0.7714 0.7717 0.9317
Dividend per Share 2 0.3600 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 0.3800 - 0.3800 0.3829 0.3857 0.3880 0.3880
Announcement Date 1/24/22 4/25/22 7/25/22 10/24/22 1/23/23 4/24/23 7/24/23 10/23/23 1/22/24 4/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 11.1% 8.62% 8.87% 8.45% 5.76% 4.52% 6.48%
ROA (Net income/ Total Assets) 1.77% 1.28% 1.24% 1.13% 0.73% 0.57% 0.83%
Assets 1 10,888 15,719 18,151 17,309 5,918 18,879 19,778
Book Value Per Share 2 54.50 58.30 60.30 57.90 58.20 59.20 62.00
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/27/20 2/2/21 1/24/22 1/23/23 1/22/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
39.34 USD
Average target price
46 USD
Spread / Average Target
+16.93%
Consensus
  1. Stock Market
  2. Equities
  3. IBTX Stock
  4. Financials Independent Bank Group, Inc.