Independent Bank Group (IBTX) Competitors

$43.94
+0.76 (+1.76%)
(As of 05/17/2024 ET)

IBTX vs. RNST, TFIN, OFG, BANR, LOB, FBK, LKFN, HTLF, CUBI, and EFSC

Should you be buying Independent Bank Group stock or one of its competitors? The main competitors of Independent Bank Group include Renasant (RNST), Triumph Financial (TFIN), OFG Bancorp (OFG), Banner (BANR), Live Oak Bancshares (LOB), FB Financial (FBK), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), Customers Bancorp (CUBI), and Enterprise Financial Services (EFSC). These companies are all part of the "state commercial banks" industry.

Independent Bank Group vs.

Independent Bank Group (NASDAQ:IBTX) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, media sentiment, valuation, community ranking and institutional ownership.

77.9% of Independent Bank Group shares are held by institutional investors. Comparatively, 77.3% of Renasant shares are held by institutional investors. 3.4% of Independent Bank Group shares are held by company insiders. Comparatively, 2.8% of Renasant shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Independent Bank Group has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.

Renasant has higher revenue and earnings than Independent Bank Group. Renasant is trading at a lower price-to-earnings ratio than Independent Bank Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank Group$482.94M3.76$43.20M$2.5317.37
Renasant$910.39M1.92$144.68M$2.4612.58

In the previous week, Independent Bank Group and Independent Bank Group both had 1 articles in the media. Independent Bank Group's average media sentiment score of 1.59 beat Renasant's score of 1.05 indicating that Independent Bank Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Renasant
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Renasant received 78 more outperform votes than Independent Bank Group when rated by MarketBeat users. Likewise, 57.69% of users gave Renasant an outperform vote while only 53.96% of users gave Independent Bank Group an outperform vote.

CompanyUnderperformOutperform
Independent Bank GroupOutperform Votes
286
53.96%
Underperform Votes
244
46.04%
RenasantOutperform Votes
364
57.69%
Underperform Votes
267
42.31%

Renasant has a net margin of 14.67% compared to Independent Bank Group's net margin of 10.96%. Renasant's return on equity of 7.44% beat Independent Bank Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank Group10.96% 4.97% 0.63%
Renasant 14.67%7.44%0.98%

Independent Bank Group pays an annual dividend of $1.52 per share and has a dividend yield of 3.5%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 2.8%. Independent Bank Group pays out 60.1% of its earnings in the form of a dividend. Renasant pays out 35.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Independent Bank Group presently has a consensus target price of $48.33, suggesting a potential upside of 10.00%. Renasant has a consensus target price of $33.00, suggesting a potential upside of 6.62%. Given Independent Bank Group's stronger consensus rating and higher possible upside, analysts clearly believe Independent Bank Group is more favorable than Renasant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank Group
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50
Renasant
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Independent Bank Group beats Renasant on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IBTX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IBTX vs. The Competition

MetricIndependent Bank GroupState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.82B$2.34B$9.73B$7.96B
Dividend Yield3.52%4.19%6.42%3.91%
P/E Ratio17.3712.2946.9615.87
Price / Sales3.762.083,585.3878.01
Price / Cash10.228.7328.8631.98
Price / Book0.761.053.304.76
Net Income$43.20M$398.78M$1.01B$217.17M
7 Day Performance2.88%1.75%1.67%2.90%
1 Month Performance9.52%8.06%5.34%6.57%
1 Year Performance28.07%21.30%17.59%10.17%

Independent Bank Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNST
Renasant
1.5688 of 5 stars
$30.23
-0.4%
$33.00
+9.2%
+17.5%$1.70B$910.39M12.292,300Positive News
TFIN
Triumph Financial
0.6256 of 5 stars
$73.35
+0.5%
$65.40
-10.8%
+44.4%$1.70B$414.14M55.991,468Insider Selling
OFG
OFG Bancorp
2.1433 of 5 stars
$37.77
-0.6%
$40.00
+5.9%
+51.5%$1.78B$770.73M9.662,248Positive News
BANR
Banner
2.4955 of 5 stars
$46.23
-0.2%
$51.20
+10.8%
-0.2%$1.59B$745.98M9.611,966News Coverage
LOB
Live Oak Bancshares
2.9708 of 5 stars
$35.25
-0.6%
$38.00
+7.8%
+56.6%$1.58B$800.01M17.71943Gap Up
FBK
FB Financial
4.0457 of 5 stars
$38.32
-1.2%
$39.43
+2.9%
+41.3%$1.80B$748.95M16.101,591News Coverage
LKFN
Lakeland Financial
2.5747 of 5 stars
$61.33
-0.8%
$74.00
+20.7%
+34.0%$1.56B$393.12M16.94628
HTLF
Heartland Financial USA
4.2007 of 5 stars
$43.59
-0.1%
$45.00
+3.2%
+58.3%$1.86B$932.87M26.261,970Dividend Announcement
Analyst Forecast
Short Interest ↑
CUBI
Customers Bancorp
3.3494 of 5 stars
$47.53
-1.8%
$61.50
+29.4%
+121.4%$1.50B$1.44B6.64711Short Interest ↑
EFSC
Enterprise Financial Services
4.4527 of 5 stars
$39.50
-0.7%
$47.00
+19.0%
+2.6%$1.48B$833.64M8.461,221Short Interest ↑
Positive News

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This page (NASDAQ:IBTX) was last updated on 5/18/2024 by MarketBeat.com Staff

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