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Independent Bank Group Q1 2024 Earnings Report

Independent Bank Group logo
$60.67 +0.28 (+0.46%)
As of 12/31/2024

Independent Bank Group EPS Results

Actual EPS
$0.63
Consensus EPS
$0.57
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$1.07

Independent Bank Group Revenue Results

Actual Revenue
$119.10 million
Expected Revenue
$121.39 million
Beat/Miss
Missed by -$2.29 million
YoY Revenue Growth
-15.30%

Independent Bank Group Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Independent Bank Group Earnings Headlines

SouthState Closes Merger with Independent Financial
A new coin is elbowing its way to the top of the crypto world
With Donald Trump’s return to the oval office, the war on crypto is over. The digital currency is not only set to be released from its constraints … it could be about to explode. Trump has vowed to roll back Biden’s “crusade against crypto” on his first day in office.
Acadia to replace Independent Bank in S&P 600 at open on 1/3
$2B buyout of Independent Bank OK'd by regulators
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About Independent Bank Group

Independent Bank Group (NASDAQ:IBTX), through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, such as SBA guaranteed loans, business term loans, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit and credit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; wealth management services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. The company was incorporated in 2002 and is headquartered in McKinney, Texas.

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