Company Quick10K Filing
Independent Bank Group
10-Q 2020-03-31 Filed 2020-05-01
10-K 2019-12-31 Filed 2020-03-02
10-Q 2019-09-30 Filed 2019-10-24
10-Q 2019-06-30 Filed 2019-07-25
10-Q 2019-03-31 Filed 2019-04-25
10-K 2018-12-31 Filed 2019-02-28
10-Q 2018-09-30 Filed 2018-10-25
10-Q 2018-06-30 Filed 2018-07-26
10-Q 2018-03-31 Filed 2018-04-26
10-K 2017-12-31 Filed 2018-02-27
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-27
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-03-08
10-Q 2016-09-30 Filed 2016-10-27
10-Q 2016-06-30 Filed 2016-07-27
10-Q 2016-03-31 Filed 2016-04-27
10-K 2015-12-31 Filed 2016-02-25
10-Q 2015-09-30 Filed 2015-10-30
10-Q 2015-06-30 Filed 2015-07-31
10-Q 2015-03-31 Filed 2015-05-01
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-04
10-Q 2014-06-30 Filed 2014-08-11
10-Q 2014-03-31 Filed 2014-05-05
10-K 2013-12-31 Filed 2014-03-27
10-Q 2013-09-30 Filed 2013-11-05
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-15
8-K 2020-04-29 Other Events, Exhibits
8-K 2020-04-27 Earnings, Regulation FD, Exhibits
8-K 2020-02-03 Other Events, Exhibits
8-K 2020-01-29 Other Events, Exhibits
8-K 2020-01-27 Earnings, Regulation FD, Exhibits
8-K 2020-01-21 Other Events, Exhibits
8-K 2019-12-09 Enter Agreement, Officers, Exhibits
8-K 2019-12-09 Other Events, Exhibits
8-K 2019-11-11 Officers, Exhibits
8-K 2019-11-05 Regulation FD, Exhibits
8-K 2019-10-23 Other Events, Exhibits
8-K 2019-10-21 Earnings, Regulation FD, Exhibits
8-K 2019-08-07 Regulation FD, Exhibits
8-K 2019-07-25 Officers, Exhibits
8-K 2019-07-24 Other Events, Exhibits
8-K 2019-07-22 Earnings, Regulation FD, Exhibits
8-K 2019-05-23 Shareholder Rights, Shareholder Vote, Exhibits
8-K 2019-05-15 Regulation FD, Exhibits
8-K 2019-05-13 Officers
8-K 2019-04-24 Other Events, Exhibits
8-K 2019-04-23 Other Events, Exhibits
8-K 2019-04-22 Earnings, Regulation FD, Exhibits
8-K 2019-01-30 Regulation FD, Exhibits
8-K 2019-01-30 Other Events, Exhibits
8-K 2019-01-28 Earnings, Regulation FD, Exhibits
8-K 2019-01-17 Enter Agreement, Exhibits
8-K 2019-01-01 M&A, Officers, Other Events, Exhibits
8-K 2018-12-27 Other Events, Exhibits
8-K 2018-12-17 Other Events, Exhibits
8-K 2018-11-07 Regulation FD, Exhibits
8-K 2018-10-24 Other Events, Exhibits
8-K 2018-10-23 Earnings, Regulation FD, Exhibits
8-K 2018-09-24 Shareholder Vote
8-K 2018-07-31 Regulation FD, Exhibits
8-K 2018-07-25 Other Events, Exhibits
8-K 2018-07-23 Earnings, Regulation FD, Exhibits
8-K 2018-06-07 Regulation FD, Exhibits
8-K 2018-06-01 M&A, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-05-22 Enter Agreement, Regulation FD, Exhibits
8-K 2018-05-21 Regulation FD, Exhibits
8-K 2018-04-25 Other Events, Exhibits
8-K 2018-04-23 Earnings, Regulation FD, Exhibits
8-K 2018-03-16 Officers, Regulation FD, Exhibits
8-K 2018-02-01 Regulation FD, Exhibits
8-K 2018-01-31 Other Events, Exhibits
8-K 2018-01-29 Earnings, Regulation FD, Exhibits
8-K 2018-01-17 Enter Agreement, Regulation FD, Exhibits
8-K 2018-01-08 Regulation FD, Exhibits

Independent Bank Group Financials

IBTX Metrics, Comps, Filings

Quarterly | Annual

Business

Independent Bank Group, Inc. (the "Company") is a registered bank holding company headquartered in McKinney, Texas, which is located in the northern portion of the Dallas-Fort Worth metropolitan area. The Company was organized as a Texas corporation on September 20, 2002. Through the Company's wholly owned subsidiary, Independent Bank, a Texas state chartered bank, the Company provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. The Company operates through its branch banking offices in the Dallas/North Texas area, including McKinney, Dallas, Fort Worth, and Sherman/Denison, the Austin/Central Texas area, including Austin and Waco, the Houston Texas metropolitan area and along the Colorado Front Range area, including Denver, Colorado Springs and Fort Collins. As of December 31, 2018, the Company had consolidated total assets of approximately $9.8 billion, total loans of approximately $7.8 billion, total deposits of approximately $7.7 billion and total stockholders' equity of approximately $1.6 billion.

The Company's primary function is to own all of the stock of Independent Bank. Independent Bank is a locally managed community bank that seeks to provide personal attention and professional assistance to its customer base, which consists principally of small to medium sized businesses, professionals and individuals. Independent Bank's philosophy includes offering direct access to its officers and personnel, providing friendly, informed and courteous service, local and timely decision making, flexible and reasonable operating procedures, and consistently applied credit policies.

The Company's common stock is traded on the Nasdaq Global Select Market under the symbol "IBTX".


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
First Interstate Bancsystem (FIBK) 2,639 5.4 1% 14,702 12,719 0 0 129 256 1,370
International Bancshares (IBOC) 2,552 9.5 1% 11,966 9,898 0 0 153 239 2,266
Independent Bank (INDB) 2,534 10.2 1% 11,539 9,856 0 0 148 256 2,609
Simmons First National (SFNC) 2,474 8.5 1% 17,759 15,211 0 0 185 397 3,396
First Financial Bancorp (FFBC) 2,442 9.8 1% 14,480 12,219 0 0 149 300 2,941
WSFS Financial (WSFS) 2,356 0% 7.3 1% 12,273 10,416 530 0 133 243 1,776
Hilltop Holdings (HTH) 2,296 4.2 1% 14,837 12,754 0 0 211 444 1,886
Cadence Bancorporation (CADE) 2,273 3.2 1% 17,856 15,380 0 0 183 457 1,444
Independent Bank Group (IBTX) 2,248 5.4 1% 14,959 12,660 0 0 142 312 1,678
Trustmark (TRMK) 2,228 8.7 1% 13,585 11,939 0 0 117 199 1,742
United Community Banks (UCBI) 2,200 0% 8.7 1% 12,809 11,204 418 0 137 240 2,079
First Midwest Bancorp (FMBI) 2,199 6.5 1% 18,013 15,674 0 0 148 299 1,957
First Bancorp (FBP) 2,193 0% 5.8 1% 12,531 10,330 493 0 131 209 1,217
First Merchants (FRME) 2,127 6.6 1% 12,325 10,576 0 0 158 293 1,925
WesBanco (WSBC) 2,084 6.4 1% 12,594 10,493 0 0 166 287 1,840
Renasant (RNST) 2,067 5.8 1% 13,040 10,920 0 0 174 328 1,885
Banner (BANR) 1,968 6.4 1% 12,098 10,567 0 0 150 257 1,644
Pacific Premier Bancorp (PPBI) 1,919 5.6 1% 11,811 9,822 0 0 119 266 1,491
Great Western Bancorp (GWB) 1,910 0% 5.0 1% 12,788 10,888 56 0 167 357 1,775
Bancfirst (BANF) 1,856 0.7 2% 8,389 7,409 0 0 132 215 154

Balance Sheet ($MM)2013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash1271209398193250324359424354293357437590505515580763431398447290131432579570
Accounts Receivable
Inventory
PP&E74749674818211788889112693939012988151156195147155156218243245241
Assets1,9061,9552,1642,3543,6543,7474,1334,2584,3764,4785,0555,2625,4475,6675,8536,0238,5948,8918,6848,81110,0179,8919,85014,14514,70914,959
Accounts Payable
Long-Term Debt87371
Liabilities1,6921,7361,9302,1013,1633,2463,5923,7083,8163,9104,4284,6464,8175,0245,1805,3347,3347,6107,3487,4568,4798,3248,24411,91112,46012,660
Stockholders' Equity2142192342534915005415515595686036166306436726881,2601,2811,3361,3551,5381,5671,6062,2342,2492,299
Income Statement ($MM)2013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A0000000000000000000001110
Tax0223355654566777151212799111315
Net Income644559109118111212151516182419293036375056
Cash Flow ($MM)2013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating112711617415189241126192743913413529384061
Cash Investing-60-87-64-46-3922-96-53-166-53-154-99-84-273-160-59-173-270-183-338-25-25-388-260
Cash Financing435862140803612710478-16193168211169143120317-74109352-160288495189