at independent bank (nasdaq: ibtx), we offer a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses owners, professionals, community organizations, working families and individuals. we operate banking offices across texas, covering the dallas, waco, austin and houston metro areas. in 2014, our first full year as a public company, independent bank achieved record earnings and essentially doubled in size - to $4.1 billion in assets. awards and honors span fiscal performance, innovation, workplaces and culture. we are perennially recognized in dallas among the “best places to work.” clearly our success is hinged upon the strength of our talented workforce. independent bank has a long history of giving back. we strive to effect meaningful change through charitable grants, employee volunteer programs and matching donations. we hope to continue fueling economic development through job creation, and provide our employees with
Company profile
Ticker
IBTX
Exchange
Website
CEO
David R. Brooks
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Independent Bank Group Inc
SEC CIK
Corporate docs
Subsidiaries
IBG Real Estate Holdings • IBG Aircraft Company • Preston Grand, Inc. • McKinney Avenue Holdings, Inc. • Private Capital Management, LLC • Community Group ...
IRS number
134219346
IBTX stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
20 Feb 24
8-K
Regulation FD Disclosure
8 Feb 24
8-K
Independent Bank Group, Inc. Reports Fourth Quarter Financial Results and Declares Quarterly Dividend
23 Jan 24
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Dec 23
S-8
Registration of securities for employees
30 Nov 23
8-K
Regulation FD Disclosure
6 Nov 23
10-Q
2023 Q3
Quarterly report
24 Oct 23
8-K
Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend
23 Oct 23
8-K
Regulation FD Disclosure
22 Aug 23
10-Q
2023 Q2
Quarterly report
25 Jul 23
Transcripts
IBTX
Earnings call transcript
2023 Q4
23 Jan 24
IBTX
Earnings call transcript
2023 Q3
24 Oct 23
IBTX
Earnings call transcript
2023 Q2
25 Jul 23
IBTX
Earnings call transcript
2023 Q1
25 Apr 23
IBTX
Earnings call transcript
2023 Q1
20 Apr 23
IBTX
Earnings call transcript
2022 Q4
24 Jan 23
IBTX
Earnings call transcript
2022 Q3
25 Oct 22
IBTX
Earnings call transcript
2022 Q2
26 Jul 22
IBTX
Earnings call transcript
2022 Q1
26 Apr 22
IBTX
Earnings call transcript
2021 Q4
25 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 711.71 mm | 711.71 mm | 711.71 mm | 711.71 mm | 711.71 mm | 711.71 mm |
Cash burn (monthly) | 63.72 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 426.64 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 285.07 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
78.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 182 |
Opened positions | 21 |
Closed positions | 16 |
Increased positions | 65 |
Reduced positions | 66 |
13F shares | Current |
---|---|
Total value | 1.23 tn |
Total shares | 32.53 mm |
Total puts | 9.70 k |
Total calls | 25.10 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 5.74 mm | $227.04 bn |
Vanguard | 4.16 mm | $164.45 bn |
FMR | 3.71 mm | $146.79 bn |
Dimensional Fund Advisors | 2.07 mm | $82.04 bn |
STT State Street | 1.80 mm | $71.14 bn |
T. Rowe Price Investment Management | 1.17 mm | $46.19 bn |
Lee Thomas H | 1.10 mm | $80.18 mm |
Geode Capital Management | 776.59 k | $30.72 bn |
MCQEF Macquarie | 749.46 k | $29.64 bn |
Manufacturers Life Insurance Company, The | 734.86 k | $29.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 24 | Brooks Daniel W | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 285 | 12.61 k | 121,360 |
26 Feb 24 | Brooks David R | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 578 | 25.57 k | 76,873 |
26 Feb 24 | Turpen John G | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 79 | 3.49 k | 11,081 |
26 Feb 24 | Tippit James P | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 124 | 5.49 k | 18,278 |
26 Feb 24 | Brenda K Montgomery | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 47 | 2.08 k | 8,247 |
23 Feb 24 | Brooks Daniel W | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 431 | 19.26 k | 121,645 |
23 Feb 24 | Brooks David R | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 1,204 | 53.81 k | 77,451 |
23 Feb 24 | Turpen John G | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 342 | 15.28 k | 11,160 |
23 Feb 24 | Tippit James P | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 218 | 9.74 k | 18,402 |
23 Feb 24 | Brenda K Montgomery | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 82 | 3.66 k | 8,294 |
News
Assessing Independent Bank Gr: Insights From 5 Financial Analysts
1 Apr 24
Independent Bank Gr's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
26 Jan 24
Keefe, Bruyette & Woods Maintains Outperform on Independent Bank Gr, Raises Price Target to $55-Report Released on 23 January 2024
24 Jan 24
Cracking The Code: Understanding Analyst Reviews For Independent Bank Gr
24 Jan 24
Raymond James Maintains Outperform on Independent Bank Gr, Raises Price Target to $59
24 Jan 24