Independent Bank (IBCP) Stock Price, News & Analysis

Company Overview

Independent Bank Group, Inc. (NASDAQ: IBCP) is a bank holding company whose primary subsidiary, Independent Bank, offers community-focused banking services throughout Texas. Headquartered in McKinney, the company operates a network of full-service branches across major metropolitan and regional markets, aiming to deliver personalized financial solutions to individuals, families, and businesses.

The bank’s core activities encompass a wide range of commercial and consumer banking services. On the commercial side, Independent Bank provides lending products such as commercial real estate loans, construction financing, and lines of credit tailored to small and middle-market enterprises. For individual clients, the institution offers checking and savings accounts, residential mortgages, home equity loans, personal lines of credit and automobile financing. Complementing these lending and deposit services are treasury and cash management tools, online and mobile banking platforms, and merchant services designed to streamline payment and receivables processes.

Beyond traditional banking, Independent Bank Group maintains a wealth management arm through Independent Financial Services, offering advisory, trust and estate‐planning services to high-net-worth clients. This division leverages in-house trust capabilities and partnerships with third-party asset managers to deliver customized investment strategies and fiduciary oversight. Through its community approach, the company emphasizes relationship banking, locally empowered decision-making, and active engagement in civic and economic development initiatives within its markets.

Founded in 1881 as a local banking institution in Galveston, Texas, Independent Bank has evolved through organic growth and strategic branch expansions to serve a diversified clientele. Since 2013, Steven C. Goodwin has led the organization as president and chief executive officer, supported by a senior management team with deep experience in regional banking. The company’s board of directors comprises community and industry leaders who guide its commitment to prudent risk management, customer service excellence and long-term value creation for shareholders and stakeholders alike.

Key Stats

• Today's Range: $33.86 to $34.69
• 50-Day Range: $30.19 to $34.60
• 52-Week Range: $26.75 to $40.32
• Volume: 75,971 shs
• Average Volume: 102,672 shs
• Market Capitalization: $707.17 million
• P/E Ratio: 10.87
• Dividend Yield: 3.05%
• Price Target: $36.67
• Consensus Rating: Hold

Independent Bank Stock Analysis - MarketRank™

Independent Bank scored higher than 66% of companies evaluated by MarketBeat, and ranked 475th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Independent Bank has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Independent Bank has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1.86%

Earnings Growth

Earnings for Independent Bank are expected to grow by 1.86% in the coming year, from $3.22 to $3.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Independent Bank is 10.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Independent Bank is 10.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.17.

Price to Book Value per Share Ratio

Independent Bank has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.98% of the float of Independent Bank has been sold short.

Short Interest Ratio / Days to Cover

Independent Bank has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Independent Bank has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Independent Bank pays a meaningful dividend of 3.07%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Independent Bank has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of Independent Bank is 33.12%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Independent Bank will have a dividend payout ratio of 31.71% next year. This indicates that Independent Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.98% of the float of Independent Bank has been sold short.

Short Interest Ratio / Days to Cover

Independent Bank has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Independent Bank has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.88

News Sentiment

Independent Bank has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Independent Bank this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Independent Bank insiders have sold 255.69% more of their company's stock than they have bought. Specifically, they have bought $55,814.00 in company stock and sold $198,524.00 in company stock.

Percentage Held by Insiders

Only 5.68% of the stock of Independent Bank is held by insiders.

Percentage Held by Institutions

79.43% of the stock of Independent Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IBCP Stock Analysis - Frequently Asked Questions

How have IBCP shares performed this year?

Independent Bank's stock was trading at $34.83 on January 1st, 2025. Since then, IBCP stock has decreased by 2.0% and is now trading at $34.13.

How were Independent Bank's earnings last quarter?

Independent Bank Corporation (NASDAQ:IBCP) announced its quarterly earnings data on Thursday, April, 24th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.04. The financial services provider earned $54.11 million during the quarter, compared to analyst estimates of $46.25 million. Independent Bank had a trailing twelve-month return on equity of 14.71% and a net margin of 20.62%.
Read the conference call transcript.

Who are Independent Bank's major shareholders?

Independent Bank's top institutional shareholders include SummerHaven Investment Management LLC (0.14%) and Wedge Capital Management L L P NC (0.12%). Insiders that own company stock include Stefanie M Kimball, Terance L Beia, Patrick J Ervin, Gavin A Mohr, Dennis W Archer Jr, Michael M Magee Jr, James J Twarozynski and Christina Keller.
View institutional ownership trends.

How do I buy shares of Independent Bank?

Shares of IBCP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Independent Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Independent Bank investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 4/24/2025
• Record date for 5/15 Dividend: 5/05/2025
• Ex-Dividend for 5/15 Dividend: 5/05/2025
• Dividend Payable: 5/15/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/24/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - MIDWEST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:IBCP
• CIK: 39311
• Web: www.independentbank.com
• Phone: (616) 527-5820
• Fax: 616-527-4004
• Employees: 920
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Independent Bank: $36.67
• High Price Target: $39.00
• Low Price Target: $35.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.14
• Trailing P/E Ratio: 10.89
• Forward P/E Ratio: 10.60
• P/E Growth: N/A
• Net Income: $66.79 million
• Net Margins: 20.62%
• Pretax Margin: 25.57%
• Return on Equity: 14.71%
• Return on Assets: 1.25%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 0.91
• Quick Ratio: 0.90

Sales & Book Value

• Annual Sales: $323.14 million
• Price / Sales: 2.19
• Cash Flow: $3.70 per share
• Price / Cash Flow: 9.22
• Book Value: $21.76 per share
• Price / Book: 1.57

Miscellaneous

• Outstanding Shares: 20,720,000
• Free Float: 19,544,000
• Market Cap: $707.19 million
• Optionable: Optionable
• Beta: 0.84