Independent Bank Group Company Profile (NASDAQ:IBTX)

About Independent Bank Group

Independent Bank Group, Inc. is a bank holding company. Through the Company's subsidiary, Independent Bank (the Bank), it provides a range of commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include owner-occupied commercial real estate loans, interim construction loans, commercial loans to a mix of small and midsized businesses, and loans to professionals, particularly medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. The Company operates approximately 40 banking offices in the Dallas-Fort Worth metropolitan area, the Austin/Central Texas area, and the Houston metropolitan area. The Company also provides wealth management services to its customers, including investment advisory and other related services.

Industry, Sector and Symbol:

Sector: Finance
Industry: Regional - Southeast Banks
Sub-Industry: N/A
Exchange: NASDAQ
Symbol: IBTX
CUSIP:

Key Metrics:

Previous Close: $43.35
50 Day Moving Average: $43.72
200 Day Moving Average: $38.28
52-Week Range: $25.50 - $45.00
Trailing P/E Ratio: 18.31
Foreward P/E Ratio: 13.18
P/E Growth: 1.53
Market Cap: $800.89M
Outstanding Shares: 18,475,000
Beta: 1.26

Profitability:

Net Margins: 20.35%
Return on Equity: 7.64%
Return on Assets: 0.90%

Debt:

Debt-to-Equity Ratio: 0.95%
Current Ratio: 1.11%
Quick Ratio: 1.11%

Additional Links:

Companies Related to Independent Bank Group:

Consensus Ratings for Independent Bank Group (NASDAQ:IBTX) (?)

Ratings Breakdown:	4 Hold Ratings, 4 Buy Ratings
Consensus Rating:	Buy (Score: 2.50)
Consensus Price Target:	$42.75 (1.38% downside)

Analysts' Ratings History for Independent Bank Group (NASDAQ:IBTX)

Show:

Date	Firm	Action	Rating	Price Target
7/27/2016	Keefe, Bruyette & Woods	Boost Price Target	Market Perform	$40.00 -> $47.00
7/27/2016	Hovde Group	Boost Price Target	Market Perform	$43.00 -> $45.50
7/7/2016	Raymond James Financial Inc.	Initiated Coverage	Outperform	$44.00
6/9/2016	Evercore ISI	Upgrade	Hold -> Buy	$49.00
4/26/2016	Stephens	Upgrade	Equal Weight -> Overweight
4/25/2016	Piper Jaffray Cos.	Upgrade	Neutral -> Overweight
1/29/2016	SunTrust Banks Inc.	Lower Price Target	Neutral	$39.00 -> $35.00
10/23/2015	Sandler O'Neill	Downgrade	Buy -> Hold
8/3/2015	Stifel Nicolaus	Boost Price Target	Market Perform	$42.00 -> $48.00
5/20/2015	Wunderlich	Initiated Coverage	Buy	$48.00

(Data available from 9/30/2014 forward)

Earnings History for Independent Bank Group (NASDAQ:IBTX)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/20/2016
7/25/2016	Q216	$0.70	$0.74	$50.21 million	$50.81 million	View	N/A
4/25/2016	Q1	$0.64	$0.67	$47.90 million		View	Listen
1/27/2016	Q4	$0.59	$0.63	$45.70 million	$46.41 million	View	Listen
10/22/2015	Q315	$0.61	$0.52	$42.92 million		View	Listen
7/27/2015	Q215	$0.63	$0.61	$41.36 million		View	Listen
4/28/2015	Q115	$0.60	$0.60	$40.65 million		View	N/A
2/3/2015	Q414	$0.60	$0.64	$39.80 million		View	N/A
7/29/2014	Q214	$0.56	$0.57			View	N/A
4/30/2014		$0.42	$0.38			View	N/A
2/11/2014	Q4	$0.39	$0.40			View	N/A
10/29/2013		$0.36	$0.38			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Independent Bank Group (NASDAQ:IBTX)

Current Year EPS Consensus Estimate: $2.91 EPS
Next Year EPS Consensus Estimate: $3.29 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$0.61	$0.66	$0.64
Q2 2016	2	$0.68	$0.71	$0.70
Q3 2016	2	$0.69	$0.74	$0.72
Q4 2016	2	$0.71	$0.78	$0.75
Q1 2017	1	$0.71	$0.71	$0.71
Q2 2017	1	$0.82	$0.82	$0.82
Q3 2017	1	$0.81	$0.81	$0.81
Q4 2017	1	$0.93	$0.93	$0.93

(Data provided by Zacks Investment Research)

Current Dividend Information for Independent Bank Group (NASDAQ:IBTX)

Annual Dividend:	$0.32
Dividend Yield:	0.74%
Payout Ratio:	13.56% (Based on Trailing 12 Months of Earnings) 11.00% (Based on Current Year Consensus EPS Estimate) 9.73% (Based on Next Year Consensus EPS Estimate)

Dividend History for Independent Bank Group (NASDAQ:IBTX)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/28/2016	quarterly	$0.08	0.74%	8/4/2016	8/8/2016	8/18/2016
4/28/2016	quarterly	$0.08	0.88%	5/5/2016	5/9/2016	5/19/2016
1/29/2016	quarterly	$0.08	1.08%	2/4/2016	2/8/2016	2/18/2016
10/30/2015	quarterly	$0.08	0.79%	11/5/2015	11/9/2015	11/20/2015
7/31/2015	quarterly	$0.08	0.71%	8/6/2015	8/10/2015	8/20/2015
5/4/2015	quarterly	$0.08	0.8%	5/13/2015	5/15/2015	5/28/2015
2/5/2015	quarterly	$0.08	0.88%	2/12/2015	2/17/2015	2/26/2015
11/4/2014	quarterly	$0.06	0.54%	11/12/2014	11/14/2014	11/26/2014
8/5/2014	quarterly	$0.06	0.49%	8/14/2014	8/18/2014	8/28/2014
5/5/2014	quarterly	$0.06	0.49%	5/13/2014	5/15/2014	5/28/2014
2/12/2014	quarterly	$0.06	0.45%	2/20/2014	2/24/2014	3/6/2014
11/6/2013	quarterly	$0.06	0.62%	11/14/2013	11/18/2013	11/27/2013
8/13/2013	special	$0.06		8/20/2013	8/22/2013	8/30/2013
8/12/2013	quarterly	$0.06			8/22/2013	8/30/2013

(Data available from 1/1/2013 forward)

Insider Trading History for Independent Bank Group (NASDAQ:IBTX)

Insider Ownership Percentage: 16.20%
Institutional Ownership Percentage: 33.92%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
6/28/2016	Michelle S Hickox	CFO	Buy	237	$38.95	$9,231.15
6/27/2016	G Stacy Smith	Director	Buy	15,186	$38.89	$590,583.54
6/24/2016	Torry Berntsen	President	Buy	100	$39.73	$3,973.00
6/10/2016	Torry Berntsen	President	Buy	200	$40.69	$8,138.00
5/13/2016	Jack M Radke	Director	Buy	4,000	$33.86	$135,440.00
3/29/2016	Torry Berntsen	COO	Buy	100	$27.79	$2,779.00
2/24/2016	Torry Berntsen	COO	Buy	150	$25.86	$3,879.00
2/19/2016	Michelle S Hickox	CFO	Buy	250	$27.50	$6,875.00
2/16/2016	William E. Fair	Director	Buy	700	$28.01	$19,607.00
2/12/2016	Torry Berntsen	COO	Buy	250	$27.57	$6,892.50
2/11/2016	Michelle S Hickox	CFO	Buy	40	$26.75	$1,070.00
2/8/2016	Torry Berntsen	COO	Buy	250	$27.33	$6,832.50
2/4/2016	G Stacy Smith	Director	Buy	3,300	$28.88	$95,304.00
2/2/2016	G Stacy Smith	Director	Buy	4,300	$28.48	$122,464.00
2/2/2016	Torry Berntsen	COO	Buy	250	$28.59	$7,147.50
1/29/2016	G Stacy Smith	Director	Buy	4,300	$28.48	$122,464.00
12/10/2015	John Webb Jennings III	Director	Buy	1,250	$35.02	$43,775.00
12/9/2015	Brian E Hobart	Vice Chairman	Buy	250	$34.73	$8,682.50
12/9/2015	G Stacy Smith	Director	Buy	3,500	$35.16	$123,060.00
12/9/2015	Torry Berntsen	COO	Buy	70	$34.82	$2,437.40
12/8/2015	G Stacy Smith	Director	Buy	4,000	$36.86	$147,440.00
12/8/2015	Torry Berntsen	COO	Buy	200	$36.81	$7,362.00
12/7/2015	G Stacy Smith	Director	Buy	5,400	$37.70	$203,580.00
10/30/2015	G Stacy Smith	Director	Buy	5,000	$38.95	$194,750.00
5/18/2015	James D Stein	Director	Sell	4,000	$39.51	$158,040.00
5/15/2015	G Stacy Smith	Director	Buy	1,000	$38.71	$38,710.00
5/14/2015	James D Stein	Director	Sell	4,000	$39.50	$158,000.00
5/13/2015	G Stacy Smith	Director	Buy	8,430	$38.96	$328,432.80
5/8/2015	G Stacy Smith	Director	Buy	4,484	$38.93	$174,562.12
5/5/2015	G Stacy Smith	Director	Buy	5,300	$38.76	$205,428.00
2/23/2015	G Stacy Smith	Director	Buy	4,600	$36.53	$168,038.00
2/6/2015	Craig E Holmes	Director	Buy	2,000	$36.99	$73,980.00
12/19/2014	G Stacy Smith	Director	Buy	4,500	$38.77	$174,465.00
12/18/2014	John Webb Jennings III	Director	Buy	1,500	$39.82	$59,730.00
11/19/2014	G Stacy Smith	Director	Buy	3,000	$43.41	$130,230.00
11/10/2014	G Stacy Smith	Director	Buy	4,000	$43.92	$175,680.00
10/31/2014	John Webb Jennings III	Director	Buy	3,000	$44.01	$132,030.00
8/8/2014	Torry Berntsen	COO	Buy	250	$48.13	$12,032.50
8/5/2014	G Stacy Smith	Director	Buy	2,500	$47.98	$119,950.00
8/4/2014	G Stacy Smith	Director	Buy	1,500	$47.41	$71,115.00
8/1/2014	John Webb Jennings III	Director	Buy	2,000	$47.43	$94,860.00
8/1/2014	Torry Berntsen	COO	Buy	1,250	$47.94	$59,925.00
6/12/2014	G Stacy Smith	Director	Buy	2,500	$51.98	$129,950.00
6/6/2014	Jack M Radke	Director	Buy	2,000	$49.71	$99,420.00
6/5/2014	David R Brooks	CEO	Buy	1,000	$48.72	$48,720.00
6/5/2014	G Stacy Smith	Director	Buy	1,500	$48.78	$73,170.00
6/5/2014	Torry Berntsen	COO	Buy	2,500	$48.96	$122,400.00
12/5/2013	William E Fair	Director	Buy	7,698	$45.51	$350,335.98
11/25/2013	William E Fair	Director	Buy	1,100	$44.99	$49,489.00
9/3/2013	Jack M Radke	Director	Buy	7,000	$36.06	$252,420.00
8/30/2013	G Stacy Smith	Director	Buy	11,087	$34.16	$378,731.92
8/29/2013	William E Fair	Director	Buy	3,557	$34.23	$121,756.11
8/28/2013	Michelle S Hickox	CFO	Buy	1,000	$34.02	$34,020.00
8/27/2013	G Stacy Smith	Director	Buy	4,295	$33.83	$145,299.85
8/26/2013	G Stacy Smith	Director	Buy	6,509	$34.46	$224,300.14
8/26/2013	Torry Berntsen	COO	Buy	1,000	$35.07	$35,070.00
5/13/2013	G Stacy Smith	Director	Buy	12,269	$28.85	$353,960.65
5/7/2013	Michelle S Hickox	CFO	Buy	1,500	$28.97	$43,455.00
5/3/2013	Craig E Holmes	Director	Buy	3,500	$28.97	$101,395.00
4/3/2013	Daniel W Brooks	Chairman	Buy	2,885	$26.00	$75,010.00
4/3/2013	David R Brooks	CEO	Buy	4,192	$26.00	$108,992.00
4/3/2013	G Stacy Smith	Director	Buy	82,350	$26.19	$2,156,746.50
4/3/2013	Torry Berntsen	COO	Buy	20,192	$26.00	$524,992.00

(Data available from 1/1/2013 forward)

Latest Headlines for Independent Bank Group (NASDAQ:IBTX)

Date	Headline
	Independent Bank Group, Inc. breached its 50 day moving average in a Bearish Manner : IBTX-US : September 27, 2016 (NASDAQ:IBTX) www.capitalcube.com - September 27 at 10:08 AM
	Independent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NASDAQ:IBTX) www.capitalcube.com - August 1 at 5:26 PM
	Independent Bank's (IBTX) CEO David Brooks on Q2 2016 Results - Earnings Call Transcript (NASDAQ:IBTX) www.msn.com - July 28 at 5:41 PM
	Independent Bank Group (IBTX) Declares $0.08 Quarterly Dividend; 0.7% Yield (NASDAQ:IBTX) www.streetinsider.com - July 28 at 5:41 PM
	Independent Bank posts 2Q profit (NASDAQ:IBTX) sg.finance.yahoo.com - July 28 at 9:06 AM
	Independent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NASDAQ:IBTX) www.capitalcube.com - July 27 at 3:25 PM
	INDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:IBTX) biz.yahoo.com - July 27 at 1:07 PM
	Edited Transcript of IBTX earnings conference call or presentation 26-Jul-16 12:30pm GMT (NASDAQ:IBTX) finance.yahoo.com - July 26 at 10:52 AM
	Independent Bank Group Reports Second Quarter Financial Results (NASDAQ:IBTX) www.publicnow.com - July 25 at 5:28 PM
	Independent Bank Group posts 2Q profit (NASDAQ:IBTX) sg.finance.yahoo.com - July 25 at 5:09 PM
	Q2 2016 Independent Bank Group Inc Earnings Release - 5:00 pm ET (NASDAQ:IBTX) biz.yahoo.com - July 25 at 7:07 AM
	Independent Bank Corp. posts 2Q profit (NASDAQ:IBTX) sg.finance.yahoo.com - July 21 at 5:18 PM
	Independent Bank Group Inc : half-yearly earnings release (NASDAQ:IBTX) www.4-traders.com - July 20 at 6:46 PM
	ETF’s with exposure to Independent Bank Group, Inc. : July 7, 2016 (NASDAQ:IBTX) www.capitalcube.com - July 7 at 2:58 PM
	Independent Bank Group, Inc. Announces Q2 2016 Earnings Call (NASDAQ:IBTX) www.publicnow.com - July 6 at 2:01 PM
	INDEPENDENT BANK GROUP, INC. : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:IBTX) www.4-traders.com - June 23 at 5:55 PM
	INDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial (NASDAQ:IBTX) biz.yahoo.com - June 23 at 5:00 PM
	Independent Bank Group, Inc. Announces Pricing of $45 Million of its 5.875% Subordinated Notes Due August 1, 2024 (NASDAQ:IBTX) www.publicnow.com - June 23 at 8:19 AM
	Independent Bank Group Inc (NASDAQ:IBTX) price target held steady to $0 as reported today by Evercore ISI (NASDAQ:IBTX) breakingfinancenews.com - June 21 at 10:06 AM
	Independent Bank Group, Inc. Announces Commencement of Subordinated Notes Offering (NASDAQ:IBTX) www.publicnow.com - June 21 at 8:29 AM
	INDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Other Events (NASDAQ:IBTX) biz.yahoo.com - June 21 at 8:05 AM
	Trio of Texas banks upgraded at Evercore (NASDAQ:IBTX) seekingalpha.com - June 9 at 5:43 PM
	INDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:IBTX) biz.yahoo.com - June 1 at 6:10 AM
	Independent Bank Group, Inc (NASDAQ:IBTX) Broker Price Targets For The Coming Week - Share Trading News (NASDAQ:IBTX) www.sharetrading.news - May 30 at 5:13 PM
	Earnings Review and Stock Rundown for Independent Bank Group, Inc (NASDAQ:IBTX) - Wall Street Hints and News (NASDAQ:IBTX) hintsnewsnetwork.com - May 26 at 8:21 AM
	Insiders Are Gradually Buying Independent Bank Group, Inc. (NASDAQ:IBTX) - Wall Street Hints and News (NASDAQ:IBTX) hintsnewsnetwork.com - May 25 at 10:10 PM
	Independent Bank Group, Inc (NASDAQ:IBTX) Reports Basic Consolidated EPS At $2.285 - Investor Newswire (NASDAQ:IBTX) www.investornewswire.com - May 21 at 4:51 PM
	Were Analysts Bullish Independent Bank Group Inc (NASDAQ:IBTX) This Week? - Wall Street Hints and News (NASDAQ:IBTX) hintsnewsnetwork.com - May 16 at 9:58 PM
	Expected For Independent Bank Group, Inc (NASDAQ:IBTX) Sales Of $225.15 - RealistInvestor.com (NASDAQ:IBTX) www.realistinvestor.com - May 14 at 4:59 PM
	Consensus Rating Review for Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX) www.bodyconfidential.com - May 10 at 5:25 PM
	Independent Bank Group, Inc (NASDAQ:IBTX) ABR Of 2 - RealistInvestor.com (NASDAQ:IBTX) www.realistinvestor.com - May 5 at 10:46 PM
	Independent Bank Group, Inc (IBTX) Ex-Dividend Date Scheduled for May 05, 2016 - Nasdaq (NASDAQ:IBTX) www.nasdaq.com - May 4 at 5:17 PM
	INDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:IBTX) biz.yahoo.com - May 4 at 6:15 AM
	Average Analyst Rating for Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX) www.bodyconfidential.com - May 3 at 5:24 PM
	INDEPENDENT BANK GROUP, INC. Financials (NASDAQ:IBTX) finance.yahoo.com - May 3 at 1:04 PM
	This Weeks Broker Price Targets For Independent Bank Group, Inc (NASDAQ:IBTX) - Share Trading News (NASDAQ:IBTX) www.sharetrading.news - May 2 at 5:42 PM
	Independent Bank Group, Inc (NASDAQ:IBTX) Basic Consolidated EPS At $2.285 - Investor Newswire (NASDAQ:IBTX) www.investornewswire.com - April 30 at 5:25 PM
	Piper Jaffray Upgrades Rating On Independent Bank Group, Inc (IBTX) - Finance Daily (NASDAQ:IBTX) www.fidaily.com - April 29 at 10:46 PM
	Share Performance and Target Price Review Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX) www.bodyconfidential.com - April 29 at 10:46 PM
	Independent Bank Group Inc. (IBTX) is Trading Higher on Unusual Volume for April 26 - Equities.com (NASDAQ:IBTX) www.equities.com - April 28 at 3:51 AM
	Independent Bank Group, Inc. Declares Quarterly Dividend - EIN News (press release) (NASDAQ:IBTX) www.einnews.com - April 27 at 10:47 PM
	Independent Bank Group, Inc (NASDAQ:IBTX) Wall Street Rating in Focus - News Tribune (NASDAQ:IBTX) www.greenvilletribune.com - April 27 at 10:47 PM
	Independent Bank Group (IBTX) Declares $0.08 Quarterly Dividend; 0.9% Yield (NASDAQ:IBTX) www.streetinsider.com - April 27 at 5:41 PM
	Independent Bank Group, Inc. Declares Quarterly Dividend (NASDAQ:IBTX) www.publicnow.com - April 27 at 12:34 PM
	Independent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:IBTX) www.capitalcube.com - April 27 at 9:51 AM
	Independent Bank Group, Inc (NASDAQ:IBTX) Share Rating Recap - B.O.D.Y Confidential (NASDAQ:IBTX) www.bodyconfidential.com - April 26 at 11:11 PM
	Independent Bank Group Inc. (IBTX) Jumps 9.66% on April 26 - Equities.com (NASDAQ:IBTX) www.equities.com - April 26 at 11:11 PM
	Edited Transcript of IBTX earnings conference call or presentation 26-Apr-16 12:30pm GMT (NASDAQ:IBTX) finance.yahoo.com - April 26 at 2:18 PM
	Independent Bank Group posts 1Q profit (NASDAQ:IBTX) www.cnbc.com - April 25 at 11:23 PM
	Independent Bank Group Inc Earnings Call (Q1 2016) (NASDAQ:IBTX) biz.yahoo.com - April 25 at 6:15 PM