Independent Bank Group (NASDAQ:IBTX) is scheduled to post its quarterly earnings results after the market closes on Monday, October 21st. Analysts expect Independent Bank Group to post earnings of $1.36 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Independent Bank Group (NASDAQ:IBTX) last released its quarterly earnings data on Monday, July 22nd. The bank reported $1.22 EPS for the quarter, missing the Zacks’ consensus estimate of $1.27 by ($0.05). The firm had revenue of $145.84 million during the quarter, compared to the consensus estimate of $138.67 million. Independent Bank Group had a net margin of 26.06% and a return on equity of 9.18%. On average, analysts expect Independent Bank Group to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NASDAQ IBTX opened at $52.55 on Friday. The firm has a market cap of $2.26 billion, a PE ratio of 11.78 and a beta of 1.43. The company has a current ratio of 1.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.38. Independent Bank Group has a 1-year low of $44.14 and a 1-year high of $61.39. The company has a fifty day moving average price of $51.59 and a 200 day moving average price of $53.44.
About Independent Bank Group
Independent Bank Group, Inc operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products, including demand deposits, money market accounts, and certificates of deposit.
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