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Independent Bank Group, Inc is currently in a long term uptrend where the price is trading 4.8% above its 200 day moving average.
From a valuation standpoint, the stock is 43.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.1.
Independent Bank Group, Inc's total revenue rose by 5.3% to $153M since the same quarter in the previous year.
Its net income has increased by 16.0% to $58M since the same quarter in the previous year.
Finally, its free cash flow grew by 75.2% to $58M since the same quarter in the previous year.
Based on the above factors, Independent Bank Group, Inc gets an overall score of 5/5.
CurrencyCode | USD |
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Exchange | NASDAQ |
ISIN | US45384B1061 |
Industry | Banks-Regional |
Sector | Financial Services |
Beta | 1.4 |
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Dividend Yield | 3.5% |
Target Price | 57.92 |
Market Cap | 2B |
PE Ratio | 9.31 |
Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, such as SBA guaranteed loans, business term loans, equipment lease financing, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. Independent Bank Group, Inc. was incorporated in 2002 and is headquartered in McKinney, Texas.
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