Independent Bank Company Insiders

IBTX Stock  USD 64.67  1.61  2.55%   
Slightly above 70% of Independent Bank's corporate insiders are selling. The analysis of insiders' sentiment of trading Independent Bank Group stock suggests that many insiders are alarmed at this time. Independent Bank employs about 1.5 K people. The company is managed by 15 executives with a total tenure of roughly 14 years, averaging almost 0.0 years of service per executive, having 101.13 employees per reported executive.
David Brooks  Chairman
Chairman, CEO and Member of Strategic Planning Committee
James Tippit  President
Executive Vice President - Corporate Responsibility

Independent Bank's Insider Buying Vs Selling

30

 
Selling
 
Buying

Latest Trades

2023-05-11Paul B LangdaleAcquired 500 @ 29.84View
2023-05-08Michael B HobbsAcquired 2400 @ 31.33View
2023-05-05Daniel W BrooksAcquired 3000 @ 32.09View
2023-05-04William E FairAcquired 2000 @ 30.56View
2022-08-17Michael B HobbsDisposed 1350 @ 74.76View
2022-08-12John Webb Jennings IIIDisposed 8939 @ 74.13View
2022-06-03James C WhiteDisposed 876 @ 72.71View
2022-05-06James C WhiteDisposed 5371 @ 70.06View
2022-05-04Michael B HobbsDisposed 2611 @ 71.76View
2022-03-01James C WhiteDisposed 1361 @ 74.86View
2022-02-14John Webb Jennings IIIDisposed 2725 @ 76.64View
2022-01-27G Stacy SmithDisposed 9000 @ 75.73View
2021-11-22Michael B HobbsDisposed 2080 @ 73.85View
Monitoring Independent Bank's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Independent Bank's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Independent Bank's future performance. Based on our forecasts, it is anticipated that Independent will maintain a workforce of slightly above 1520 employees by December 2024.
 
Yuan Drop
 
Covid

Independent Bank Management Team Effectiveness

The company has return on total asset (ROA) of (0.0234) % which means that it has lost $0.0234 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2028) %, meaning that it created substantial loss on money invested by shareholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Independent Bank's Non Current Assets Total are fairly stable compared to the past year. Asset Turnover is likely to rise to 0.04 in 2024, whereas Total Assets are likely to drop slightly above 10.1 B in 2024.
Net Income Applicable To Common Shares is likely to rise to about 237 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 27.9 M in 2024.

Independent Bank Workforce Comparison

Independent Bank Group is rated third overall in number of employees category among its peers. The total workforce of Financials industry is currently estimated at about 18,646. Independent Bank holds roughly 1,517 in number of employees claiming about 8% of equities under Financials industry.

Independent Bank Profit Margins

The company has Profit Margin (PM) of (0.93) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.29.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.08080.0851
Notably Down
Very volatile
Operating Profit Margin0.570.67
Fairly Down
Pretty Stable
Pretax Profit Margin0.09790.1031
Notably Down
Very volatile
Return On Assets0.00220.0023
Notably Down
Pretty Stable
Return On Equity0.01710.018
Notably Down
Slightly volatile

Independent Bank Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Independent Bank insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-09-01
1.1818
13
11
 71,732 
 22,439 
2024-03-01
0.3333
7
21
 36,171 
 6,627 
2023-09-01
1.2857
9
7
 15,642 
 4,205 
2023-06-01
10.0
10
1
 19,878 
 0.00 
2023-03-01
0.3889
7
18
 34,180 
 5,894 
2022-12-01
2.0
2
1
 7,500 
 122.00 
2022-09-01
0.6154
8
13
 6,992 
 20,071 
2022-03-01
0.2759
8
29
 20,742 
 31,193 
2021-12-01
0.25
1
4
 8,939 
 19,019 
2021-09-01
0.0667
1
15
 5,000 
 9,133 
2021-06-01
4.0
8
2
 6,147 
 14,400 
2021-03-01
0.3611
13
36
 38,109 
 361,137 
2020-12-01
1.5
6
4
 4,075 
 19,056 
2020-09-01
14.0
14
1
 79,313 
 2,000 
2020-03-01
13.0
13
1
 56,910 
 0.00 
2019-06-01
6.5
13
2
 21,364 
 87,204 
2019-03-01
4.25
17
4
 41,242 
 31,350 
2018-12-01
6.3333
19
3
 157,141 
 117,670 
2018-09-01
6.0
6
1
 95,000 
 500.00 
2018-06-01
1.3333
8
6
 61,036 
 16,986 
2018-03-01
1.8182
20
11
 34,408 
 78,889 
2017-12-01
0.05
1
20
 7.27 
 100,000 
2017-09-01
4.0
4
1
 405,208 
 3,000 
2017-06-01
0.6667
2
3
 3,207 
 1,294 
2017-03-01
0.8421
16
19
 23,795 
 270,951 
2016-12-01
0.0541
2
37
 45.96 
 266,581 
2016-09-01
0.25
1
4
 36.47 
 205,000 
2016-06-01
5.5
11
2
 35,916 
 1,770 
2015-06-01
7.5
15
2
 24,816 
 8,000 
2015-03-01
29.0
29
1
 53,315 
 29,600 
2014-12-01
13.5
27
2
 26,689 
 3,100 
2014-06-01
11.6667
35
3
 80,290 
 0.00 
2013-06-01
3.4
34
10
 685,214 
 0.00 

Independent Bank Notable Stakeholders

An Independent Bank stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Independent Bank often face trade-offs trying to please all of them. Independent Bank's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Independent Bank's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
David BrooksChairman, CEO and Member of Strategic Planning CommitteeProfile
Michael HobbsPresident COOProfile
James TippitExecutive Vice President - Corporate ResponsibilityProfile
Paul LangdaleExecutive CFOProfile
Daniel AppEVP OperationsProfile
Mark EsqExec CounselProfile
Brenda MontgomeryChief OfficerProfile
Peggy SmolenSenior CommunicationsProfile
Leslie BesedaSenior ReportingProfile
Daniel StrodelExecutive OfficerProfile
Ankita PuriExecutive OfficerProfile
Charles CartwrightSenior OfficerProfile
John TurpenExecutive OfficerProfile
Bill WadeEVP OfficerProfile
Schwinn FengChief OfficerProfile

About Independent Bank Management Performance

The success or failure of an entity such as Independent Bank often depends on how effective the management is. Independent Bank management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Independent management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Independent management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Capital Employed 0.03  0.02 
Return On Equity 0.02  0.02 
Please note, the imprecision that can be found in Independent Bank's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Independent Bank Group. Check Independent Bank's Beneish M Score to see the likelihood of Independent Bank's management manipulating its earnings.

Independent Bank Workforce Analysis

Traditionally, organizations such as Independent Bank use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Independent Bank within its industry.

Independent Bank Manpower Efficiency

Return on Independent Bank Manpower

Revenue Per Employee334.7K
Revenue Per Executive33.8M
Net Income Per Employee28.5K
Net Income Per Executive2.9M

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.