Independent Income Tax Expense from 2010 to 2024

IBTX Stock  USD 67.31  1.82  2.78%   
Independent Bank Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 8.7 M in 2024. During the period from 2010 to 2024, Independent Bank Income Tax Expense regression line of annual values had r-squared of  0.27 and arithmetic mean of  25,790,877. View All Fundamentals
 
Income Tax Expense  
First Reported
2011-12-31
Previous Quarter
5.1 M
Current Value
5.3 M
Quarterly Volatility
5.6 M
 
Yuan Drop
 
Covid
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.5 M, Interest Expense of 435.6 M or Selling General Administrative of 124.4 M, as well as many indicators such as Price To Sales Ratio of 5.09, Dividend Yield of 0.0312 or PTB Ratio of 1.69. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
  
Check out the analysis of Independent Bank Correlation against competitors.
For more information on how to buy Independent Stock please use our How to Invest in Independent Bank guide.

Latest Independent Bank's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Independent Bank Group over the last few years. It is Independent Bank's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Independent Income Tax Expense Regression Statistics

Arithmetic Mean25,790,877
Geometric Mean17,299,895
Coefficient Of Variation79.62
Mean Deviation18,020,782
Median19,011,000
Standard Deviation20,535,119
Sample Variance421.7T
Range53.1M
R-Value0.52
Mean Square Error330.2T
R-Squared0.27
Significance0.05
Slope2,398,789
Total Sum of Squares5903.7T

Independent Income Tax Expense History

20248.7 M
20239.1 M
202250 M
202157.5 M
202051.2 M
201953.5 M
201831.7 M

About Independent Bank Financial Statements

Independent Bank investors use historical fundamental indicators, such as Independent Bank's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Independent Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense9.1 M8.7 M

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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.