Independent Tax Provision from 2010 to 2024

IBTX Stock  USD 65.49  0.82  1.27%   
Independent Bank Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 8.7 M in 2024. Tax Provision is the amount set aside by Independent Bank Group to cover any estimated taxes for the current period. It reflects Independent Bank's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
5.1 M
Current Value
5.3 M
Quarterly Volatility
M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Independent Bank Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Independent Bank's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Independent Tax Provision Regression Statistics

Arithmetic Mean29,835,743
Geometric Mean25,307,877
Coefficient Of Variation56.78
Mean Deviation14,678,205
Median19,011,000
Standard Deviation16,940,760
Sample Variance287T
Range48.8M
R-Value0.33
Mean Square Error275.9T
R-Squared0.11
Significance0.23
Slope1,241,811
Total Sum of Squares4017.9T

Independent Tax Provision 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 Tax Provision, 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
Tax Provision9.1 M8.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.