Independent Bank Net Worth

Independent Bank Net Worth Breakdown

  IBTX
The net worth of Independent Bank Group is the difference between its total assets and liabilities. Independent Bank's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Independent Bank's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Independent Bank's net worth can be used as a measure of its financial health and stability which can help investors to decide if Independent Bank is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Independent Bank Group stock.

Independent Bank Net Worth Analysis

Independent Bank's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Independent Bank's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Independent Bank's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Independent Bank's net worth analysis. One common approach is to calculate Independent Bank's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Independent Bank's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Independent Bank's net worth. This approach calculates the present value of Independent Bank's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Independent Bank's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Independent Bank's net worth. This involves comparing Independent Bank's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Independent Bank's net worth relative to its peers.

Enterprise Value

2.18 Billion

To determine if Independent Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Independent Bank's net worth research are outlined below:
Over 79.0% of the company shares are owned by institutional investors
On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders
Latest headline from thelincolnianonline.com: Independent Bank Hits New 1-Year High Heres Why

Independent Bank Quarterly Good Will

476.02 Million

Independent Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Independent Bank Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independent Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of April 2024
Upcoming Quarterly Report
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22nd of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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27th of January 2025
Next Fiscal Year End
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31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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Know Independent Bank's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Independent Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independent Bank Group backward and forwards among themselves. Independent Bank's institutional investor refers to the entity that pools money to purchase Independent Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Manufacturers Life Insurance Co2024-09-30
540.8 K
Goldman Sachs Group Inc2024-06-30
534.9 K
Charles Schwab Investment Management Inc2024-09-30
485.3 K
Bank Of New York Mellon Corp2024-06-30
430.5 K
Northern Trust Corp2024-09-30
392.9 K
Qube Research & Technologies2024-06-30
370.2 K
Bank Of America Corp2024-06-30
344.7 K
Magnetar Financial Llc2024-09-30
321.8 K
Westchester Capital Management Llc2024-09-30
304.4 K
Blackrock Inc2024-06-30
5.6 M
Vanguard Group Inc2024-09-30
4.1 M
Note, although Independent Bank's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Independent Bank's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.79 B.

Market Cap

1.16 Billion

Project Independent Bank's profitablity

Last ReportedProjected for Next Year
Return On Capital Employed 0.03  0.02 
Return On Equity 0.02  0.02 
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.
When accessing Independent Bank's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Independent Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Independent Bank's profitability and make more informed investment decisions.
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.

Evaluate Independent Bank's management efficiency

Independent Bank 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. Non Currrent Assets Other is likely to rise to about 17.9 B in 2024, whereas Total Assets are likely to drop slightly above 10.1 B in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 57.97  31.87 
Tangible Book Value Per Share 32.77  18.42 
Enterprise Value Over EBITDA 10.31  13.44 
Price Book Value Ratio 0.88  1.69 
Enterprise Value Multiple 10.31  13.44 
Price Fair Value 0.88  1.69 
Enterprise Value2.1 B2.2 B
Understanding the operational decisions made by Independent Bank management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
6.8325
Revenue
466.7 M
Quarterly Revenue Growth
(0.06)
Revenue Per Share
11.327
Return On Equity
(0.20)
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 are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Independent Bank Corporate Filings

F4
23rd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
22nd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
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10Q
6th of August 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
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31st of July 2024
Other Reports
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Independent Bank time-series forecasting models is one of many Independent Bank's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Independent Bank's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Independent Bank Earnings per Share Projection vs Actual

Independent Bank Corporate Management

Mark EsqExec CounselProfile
Brenda MontgomeryChief OfficerProfile
Peggy SmolenSenior CommunicationsProfile
Leslie BesedaSenior ReportingProfile
Daniel StrodelExecutive OfficerProfile

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.