Why Your Participation Matters: NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Model N, In ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended March 31, 2024. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from to . Commission file number 001-35854 Independent Bank Group, Inc. (Exact name of registrant as specified in its charter) Texas 13-4219346 (State or other ...

For the quarter ended March 2024, Independent Bank Group (IBTX) reported revenue of $115.9 million, down 17.6% over the same period last year. EPS came in at $0.63, compared to $1.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $119.78 million, representing a surprise of -3.23%. The company delivered an EPS surprise of +10.53%, with the consensus EPS estimate being $0.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Independent Bank Group (IBTX) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this bank holding company would post earnings of $0.65 per share when it actually produced earnings of $0.62, delivering a surprise of -4.62%.Over the last four qu ...

Exhibit 99.1 Press Release For Immediate Release INDEPENDENT BANK GROUP, INC. REPORTS FIRST QUARTER FINANCIAL RESULTS AND DECLARES QUARTERLY DIVIDEND April 22, 2024 McKINNEY, Texas, April 22, 2024 -- Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $24.2 million, or $0.58 per diluted share, for the quarter ended March 31, 2024, compared to $14.9 million, or $0.36 per diluted share for the quarter ended December 31, 2023. Adjusted (non-GAAP) net income for the quarter ended March 31, ...

In its upcoming report, Independent Bank Group (IBTX) is predicted by Wall Street analysts to post quarterly earnings of $0.57 per share, reflecting a decline of 46.7% compared to the same period last year. Revenues are forecasted to be $119.78 million, representing a year-over-year decrease of 14.9%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial project ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Independent Bank Group (IBTX) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 22, 2024, might help the stock move higher if these key numbers are better t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT TO SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934 For The Fiscal Year Ended December 31, 2023. ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-35854 Independent Bank Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization ...

Independent Bank Group, Inc. (NASDAQ:IBTX) Q4 2023 Earnings Conference Call January 23, 2024 8:30 AM ET Company Participants David Brooks - Chairman and CEO Paul Langdale - CFO Dan Brooks - Vice Chairman Ankita Puri - EVP and Chief Legal Officer Conference Call Participants Brandon King - Truist Securities Brady Gailey - KBW Matt Olney - Stephens Inc. Michael Rose - Raymond James Stephen Scouten - Piper Sandler Brett Rabatin - Hovde Group Operator Greetings. Welcome to Independent Bank Group’s Fourth Quarte ...

As of December 31, 2023: 87% C&D / Bank Regulatory Capital $2.2 Million Average Loan Size1 34.2% Owner Occupied C&D Loans1 Commercial Real Estate $8.3 Billion CRE Loans $1.7 Million Average CRE Loan Size NASDAQ: IBTX 12 RETAIL CRE & C&D COMPOSITION LOANS > $500 THOUSAND 12/31/2023 (1) Includes loans held for sale 9 5.61% 2023 YTD Loan Yield $14,161 Million LHFI 1 0.01% NCOs/Avg. Total Loans 2023 Q4 Annualized NASDAQ: IBTX 10 Adjusted Efficiency Ratio Trends (1) LOAN COMPOSITION (12/31/2023) 18 Branch Deposi ...