at independent bank (nasdaq: ibtx), we offer a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses owners, professionals, community organizations, working families and individuals. we operate banking offices across texas, covering the dallas, waco, austin and houston metro areas. in 2014, our first full year as a public company, independent bank achieved record earnings and essentially doubled in size - to $4.1 billion in assets. awards and honors span fiscal performance, innovation, workplaces and culture. we are perennially recognized in dallas among the “best places to work.” clearly our success is hinged upon the strength of our talented workforce. independent bank has a long history of giving back. we strive to effect meaningful change through charitable grants, employee volunteer programs and matching donations. we hope to continue fueling economic development through job creation, and provide our employees with
Company profile
Ticker
IBTX
Exchange
Website
CEO
David R. Brooks
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Independent Bank Group Inc
SEC CIK
Corporate docs
Subsidiaries
IBG Real Estate Holdings • IBG Aircraft Company • Preston Grand, Inc. • McKinney Avenue Holdings, Inc. • Private Capital Management, LLC • Community Group ...
IRS number
134219346
IBTX stock data
Latest filings (excl ownership)
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
425
Business combination disclosure
20 May 24
8-K
SouthState Corporation to Acquire Texas-based
20 May 24
425
Business combination disclosure
20 May 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
Transcripts
IBTX
Earnings call transcript
2024 Q1
23 Apr 24
IBTX
Earnings call transcript
2023 Q4
23 Jan 24
IBTX
Earnings call transcript
2023 Q3
24 Oct 23
IBTX
Earnings call transcript
2023 Q2
25 Jul 23
IBTX
Earnings call transcript
2023 Q1
25 Apr 23
IBTX
Earnings call transcript
2023 Q1
20 Apr 23
IBTX
Earnings call transcript
2022 Q4
24 Jan 23
IBTX
Earnings call transcript
2022 Q3
25 Oct 22
IBTX
Earnings call transcript
2022 Q2
26 Jul 22
IBTX
Earnings call transcript
2022 Q1
26 Apr 22
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 730.00 mm | 730.00 mm | 730.00 mm | 730.00 mm | 730.00 mm | 730.00 mm |
Cash burn (monthly) | (no burn) | 26.55 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 54.80 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 675.20 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 25.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
3.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 27 |
Opened positions | 4 |
Closed positions | 159 |
Increased positions | 6 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 21.02 bn |
Total shares | 1.54 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Lee Thomas H | 1.10 mm | $80.18 mm |
Peregrine Capital Management | 172.65 k | $8.78 bn |
Private Capital Management | 103.80 k | $5.28 bn |
Howard Financial Services | 27.48 k | $1.40 bn |
State of Alaska, Department of Revenue | 22.10 k | $1.12 mm |
Raymond James & Associates | 17.83 k | $907.19 mm |
Tectonic Advisors | 17.21 k | $875.40 mm |
Mirae Asset Global Investments | 16.53 k | $841.10 mm |
Doliver Advisors | 14.64 k | $744.97 mm |
Arizona State Retirement System | 10.39 k | $528.54 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Feb 24 | Brooks Daniel W | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 285 | 12.61 k | 121,360 |
26 Feb 24 | Brooks David R | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 578 | 25.57 k | 76,873 |
26 Feb 24 | Turpen John G | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 79 | 3.49 k | 11,081 |
26 Feb 24 | Tippit James P | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 124 | 5.49 k | 18,278 |
26 Feb 24 | Brenda K Montgomery | Common Stock | Payment of exercise | Dispose F | No | No | 44.24 | 47 | 2.08 k | 8,247 |
23 Feb 24 | Brooks Daniel W | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 431 | 19.26 k | 121,645 |
23 Feb 24 | Brooks David R | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 1,204 | 53.81 k | 77,451 |
23 Feb 24 | Turpen John G | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 342 | 15.28 k | 11,160 |
23 Feb 24 | Tippit James P | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 218 | 9.74 k | 18,402 |
23 Feb 24 | Brenda K Montgomery | Common Stock | Payment of exercise | Dispose F | No | No | 44.69 | 82 | 3.66 k | 8,294 |
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Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AGR, SSB, IBTX, OSG
23 May 24
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Independent Bank Group, Inc. - IBTX
22 May 24
INDEPENDENT BANK INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Independent Bank Group, Inc. - IBTX
21 May 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IBTX, OSG, SQSP
21 May 24
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Independent Bank Group, Inc.
20 May 24