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IBTX — Independent Bank News Story

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Independent Bank Group Inc reports results for the quarter ended in December - Earnings Summary

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted
earnings of $1.26​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for earnings of $1.25 per share.
    * Revenue rose 5.7% to $147.74 million from a year ago; 
analysts
expected $147.53 million. 
    * Independent Bank Group Inc's reported EPS for the quarter
was
$1.26​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Independent Bank Group Inc shares had risen by 4.2% this
quarter.
    * The company reported quarterly net income of $54.19
million.
    * Wall Street's median 12-month price target for Independent
Bank
Group Inc is $80.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 24 at 11:52 p.m.
 ​All figures in US dollars unless otherwise stated

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