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

Independent Bank

26/07/2021 22:59

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted earnings of $1.35​​ per share for the quarter ended in
June. The mean expectation of seven analysts for the quarter was
for earnings of $1.31 per share.
* Revenue fell 5.5% to $145.22 million from a year ago; 
analysts expected $148.59 million. 
* Independent Bank Group Inc's reported EPS for the quarter was
$1.35​.
* The mean earnings estimate of analysts had risen by about 0.9%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Independent Bank Group Inc shares had fallen by 8.9% this
quarter and gained 7.8% so far this year.
* The company reported quarterly net income of $58.24 million.
* Wall Street's median 12-month price target for Independent
Bank Group Inc is $85.00 
* 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 July 26 at 09:59 p.m.  ​All
figures in US dollars unless otherwise stated