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

Independent Bank

27/04/2021 24:31

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted earnings of $1.39​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for earnings of $1.34 per share.
* Revenue rose 7.7% to $148.34 million from a year ago​; 
analysts expected $152.24 million.
* Independent Bank Group Inc's reported EPS for the quarter was
$1.39​.
* The mean earnings estimate of analysts had risen by about 5.3%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Independent Bank Group Inc shares had risen by 7.4% this
quarter and gained 24.1% so far this year.
* The company reported quarterly net income of $59.98 million.
* Wall Street's median 12-month price target for Independent
Bank Group Inc is $77.50 
* 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 April 26 at 11:31 p.m. GMT.
​All figures in US Dollars.​