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

Independent Bank

26/04/2022 24:36

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted
earnings of $1.22​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of $1.14 per share.
    * Revenue fell 2.9% to $144.03 million from a year ago; 
analysts
expected $143.61 million. 
    * Independent Bank Group Inc's reported EPS for the quarter
was
$1.18​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Independent Bank Group Inc shares had fallen by 0.9% this
quarter and lost 2.2% so far this year.
    * The company reported quarterly net income of $50.74
million.
    * Wall Street's median 12-month price target for Independent
Bank
Group Inc is $82.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 25 at 11:36 p.m.  ​All
figures in US dollars unless otherwise stated