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IBTX — Independent Bank News Story

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

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted earnings of $1.21​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $1.30 per share.
* Revenue fell 7.4% to $145.54 million from a year ago; 
analysts expected $147.68 million. 
* Independent Bank Group Inc's reported EPS for the quarter was
$1.21​.
* The mean earnings estimate of analysts had risen by about 1.1%
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 2.1% this
quarter and gained 11.3% so far this year.
* The company reported quarterly net income of $52.34 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 October 27 at 06:57 a.m.
 ​All figures in US dollars unless otherwise stated

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