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

Independent Bank

24/10/2022 23:01

* Independent Bank Group Inc  IBTX.OQ  reported quarterly
adjusted
earnings of $1.33​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of $1.33 per share.
    * Revenue rose 10.5% to $160.75 million from a year ago;
analysts
expected $159.53 million. 
    * Independent Bank Group Inc's reported EPS for the quarter
was
$1.27​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
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 risen by 5.4% this
quarter and lost 10.3% so far this year.
    * The company reported quarterly net income of $52.44
million.
    * Wall Street's median 12-month price target for Independent
Bank
Group Inc is $80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.33           1.33           Met
 Jun. 30 2022      1.23           1.27           Beat
 Mar. 31 2022      1.14           1.22           Beat
 Dec. 31 2021      1.25           1.26           Beat