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Independent Bank Group Inc IBTX

Morningstar Rating
$41.58 +1.40 (3.48%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IBTX is trading within a range we consider fairly valued.
Price
$40.36
Fair Value
$35.94
Uncertainty
Very High
1-Star Price
$95.52
5-Star Price
$31.66
Economic Moat
Ktt
Capital Allocation
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News

Trading Information

Previous Close Price
$40.18
Day Range
$40.4041.67
52-Week Range
$28.9153.25
Bid/Ask
$0.00 / $0.00
Market Cap
$1.72 Bil
Volume/Avg
140,433 / 209,873

Key Statistics

Price/Earnings (Normalized)
12.19
Price/Sales
3.26
Dividend Yield (Trailing)
3.79%
Dividend Yield (Forward)
3.79%
Total Yield
3.92%

Company Profile

Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The Company derives its income principally from interest earned on loans and, to a lesser extent, income from securities available for sale and securities held to maturity. The Company also derives income from noninterest sources, such as fees received in connection with various deposit services, mortgage banking operations and investment advisory services.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
1,517

Comparables

Valuation

Metric
IBTX
FMCB
CNOB
Price/Earnings (Normalized)
12.198.408.74
Price/Book Value
0.691.330.63
Price/Sales
3.263.262.62
Price/Cash Flow
24.627.716.25
Price/Earnings
IBTX
FMCB
CNOB

Financial Strength

Metric
IBTX
FMCB
CNOB
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
IBTX
FMCB
CNOB
Return on Assets (Normalized)
0.74%1.67%0.93%
Return on Equity (Normalized)
5.87%17.05%8.36%
Return on Invested Capital (Normalized)
Return on Assets
IBTX
FMCB
CNOB
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRShzfqzyVbnt$79.4 Bil
ISNPY
Intesa Sanpaolo ADRFdcsjvcrFhkz$65.2 Bil
USB
U.S. BancorpQzgfwfrzjxZllms$61.5 Bil
PNC
PNC Financial Services Group IncBysqrrbtFmlcxd$58.9 Bil
ITUB
Itau Unibanco Holding SA ADRLqxbyfdcyQzmwx$55.4 Bil
MFG
Mizuho Financial Group Inc ADRFzfrrgghjZplr$48.8 Bil
TFC
Truist Financial CorpVsxxbdhYrkxmc$47.7 Bil
LYG
Lloyds Banking Group PLC ADRRvwnvpgvDhtmts$39.7 Bil
DB
Deutsche Bank AGKzlnCxygr$31.5 Bil
NWG
NatWest Group PLC ADRZjfsJbvn$29.9 Bil

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