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Independent Bank Group, Inc.

As of January 1, 2025, SouthState Corporation acquired Independent Bank Group, Inc. Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, such as SBA guaranteed loans, business term loans, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit and credit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; wealth management services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. The company was incorporated in 2002 and is headquartered in McKinney, Texas.

Market Cap

$2.5B

Volume

244.7K

Cash and Equivalents

$1.3B

EBITDA

N/A

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$466.7M

Profit Margin

N/A

52 Week High

$68.66

52 Week Low

$36.47

Dividend

2.51%

Price / Book Value

1.29

Price / Earnings

-5.78

Price / Tangible Book Value

1.76

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$147.8M

Return on Equity

20.28%

Return on Assets

-2.34

Cash and Short Term Investments

$1.3B

Debt

$521.6M

Equity

$1.9B

Revenue

$466.7M

Unlevered FCF

N/A

Sector

Banks

Category

N/A

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