Independent Bank Group, Inc Debt/Equity

Debt/Equity of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.


Highlights and Quick Summary

  • Debt/Equity for the quarter ending September 29, 2020 was 0.3 (a -38.54% decrease compared to previous quarter)
  • Year-over-year quarterly Debt/Equity increased by 19.45%
  • Annual Debt/Equity for 2019 was 0.25 (a -12.35% decrease from previous year)
  • Annual Debt/Equity for 2018 was 0.28 (a -45.56% decrease from previous year)
  • Annual Debt/Equity for 2017 was 0.52 (a -40.31% decrease from previous year)
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Historical Debt/Equity of Independent Bank Group, Inc

Most recent Debt/Equityof IBTX including historical data for past 10 years.

Interactive Chart of Debt/Equity of Independent Bank Group, Inc

Independent Bank Group, Inc Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 0.3 0.48 0.51
2019 0.25 0.36 0.38 0.27 0.25
2018 0.28 0.33 0.6 0.48 0.28
2017 0.52 0.55 0.49 0.85 0.52
2016 0.87 0.93 0.95 0.75 0.87
2015 0.65 0.62 0.52 0.57 0.65
2014 0.6 0.84 0.61 0.81 0.6
2013 0.91 0.86 0.93 1.64 0.91
2012 1.63 0.0 0.0 0.0 1.63
2011 1.32 1.32
2010 1.07 1.07

Business Profile of Independent Bank Group, Inc

Sector: Financial Services
Industry: Banks—Regional
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that 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 comprising SBA guaranteed loans, business term loans, equipment lease financing, 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. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2019, the company operated 93 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.