Independent Bank Group, Inc Goodwill and Intangible Assets (Total)

Goodwill and Intangible Assets (Total) of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Goodwill and Intangible Assets (Total) growth rates and interactive chart. The sum of goodwill and all other intangible assets. Intangible assets are items that a company owns and derives benefit from, but is unable to physically measure and count. Examples of intangible assets include patents, trademarks and copyrights. Goodwill is a special type of intangible asset that normally appears in a company's balance sheet following a business combination. When the fair value of the consideration paid by the purchaser for an entity exceeds the fair value of the net assets they have acquired, the purchaser must recognize the resulting difference as goodwill in their balance sheet.

Highlights and Quick Summary

  • Goodwill and Intangible Assets (Total) for the quarter ending September 29, 2020 was $1.09 Billion (a -0.29% decrease compared to previous quarter)
  • Year-over-year quarterly Goodwill and Intangible Assets (Total) decreased by -0.87%
  • Annual Goodwill and Intangible Assets (Total) for 2019 was $1.09 Billion (a 42.76% increase from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2018 was $767 Million (a 15.37% increase from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2017 was $665 Million (a 143.93% increase from previous year)
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Historical Goodwill and Intangible Assets (Total) of Independent Bank Group, Inc

Most recent Goodwill and Intangible Assets (Total)of IBTX including historical data for past 10 years.

Interactive Chart of Goodwill and Intangible Assets (Total) of Independent Bank Group, Inc

Independent Bank Group, Inc Goodwill and Intangible Assets (Total) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 – $1,085.24 $1,088.41 $1,091.59 –
2019 $1,094.76 $1,100.88 $1,104.19 $1,105.71 $1,094.76
2018 $766.84 $768.32 $769.63 $663.37 $766.84
2017 $664.7 $653.9 $656.26 $272.0 $664.7
2016 $272.5 $272.99 $273.48 $273.97 $272.5
2015 $275.0 $241.17 $241.53 $241.72 $275.0
2014 $241.91 $218.03 $217.95 $46.39 $241.91
2013 $37.85 $31.47 $31.64 $31.82 $37.85
2012 $31.99 $0.0 $0.0 $0.0 $31.99
2011 – – – $13.88 $13.89
2010 $14.45 – – – $14.45

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.
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