Independent Bank Group, Inc Net Income

Net Income of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Net Income growth rates and interactive chart. Net income (NI), also called net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is the profit available to all shareholders, both preferred and common.


Highlights and Quick Summary

  • Net Income for the quarter ending September 29, 2020 was $60.1 Million (a 55.26% increase compared to previous quarter)
  • Year-over-year quarterly Net Income increased by 19.59%
  • Annual Net Income for 2019 was $193 Million (a 50.27% increase from previous year)
  • Annual Net Income for 2018 was $128 Million (a 67.63% increase from previous year)
  • Annual Net Income for 2017 was $76.5 Million (a 42.91% increase from previous year)
  • Twelve month Net Income ending September 29, 2020 was $193 Million (a 2.35% increase compared to previous quarter)
  • Twelve month trailing Net Income increased by 0.23% year-over-year
Trailing Net Income for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$193 Million $189 Million $200 Million $193 Million
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Historical Net Income of Independent Bank Group, Inc

Most recent Net Incomeof IBTX including historical data for past 10 years.

Interactive Chart of Net Income of Independent Bank Group, Inc

Independent Bank Group, Inc Net Income for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $60.08 $38.69 $44.17
2019 $50.24 $55.63 $49.74 $37.13 $192.74
2018 $33.96 $35.7 $29.64 $28.96 $128.26
2017 $19.19 $23.51 $18.13 $15.67 $76.51
2016 $14.78 $14.5 $11.81 $12.45 $53.54
2015 $10.56 $8.2 $10.57 $9.45 $38.79
2014 $10.1 $8.96 $5.12 $4.8 $28.98
2013 $4.28 $3.96 $5.87 $5.69 $19.8
2012 $6.08 $4.49 $3.67 $3.12 $17.38
2011 $0.0 $13.7
2010 $0.0 $13.12

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.