Independent Bank Group, Inc Operating Income

Operating Income of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Operating Income growth rates and interactive chart. Operating income is the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income–also called income from operations–takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities. Operating income is measured before interest and tax expenses and is a good gauge of a company's operational profitability.

Highlights and Quick Summary

  • Operating Income for the quarter ending September 29, 2020 was $76.3 Million (a 19.18% increase compared to previous quarter)
  • Year-over-year quarterly Operating Income increased by 8.8%
  • Annual Operating Income for 2019 was $282 Million (a 69.34% increase from previous year)
  • Annual Operating Income for 2018 was $166 Million (a 22.24% increase from previous year)
  • Annual Operating Income for 2017 was $136 Million (a 66.35% increase from previous year)
  • Twelve month Operating Income ending September 29, 2020 was $266 Million (a -1.43% decrease compared to previous quarter)
  • Twelve month trailing Operating Income decreased by -5.54% year-over-year
Trailing Operating Income for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$266 Million $270 Million $274 Million $282 Million
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Historical Operating Income of Independent Bank Group, Inc

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

Interactive Chart of Operating Income of Independent Bank Group, Inc

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $76.28 $64.01 $55.93
2019 $70.11 $80.15 $67.92 $63.75 $281.51
2018 $42.54 $46.58 $40.72 $36.4 $166.24
2017 $42.28 $38.56 $32.61 $22.55 $136.0
2016 $22.98 $21.71 $17.76 $19.31 $81.75
2015 $16.54 $12.43 $15.83 $14.46 $59.25
2014 $16.45 $14.15 $9.32 $7.62 $47.55
2013 $8.2 $6.37 $6.13 $6.27 $26.97
2012 $4.12 $4.7 $4.12 $3.34 $18.87
2011 $13.88
2010 $14.59

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.