Independent Bank Group, Inc Accounts Payable

Accounts Payable of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Payable growth rates and interactive chart. Accounts payable (AP) represents a company's obligation to pay off a short-term debt to its creditors or suppliers. Accounts payable are amounts due to vendors or suppliers for goods or services received that have not yet been paid for. The sum of all outstanding amounts owed to vendors is shown as the accounts payable balance on the company's balance sheet. The increase or decrease in total AP from the prior period appears on the cash flow statement.

Highlights and Quick Summary

  • Accounts Payable for the quarter ending September 29, 2020 was $13.8 Billion (a 3.75% increase compared to previous quarter)
  • Year-over-year quarterly Accounts Payable increased by 15.54%
  • Annual Accounts Payable for 2019 was $11.9 Billion (a 54.32% increase from previous year)
  • Annual Accounts Payable for 2018 was $7.74 Billion (a 16.66% increase from previous year)
  • Annual Accounts Payable for 2017 was $6.63 Billion (a 44.91% increase from previous year)
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Historical Accounts Payable of Independent Bank Group, Inc

Most recent Accounts Payableof IBTX including historical data for past 10 years.

Interactive Chart of Accounts Payable of Independent Bank Group, Inc

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $13,797.56 $13,299.04 $11,882.77
2019 $11,941.34 $11,727.88 $11,530.59 $11,239.43 $11,941.34
2018 $7,737.79 $7,782.85 $7,533.41 $6,794.66 $7,737.79
2017 $6,632.82 $6,872.63 $6,669.29 $4,722.2 $6,632.82
2016 $4,577.11 $4,416.49 $4,208.41 $4,171.95 $4,577.11
2015 $4,028.28 $3,534.04 $3,467.48 $3,386.68 $4,028.28
2014 $3,249.6 $2,813.66 $2,853.42 $1,890.68 $3,249.6
2013 $1,710.32 $1,540.75 $1,485.13 $1,415.1 $1,710.32
2012 $1,390.74 $1,390.74
2011 $1,030.48 $1,030.48
2010 $927.54 $927.54

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.