Highlights and Quick Summary
- Annual Return on Tangible Assets for 2019 was 40.66% (a 38.96% increase from previous year)
- Annual Return on Tangible Assets for 2018 was 29.26% (a 66.25% increase from previous year)
- Annual Return on Tangible Assets for 2017 was 17.6% (a 90.27% increase from previous year)
- Twelve month Return on Tangible Assets ending September 29, 2020 was 25.2% (a 51.26% increase compared to previous quarter)
- Twelve month trailing Return on Tangible Assets decreased by -38.02% year-over-year
Trailing Return on Tangible Assets for the last four month:
|29 Sep '20||29 Jun '20||30 Mar '20||30 Dec '19|
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Historical Return on Tangible Assets of Independent Bank Group, IncMost recent Return on Tangible Assetsof IBTX including historical data for past 10 years.
Interactive Chart of Return on Tangible Assets of Independent Bank Group, Inc
Independent Bank Group, Inc Return on Tangible Assets for the past 10 Years (both Annual and Quarterly)
Business Profile of Independent Bank Group, Inc
Sector: Financial Services
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.