Independent Bank Group, Inc SG&A Expenses

SG&A Expenses of IBTX for past 10 years: annual, quarterly and twelve month trailing (TTM) including SG&A Expenses growth rates and interactive chart. Selling, general and administrative expense (SG&A) is reported on the income statement as the sum of all direct and indirect selling expenses and all general and administrative expenses (G&A) of a company. SG&A, also known as SGA, includes all the costs not directly tied to making a product or performing a service. That is, SG&A includes the costs to sell and deliver products and services and the costs to manage the company. It includes administrative


Highlights and Quick Summary

  • SG&A Expenses for the quarter ending September 29, 2020 was $77.7 Million (a -10.22% decrease compared to previous quarter)
  • Year-over-year quarterly SG&A Expenses increased by 6.44%
  • Annual SG&A Expenses for 2019 was $289 Million (a 46.84% increase from previous year)
  • Annual SG&A Expenses for 2018 was $196 Million (a 18.28% increase from previous year)
  • Annual SG&A Expenses for 2017 was $166 Million (a 38.85% increase from previous year)
  • Twelve month SG&A Expenses ending September 29, 2020 was $316 Million (a 2.73% increase compared to previous quarter)
  • Twelve month trailing SG&A Expenses increased by 9.66% year-over-year
Trailing SG&A Expenses for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
$316 Million $308 Million $296 Million $288 Million
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Historical SG&A Expenses of Independent Bank Group, Inc

Most recent SG&A Expensesof IBTX including historical data for past 10 years.

Interactive Chart of SG&A Expenses of Independent Bank Group, Inc

Independent Bank Group, Inc SG&A Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $77.72 $86.57 $78.65
2019 $73.01 $69.33 $74.69 $71.09 $288.54
2018 $52.96 $50.92 $46.93 $45.69 $196.5
2017 $45.22 $45.02 $46.47 $29.41 $166.13
2016 $28.28 $28.46 $32.56 $30.33 $119.64
2015 $29.42 $29.1 $25.69 $25.21 $109.42
2014 $25.26 $22.13 $24.9 $16.65 $88.94
2013 $14.99 $14.82 $14.28 $14.19 $58.29
2012 $16.58 $12.37 $11.65 $10.71 $48.19
2011 $39.54
2010 $35.2

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.