Independent Bank Group, Inc (IBTX): Price and Financial Metrics

IBTX POWR Grades

• IBTX scores best on the Stability dimension, with a Stability rank ahead of 56.04% of US stocks.
• IBTX's strongest trending metric is Growth; it's been moving down over the last 177 days.
• IBTX's current lowest rank is in the Growth metric (where it is better than 7.04% of US stocks).

IBTX Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for IBTX is 0.23 -- better than just 18.83% of US stocks.
• IBTX's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 85.76% of US stocks.
• Over the past twelve months, IBTX has reported earnings growth of -67.49%, putting it ahead of just 20.07% of US stocks in our set.
• If you're looking for stocks that are quantitatively similar to INDEPENDENT BANK GROUP INC, a group of peers worth examining would be EFSC, NEWT, LNKB, PRI, and TRMK.
• Visit IBTX's SEC page to see the company's official filings. To visit the company's web site, go to www.independent-bank.com.

IBTX Valuation Summary

• IBTX's price/earnings ratio is 22.3; this is 125.25% higher than that of the median Financial Services stock.
• IBTX's EV/EBIT ratio has moved down 8.5 over the prior 130 months.

Below are key valuation metrics over time for IBTX.

IBTX Growth Metrics

Its 4 year revenue growth rate is now at 185.3%.
• The 3 year net income to common stockholders growth rate now stands at 57.97%.
• Its 2 year price growth rate is now at 131.92%.

IBTX's revenue has moved up $4,204,000 over the prior 18 months.

The table below shows IBTX's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	605.184	217.234	196.291
2022-09-30	602.74	216.349	209.724
2022-06-30	590.63	211.19	209.627
2022-03-31	590.477	220.859	215.51
2021-12-31	595.839	277.433	224.75
2021-09-30	596.969	277.898	228.837

IBTX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• IBTX has a Quality Grade of C, ranking ahead of 34.84% of graded US stocks.
• IBTX's asset turnover comes in at 0.033 -- ranking 322nd of 428 Banking stocks.
• ACNB, INDB, and CFR are the stocks whose asset turnover ratios are most correlated with IBTX.

The table below shows IBTX's key quality metrics over time.