Independent Bank Group, Inc.

Independent Bank Group, Inc.verified

IBTX

Price:

$65.49

Market Cap:

$2.71B

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; agricu...[Read more]

Industry

Banks - Regional

IPO Date

2013-04-04

Stock Exchange

NASDAQ

Ticker

IBTX

The Current Ratio as of November 2024 (TTM) for Independent Bank Group, Inc. (IBTX) is 0.47

According to Independent Bank Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 64.99% compared to the average of 0.28 of the last 4 quarters.

Independent Bank Group, Inc. (IBTX) Historical Current Ratio (quarterly & annually)

How has IBTX Current Ratio performed in the past?

The mean historical Current Ratio of Independent Bank Group, Inc. over the last ten years is 80.21. The current 0.47 Current Ratio has changed -41.64% with respect to the historical average. Over the past ten years (40 quarters), IBTX's Current Ratio was at its highest in in the December 2020 quarter at 2.35K. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

80.21

Median

1.44

Minimum

0

Maximum

457.26

Independent Bank Group, Inc. (IBTX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Independent Bank Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 457.26

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20220.31-99.89%
2021271.67-40.59%
2020457.26576.16%
201967.633.57%
20181.8478.40%
20171.03-56.58%
20162.38Infinity%
201500%
201400%

Independent Bank Group, Inc. (IBTX) Average Current Ratio

How has IBTX Current Ratio performed in the past?

The current Current Ratio of Independent Bank Group, Inc. (IBTX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

90.66

5-year avg

159.37

10-year avg

80.21

Independent Bank Group, Inc. (IBTX) Current Ratio vs. Peers

How is IBTX’s Current Ratio compared to its peers?

Independent Bank Group, Inc.’s Current Ratio is greater than Heritage Financial Corporation (0.22), greater than ConnectOne Bancorp, Inc. (0), greater than Home Bancorp, Inc. (0), greater than National Bank Holdings Corporation (0), greater than Community West Bancshares (0.33), less than HMN Financial, Inc. (4.41), less than First Financial Northwest, Inc. (1.75), greater than Sierra Bancorp (0), less than Finward Bancorp (5.76), less than FVCBankcorp, Inc. (157.04), less than ACNB Corporation (11.72), greater than Affinity Bancshares, Inc. (0), less than Texas Capital Bancshares, Inc. (0), less than UMB Financial Corporation (3.62), less than First Financial Bankshares, Inc. (8.48), less than BOK Financial Corporation (1.46), greater than null (0.10),

Build a custom stock screener for Independent Bank Group, Inc. (IBTX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Independent Bank Group, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Independent Bank Group, Inc. (IBTX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Independent Bank Group, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Independent Bank Group, Inc.'s Current Ratio?

How is the Current Ratio calculated for Independent Bank Group, Inc. (IBTX)?

What is the highest Current Ratio for Independent Bank Group, Inc. (IBTX)?

What is the 3-year average Current Ratio for Independent Bank Group, Inc. (IBTX)?

What is the 5-year average Current Ratio for Independent Bank Group, Inc. (IBTX)?

How does the current Current Ratio for Independent Bank Group, Inc. (IBTX) compare to its historical average?