Independent Bank Group, Inc.

Independent Bank Group, Inc.verified

IBTX

Price:

$58.7

Market Cap:

$2.43B

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 September 2024 (TTM) for Independent Bank Group, Inc. (IBTX) is 0.23

According to Independent Bank Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of -15.80% 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 80.23. The current 0.23 Current Ratio has changed -70.90% 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 September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

80.23

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
20230.21-33.02%
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

90.73

5-year avg

159.41

10-year avg

80.23

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 (0.03), greater than ConnectOne Bancorp, Inc. (0.05), greater than Home Bancorp, Inc. (0.11), greater than National Bank Holdings Corporation (0.02), greater than Community West Bancshares (0.05), less than HMN Financial, Inc. (4.41), greater than First Financial Northwest, Inc. (0.05), greater than Sierra Bancorp (0.11), greater than Finward Bancorp (0.09), less than FVCBankcorp, Inc. (0.48), greater than ACNB Corporation (0.07), less than Affinity Bancshares, Inc. (0.33), less than Texas Capital Bancshares, Inc. (0), less than UMB Financial Corporation (0.31), less than First Financial Bankshares, Inc. (0.37), greater than BOK Financial Corporation (0.11), greater than null (0.20),

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