Independent Bank Group, Inc. (IBTX) — Financial statements
Income statement, balance sheet, and cash flow for Independent Bank Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 504↓17.4% | 610↑3.9% | 587↓2.3% | 601↑3.5% | 581 | |
| Cost of Revenue | -4 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Gross Profit | 508↓16.8% | 610↑3.9% | 587↓2.3% | 601↑3.5% | 581 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 204↓16.5% | 244↑17.0% | 209↑11.2% | 188↑0.8% | 186 | |
| Selling & Marketing Expenses | 3↑23.8% | 2↑92.0% | 1↓54.6% | 2↓4.4% | 3 | |
| SG&A Expenses | 206↓16.2% | 246↑17.3% | 210↑10.4% | 190↑0.8% | 189 | |
| Other Expenses | 301↑390.3% | -104↑79.8% | -515↑4.5% | -539↓3.0% | -523 | |
| Operating Expenses | 508↑3160.3% | 16↑105.1% | -305↑12.6% | -349↓4.3% | -334 | |
| Total Costs & Expenses | 508↑3160.3% | 16↑105.1% | -305↑12.6% | -349↓4.3% | -334 | |
| Operating Results | ||||||
| Operating Income | 0.00↓100.0% | 358↑26.9% | 282↑11.8% | 252↑2.5% | 246 | |
| Depreciation & Amortization | 31↑12.7% | 27↑9.9% | 25↓1.7% | 25↑3.0% | 25 | |
| EBITDA | 0.00↓100.0% | 274↓10.9% | 307↑10.6% | 278↑2.5% | 271 | |
| EBIT | -31↓112.6% | 246↓12.7% | 282↑11.8% | 252↑2.5% | 246 | |
| Interest & Other Income | ||||||
| Net Interest Income | 457↓18.2% | 558↑7.3% | 520↑0.8% | 516↑2.3% | 505 | |
| Interest Income | 872↑33.1% | 655↑12.2% | 584↓4.6% | 612↓6.3% | 653 | |
| Interest Expense | 415↑328.5% | 97↑53.1% | 63↓33.5% | 95↓35.8% | 148 | |
| Non-Operating Income | 31↑59.3% | 19↑6283.2% | 0.30↓98.1% | 16↓68.0% | 50 | |
| Other Income / Expenses | 52↑369.6% | -19↓6283.2% | -0.30↑98.1% | -16↑68.0% | -50 | |
| Income Before Tax | 52↓78.8% | 246↓12.7% | 282↑11.8% | 252↑2.5% | 246 | |
| Income Tax Expense | 9↓81.8% | 50↓13.0% | 57↑12.3% | 51↓4.4% | 54 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 43↓78.0% | 196↓12.7% | 225↑11.7% | 201↑4.4% | 193 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 43↓78.0% | 196↓12.7% | 225↑11.7% | 201↑4.4% | 193 | |
| Bottom-Line Net Income | 43↓77.9% | 195↓12.5% | 223↑11.6% | 200↑4.2% | 191 | |
| EPS (Basic) | 1.04↓77.9% | 4.71↓9.8% | 5.22↑11.8% | 4.67↑4.7% | 4.46 | |
| EPS (Diluted) | 1.04↓77.9% | 4.70↓9.8% | 5.21↑11.6% | 4.67↑4.7% | 4.46 | |
| Weighted Average Shares | 41↓0.3% | 41↓3.0% | 43↓0.2% | 43↓0.5% | 43 | |
| Weighted Average Diluted Shares | 41↓0.5% | 41↓2.9% | 43↓0.1% | 43↓0.5% | 43 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.