IBTX earnings

WINTER HAVEN, Fla. and MCKINNEY, Texas, May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ:IBTX) ("Independent Bank Group") jointly announced today that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group, in an all-stock transaction valued at approximately $2 billion. Independent Bank Group, based in McKinney, Texas, has approximately $18.9 billion in total assets, $15.7 billion in total deposits and $14.6 billion in total loans as of March 31, 2024, and op

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $24.2 million, or $0.58 per diluted share, for the quarter ended March 31, 2024, compared to $14.9 million, or $0.36 per diluted share for the quarter ended December 31, 2023. Adjusted (non-GAAP) net income for the quarter ended March 31, 2024 was $26.0 million, or $0.63 per diluted share, compared to $25.5 million, or $0.62 per diluted share for the quarter ended December 31, 2023. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on May 16, 2024 to stockholders of record as of the close of business on May 2, 202

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2024 results on Tuesday, April 23, 2024, at 8:30 am ET. The related press release will be issued Monday, April 22, 2024, after 4:00 pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroupq12024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13745780 or by identifying "Independent Bank Group First Quarter 2024 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.co

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2023, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023. Adjusted net income for the quarter ended December 31, 2023 was $25.5 million, or $0.62 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023. For the year ended December 31, 2023, the Company reported net income of $43.2 million, or $1.04 per diluted share, compared to $196.3 million, or $4.70 per diluted share, for the year ended December 31, 2022. Adjusted net income was $135.9

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss fourth quarter and full year 2023 results on Tuesday, January 23, 2024 at 8:30 am ET. The related press release will be issued Monday, January 22, 2024, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/independentbankgroup01232024_en/en, or by calling 1-877-407-0989 and by identifying the meeting number 13743624 or by identifying "Independent Bank Group Fourth Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our web

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $32.8 million, or $0.79 per diluted share, for the quarter ended September 30, 2023, compared to net income of $52.4 million, or $1.27 per diluted share for the quarter ended September 30, 2022 and $33.1 million, or $0.80 per diluted share for the quarter ended June 30, 2023. Adjusted net income for the quarter ended September 30, 2023 was $32.6 million, or $0.79 per diluted share, compared to $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022 and $33.7 million, or $0.82 per diluted share for the quarter ended June 30, 2023. The Company also announced that its Board of Directors declar

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss third quarter 2023 results on Tuesday, October 24, 2023 at 8:30 am ET. The related press release will be issued Monday, October 23, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroup10242023_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13741490 or by identifying "Independent Bank Group Third Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.co

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $33.1 million, or $0.80 per diluted share, for the quarter ended June 30, 2023, compared to net income $52.4 million, or $1.25 per diluted share for the quarter ended June 30, 2022 and to net loss of $37.5 million, or $0.91 per diluted share for the quarter ended March 31, 2023. Adjusted net income for the quarter ended June 30, 2023 was $33.7 million, or $0.82 per diluted share, compared to $53.3 million, or $1.27 per diluted share for the quarter ended June 30, 2022 and $44.1 million, or $1.07 per diluted share for the quarter ended March 31, 2023. The Company also announced that its Board of Directors declared a q

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss second quarter 2023 results on Tuesday, July 25, 2023 at 8:30 am ET. The related press release will be issued Monday, July 24, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/independentbankgroup07252023_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13739682 or by identifying "Independent Bank Group Second Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net loss of $37.5 million, or $0.91 per diluted share, for the quarter ended March 31, 2023, which includes the impact of the $100 million legal settlement disclosed on February 27, 2023, that, pending court approval, will resolve all current and potential future claims relating to an inherited receivership litigation. Excluding the legal settlement as well as other non-recurring items, adjusted net income for the quarter ended March 31, 2023, was $44.1 million, or $1.07 per diluted share. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2023 results on Tuesday, April 25, 2023 at 8:30 am ET. The related press release will be issued Monday, April 24, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/register/indepbankgroup042523_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13737850 or by identifying "Independent Bank Group First Quarter 2023 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial

  Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $40.8 million, or $0.99 per diluted share, for the quarter ended December 31, 2022, compared to $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021 and $52.4 million, or $1.27 per diluted share, for the quarter ended September 30, 2022. Adjusted net income for the quarter ended December 31, 2022 was $49.4 million, or $1.20 per diluted share, compared to $55.0 million, or $1.28 per diluted share for the quarter ended December 31, 2021 and $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022. For the year ended December 31, 2022, the Company reported net in

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss fourth quarter 2022 results on Tuesday, January 24, 2023 at 8:30 am ET. The related press release will be issued Monday, January 23, 2023, at 5:00pm ET. Conference Call Details The call can be accessed by the webcast link, https://www.webcast-eqs.com/indepbankgroup20230124/en or by calling 1-877-407-1878 and by identifying the meeting number 13735285 or by identifying "Independent Bank Group Fourth Quarter 2022 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, https://ir.ifinancia

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $52.4 million, or $1.27 per diluted share, for the quarter ended September 30, 2022, compared to $52.3 million, or $1.21 per diluted share, for the quarter ended September 30, 2021 and $52.4 million, or $1.25 per diluted share, for the quarter ended June 30, 2022. Adjusted net income for the quarter ended September 30, 2022 was $54.9 million, or $1.33 per diluted share, compared to $52.6 million, or $1.22 per diluted share for the quarter ended September 30, 2021 and $53.3 million, or $1.27 per diluted share for the quarter ended June 30, 2022. The Company also announced that its Board of Directors declared a quarterl

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss third quarter 2022 results on Tuesday, October 25, 2022, at 8:30 am ET. The related press release will be issued Monday, October 24, 2022, at 5:00 pm ET. Conference Call Details The call can be accessed by the webcast link, https://webcast-eqs.com/indepbankgroup10252022/en or by calling 1-877-407-0989 and by identifying the meeting number 13732987 or by identifying "Independent Bank Group Third Quarter 2022 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.com. If y

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $52.4 million, or $1.25 per diluted share, for the quarter ended June 30, 2022, compared to $58.2 million, or $1.35 per diluted share, for the quarter ended June 30, 2021 and $50.7 million, or $1.18 per diluted share, for the quarter ended March 31, 2022. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on August 18, 2022 to stockholders of record as of the close of business on August 4, 2022. Highlights Net income of $52.4 million, or $1.25 per diluted share and adjusted (non-GAAP) net income of $53.3 million,

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, will hold a conference call to discuss second quarter 2022 results on Tuesday, July 26, 2022, at 8:30 am ET. The related press release will be issued Monday, July 25, 2022, at 5:00 pm ET. Conference Call Details The call can be accessed by the webcast link, https://webcast-eqs.com/register/independentbankgroup07262022_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13731449 or by identifying "Independent Bank Group Second Quarter 2022 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $50.7 million, or $1.18 per diluted share, for the quarter ended March 31, 2022, compared to $60.0 million, or $1.39 per diluted share, for the quarter ended March 31, 2021 and $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on May 19, 2022 to stockholders of record as of the close of business on May 5, 2022. Highlights Net income of $50.7 million, or $1.18 per diluted share and adjusted (non-GAAP) net income of $52.1 million,

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Financial, will hold a conference call to discuss first quarter 2022 results on Tuesday, April 26, 2022, at 8:30 am EDT. The related press release will be issued Monday, April 25, 2022, at 5:00pm EDT. Conference Call Details The call can be accessed by the webcast link, https://webcast-eqs.com/indepbankgroup042622_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13728479 or by identifying "Independent Bank Group First Quarter 2022 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ifinancial.com. If you

Independent Bank Group, Inc. (NASDAQ:IBTX) today announced net income of $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021, compared to $58.3 million, or $1.35 per diluted share, for the quarter ended December 31, 2020 and $52.3 million, or $1.21 per diluted share, for the quarter ended September 30, 2021. For the year ended December 31, 2021, the Company reported net income of $224.8 million, or $5.21 per diluted share, compared to $201.2 million, or $4.67 per diluted share, for the year ended December 31, 2020, an 11.7% dollar increase. Highlights Net income of $54.2 million, or $1.26 per diluted share and adjusted (non-GAAP) net income of $55.0 millio

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, will hold a conference call to discuss fourth quarter 2021 results on Tuesday, January 25, 2022 at 8:30 am EST. The related press release will be issued Monday, January 24, 2022 at 5:00 pm EST. Conference Call Details The call can be accessed by the webcast link, https://webcast-eqs.com/indepbankgroup20220125_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13725843 or by identifying "Independent Bank Group Fourth Quarter 2021 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ibtx.com. If you are

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced net income of $52.3 million, or $1.21 per diluted share, for the quarter ended September 30, 2021, compared to $60.1 million, or $1.39 per diluted share, for the quarter ended September 30, 2020 and $58.2 million, or $1.35 per diluted share, for the quarter ended June 30, 2021. Highlights Organic loan growth of 4.6% annualized for the quarter, (excluding warehouse and PPP) Strong deposit growth of 12.1% annualized for the quarter Net chargeoffs for the quarter less than 0.01%, annualized Repurchased 217,772 shares of common stock for $15.2 million aggregate Solid capital levels w

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, will hold a conference call to discuss third quarter 2021 results on Tuesday, October 26, 2021 at 8:30 am EDT. The related earnings release will be issued Monday, October 25, 2021 at 5:00 pm EDT. Conference Call Details The call can be accessed by the webcast link, https://webcast-eqs.com/indepbankgroup10262021_en/en or by calling 1-877-407-0989 and by identifying the meeting number 13723675 or by identifying "Independent Bank Group Third Quarter 2021 Earnings Conference Call". The conference materials will also be available by accessing the Investor Relations page of our website, www.ibtx.com. If you ar

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced net income of $58.2 million, or $1.35 per diluted share, for the quarter ended June 30, 2021, compared to $38.7 million, or $0.90 per diluted share, for the quarter ended June 30, 2020 and $60.0 million, or $1.39 per diluted share, for the quarter ended March 31, 2021. The Company also announced that its Board of Directors increased the quarterly cash dividend to $0.34 per share of common stock. The dividend will be payable on August 19, 2021 to stockholders of record as of the close of business on August 5, 2021. Highlights Solid organic loan growth of 12.4% annualized for the quarter