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Independent Bank Group, Inc. (IBTX)

New York Stock Exchange Financial Services Banks - RegionalView data quality →
45.4Fair

ValueMarkers Composite Index

Top 17%#37,227 of 44,707

DCF data not available

Piotroski
5/9
Neutral
Beneish
-0.87
High Risk
Altman
0.21
Distress
DCF Value
-
N/A
ROIC
0.0%
Low
P/E
58.0
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Independent Bank Group, Inc. (IBTX) — VMCI valuation read

Headline read on IBTX: VMCI of 45/100 versus a Financial Services sector median of 50. The 5-point below-median position is what makes Independent Bank Group, Inc. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on IBTX: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on IBTX: value (IBTX trades at 17.0x earnings, 6% below the Financial Services median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Financial Services median (10.0%)), and risk (net debt to EBITDA of 0.5x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Financial Services 12.0x baseline.

IBTX rose 2.7% over the trailing 7 days, with a +5.0% read on a 30-day basis.

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; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2021, the company operated 93 full-service branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

CEO: David R. Brooks1,517 employeesUSwww.independent-bank.com

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