Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Independent Bank Group's share price for the quarter that ended in Dec. 2023 was $50.88. Independent Bank Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 41.3 Mil. Therefore, Independent Bank Group's market cap for the quarter that ended in Dec. 2023 was $2,100.4 Mil.
Independent Bank Group's quarterly market cap
increased
from Jun. 2023 ($1,425.4 Mil) to Sep. 2023 ($1,632.8 Mil) and
increased
from Sep. 2023 ($1,632.8 Mil) to Dec. 2023 ($2,100.4 Mil).
Independent Bank Group's annual market cap
declined
from Dec. 2021 ($3,084.9 Mil) to Dec. 2022 ($2,474.7 Mil) and
declined
from Dec. 2022 ($2,474.7 Mil) to Dec. 2023 ($2,100.4 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Independent Bank Group's Enterprise Value for Today is $1,627.9 Mil.
Independent Bank Group Market Cap Historical Data
The historical data trend for Independent Bank Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Independent Bank Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Bank Group Market Cap Distribution
For the Banks industry and Financial Services sector, Independent Bank Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Independent Bank Group's Market Cap falls into.
Independent Bank Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Independent Bank Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank Group (NAS:IBTX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Independent Bank Group Market Cap Related Terms
Thank you for viewing the detailed overview of Independent Bank Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Independent Bank Group (Independent Bank Group) Business Description
Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The bank generates its revenue in the form of net interest income.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IBTX has been successfully added to your 