Independent Bank Group (Independent Bank Group) 5-Year Yield-on-Cost % : 9.49 (As of May. 13, 2024)

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What is Independent Bank Group 5-Year Yield-on-Cost %?

Independent Bank Group's yield on cost for the quarter that ended in Mar. 2024 was 9.49.

The historical rank and industry rank for Independent Bank Group's 5-Year Yield-on-Cost % or its related term are showing as below:

IBTX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.31 Med: 2.8 Max: 13.28
Current: 9.49

During the past 13 years, Independent Bank Group's highest Yield on Cost was 13.28. The lowest was 0.31. And the median was 2.80.

IBTX's 5-Year Yield-on-Cost % is ranked better than
84.72% of 1191 companies
in the Banks industry
Industry Median: 4.91 vs IBTX: 9.49

Competitive Comparison of Independent Bank Group's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Independent Bank Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Independent Bank Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Independent Bank Group's 5-Year Yield-on-Cost % falls into.

Independent Bank Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Independent Bank Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Independent Bank Group (NAS:IBTX) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Independent Bank Group 5-Year Yield-on-Cost % Related Terms

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Independent Bank Group (Independent Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independent Bank Group Inc (NAS:IBTX) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7777 Henneman Way, McKinney, TX, USA, 75070-1711

Website

https://www.independent-bank.com

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.

Executives

Janet P Froetscher	director	CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Paul B Langdale	officer: EVP, Chief Financial Officer	7777 HENNEMAN WAY, MCKINNEY TX 75070
Brenda K Montgomery	officer: EVP, Chief Accounting Officer	7777 HENNEMAN WAY, MCKINNEY TX 75070
Michael B Hobbs	officer: EVP/ Chief Lending Officer	1331 17TH STREET, SUITE 200, DENVER CO 80202
Daniel W Brooks	director, officer: Vice Chairman and CRO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
David R Brooks	director, officer: Chairman and CEO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
William E Fair	director	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
James P Tippit	officer: EVP Corporate Responsibility	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Jennings John Webb Iii	director	1980 POST OAK BOULEVARD, SUITE 2150, HOUSTON TX 77056
James C White	officer: EVP and COO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
G Stacy Smith	director	300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Michelle S Hickox	officer: EVP and CFO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
John G Turpen	officer: EVP, Chief Risk Officer	2000 MCKINNEY AVE, SUITE 700, DALLAS TX 75201
Paul Washington	director	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Mark S Haynie	officer: EVP - General Counsel	1600 REDBUS BOULEVARD, SUITE 400, MCKINNEY TX 75069