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Independent Bank Group (Independent Bank Group) Cash per Share : $17.65 (As of Mar. 2024)


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What is Independent Bank Group Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Independent Bank Group's Cash per Share for the quarter that ended in Mar. 2024 was $17.65.

Independent Bank Group Cash per Share Historical Data

The historical data trend for Independent Bank Group's Cash per Share 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.

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Independent Bank Group Cash per Share Chart

Independent Bank Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.29 42.16 61.08 15.90 17.50

Independent Bank Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.41 21.88 17.25 17.50 17.65

Independent Bank Group Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Independent Bank Group's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=722.237/41.3
=17.50

Independent Bank Group's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=730.246/41.4
=17.65

* 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) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Independent Bank Group Cash per Share 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 » Cash per Share
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BANR WSBC TFIN WAFD OFG NBTB CHCO FBK RNST BKU CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
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