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IBTX (Independent Bank Group) Net Margin % : 16.99% (As of Sep. 2024)


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What is Independent Bank Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Independent Bank Group's Net Income for the three months ended in Sep. 2024 was $20.4 Mil. Independent Bank Group's Revenue for the three months ended in Sep. 2024 was $120.3 Mil. Therefore, Independent Bank Group's net margin for the quarter that ended in Sep. 2024 was 16.99%.

The historical rank and industry rank for Independent Bank Group's Net Margin % or its related term are showing as below:

IBTX' s Net Margin % Range Over the Past 10 Years
Min: -92   Med: 29.25   Max: 38.28
Current: -92


IBTX's Net Margin % is ranked worse than
99.02% of 1534 companies
in the Banks industry
Industry Median: 24.43 vs IBTX: -92.00

Independent Bank Group Net Margin % Historical Data

The historical data trend for Independent Bank Group's Net Margin % 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.

* Premium members only.

Independent Bank Group Net Margin % Chart

Independent Bank Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.19 33.47 38.28 32.17 8.51

Independent Bank Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 26.70 12.71 20.84 -416.09 16.99

Competitive Comparison of Independent Bank Group's Net Margin %

For the Banks - Regional subindustry, Independent Bank Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Independent Bank Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Independent Bank Group's Net Margin % falls into.



Independent Bank Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Independent Bank Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=43.201/507.669
=8.51 %

Independent Bank Group's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=20.437/120.308
=16.99 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Independent Bank Group Net Margin % Related Terms

Thank you for viewing the detailed overview of Independent Bank Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Independent Bank Group Business Description

Traded in Other Exchanges
Address
7777 Henneman Way, McKinney, TX, USA, 75070-1711
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 Company derives its income principally from interest earned on loans and, to a lesser extent, income from securities available for sale and securities held to maturity. The Company also derives income from noninterest sources, such as fees received in connection with various deposit services, mortgage banking operations and investment advisory services.
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