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Independent Bank Group (Independent Bank Group) Pre-Tax Income : $131.7 Mil (TTM As of Mar. 2024)


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What is Independent Bank Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Independent Bank Group's pretax income for the three months ended in Mar. 2024 was $30.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $131.7 Mil. Independent Bank Group's pretax margin was 26.43%.

During the past 13 years, Independent Bank Group's highest Pretax Margin was 48.07%. The lowest was 10.31%. And the median was 40.21%.


Independent Bank Group Pre-Tax Income Historical Data

The historical data trend for Independent Bank Group's Pre-Tax Income 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 Pre-Tax Income Chart

Independent Bank Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.26 252.38 282.23 246.30 52.32

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
Pre-Tax Income 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 -48.79 41.78 41.02 18.31 30.63

Competitive Comparison of Independent Bank Group's Pre-Tax Income

For the Banks - Regional subindustry, Independent Bank Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Independent Bank Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Independent Bank Group's Pre-Tax Income falls into.



Independent Bank Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Other
=0+52.318
=52.3

Independent Bank Group's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+30.628
=30.6

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $131.7 Mil.

* 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) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=30.628/115.901
=26.43%

During the past 13 years, Independent Bank Group's highest Pretax Margin was 48.07%. The lowest was 10.31%. And the median was 40.21%.

* 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 Pre-Tax Income Related Terms

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Independent Bank Group (Independent Bank Group) Business Description

Traded in Other Exchanges
N/A
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 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