Independent Bank Group (IBTX) Misses Q3 EPS by 16c

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Go back to Independent Bank Group (IBTX) Misses Q3 EPS by 16c

Independent Bank Group Reports Third Quarter Financial Results

October 22, 2015 7:00 AM EDT

MCKINNEY, Texas, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income available to common shareholders of $8.1 million, or $0.47 per diluted share, for the quarter ended September 30, 2015 compared to $8.9 million, or $0.54 per diluted share, for the quarter ended September 30, 2014 and $10.5 million, or $0.61 per diluted share, for the quarter ended June 30, 2015.

Highlights

Return to historically strong organic loan growth with loans increasing 18.1% on an annualized basis for the quarter and 13.7% year to date. Core earnings were $8.9 million, or $0.52 per diluted... More