Independent Bank Group Reports Second Quarter Financial Results

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Independent Bank Group (IBTX) PT Lowered to $81.50 at Piper Jaffray

July 25, 2018 7:59 AM EDT

Piper Jaffray lowered its price target on Independent Bank Group (NASDAQ: IBTX) to $81.50 (from $85.00) while maintaining a Overweight rating. Piper Jaffray lowered FY18 EPS estimates to $4.40 (-$0.22), FY19 EPS to $5.43 (-$0.26), and introducing a FY20 EPS estimates of $6.02.

Management... More

Independent Bank Group (IBTX) Misses Q2 EPS by 3c

July 23, 2018 5:02 PM EDT

Independent Bank Group (NASDAQ: IBTX) reported Q2 EPS of $1.11, $0.03 worse than the analyst estimate of $1.14.

Independent Bank Group Chairman and CEO David R. Brooks said, Our second quarter performance reflects the continuation of our growing profitability metrics and strong loan growth reported in the... More