Independent Bank Group (IBTX) Misses Q2 EPS by 3c
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Independent Bank Group Reports Second Quarter Financial Results
July 23, 2018 5:02 PM EDTMCKINNEY, Texas, July 23, 2018 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $29.6 million, or $1.02 per diluted share, for the quarter ended June 30, 2018 compared to $18.1 million, or $0.65 per diluted share, for the quarter ended June 30, 2017 and $29.0 million, or $1.02 per diluted share, for the quarter ended March 31, 2018.
For 2018, net income and earnings per share were positively impacted by the 14% reduction of the corporate U.S. statutory federal tax rate from 35% to 21% as a result of the enactment of the Tax Cuts and Jobs Act... More
