Independent Bank Group (IBTX) Reports In-Line Q1 EPS

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Independent Bank Group, Inc. Reports First Quarter Financial Results

April 22, 2019 5:07 PM EDT

McKINNEY, TX / ACCESSWIRE / April 22, 2019 / Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $37.1 million, or $0.85 per diluted share, for the quarter ended March 31, 2019 compared to $29.0 million, or $1.02 per diluted share, for the quarter ended March 31, 2018 and $34.0 million, or $1.11 per diluted share, for the quarter ended December 31, 2018.

Highlights

Completed the acquisition of Guaranty Bancorp on January 1, 2019, increasing total assets by $3.9 billion, total loans by $2.8 billion and total deposits by $3.1 billion Solid earnings of $37.1 million, or $0.85 per diluted share and... More