Independent Bank Group (IBTX) Tops Q1 EPS by 9c

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Independent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly Dividend

April 25, 2022 5:00 PM EDT

MCKINNEY, Texas--(BUSINESS WIRE)-- Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $50.7 million, or $1.18 per diluted share, for the quarter ended March 31, 2022, compared to $60.0 million, or $1.39 per diluted share, for the quarter ended March 31, 2021 and $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021.

The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.38 per share of common stock. The dividend will be payable on May 19, 2022 to stockholders of record as of the close of business on May 5,... More