Independent Bank Group (IBTX) Misses Q4 EPS by 8c

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Go back to Independent Bank Group (IBTX) Misses Q4 EPS by 8c

Independent Bank Group, Inc. Reports Fourth Quarter Financial Results, Declares Quarterly Dividend, and Announces Share Repurchase Plan

January 23, 2023 5:00 PM EST

 

MCKINNEY, Texas--(BUSINESS WIRE)-- Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $40.8 million, or $0.99 per diluted share, for the quarter ended December 31, 2022, compared to $54.2 million, or $1.26 per diluted share, for the quarter ended December 31, 2021 and $52.4 million, or $1.27 per diluted share, for the quarter ended September 30, 2022. Adjusted net income for the quarter ended December 31, 2022 was $49.4 million, or $1.20 per diluted share, compared to $55.0 million, or $1.28 per diluted share for the quarter ended December 31, 2021 and $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022.

For the year ended December... More