Independent Bank Group (IBTX) Declares $0.38 Quarterly Dividend; 4.2% Yield

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Go back to Independent Bank Group (IBTX) Declares $0.38 Quarterly Dividend; 4.2% Yield

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

October 23, 2023 5:00 PM EDT

McKINNEY, Texas--(BUSINESS WIRE)-- Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $32.8 million, or $0.79 per diluted share, for the quarter ended September 30, 2023, compared to net income of $52.4 million, or $1.27 per diluted share for the quarter ended September 30, 2022 and $33.1 million, or $0.80 per diluted share for the quarter ended June 30, 2023. Adjusted net income for the quarter ended September 30, 2023 was $32.6 million, or $0.79 per diluted share, compared to $54.9 million, or $1.33 per diluted share for the quarter ended September 30, 2022 and $33.7 million, or $0.82 per diluted share for the quarter ended June 30, 2023.

The Company also... More