Independent Bank Group (IBTX) Declares $0.38 Quarterly Dividend; 2.9% Yield

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Go back to Independent Bank Group (IBTX) Declares $0.38 Quarterly Dividend; 2.9% Yield

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

January 22, 2024 5:00 PM EST

MCKINNEY, Texas--(BUSINESS WIRE)-- Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $14.9 million, or $0.36 per diluted share, for the quarter ended December 31, 2023, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023. Adjusted net income for the quarter ended December 31, 2023 was $25.5 million, or $0.62 per diluted share, compared to $32.6 million, or $0.79 per diluted share for the quarter ended September 30, 2023.

For the year ended December 31, 2023, the Company reported net income of $43.2 million, or $1.04 per diluted share, compared to $196.3 million, or $4.70 per diluted share, for the year ended December 31, 2022. Adjusted net... More