Independent Bank Group Inc

Independent Bank is a financial institution that provides personal and commercial banking products and services for individuals and businesses. Read more

David R. Brooks's photo - Chairman & CEO of Independent Bank Group Inc

Chairman & CEO

David R. Brooks

CEO Approval Rating

80/100

Founded:

1913

Status:

PublicIndependent CompanyNASDAQIBTX

INDEPENDENT BANK GROUP INC TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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The Middlefield Banking Company is perceived as one of Independent Bank Group Inc's biggest rivals. The Middlefield Banking Company was founded in 1901, and is headquartered in Middlefield, Ohio. Like Independent Bank Group Inc, The Middlefield Banking Company also competes in the Banks space. The Middlefield Banking Company generates $549.2M less revenue vs. Independent Bank Group Inc.

UCBI is a top competitor of Independent Bank Group Inc. UCBI is a Public company that was founded in 1950 in Blairsville, Georgia. Like Independent Bank Group Inc, UCBI also works within the Banks sector. Compared to Independent Bank Group Inc, UCBI has 1,319 more employees.

First Bank is Independent Bank Group Inc's #3 rival. First Bank is headquartered in Southern Pines, North Carolina, and was founded in 1935. First Bank operates in the Banks industry. First Bank generates 51% the revenue of Independent Bank Group Inc.

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Independent Bank Group Inc Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$612M

Independent Bank Group Inc's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 7.8B. Over the last four quarters, Independent Bank Group Inc's revenue has decreased by 3.5%. Specifically, in Q1 2021's revenue was $148.3M; in Q4 2020, it was $152.8M; in Q3 2020, it was $157.2M; in Q2 2020, Independent Bank Group Inc's revenue was $153.7M.

Independent Bank Group Inc Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Guaranty Bancorp

May 2018

Source »
$1B
Guaranty Bank operates as a community bank that specializes in offering consumer, business banking and wealth management solutions.

-

Integrity Bancshares, Inc.

Nov 2017

Source »
undisclosed
-
Integrity Bank

Nov 2017

Source »
undisclosed
Integrity Bank is a financial institution that offers personal banking, savings and lending services to individuals and businesses.

-

-

Nov 2016

Source »
undisclosed
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Carlile Bancshares, Inc.

Nov 2016

Source »
undisclosed
Carlile Bancshares specializes in buying small to regional banks that are looking for shareholder alternatives.

These are all the companies that Independent Bank Group Inc has acquired. Independent Bank Group Inc has acquired 10 companies and its latest acquisition was Guaranty Bancorp in May 2018. Guaranty Bank operates as a community bank that specializes in offering consumer, business banking and wealth management solutions.

Independent Bank Group Inc Funding History

Since Independent Bank Group Inc was founded in 1913, it has participated in 5 rounds of funding. In total Independent Bank Group Inc has raised $353.2M. Independent Bank Group Inc's last funding round was on Sep 2020 for a total of $130.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2020
$130M
-
Debt
Dec 2017
$30M
-
Debt
Jun 2016
$45M
-
Debt
Jul 2014
$65M
-
IPO
Apr 2013
$83.2M
-

Since Independent Bank Group Inc was founded in 1913, it has participated in 5 rounds of funding. In total Independent Bank Group Inc has raised $353.2M. Independent Bank Group Inc's last funding round was on Sep 2020 for a total of $130.0M

Independent Bank Group Inc Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

RTI designs & manufactures safety medical devices featuring automated retraction technology, proven to reduce the risk of needlestick injuries.
$1.4M
Apr 17, 2020
Debt - PPP (CARES Act)
-

These are all the companies that Independent Bank Group Inc has invested in. Independent Bank Group Inc has invested 10 companies and its latest investment was Guaranty Bancorp in May 2018. Guaranty Bank operates as a community bank that specializes in offering consumer, business banking and wealth management solutions.

Independent Bank Group Inc News

April 20, 2021MarketScreener

Triples Footprint with Purchase of an Additional 17 Acres at McKinney Corporate Center Craig Ranch

(marketscreener.com) Independent Financial announced today it has purchased an additional 17 acres ad... See more »
April 13, 2021The Business Journals: Dallas

Why a large DFW bank added a new C-suite role to its executive team

"As we went into COVID, every business, whether it's banking or not, had to figure out, 'How do we se... See more »
February 3, 2021MarketScreener

2021Q1 Investor Package

(marketscreener.com) NASDAQ: IBTX Investor Presentation 1st Quarter, 2021 Safe Harbor Statement The n... See more »
January 27, 2021The Business Journals: Dallas

Independent Financial hopes to add 800 DFW jobs with HQ expansion

The building broke ground on the building and is slated for completion in 2022.... See more »
January 12, 2021MarketScreener

Announces Q4 2020 Earnings Call

(marketscreener.com) McKINNEY, TX / ACCESSWIRE / January 12, 2021 / Independent Bank Group, Inc. , th... See more »

Independent Bank Group Inc Blogs

Independent Bank Group Inc Press Releases

January 8, 2019StreetInsider

Independent Bank Group, Inc. Announces Q4 and Year End 2018 Earnings Call

Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, will hold a co... See more »
May 24, 2018PR Newswire

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Guaranty Bancorp

NEW ORLEANS, May 24, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., ... See more »
April 25, 2018ECONOTIMES

Independent Bank Group, Inc. Declares Quarterly Dividend

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, announced that ... See more »
January 29, 2018econotimes

Independent Bank Group Reports Fourth Quarter Financial Results

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced... See more »
December 7, 2017ECONOTIMES

Independent Bank Group, Inc. Announces Closing of Common Stock Offering

Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced... See more »
November 1, 2017MarketersMedia

Independent Bank's Q3 EPS Rose on Carlile's Acquisition; Beat Forecasts

Research Desk Line-up: Regions Financial Post Earnings CoverageLONDON, UK / ACCESSWIRE / November 1, ... See more »
October 23, 2017econotimes

Independent Bank Group Reports Third Quarter Financial Results

Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced... See more »

Independent Bank Group Inc Videos

Social Media

Independent Bank Group Inc Headquarters

PO Box 3035

Mckinney, Texas75070

972-562-9004

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Independent Bank Group Inc Summary

ABOUT

Overview

Independent Bank is a financial institution that provides personal and commercial banking products and services for individuals and businesses. Independent Bank Group Inc was founded in 1913. Independent Bank Group Inc's headquarters is located in Mck...

CEO

Independent Bank Group Inc's Chairman & CEO, David R. Brooks, currently has an approval rating of 80%. Independent Bank Group Inc's primary competitors are The Middlefield Banking Company, UCBI & First Bank.

Frequently Asked Questions about Independent Bank Group Inc

  1. When was Independent Bank Group Inc founded?

    Independent Bank Group Inc was founded in 1913
  2. Who is Independent Bank Group Inc's CEO?

    Independent Bank Group Inc's CEO is David R. Brooks
  3. How much revenue does Independent Bank Group Inc generate?

    Independent Bank Group Inc generates $612M in revenue
  4. How much funding does Independent Bank Group Inc have?

    Independent Bank Group Inc has historically raised $353.2M in funding
  5. Where is Independent Bank Group Inc's headquarters?

    Independent Bank Group Inc's headquarters is in Mckinney Texas, USA
  1. How many employees does Independent Bank Group Inc have?

    Independent Bank Group Inc has 1,087 employees
  2. What sector does Independent Bank Group Inc operate in?

    Independent Bank Group Inc is in Banks, Mortgage Finance
  3. Who are Independent Bank Group Inc's competitors?

    Independent Bank Group Inc's top competitors are The Middlefield Banking Company, UCBI, First Bank
  4. Who has Independent Bank Group Inc invested in?

    Independent Bank Group Inc's has invested in companies such as Retractable Technologies Inc