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-0.00341005967604426 0.00426257459505541 0.00255754475703335 0.00255754475703335 -0.00255754475703322 0.000852514919011155 0.00341005967604438 0.00937766410912198
Stock impact report

Independent Bank Group Reports Second Quarter Financial Results

Independent Bank Group, Inc (IBTX) 
Last independent bank group, inc earnings: 4/27 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
MCKINNEY, Texas, July 24, 2017 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, today announced net income of $18.1 million, or $0.65 per diluted share, for the quarter ended June 30, 2017 compared to $11.8 million, or $0.64 per diluted share, for the quarter ended June 30, 2016 and $15.7 million, or $0.82 per diluted share, for the quarter ended March 31, 2017. Highlights Adjusted (non-gaap) net income was $22.7 million, or $0.82 per diluted share, compared to $16.0 million, or $0.84 per diluted share, for first quarter 2017Total assets increased to $8.6 billion, reflecting continued organic growth and growth from the completion of the Carlile Bancshares acquisition on April 1, 2017Annualized organic loan growth of 11.4% for the quarter and 11.6% year to datePositive increase in net interest margin to 3.81%, up from 3.67% for first quarter 2017Continued strong credit quality metrics Independent Bank Group Chairman and Chie Show less Read more
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