Independent Bank Group (IBTX) Revenue & Revenue Breakdown


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Independent Bank Group Revenue Highlights


Latest Revenue (Y)

$923.03M

Latest Revenue (Q)

$252.57M

Independent Bank Group Revenue by Period


Independent Bank Group Revenue by Year

DateRevenueChange
2023-12-31$923.03M51.28%
2022-12-31$610.17M3.92%
2021-12-31$587.14M-2.33%
2020-12-31$601.14M3.53%
2019-12-31$580.65M57.63%
2018-12-31$368.35M21.22%
2017-12-31$303.87M49.42%
2016-12-31$203.37M19.22%
2015-12-31$170.58M23.80%
2014-12-31$137.79M60.27%
2013-12-31$85.97M26.38%
2012-12-31$68.03M26.05%
2011-12-31$53.97M23.98%
2010-12-31$43.53M-

Independent Bank Group generated $923.03M in revenue during NA 2023, up 51.28% compared to the previous quarter, and up 250.58% compared to the same period a year ago.

Independent Bank Group Revenue by Quarter

DateRevenueChange
2024-06-30$252.57M0.93%
2024-03-31$250.24M2.90%
2023-12-31$243.19M98.11%
2023-09-30$122.75M-3.61%
2023-06-30$127.35M-9.44%
2023-03-31$140.63M-8.20%
2022-12-31$153.20M-4.76%
2022-09-30$160.85M5.88%
2022-06-30$151.92M5.36%
2022-03-31$144.20M-2.56%
2021-12-31$147.98M1.65%
2021-09-30$145.58M0.24%
2021-06-30$145.24M-2.10%
2021-03-31$148.34M-2.84%
2020-12-31$152.68M-2.84%
2020-09-30$157.14M2.43%
2020-06-30$153.41M11.31%
2020-03-31$137.81M-4.94%
2019-12-31$144.98M-4.29%
2019-09-30$151.48M3.67%
2019-06-30$146.12M5.83%
2019-03-31$138.07M42.34%
2018-12-31$97.00M-1.82%
2018-09-30$98.80M10.84%
2018-06-30$89.13M6.83%
2018-03-31$83.43M-2.76%
2017-12-31$85.80M0.78%
2017-09-30$85.14M5.77%
2017-06-30$80.49M53.48%
2017-03-31$52.45M1.34%
2016-12-31$51.75M2.03%
2016-09-30$50.72M-0.17%
2016-06-30$50.81M1.43%
2016-03-31$50.09M7.98%
2015-12-31$46.39M9.77%
2015-09-30$42.26M0.89%
2015-06-30$41.89M4.61%
2015-03-31$40.04M-4.96%
2014-12-31$42.14M14.93%
2014-09-30$36.66M6.20%
2014-06-30$34.52M41.09%
2014-03-31$24.47M4.63%
2013-12-31$23.39M9.48%
2013-09-30$21.36M3.77%
2013-06-30$20.58M-0.27%
2013-03-31$20.64M1.39%
2012-12-31$20.36M18.41%
2012-09-30$17.19M5.57%
2012-06-30$16.29M14.75%
2012-03-31$14.19M-

Independent Bank Group generated $252.57M in revenue during Q2 2024, up 0.93% compared to the previous quarter, and up 179.60% compared to the same period a year ago.

Independent Bank Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
UMBFUMB Financial$2.38B$683.20M
BOKFBOK Financial$2.34B$914.20M
IBTXIndependent Bank Group$923.03M$252.57M
NBHCNational Bank$559.33M$146.48M
CNOBConnectOne Bancorp$373.75M$134.41M
HFWAHeritage Financial$303.13M$81.83M
BSRRSierra Bancorp$208.02M$51.13M
HBCPHome Bancorp$178.87M$49.13M
ACNBACNB$115.08M$33.30M
FNWDFinward Bancorp$96.53M$24.70M
FFNWFirst Financial Northwest$80.93M$20.02M
CWBCCommunity West Bancshares$61.39M$27.26M
AFBIAffinity Bancshares$45.17M$12.93M
HMNFHMN Financial$43.48M$14.79M
FVCBFVCBankcorp$42.14M$28.84M
FFINFirst Financial Bankshares-$184.94M

IBTX Revenue FAQ


Independent Bank Group's yearly revenue for 2023 was $923.03M, representing an increase of 51.28% compared to 2022. The company's yearly revenue for 2022 was $610.17M, representing an increase of 3.92% compared to 2021. IBTX's yearly revenue for 2021 was $587.14M, representing a decrease of -2.33% compared to 2020.

Independent Bank Group's quarterly revenue for Q2 2024 was $252.57M, a 0.93% increase from the previous quarter (Q1 2024), and a 98.33% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $250.24M, a 2.90% increase from the previous quarter (Q4 2023), and a 77.94% increase year-over-year (Q1 2023). IBTX's quarterly revenue for Q4 2023 was $243.19M, a 98.11% increase from the previous quarter (Q3 2023), and a 58.74% increase year-over-year (Q4 2022).

Independent Bank Group's revenue growth rate for the last 3 years (2021-2023) was 57.21%, and for the last 5 years (2019-2023) was 58.97%.