independent bank group inc (IBTX) Key Developments
Independent Bank Group, Inc. Presents at SunTrust Robinson Humphrey Financial Services Conference 2015, May-20-2015
May 14 15
Independent Bank Group, Inc. Presents at SunTrust Robinson Humphrey Financial Services Conference 2015, May-20-2015 . Venue: New York Palace, 455 Madison Avenue, New York, NY10022, United States.
Independent Bank Group, Inc. Declares Quarterly Cash Dividend, Payable on May 28, 2015
May 1 15
Independent Bank Group, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of common stock. The dividend will be payable on May 28, 2015 to stockholders of record as of the close of business on May 15, 2015.
Independent Bank Group, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 27 15
Independent Bank Group, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income was $36,078,000 compared to $22,135,000 a year ago. Net interest income after provision for loan losses was $34,408,000 compared to $20,882,000 a year ago. Income before taxes was $13,988,000 compared to $7,140,000 a year ago. Net income was $9,452,000 compared to $4,801,000 a year ago. Tangible book value per common share was $16.65 compared to $16.15 a year ago. Net income was $9,452,000 or $0.55 basic and diluted per share compared to $4,801,000 or $0.38 basic and diluted per share a year ago. Core Pre-tax pre-provision earnings were $15,810,000 compared to $8,652,000 a year ago. Core earnings were $10,230,000 or $0.60 diluted per share compared to $4,972,000 or $0.39 diluted per share a year ago. Book value per common share was $30.77 compared to $20.05 a year ago. Return on average assets was 0.92% compared to 0.84% a year ago. Return on average equity was 7.31% compared to 7.90% a year ago. Adjusted return on average assets was 1.00% compared to 0.87% a year ago. Adjusted return on average equity was 7.96% compared to 8.18% a year ago. The increase in net interest income from the previous year was primarily due to increased average loan balances resulting from organic loan growth as well as loans acquired in the BOH Holdings and Houston City Bancshares acquisitions in 2014.
Independent Bank Group, Inc., Annual General Meeting, May 14, 2015
Apr 13 15
Independent Bank Group, Inc., Annual General Meeting, May 14, 2015., at 15:30 Central Standard Time. Location: Ballroom of The Grand Hotel, 114 West Louisiana Street. Agenda: To elect five (5) Class II directors to serve on the board of directors of the Company until the Company's 2018 annual meeting of shareholders, and each until his respective successor is duly elected and qualified or until his earlier resignation or removal; to ratify the appointment of McGladrey LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2015; to approve the Independent Bank Group, Inc. 2015 Performance Award Plan; and to transact such other business as may properly come before the meeting or any adjournment thereof.
Independent Bank Group, Inc. to Report Q1, 2015 Results on Apr 27, 2015
Apr 6 15
Independent Bank Group, Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 27, 2015