Independent Bank

We also offer a complete suite of consumer financial products to meet the personal needs of individuals and families; including checking, savings, loans and convenience services.

Independent Bank Group, through its wholly owned subsidiary, Independent Bank, operates 42 banking offices in three market regions located in the Dallas/Fort Worth, Austin and Houston, Texas areas.

Company Growth (employees)
Type
Public
HQ
Mc Kinney, US
Founded
1864
Size (employees)
577 (est)
Independent Bank was founded in 1864 and is headquartered in McKinney, US

Key People at Independent Bank

William Bradford Kessel

William Bradford Kessel

President and Chief Executive Officer, Board of Directors
Stefanie M. Kimball

Stefanie M. Kimball

EVP - Chief Risk Officer
Mark L. Collins

Mark L. Collins

EVP & General Counsel
Dennis James Mack

Dennis James Mack

EVP - Chief Commercial Lending Officer
James E. McCarty

James E. McCarty

Vice Chairman and Lead Director, Board of Directors
David C. Reglin

David C. Reglin

EVP - Retail Banking

Independent Bank Office Locations

Independent Bank has an office in McKinney
McKinney, US (HQ)
1600 Redbud Boulevard

Independent Bank Data and Metrics

Independent Bank Financial Metrics

Independent Bank's revenue was reported to be $60.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

60.5 m

Gross profit (Q1, 2017)

52.5 m

Gross profit margin (Q1, 2017), %

87%

Net income (Q1, 2017)

15.7 m

EBIT (Q1, 2017)

45.8 m

Market capitalization (21-Sep-2017)

1.6 b

Cash (31-Mar-2017)

515.1 m
Independent Bank's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

87.2 m153.8 m190.2 m229.6 m

Revenue growth, %

76%24%21%

Cost of goods sold

19.9 m26.2 m

Gross profit

170.2 m203.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

46.9 m46.9 m55.9 m56.9 m57.7 m60.5 m

Cost of goods sold

5 m5 m5.8 m6.1 m7 m8.1 m

Gross profit

41.9 m41.9 m50.1 m50.8 m50.7 m52.5 m

Gross profit Margin, %

89%89%90%89%88%87%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

93.1 m324 m293.3 m505 m

PP&E

72.7 m88.9 m93 m89.9 m

Goodwill

34.7 m229.5 m258.6 m258.3 m

Total Assets

2.2 b4.1 b5.1 b5.9 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

192.5 m249.8 m358.8 m424.2 m354 m356.5 m436.6 m589.6 m515.1 m

PP&E

81.3 m81.8 m88.2 m88.1 m91.2 m92.6 m93.2 m89.9 m88.3 m

Goodwill

207.2 m207.6 m229.6 m229.8 m229.8 m258.3 m258.3 m258.3 m258.3 m

Total Assets

3.7 b3.7 b4.3 b4.4 b4.5 b5.3 b5.4 b5.7 b6 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

19.8 m29 m38.8 m53.5 m

Depreciation and Amortization

4.3 m5.3 m6.3 m6.8 m

Cash From Operating Activities

30.8 m40.6 m46.3 m80.3 m

Purchases of PP&E

(309.9 m)(1.4 b)(546.3 m)(1.6 b)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

9.9 m18.9 m9.5 m20 m28.2 m12.5 m24.3 m38.8 m15.7 m

Depreciation and Amortization

2.4 m3.8 m1.5 m3.1 m4.6 m1.6 m3.3 m5 m1.8 m

Cash From Operating Activities

8.3 m24 m4.3 m19.1 m37.1 m24 m34.6 m60.8 m26.9 m

Purchases of PP&E

(21.5 m)(28.4 m)(156.6 m)(522.6 m)(44.8 m)(417.9 m)(1.1 b)(43.9 m)
USDY, 2017

Revenue/Employee

104.9 k

Financial Leverage

8.7 x
Show all financial metrics

Independent Bank Operating Metrics

Independent Bank's Total Loans Issued was reported to be $6.3 b in Q2, 2017
Show all operating metrics

Independent Bank Market Value History

Traffic Overview of Independent Bank

Independent Bank Online and Social Media Presence

Independent Bank News and Updates

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Independent Bank Company Life and Culture

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