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)
Mc Kinney, US
Size (employees)
577 (est)-1%
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
Mc Kinney, US (HQ)
1600 Redbud Boulevard

Independent Bank Data and Metrics

Independent Bank Financial Metrics

Independent Bank's revenue was reported to be $210 m in FY, 2016 which is a 21% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

210 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

183.8 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

53.5 m

EBIT (FY, 2016)

174.4 m

Market capitalization (26-May-2017)

1.6 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

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


87.2 m140.1 m174 m210 m

Revenue growth, %


Cost of goods sold

19.9 m26.2 m

Gross profit

154.1 m183.8 m

Gross profit Margin, %


Operating expense total

103.2 m113.8 m


24.5 m43.9 m57.8 m174.4 m

EBIT margin, %


Pre tax profit

57.8 m80.1 m

Income tax expense

(1.5 m)1.9 m19 m26.6 m

Net Income

19.8 m29 m38.8 m53.5 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


93.1 m324 m293.3 m505 m

Accounts Receivable



72.7 m88.9 m93 m89.9 m


34.7 m229.5 m258.6 m258.3 m

Total Assets

2.2 b4.1 b5.1 b5.9 b

Accounts Payable

Common Stock

123 k170 k184 k189 k

Additional Paid-in Capital

222.1 m476.6 m530.1 m555.3 m

Retained Earnings

12.7 m37.7 m70.7 m118 m

Total Equity

603.4 m672.4 m

Financial Leverage

8.4 x8.7 x
Numbers are in $, 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

Accounts Receivable


Accounts Payable

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)

Cash From Investing Activities

(296.3 m)(127.3 m)(369.1 m)(609.3 m)

Dividends Paid

(6.8 m)(3.9 m)(5.8 m)(6.3 m)

Cash From Financing Activities

256.3 m317.7 m292.1 m740.8 m
Numbers are in $, USDY, 2016


357.8 k

Financial Leverage

8.7 x

Independent Bank Market Value History

Independent Bank Online and Social Media Presence

Independent Bank News and Updates

Independent Bank Company Life and Culture

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