Independent Bank Group
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Independent Bank Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $507,669,000. Profit margin reached 9%. Total operating expenses were $451,544,000.

Profit Margin

Independent Bank Group, Inc. (NASDAQ:IBTX): Profit margin
2014 137.79M 28.97M 21.03%
2015 170.58M 38.78M 22.74%
2016 203.37M 53.54M 26.33%
2017 303.86M 76.51M 25.18%
2018 368.35M 128.25M 34.82%
2019 580.65M 192.73M 33.19%
2020 601.13M 201.20M 33.47%
2021 587.14M 224.75M 38.28%
2022 610.16M 196.29M 32.17%
2023 507.66M 43.20M 8.51%

IBTX Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
507.66M610.16M587.14M601.13M580.65M368.35M303.86M203.37M170.58M137.79M
Cost of revenue
0000000000
Gross profit
507.66M610.16M587.14M601.13M580.65M368.35M303.86M203.37M170.58M137.79M
Operating exp.
Research and development
0000000000
Selling and marketing
2.60M2.10M1.09M2.41M2.52M1.90M1.45M1.10M1.03M835K
Total operating expenses
451.54M15.57M-304.91M-348.75M-334.38M-127.31M4.56M3.21M3.19M2.56M
Operating income
0358.03M282.23M252.38M246.26M241.03M172.31M113.13M83.99M65.17M
Other income (expenses), net
52.31M-111.74M282.23M-15.85M246.26M-81.03M-23.56M-33.00M-5.43M-6.95M
Income before tax
52.31M246.29M282.23M252.38M246.26M159.99M121.68M80.13M57.79M43.89M
Income tax expense
9.11M50.00M57.48M51.17M53.52M31.73M45.17M26.59M19.01M14.92M
Net income
43.20M196.29M224.75M201.20M192.73M128.25M76.51M53.54M38.78M28.97M
Earnings per share
Basic EPS
1.044.715.224.674.464.372.982.892.231.86
Diluted EPS
1.044.75.214.674.464.372.972.882.211.85
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