Independent Bank Group Net Tangible Assets

Independent Bank Group posts a net tangible assets of $1.9B as of September 2024. That compares with $2.3B in the prior-year period — down 16.4% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Independent Bank Group's net tangible assets was $2.3B. The latest reading is $1.9B — a 16.4% year-over-year decrease (period ending September 2024). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Independent Bank Group's financial statement story. At $1.9B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for IBTX's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Independent Bank Group's other metric pages and overview cover the third.

Judging Independent Bank Group against Finance peers is usually better than using a market-wide rule of thumb. Business models inside Finance are more comparable, which makes gaps in net tangible assets easier to interpret. Start with $1.9B here, then scan peer and history charts to see if the gap is persistent.