A Sneak Peek At Independent Bank Group ($IBTX) Q3 2024 Earnings

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Independent Bank Group (NASDAQ: IBTX) is set to announce its financial results for the third quarter of 2024 on Wednesday 23rd October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.

According to the forecasts of financial experts on Wall Street, the business is poised to announce an anticipated per share $0.68 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $124.67 million for this specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $491.06 million. Additionally, they are expecting the company to report profit of $2.82 per share for the fiscal year 2024.

During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.79. Moreover, the company generated a total revenue of $122.48 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.60 -26.8% 118.54 M -6.9%
Q1 2024 $0.63 -41.1% 115.81 M -17.6%
Q4 2023 $0.62 -48.3% 118.67 M -22.7%
Q3 2023 $0.79 -40.6% 122.48 M -23.8%
Q2 2023 $0.82 -35.4% 127.34 M -16.2%
*Growth on year-over-year basis

 

Independent Bank Group (IBTX) closed Monday's regular trading session at $57.53, showing a 5.03 percent downfall, with a volume of 114.30 thousand shares.