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Independent Bank Group Q3 Adjusted Earnings, Revenue Decline
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Independent Bank Group Q3 Adjusted Earnings, Revenue Decline
Oct 22, 2024 12:48 PM

05:44 PM EDT, 10/21/2024 (MT Newswires) -- Independent Bank Group ( IBTX ) reported Q3 adjusted earnings late Monday of $0.50 per diluted share, down from $0.79 a year earlier.

Four analysts polled by Capital IQ expected $0.72.

Revenue for the quarter that ended Sept. 30, expressed as the sum of net interest income and noninterest income was $120.3 million, down from $122.7 million a year earlier.

Three analysts surveyed by Capital IQ expected $124.5 million.

The company said its board maintained a quarterly dividend of $0.38 per share, payable on Nov. 14 to stockholders of record on Oct. 31.

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