Independent Bank Group, Inc - Common Stock (IBTX)

IBTX stock results show that Independent Bank Gr beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

The Regional Banking ETF is down 13% since the collapse of Silicon Valley Bank in 2023, indicating investor distrust. Q1 earnings show resilience in the sector with positive revenue difference.

Independent Bank Group to be acquired by SouthState Corp. in all-stock transaction valued at $2 billion. Shareholders to receive 0.60 shares of SSB stock per IBTX share. Combined company to have $65B in assets and $8.2B market cap.

A stock market crash could seriously influence financial stocks. Consider avoiding Blackstone, Upstart, and Independent Bank Group.

IBTX stock results show that Independent Bank Gr beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

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