Independent Bank Group is a bank holding company. Through its subsidiary, Independent Bank, Co. provides a range of banking services to individual and corporate customers in the North, Central and Southeast, Texas areas and along the Colorado Front Range, through its various branch locations in those areas. Co. is engaged in community banking activities, which include commercial and retail lending, deposit gathering, and investment and liquidity management activities. Co.'s primary deposit products are demand deposits, money market accounts and certificates of deposit, and its primary lending products are commercial business and real estate, real estate mortgage and consumer loans. The IBTX stock yearly return is shown above.
The yearly return on the IBTX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the IBTX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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