Independent Bank Income Statement - Quarterly (NASDAQ:IBTX)

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$47.3 $0.4 (0.85%) IBTX stock closing price Oct 21, 2016 (Closing)

IBTX stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Independent Bank stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the IBTX income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a QoQ revenue growth of $0.94M when compared to the same period in the past. The operating expenses (also check: Independent Bank assets and Independent Bank free cash flow) as shown in the Independent Bank profit and loss statement 2016-Q2 total to $36.97M. This line item has increased from $34.46M compared with last quarter. View details of revenue and profits for Independent Bank for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Independent Bank Net Sales or Revenues
Cost Of Goods Sold (COGS)3.92M3.65M3.25M3.06M3.01M2.7M2.67M2.53M2.43M1.9M
Independent Bank Gross Profit
Research & Development Expense----------
Selling General & Admin Expense32.56M30.33M29.42M29.09M25.69M25.21M25.27M22.12M24.9M16.65M
Income Before Depreciation Depletion Amortization20.38M21.94M19.03M14.76M18.14M16.78M18.99M16.49M10.86M8.93M
Depreciation Depletion Amortization0.49M0.48M0.46M0.36M0.36M0.37M0.44M0.36M0.29M0.19M
Non Operating Income0.09M0.58M0.63M0.28M-0.47M1.01M0.6M1.52M0.47M
Interest Expense2.13M2.15M2.05M1.97M1.94M1.94M2.13M1.97M1.23M1.12M
Independent Bank Pretax Income
Provision for Income Taxes5.85M6.16M5.36M3.92M5.2M4.53M5.37M4.54M2.68M2.33M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations11.81M12.45M10.56M8.2M10.57M9.45M10.1M8.96M5.12M4.8M
Extraordinary Items & Discontinued Operations----------
Independent Bank Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS18.47M18.53M18.05M17.2M17.2M17.17M17.12M16.47M15.89M12.69M
Average Shares used to compute Basic EPS18.48M18.44M17.97M17.11M17.11M17.09M17.03M16.37M15.79M12.58M
Income Before Nonrecurring Items13.76M12.45M10.56M8.92M10.57M10.23M10.89M9.55M9.02M4.97M
Income from Nonrecurring Items-1.96M---0.72M--0.78M-0.79M-0.59M-3.9M-0.17M
Independent Bank Earnings Per Share Basic Net
Independent Bank Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.740.670.580.520.610.600.640.580.570.39
Preferred Dividends Acc Pd----------
Dividends Common1.48---------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.

Before investing one should read a report on Independent Bank stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Independent Bank revenue chart, as is the case with Independent Bank indicates a growing business. One needs to compare the QoQ or YoY topline growth of IBTX stock with its peers like FBP stock and CSFL stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. IBTX stock had a healthy bottom line growth.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Independent Bank historical stock prices to check how the price has moved with time. .

Independent Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield