NASDAQ : IBTX

Independent Bank Group, Inc. — News

$60.67 USD

$0.28 (0.46%)

Volume
1.54M
Average Volume
275.94K
Market Capitalization
$2.51B
P/E Ratio
58.34
Dividend Yield
2.51%
Price Target
$97.00
Year High
$68.66
Year Low
$36.47
Day High
Day Low
Payout Ratio
$1.45
Current Ratio
$0.00
Source Headline
Independent Bank Corporation Appoints Nathan E. Tagg to Its Board of Directors

GRAND RAPIDS, Mich., July 22, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company for Independent Bank and Highpoint Community Bank, today announced the appointment of Nathan E. Tagg to the Boards of Directors of Independent Bank Corporation, Independent Bank, and Highpoint Community Bank, effective July 21, 2026. Mr. Tagg previously served on the Boards of Directors of HCB Financial Corp. and Highpoint Community Bank until their acquisition by the company on July 1, 2026. Mr. Tagg has also been appointed to the Audit Committee of the Independent Bank Corporation Board of Directors.

globenewswire.com - 2026-07-22 08:30:00

Independent Bank Corporation Announces Completion of the HCB Financial Corp. and Highpoint Community Bank Acquisition

GRAND RAPIDS, Mich., and HASTINGS, Mich., July 01, 2026 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.6 billion, today announced that it has completed its previously announced acquisition of HCB Financial Corp., the parent company of Highpoint Community Bank, with total assets of approximately $597 million, which has merged with and into Independent Bank Corporation.

globenewswire.com - 2026-07-01 08:00:00

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IBTX Price Target Summary

Last Month

$97.00

1 analysts

Last Quarter

$97.00

1 analysts

Last Year

$90.00

2 analysts

All Time

$67.86

7 analysts

IBTX Recent Analyst Grades

Date Analyst Firm Action Previous Grade New Grade
2024-12-04 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-11-07 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-10-23 Truist Securities Maintain Hold Hold
2024-09-20 Truist Securities Maintain Hold Hold
2024-07-29 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-07-29 Truist Securities Maintain Hold Hold
2024-07-09 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-07-08 Truist Securities Maintain Hold Hold
2024-05-31 Piper Sandler Upgrade Underweight Overweight
2024-05-29 Truist Securities Downgrade Buy Hold
2024-04-26 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-04-25 Truist Securities Maintain Buy Buy
2024-04-24 Piper Sandler Downgrade Neutral Underweight
2024-04-23 Stephens & Co. Maintain Overweight Overweight
2024-04-01 Truist Securities Maintain Buy Buy
2024-01-24 Raymond James Maintain Outperform Outperform
2024-01-24 Keefe, Bruyette & Woods Maintain Outperform Outperform
2024-01-23 Stephens & Co. Maintain Overweight Overweight
2024-01-05 Raymond James Upgrade Market Perform Outperform