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Independent Bank Corp. (NASDAQ:INDB ) Q3 2025 Earnings Call October 17, 2025 10:00 AM EDT Company Participants Jeffrey Tengel - President, CEO & Director Mark Ruggiero - Chief Financial Officer Conference Call Participants Stephen Moss - Raymond James & Associates, Inc., Research Division Mark Fitzgibbon - Piper Sandler & Co., Research Division Laura Havener Hunsicker - Seaport Research Partners David Konrad - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Good day, and welcome to the INDB Independent Bank Corp. Third Quarter 2025 Earnings Call. [Operator Instructions] Before proceeding, please note that during this call, we will be making forward-looking statements.

GRAND RAPIDS, Mich., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, announced with great sadness that Michael M. Magee, Jr., current Board member and past Chairman (2013-2024) of the Board of Directors for Independent Bank Corporation and Independent Bank, passed away on August 3, 2025.

Expands Presence in TX & CO and Adds Three Board Members WINTER HAVEN, Fla. , Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Independent Bank Group, Inc. (NASDAQ: IBTX) ("Independent Financial") on January 1, 2025, through the merger of Independent Financial with and into SouthState.

NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Acadia Pharmaceuticals Inc. (NASD: ACAD) will replace Independent Bank Group Inc. (NASD: IBTX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 3, 2025. S&P MidCap 400 constituent SouthState Corp. (NYSE: SSB) is acquiring Independent Bank Group in a deal expected to close soon pending final conditions.

Although the revenue and EPS for Independent Bank Group (IBTX) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Independent Bank Group (IBTX) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.79 per share a year ago.

MCKINNEY, Texas--(BUSINESS WIRE)--Independent Bank Group, Inc. (NASDAQ: IBTX) today announced net income of $20.4 million, or $0.49 per diluted share, for the quarter ended September 30, 2024, compared to $32.8 million, or $0.79 per diluted share for the quarter ended September 30, 2023 and net loss of $493,455 or ($11.93) per diluted share for the quarter ended June 30, 2024. Adjusted (non-GAAP) net income for the quarter ended September 30, 2024 was $20.6 million, or $0.50 per diluted share,.

While the top- and bottom-line numbers for Independent Bank Group (IBTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Independent Bank Group (IBTX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.82 per share a year ago.

NEW YORK , May 22, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Independent Bank Group, Inc. (NASDAQ: IBTX ), relating to its proposed merger with SouthState Corporation.