NASDAQ : IBTX

Independent Bank Group, Inc.

$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 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
2023-12-15 Truist Securities Maintain Buy Buy
2023-10-25 Stephens & Co. Maintain Overweight Overweight
2023-07-26 Piper Sandler Downgrade Overweight Neutral
2023-07-26 Keefe, Bruyette & Woods Maintain Outperform Outperform
2023-07-26 Truist Securities Maintain Buy Buy
2023-07-25 Keefe, Bruyette & Woods Maintain Outperform Outperform
2023-07-25 Piper Sandler Downgrade Overweight Neutral
2023-07-25 Truist Securities Maintain Buy Buy
2023-07-25 Stephens & Co. Maintain Overweight Overweight
2023-07-24 Stephens & Co. Maintain Overweight Overweight
2023-06-29 Truist Securities Maintain Buy Buy
2023-06-28 Truist Securities Maintain Buy Buy
2023-04-26 Truist Securities Maintain Buy Buy
2023-04-26 Piper Sandler Maintain Overweight Overweight
2023-04-25 Truist Securities Maintain Buy Buy
2023-04-25 Stephens & Co. Maintain Overweight Overweight
2023-04-25 Piper Sandler Maintain Overweight Overweight
2023-01-25 Truist Securities Maintain Buy Buy
2023-01-24 Truist Securities Maintain Buy Buy
2022-10-26 Hovde Group Downgrade Outperform Market Perform
2022-10-26 Hovde Group Downgrade Outperform Perform
2022-10-25 Hovde Group Downgrade Outperform Market Perform
2022-09-16 Piper Sandler Maintain Overweight Overweight
2022-09-15 Piper Sandler Maintain Overweight Overweight
2022-07-06 Truist Securities Maintain Buy Buy
2022-07-05 Truist Securities Maintain Buy Buy
2022-03-09 Janney Montgomery Scott Maintain Neutral Neutral
2022-01-26 Truist Securities Maintain Buy Buy
2022-01-25 Truist Securities Maintain Buy Buy
2021-03-19 Truist Securities Maintain Buy Buy
2021-03-18 Truist Securities Maintain Buy Buy
2020-12-18 Truist Securities Maintain Buy Buy
2020-10-06 Raymond James Downgrade Outperform Market Perform
2020-10-05 Raymond James Downgrade Outperform Market Perform
2020-09-30 Piper Sandler Maintain Overweight Overweight
2020-09-29 Piper Sandler Maintain Overweight Overweight
2020-08-25 Truist Securities Maintain Hold Hold
2020-08-24 Truist Securities Maintain Hold Hold
2020-05-19 SunTrust Robinson Humphrey Maintain Hold Hold
2020-05-18 SunTrust Robinson Humphrey Maintain Hold Hold
2020-04-29 Piper Sandler Maintain Overweight Overweight
2020-04-28 Piper Sandler Maintain Overweight Overweight
2020-01-29 Stephens & Co. Upgrade Equal Weight Overweight
2020-01-28 Stephens & Co. Upgrade Equal Weight Overweight
2019-12-10 Raymond James Downgrade Outperform Market Perform
2019-12-09 Raymond James Downgrade Outperform Market Perform
2019-10-03 SunTrust Robinson Humphrey Maintain Hold Hold
2019-10-02 SunTrust Robinson Humphrey Maintain Hold Hold
2019-01-07 Raymond James Downgrade Strong Buy Outperform
2019-01-06 Raymond James Downgrade Strong Buy Outperform
2018-11-07 Raymond James Maintain Outperform Buy
2018-10-04 Raymond James Maintain Outperform Buy
2018-10-04 Raymond James Upgrade Outperform Strong Buy
2018-10-03 Raymond James Upgrade Outperform Strong Buy
2017-07-26 Keefe, Bruyette & Woods Upgrade Market Perform Outperform
2017-07-26 Keefe Bruyette & Woods Upgrade Market Perform Outperform
2017-07-25 Keefe, Bruyette & Woods Upgrade Market Perform Outperform
2016-07-27 Keefe Bruyette & Woods Maintain Market Perform Market Perform
2016-07-27 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2016-07-26 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2016-06-09 Evercore ISI Group Upgrade Hold Buy
2016-06-08 Evercore ISI Group Upgrade Hold Buy
2016-04-25 Piper Sandler Upgrade Neutral Overweight
2016-04-25 PiperJaffray Upgrade Neutral Overweight
2016-04-24 Piper Sandler Upgrade Neutral Overweight
2015-12-09 Stephens & Co. Downgrade Overweight Equal Weight
2015-12-08 Stephens & Co. Downgrade Overweight Equal Weight
2015-09-11 Evercore ISI Group Maintain Hold Hold
2015-08-03 Stifel Nicolaus Maintain Market Perform Market Perform
2015-08-03 Stifel Maintain Market Perform Market Perform
2015-08-02 Stifel Maintain Market Perform Market Perform
2015-06-29 SunTrust Robinson Humphrey Maintain Neutral Neutral
2015-06-28 SunTrust Robinson Humphrey Maintain Neutral Neutral
2015-06-12 PiperJaffray Maintain Neutral Neutral
2015-05-20 Wunderlich Maintain Buy Buy
2015-04-29 Stephens & Co. Upgrade Equal Weight Overweight
2015-04-28 Stephens & Co. Upgrade Equal Weight Overweight
2015-04-13 SunTrust Robinson Humphrey Maintain Neutral Neutral
2015-02-04 Keefe Bruyette & Woods Maintain Market Perform Market Perform
2015-02-04 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2015-02-03 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2014-10-29 Keefe Bruyette & Woods Maintain Market Perform Market Perform
2014-10-29 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2014-10-28 Keefe, Bruyette & Woods Maintain Market Perform Market Perform
2014-07-30 Macquarie Upgrade Neutral Outperform
2014-07-29 Macquarie Upgrade Neutral Outperform
2014-05-16 Sterne Agee Maintain Buy Buy
2014-04-04 Stephens & Co. Maintain Equal Weight Equal Weight
2013-04-29 Evercore Partners Maintain Overweight Overweight