Independent Bank Group, Inc. Reports Third Quarter Financial Results and Declares Quarterly Dividend
1. Net income decreased to $20.4 million from $32.8 million year-over-year. 2. Quarterly dividend declared at $0.38 per share, maintaining payout consistency. 3. Loan yields expanded to 6.07%, indicating potential revenue growth. 4. Increased total capital ratio by 151 basis points to 13.26%. 5. Strategically exited mortgage warehouse business, enhancing capital and liquidity.