Independent Bank Group (IBTX) reported Q3 adjusted earnings late Monday of $0.50 per diluted share, down from $0.79 a year earlier.
Four analysts polled by Capital IQ expected $0.72.
Revenue for the quarter that ended Sept. 30, expressed as the sum of net interest income and noninterest income was $120.3 million, down from $122.7 million a year earlier.
Three analysts surveyed by Capital IQ expected $124.5 million.
The company said its board maintained a quarterly dividend of $0.38 per share, payable on Nov. 14 to stockholders of record on Oct. 31.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.