David Brooks - Independent Bank Chairman
Chairman
Mr. David R. Brooks is Chairman of the Board, President, Chief Executive Officer of the Company. He has served as Chairman of the Board, Chief Executive Officer and director since the Company was formed in 2002. He was active in community banking since the early 1980s and founded the Company in 1988. Mr. Brooks has a long history of community and civic involvement, and is passionate about education. He served as a McKinney City Councilman. He served five years as President of the Board of Trustees at McKinney Independent School District and three years on both the McKinney Economic Development Corporation Board and the McKinney Chamber of Commerce Board since 2016.
| Age | 66 |
| Tenure | 9 years |
| Phone | 972 562 9004 |
| Web | https://www.independent-bank.com |
David Brooks Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Brooks against Independent Bank stock is an integral part of due diligence when investing in Independent Bank. David Brooks insider activity provides valuable insight into whether Independent Bank is net buyers or sellers over its current business cycle. Note, Independent Bank insiders must abide by specific rules, including filing SEC forms every time they buy or sell Independent Bank'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Brooks over a year ago Disposition of 1204 shares by David Brooks of Independent Bank at 44.69 subject to Rule 16b-3 |
Independent Bank Management Efficiency
The company has return on total asset (ROA) of (0.0234) % which means that it has lost $0.0234 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2028) %, meaning that it created substantial loss on money invested by shareholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities.Independent Bank Group currently holds 676.44 M in liabilities with Debt to Equity (D/E) ratio of 7.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Independent Bank's use of debt, we should always consider it together with its cash and equity.
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Management Performance
| Return On Equity | -0.2 | |||
| Return On Asset | -0.0234 |
Independent Bank Leadership Team
Elected by the shareholders, the Independent Bank's board of directors comprises two types of representatives: Independent Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independent. The board's role is to monitor Independent Bank's management team and ensure that shareholders' interests are well served. Independent Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independent Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Esq, Exec Counsel | ||
| Brenda Montgomery, Chief Officer | ||
| Peggy Smolen, Senior Communications | ||
| Paul Langdale, Executive CFO | ||
| Michael Hobbs, President COO | ||
| Leslie Beseda, Senior Reporting | ||
| Daniel Strodel, Executive Officer | ||
| Ankita Puri, Executive Officer | ||
| James Tippit, Executive Vice President - Corporate Responsibility | ||
| Charles Cartwright, Senior Officer | ||
| Daniel App, EVP Operations | ||
| John Turpen, Executive Officer | ||
| Bill Wade, EVP Officer | ||
| David Brooks, Chairman, CEO and Member of Strategic Planning Committee | ||
| Schwinn Feng, Chief Officer |
Independent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independent Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.2 | |||
| Return On Asset | -0.0234 | |||
| Profit Margin | (0.93) % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 1.69 B | |||
| Shares Outstanding | 41.44 M | |||
| Shares Owned By Insiders | 13.51 % | |||
| Shares Owned By Institutions | 79.00 % | |||
| Number Of Shares Shorted | 2.17 M | |||
| Price To Earning | 13.02 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Independent Stock
If you are still planning to invest in Independent Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independent Bank's history and understand the potential risks before investing.
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