April 4 - The NASDAQ OMX Group Inc. (NASDAQ: NDAQ) has announced that the trading of Independent Bank Group Inc. (NASDAQ: IBTX) HAS commenced on the NASDAQ Global Market.
Independent Bank Group is a bank holding company headquartered in McKinney, Texas. Through its wholly owned subsidiary, Independent Bank, the Company provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank operates 30 banking offices in 26 communities in two market regions located in the Dallas/Fort Worth metropolitan area and the greater Austin, Texas, area. As of Dec. 31, 2012, the Company had total assets of approximately $1.7 billion, total loans of approximately $1.4 billion and total deposits of approximately $1.4 billion.
"Independent Bank Group has continuously expanded since its first acquisition in 1988," said Bob Greifeld, CEO, NASDAQ OMX. "We are thrilled to welcome Independent Bank Group to the NASDAQ family, and we look forward to supporting its continued growth and success as a public company."
Independent Bank Group joins some of the world's most progressive and innovative companies by listing on The NASDAQ Stock Market, which is home to more than 550 financial and real estate companies - more than any other U.S. exchange.