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Independent Bank (IBCP)
NASDAQ:IBCP
Total Valuation
Independent Bank has a market cap or net worth of $684.98M. The enterprise value is $753.05M.
Market Cap$684.98M
Enterprise Value$753.05M
Share Statistics
Independent Bank has 20,588,446 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding20,588,446
Owned by Insiders2.57%
Owned by Institutions11.52%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.14 and return on invested capital (ROIC) is 11.15%.
Return on Equity (ROE)0.14
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)11.15%
Return on Capital Employed (ROCE)0.01
Revenue Per Employee430.85K
Profits Per Employee93.64K
Employee Count732
Asset Turnover0.06
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Independent Bank is 9.8. Independent Bank’s PEG ratio is 3.14.
PE Ratio9.8
PS Ratio2.13
PB Ratio1.34
Price to Fair Value1.34
Price to FCF9.58
Price to Operating Cash Flow8.96
PEG Ratio3.14
Income Statement
In the last 12 months, Independent Bank had revenue of 315.38M and earned 68.54M in profits. Earnings per share was 3.30.
Revenue315.38M
Gross Profit219.52M
Operating Income81.29M
Pretax Income81.29M
Net Income68.54M
EBITDA81.29M
Earnings Per Share (EPS)3.30
Cash Flow
In the last 12 months, operating cash flow was 76.66M and capital expenditures -6.49M, giving a free cash flow of 70.17M billion.
Operating Cash Flow76.66M
Free Cash Flow70.17M
Free Cash Flow per Share3.41
Dividends & Yields
Independent Bank pays an annual dividend of $0.26, resulting in a dividend yield of 3.09%
Dividend Per Share$0.26
Dividend Yield3.09%
Payout Ratio33.44%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.83
52-Week Price Change10.96%
50-Day Moving Average34.64
200-Day Moving Average32.32
Relative Strength Index (RSI)35.15
Average Volume (3m)144.04K
Important Dates
Independent Bank upcoming earnings date is Apr 23, 2026, Before Open (Confirmed).
Last Earnings DateJan 22, 2026
Next Earnings DateApr 23, 2026
Ex-Dividend Date―
Financial Position
Independent Bank as a current ratio of 370.62, with Debt / Equity ratio of 23.24%
Current Ratio370.62
Quick Ratio370.62
Debt to Market Cap0.17
Net Debt to EBITDA0.80
Interest Coverage Ratio0.91
Taxes
In the past 12 months, Independent Bank has paid 12.75M in taxes.
Income Tax12.75M
Effective Tax Rate0.16
Enterprise Valuation
Independent Bank EV to EBITDA ratio is 9.07, with an EV/FCF ratio of 10.50.
EV to Sales2.34
EV to EBITDA9.07
EV to Free Cash Flow10.50
EV to Operating Cash Flow9.61
Balance Sheet
Independent Bank has $548.14M in cash and marketable securities with $116.87M in debt, giving a net cash position of $431.28M billion.
Cash & Marketable Securities$548.14M
Total Debt$116.87M
Net Cash$431.28M
Net Cash Per Share$20.95
Tangible Book Value Per Share$22.91
Margins
Gross margin is 69.13%, with operating margin of 25.78%, and net profit margin of 21.73%.
Gross Margin69.13%
Operating Margin25.78%
Pretax Margin25.78%
Net Profit Margin21.73%
EBITDA Margin25.78%
EBIT Margin25.78%
Analyst Forecast
The average price target for Independent Bank is $37.33, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$37.33
Price Target Upside12.20% Upside
Analyst ConsensusHold
Analyst Count3
Revenue Growth Forecast4.29%
EPS Growth Forecast10.56%