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Independent Bank (IBCP)
NASDAQ:IBCP
Total Valuation
Independent Bank has a market cap or net worth of $664.31M. The enterprise value is $595.04M.
Market Cap$664.31M
Enterprise Value$595.04M
Share Statistics
Independent Bank has 20,720,940 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding20,720,940
Owned by Insiders2.24%
Owned by Institutions11.78%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.15 and return on invested capital (ROIC) is 1.55%.
Return on Equity (ROE)0.15
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)1.55%
Return on Capital Employed (ROCE)0.02
Revenue Per Employee294.81K
Profits Per Employee91.24K
Employee Count732
Asset Turnover0.04
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Independent Bank is 10.90. Independent Bank’s PEG ratio is -10.66.
PE Ratio10.90
PS Ratio0.00
PB Ratio1.42
Price to Fair Value1.60
Price to FCF11.88
Price to Operating Cash Flow10.51
PEG Ratio-10.66
Income Statement
In the last 12 months, Independent Bank had revenue of 215.80M and earned 66.79M in profits. Earnings per share was 3.20.
Revenue215.80M
Gross Profit215.80M
Operating Income83.05M
Pretax Income83.05M
Net Income66.79M
EBITDA0.00
Earnings Per Share (EPS)3.20
Cash Flow
In the last 12 months, operating cash flow was 63.15M and capital expenditures -7.95M, giving a free cash flow of 55.20M billion.
Operating Cash Flow63.15M
Free Cash Flow55.20M
Free Cash Flow per Share2.66
Dividends & Yields
Independent Bank pays an annual dividend of $0.259, resulting in a dividend yield of 3.12%
Dividend Per Share$0.259
Dividend Yield3.12%
Payout Ratio34.58%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.83
52-Week Price Change31.88%
50-Day Moving Average30.71
200-Day Moving Average33.08
Relative Strength Index (RSI)55.77
Average Volume (3m)90.44K
Important Dates
Independent Bank upcoming earnings date is Jul 24, 2025, TBA Not Confirmed.
Last Earnings DateApr 24, 2025
Next Earnings DateJul 24, 2025
Ex-Dividend DateMay 05, 2025
Financial Position
Independent Bank as a current ratio of 0.14, with Debt / Equity ratio of 0.00%
Current Ratio0.14
Quick Ratio0.14
Debt to Market Cap0.17
Net Debt to EBITDA0.00
Interest Coverage Ratio0.83
Taxes
In the past 12 months, Independent Bank has paid 16.26M in taxes.
Income Tax16.26M
Effective Tax Rate0.20
Enterprise Valuation
Independent Bank EV to EBITDA ratio is 0.00, with an EV/FCF ratio of 13.27.
EV to Sales3.39
EV to EBITDA0.00
EV to Free Cash Flow13.27
EV to Operating Cash Flow11.60
Balance Sheet
Independent Bank has $145.27M in cash and marketable securities with $124.39M in debt, giving a net cash position of -$20.88M billion.
Cash & Marketable Securities$145.27M
Total Debt$124.39M
Net Cash-$20.88M
Net Cash Per Share-$1.01
Tangible Book Value Per Share$18.09
Margins
Gross margin is 95.13%, with operating margin of 38.48%, and net profit margin of 30.95%.
Gross Margin95.13%
Operating Margin38.48%
Pretax Margin38.48%
Net Profit Margin30.95%
EBITDA Margin0.00%
EBIT Margin-4.64%
Analyst Forecast
The average price target for Independent Bank is $35.33, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$35.33
Price Target Upside10.20% Upside
Analyst ConsensusHold
Analyst Count3
Revenue Growth Forecast5.59%
EPS Growth Forecast7.03%