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Independent Bank (IBCP)
NASDAQ:IBCP
Total Valuation
Independent Bank has a market cap or net worth of $685.94M. The enterprise value is $639.72M.
Market Cap$685.94M
Enterprise Value$639.72M
Share Statistics
Independent Bank has 20,691,952 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding20,691,952
Owned by Insiders2.44%
Owned by Institutions12.24%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.15 and return on invested capital (ROIC) is 9.76%.
Return on Equity (ROE)0.15
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)9.76%
Return on Capital Employed (ROCE)0.12
Revenue Per Employee432.14K
Profits Per Employee91.24K
Employee Count732
Asset Turnover0.06
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Independent Bank is 10.2. Independent Bank’s PEG ratio is 0.81.
PE Ratio10.2
PS Ratio2.30
PB Ratio1.60
Price to Fair Value1.60
Price to FCF13.17
Price to Operating Cash Flow7.31
PEG Ratio0.81
Income Statement
In the last 12 months, Independent Bank had revenue of 316.33M and earned 66.79M in profits. Earnings per share was 3.20.
Revenue316.33M
Gross Profit211.68M
Operating Income83.05M
Pretax Income83.05M
Net Income66.79M
EBITDA93.05M
Earnings Per Share (EPS)3.20
Cash Flow
In the last 12 months, operating cash flow was 85.24M and capital expenditures -9.07M, giving a free cash flow of 76.17M billion.
Operating Cash Flow85.24M
Free Cash Flow76.17M
Free Cash Flow per Share3.68
Dividends & Yields
Independent Bank pays an annual dividend of $0.26, resulting in a dividend yield of 3.06%
Dividend Per Share$0.26
Dividend Yield3.06%
Payout Ratio33.44%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.83
52-Week Price Change-7.79%
50-Day Moving Average31.18
200-Day Moving Average31.17
Relative Strength Index (RSI)69.70
Average Volume (3m)126.87K
Important Dates
Independent Bank upcoming earnings date is Jan 22, 2026, Before Open (Confirmed).
Last Earnings DateOct 28, 2025
Next Earnings DateJan 22, 2026
Ex-Dividend DateNov 04, 2025
Financial Position
Independent Bank as a current ratio of 0.03, with Debt / Equity ratio of 8.53%
Current Ratio0.03
Quick Ratio0.03
Debt to Market Cap0.17
Net Debt to EBITDA0.05
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 7.86, with an EV/FCF ratio of 13.25.
EV to Sales2.31
EV to EBITDA7.86
EV to Free Cash Flow13.25
EV to Operating Cash Flow11.58
Balance Sheet
Independent Bank has $392.62M in cash and marketable securities with $41.85M in debt, giving a net cash position of $350.76M billion.
Cash & Marketable Securities$392.62M
Total Debt$41.85M
Net Cash$350.76M
Net Cash Per Share$16.95
Tangible Book Value Per Share$18.12
Margins
Gross margin is 51.20%, with operating margin of 26.25%, and net profit margin of 21.11%.
Gross Margin51.20%
Operating Margin26.25%
Pretax Margin26.25%
Net Profit Margin21.11%
EBITDA Margin29.42%
EBIT Margin26.25%
Analyst Forecast
The average price target for Independent Bank is $35.50, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$35.50
Price Target Upside4.44% Upside
Analyst ConsensusHold
Analyst Count2
Revenue Growth Forecast4.29%
EPS Growth Forecast10.56%