Independent Bank (IBCP)
NASDAQ:IBCP
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Total Valuation
Independent Bank has a market cap or net worth of $716.06M. The enterprise value is $732.84M.
Market Cap$716.06M
Enterprise Value$732.84M
Share Statistics
Independent Bank has 20,606,157 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding20,606,157
Owned by Insiders2.56%
Owned by Institutions11.60%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.14 and return on invested capital (ROIC) is 9.21%.
Return on Equity (ROE)0.14
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)9.21%
Return on Capital Employed (ROCE)0.11
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 10.2. Independent Bank’s PEG ratio is 3.14.
PE Ratio10.2
PS Ratio2.13
PB Ratio1.34
Price to Fair Value1.34
Price to FCF9.58
Price to Operating Cash Flow19.97
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 35.81M and capital expenditures -9.98M, giving a free cash flow of 25.82M billion.
Operating Cash Flow35.81M
Free Cash Flow25.82M
Free Cash Flow per Share1.25
Dividends & Yields
Independent Bank pays an annual dividend of $0.28, resulting in a dividend yield of 3.09%
Dividend Per Share$0.28
Dividend Yield3.09%
Payout Ratio33.44%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.81
52-Week Price Change13.77%
50-Day Moving Average33.69
200-Day Moving Average32.78
Relative Strength Index (RSI)57.66
Average Volume (3m)212.08K
Important Dates
Independent Bank upcoming earnings date is Jul 23, 2026, Before Open (Confirmed).
Last Earnings DateApr 23, 2026
Next Earnings DateJul 23, 2026
Ex-Dividend Date―
Financial Position
Independent Bank as a current ratio of 0.03, with Debt / Equity ratio of 14.52%
Current Ratio0.03
Quick Ratio0.03
Debt to Market Cap0.17
Net Debt to EBITDA-0.26
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 8.01, with an EV/FCF ratio of 9.28.
EV to Sales2.06
EV to EBITDA8.01
EV to Free Cash Flow9.28
EV to Operating Cash Flow8.49
Balance Sheet
Independent Bank has $48.48M in cash and marketable securities with $74.11M in debt, giving a net cash position of -$25.64M billion.
Cash & Marketable Securities$48.48M
Total Debt$74.11M
Net Cash-$25.64M
Net Cash Per Share-$1.24
Tangible Book Value Per Share$21.39
Margins
Gross margin is 70.31%, with operating margin of 25.78%, and net profit margin of 21.73%.
Gross Margin70.31%
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 $37.00, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$37.00
Price Target Upside6.35% Upside
Analyst ConsensusHold
Analyst Count3
Revenue Growth Forecast-0.77%
EPS Growth Forecast6.41%