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Independent Bank (INDB)
NASDAQ:INDB
Total Valuation
Independent Bank has a market cap or net worth of $2.70B. The enterprise value is $2.88B.
Market Cap$2.70B
Enterprise Value$2.88B
Share Statistics
Independent Bank has 42,618,507 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding42,618,507
Owned by Insiders0.86%
Owned by Institutions17.45%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is -2.08%.
Return on Equity (ROE)0.06
Return on Assets (ROA)<0.01
Return on Invested Capital (ROIC)-2.08%
Return on Capital Employed (ROCE)0.03
Revenue Per Employee530.29K
Profits Per Employee104.56K
Employee Count1,837
Asset Turnover0.04
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Independent Bank is 14.20. Independent Bank’s PEG ratio is 1.18.
PE Ratio14.20
PS Ratio0.00
PB Ratio1.60
Price to Fair Value0.91
Price to FCF13.66
Price to Operating Cash Flow12.62
PEG Ratio1.18
Income Statement
In the last 12 months, Independent Bank had revenue of 974.14M and earned 192.08M in profits. Earnings per share was 4.52.
Revenue974.14M
Gross Profit646.86M
Operating Income249.07M
Pretax Income247.13M
Net Income192.08M
EBITDA288.02M
Earnings Per Share (EPS)4.52
Cash Flow
In the last 12 months, operating cash flow was 234.59M and capital expenditures -20.53M, giving a free cash flow of 214.07M billion.
Operating Cash Flow234.59M
Free Cash Flow214.07M
Free Cash Flow per Share5.02
Dividends & Yields
Independent Bank pays an annual dividend of $2.296, resulting in a dividend yield of 3.72%
Dividend Per Share$2.296
Dividend Yield3.72%
Payout Ratio51.15%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.01
52-Week Price Change41.85%
50-Day Moving Average60.40
200-Day Moving Average63.31
Relative Strength Index (RSI)53.22
Average Volume (3m)262.54K
Important Dates
Independent Bank upcoming earnings date is Jul 17, 2025, TBA Not Confirmed.
Last Earnings DateApr 17, 2025
Next Earnings DateJul 17, 2025
Ex-Dividend DateMar 31, 2025
Financial Position
Independent Bank as a current ratio of 0.02, with Debt / Equity ratio of 17.74%
Current Ratio0.02
Quick Ratio0.02
Debt to Market Cap0.00
Net Debt to EBITDA0.00
Interest Coverage Ratio0.86
Taxes
In the past 12 months, Independent Bank has paid 55.05M in taxes.
Income Tax55.05M
Effective Tax Rate0.22
Enterprise Valuation
Independent Bank EV to EBITDA ratio is 0.00, with an EV/FCF ratio of 15.32.
EV to Sales4.70
EV to EBITDA0.00
EV to Free Cash Flow15.32
EV to Operating Cash Flow13.96
Balance Sheet
Independent Bank has $367.16M in cash and marketable securities with $701.37M in debt, giving a net cash position of $334.21M billion.
Cash & Marketable Securities$367.16M
Total Debt$701.37M
Net Cash$334.21M
Net Cash Per Share$7.84
Tangible Book Value Per Share$46.96
Margins
Gross margin is 100.00%, with operating margin of 36.46%, and net profit margin of 28.12%.
Gross Margin100.00%
Operating Margin36.46%
Pretax Margin36.18%
Net Profit Margin28.12%
EBITDA Margin0.00%
EBIT Margin-5.99%
Analyst Forecast
The average price target for Independent Bank is $67.50, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$67.50
Price Target Upside6.38% Upside
Analyst ConsensusHold
Analyst Count2
Revenue Growth Forecast4.22%
EPS Growth Forecast-14.27%