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    Independent Bank Corporat...

    NASDAQ: IBCP · Real-Time Price · USD
    31.36
    0.52 (1.69%)
    At close: Jun 06, 2025, 11:18 AM

    Independent Bank Statistics

    Share Statistics

    Independent Bank has 20.72M shares outstanding. The number of shares has increased by 0.34% in one year.

    Shares Outstanding

    n/a
    		 20.72M

    Shares Change (YoY)

    n/a
    		 0.34%

    Shares Change (QoQ)

    n/a
    		 0.38%

    Owned by Institutions (%)

    n/a
    		 84.33%

    Shares Floating

    n/a
    		 n/a

    Failed to Deliver (FTD) Shares

    n/a
    		 477

    FTD / Avg. Volume

    n/a
    		 0.49%

    Short Selling Information

    The latest short interest is 219.48K, so 1.06% of the outstanding shares have been sold short.

    Short Interest

    n/a
    		 219.48K

    Short % of Shares Out

    n/a
    		 1.06%

    Short % of Float

    n/a
    		 1.32%

    Short Ratio (days to cover)

    n/a
    		 2.5

    Valuation Ratios

    The PE ratio is 10.88 and the forward PE ratio is 9.2. Independent Bank's PEG ratio is 0.81.

    PE Ratio

    n/a
    		 10.88

    Forward PE

    n/a
    		 9.2

    PS Ratio

    n/a
    		 3.37

    Forward PS

    n/a
    		 2.6

    PB Ratio

    n/a
    		 1.6

    P/FCF Ratio

    n/a
    		 13.17

    PEG Ratio

    n/a
    		 0.81
    Financial Ratio History

    Enterprise Valuation

    Independent Bank has an Enterprise Value (EV) of 731.48M.

    EV / Sales

    n/a
    		 3.39

    EV / EBITDA

    n/a
    		 7.86

    EV / EBIT

    n/a
    		 11.58

    EV / FCF

    n/a
    		 13.25

    Financial Position

    The company has a current ratio of 0.14, with a Debt / Equity ratio of 0.27.

    Current Ratio

    n/a
    		 0.14

    Quick Ratio

    n/a
    		 0.14

    Debt / Equity

    n/a
    		 0.27

    Debt / EBITDA

    n/a
    		 1.34

    Debt / FCF

    n/a
    		 2.25

    Interest Coverage

    n/a
    		 0.83

    Financial Efficiency

    Return on Equity is 14.69% and Return on Invested Capital is 1.55%.

    Return on Equity

    n/a
    		 14.69%

    Return on Assets

    n/a
    		 1.25%

    Return on Invested Capital

    n/a
    		 1.55%

    Revenue Per Employee

    n/a
    		 $294,811.48

    Profits Per Employee

    n/a
    		 $91,243.17

    Employee Count

    n/a
    		 732

    Asset Turnover

    n/a
    		 0.04

    Inventory Turnover

    n/a
    		 n/a

    Taxes

    Income Tax

    n/a
    		 16.26M

    Effective Tax Rate

    n/a
    		 19.57%

    Stock Price Statistics

    The stock price has increased by 25.98% in the last 52 weeks. The beta is 0.82, so Independent Bank's price volatility has been higher than the market average.

    Beta

    n/a
    		 0.82

    52-Week Price Change

    n/a
    		 25.98%

    50-Day Moving Average

    n/a
    		 30.9

    200-Day Moving Average

    n/a
    		 33.55

    Relative Strength Index (RSI)

    n/a
    		 43.53

    Average Volume (20 Days)

    n/a
    		 97,942

    Income Statement

    In the last 12 months, Independent Bank had revenue of 215.8M and earned 66.79M in profits. Earnings per share was 3.2.

    Revenue

    n/a
    		 215.8M

    Gross Profit

    n/a
    		 211.68M

    Operating Income

    n/a
    		 83.05M

    Net Income

    n/a
    		 66.79M

    EBITDA

    n/a
    		 93.05M

    EBIT

    n/a
    		 83.05M

    Earnings Per Share (EPS)

    n/a
    		 3.2
    Full Income Statement

    Balance Sheet

    The company has 119.88M in cash and 124.39M in debt, giving a net cash position of -4.51M.

    Cash & Cash Equivalents

    n/a
    		 119.88M

    Total Debt

    n/a
    		 124.39M

    Net Cash

    n/a
    		 -4.51M

    Retained Earnings

    n/a
    		 205.85M

    Total Assets

    n/a
    		 5.33B

    Working Capital

    n/a
    		 -4.04B
    Full Balance Sheet

    Cash Flow

    In the last 12 months, operating cash flow was 63.15M and capital expenditures -7.95M, giving a free cash flow of 55.2M.

    Operating Cash Flow

    n/a
    		 63.15M

    Capital Expenditures

    n/a
    		 -7.95M

    Free Cash Flow

    n/a
    		 55.2M

    FCF Per Share

    n/a
    		 2.64
    Full Cash Flow Statement

    Margins

    Gross margin is 98.09%, with operating and profit margins of 38.48% and 30.95%.

    Gross Margin

    n/a
    		 98.09%

    Operating Margin

    n/a
    		 38.48%

    Pretax Margin

    n/a
    		 38.48%

    Profit Margin

    n/a
    		 30.95%

    EBITDA Margin

    n/a
    		 43.12%

    EBIT Margin

    n/a
    		 38.48%

    FCF Margin

    n/a
    		 25.58%

    Dividends & Yields

    IBCP pays an annual dividend of $1, which amounts to a dividend yield of 3.19%.

    Dividend Per Share

    n/a
    		 $1.00

    Dividend Yield

    n/a
    		 3.19%

    Dividend Growth (YoY)

    n/a
    		 8.33%

    Payout Ratio

    n/a
    		 31.85%

    Earnings Yield

    n/a
    		 9.19%

    FCF Yield

    n/a
    		 7.59%
    Dividend Details

    Analyst Forecast

    The average price target for IBCP is $36, which is 16.7% higher than the current price. The consensus rating is "Hold".

    Price Target

    n/a
    		 $36

    Price Target Difference

    n/a
    		 16.7%

    Analyst Consensus

    n/a
    		 Hold

    Analyst Count

    n/a
    		 3
    Stock Forecasts

    Fair Value

    There are several formulas that can be used to estimate the intrinsic value of a stock.

    Lynch Fair Value

    n/a
    		 $16

    Lynch Upside

    n/a
    		 -48.12%

    Graham Number

    n/a
    		 39.6

    Graham Upside

    n/a
    		 28.4%

    Stock Splits

    The last stock split was on Sep 1, 2010. It was a backward split with a ratio of 1:10.

    Last Split Date

    n/a
    		 Sep 1, 2010

    Split Type

    n/a
    		 backward

    Split Ratio

    n/a
    		 1:10

    Scores

    Altman Z-Score

    n/a
    		 -0.65

    Piotroski F-Score

    n/a
    		 6

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