Independent Bank Corporat... (IBCP)
Independent Bank Statistics
Share Statistics
Independent Bank has 20.72M shares outstanding. The number of shares has increased by 0.34% in one year.
| 20.72M |
| 0.34% |
| 0.38% |
| 84.33% |
| n/a |
| 477 |
| 0.49% |
Short Selling Information
The latest short interest is 219.48K, so 1.06% of the outstanding shares have been sold short.
| 219.48K |
| 1.06% |
| 1.32% |
| 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.
| 10.88 |
| 9.2 |
| 3.37 |
| 2.6 |
| 1.6 |
| 13.17 |
| 0.81 |
Enterprise Valuation
Independent Bank has an Enterprise Value (EV) of 731.48M.
| 3.39 |
| 7.86 |
| 11.58 |
| 13.25 |
Financial Position
The company has a current ratio of 0.14, with a Debt / Equity ratio of 0.27.
| 0.14 |
| 0.14 |
| 0.27 |
| 1.34 |
| 2.25 |
| 0.83 |
Financial Efficiency
Return on Equity is 14.69% and Return on Invested Capital is 1.55%.
| 14.69% |
| 1.25% |
| 1.55% |
| $294,811.48 |
| $91,243.17 |
| 732 |
| 0.04 |
| n/a |
Taxes
| 16.26M |
| 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.
| 0.82 |
| 25.98% |
| 30.9 |
| 33.55 |
| 43.53 |
| 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.
| 215.8M |
| 211.68M |
| 83.05M |
| 66.79M |
| 93.05M |
| 83.05M |
| 3.2 |
Balance Sheet
The company has 119.88M in cash and 124.39M in debt, giving a net cash position of -4.51M.
| 119.88M |
| 124.39M |
| -4.51M |
| 205.85M |
| 5.33B |
| -4.04B |
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.
| 63.15M |
| -7.95M |
| 55.2M |
| 2.64 |
Margins
Gross margin is 98.09%, with operating and profit margins of 38.48% and 30.95%.
| 98.09% |
| 38.48% |
| 38.48% |
| 30.95% |
| 43.12% |
| 38.48% |
| 25.58% |
Dividends & Yields
IBCP pays an annual dividend of $1, which amounts to a dividend yield of 3.19%.
| $1.00 |
| 3.19% |
| 8.33% |
| 31.85% |
| 9.19% |
| 7.59% |
Analyst Forecast
The average price target for IBCP is $36, which is 16.7% higher than the current price. The consensus rating is "Hold".
| $36 |
| 16.7% |
| Hold |
| 3 |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| $16 |
| -48.12% |
| 39.6 |
| 28.4% |
Stock Splits
The last stock split was on Sep 1, 2010. It was a backward split with a ratio of 1:10.
| Sep 1, 2010 |
| backward |
| 1:10 |
Scores
| -0.65 |
| 6 |