Independent Bank Statistics
Share Statistics
Independent Bank has 42.54M
shares outstanding. The number of shares has increased by 0.34%
in one year.
| Shares Outstanding | 42.54M |
| Shares Change (YoY) | 0.34% |
| Shares Change (QoQ) | 0.27% |
| Owned by Institutions (%) | 83.57% |
| Shares Floating | n/a |
| Failed to Deliver (FTD) Shares | 37 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 1.88M, so 4.42% of the outstanding
shares have been sold short.
| Short Interest | 1.88M |
| Short % of Shares Out | 4.42% |
| Short % of Float | 6.13% |
| Short Ratio (days to cover) | 6.45 |
Valuation Ratios
The PE ratio is 14.2 and the forward
PE ratio is 9.18.
Independent Bank's PEG ratio is
-0.86.
| PE Ratio | 14.2 |
| Forward PE | 9.18 |
| PS Ratio | 3.99 |
| Forward PS | 2.6 |
| PB Ratio | 0.91 |
| P/FCF Ratio | 13.02 |
| PEG Ratio | -0.86 |
Financial Ratio HistoryEnterprise Valuation
Independent Bank has an Enterprise Value (EV) of 3.21B.
| EV / Sales | 4.7 |
| EV / EBITDA | 0 |
| EV / EBIT | 13.96 |
| EV / FCF | 15.32 |
Financial Position
The company has a current ratio of 0.02,
with a Debt / Equity ratio of 0.23.
| Current Ratio | 0.02 |
| Quick Ratio | 0.02 |
| Debt / Equity | 0.23 |
| Debt / EBITDA | n/a |
| Debt / FCF | 3.35 |
| Interest Coverage | 0.86 |
Financial Efficiency
Return on Equity is 6.42% and Return on Invested Capital is -2.08%.
| Return on Equity | 6.42% |
| Return on Assets | 0.99% |
| Return on Invested Capital | -2.08% |
| Revenue Per Employee | $371,863.36 |
| Profits Per Employee | $104,562.33 |
| Employee Count | 1,837 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 55.05M |
| Effective Tax Rate | 22.27% |
Stock Price Statistics
The stock price has increased by 21.28% in the
last 52 weeks. The beta is 0.84, so Independent Bank's
price volatility has been higher than the market average.
| Beta | 0.84 |
| 52-Week Price Change | 21.28% |
| 50-Day Moving Average | 60.47 |
| 200-Day Moving Average | 63.9 |
| Relative Strength Index (RSI) | 49.05 |
| Average Volume (20 Days) | 341,230 |
Income Statement
In the last 12 months, Independent Bank had revenue of 683.11M
and earned 192.08M
in profits. Earnings per share was 4.52.
| Revenue | 683.11M |
| Gross Profit | 683.11M |
| Operating Income | 249.07M |
| Net Income | 192.08M |
| EBITDA | n/a |
| EBIT | -40.89M |
| Earnings Per Share (EPS) | 4.52 |
Full Income StatementBalance Sheet
The company has 219.89M in cash and 701.37M in
debt, giving a net cash position of -481.48M.
| Cash & Cash Equivalents | 219.89M |
| Total Debt | 701.37M |
| Net Cash | -481.48M |
| Retained Earnings | 1.17B |
| Total Assets | 19.89B |
| Working Capital | n/a |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was 229.92M
and capital expenditures 0, giving a free cash flow of 209.49M.
| Operating Cash Flow | 229.92M |
| Capital Expenditures | n/a |
| Free Cash Flow | 209.49M |
| FCF Per Share | 4.93 |
Full Cash Flow StatementMargins
Gross margin is 100%, with operating and profit margins of 36.46% and 28.12%.
| Gross Margin | 100% |
| Operating Margin | 36.46% |
| Pretax Margin | 36.18% |
| Profit Margin | 28.12% |
| EBITDA Margin | n/a |
| EBIT Margin | 36.46% |
| FCF Margin | 30.67% |
Dividends & Yields
INDB pays an annual dividend of $2.87,
which amounts to a dividend yield of 3.67%.
| Dividend Per Share | $2.87 |
| Dividend Yield | 3.67% |
| Dividend Growth (YoY) | 3.51% |
| Payout Ratio | 64.64% |
| Earnings Yield | 7.04% |
| FCF Yield | 7.68% |
Dividend DetailsAnalyst Forecast
The average price target for INDB is $68.5,
which is 11.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $68.5 |
| Price Target Difference | 11.2% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock ForecastsStock Splits
The last stock split was on Oct 7, 1987. It was a
forward
split with a ratio of 3:2.
| Last Split Date | Oct 7, 1987 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 0.26 |
| Piotroski F-Score | 7 |
