Independent Bank Statistics Share Statistics Independent Bank has 49.84M
shares outstanding. The number of shares has increased by 0.32%
in one year.
Shares Outstanding 49.84M Shares Change (YoY) 0.32% Shares Change (QoQ) 0.03% Owned by Institutions (%) 86.13% Shares Floating 48.62M Failed to Deliver (FTD) Shares 2 FTD / Avg. Volume n/a
Short Selling Information The latest short interest is 1.88M, so 3.75% of the outstanding
shares have been sold short.
Short Interest 1.88M Short % of Shares Out 3.75% Short % of Float 4.92% Short Ratio (days to cover) 3.14
Valuation Ratios The PE ratio is 14.2 and the forward
PE ratio is 8.67.
Independent Bank's PEG ratio is
-0.86.
PE Ratio 14.2 Forward PE 8.67 PS Ratio 2.8 Forward PS 3.1 PB Ratio 0.91 P/FCF Ratio 13.02 PEG Ratio -0.86
Financial Ratio History Enterprise Valuation Independent Bank has an Enterprise Value (EV) of 3.21B.
EV / Sales 3.29 EV / EBITDA 11.14 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 2.44 Debt / FCF 3.35 Interest Coverage 0.85
Financial Efficiency Return on Equity is 6.42% and Return on Invested Capital is 4.72%.
Return on Equity 6.42% Return on Assets 0.99% Return on Invested Capital 4.72% Revenue Per Employee $530.29K Profits Per Employee $104.56K Employee Count 1,837 Asset Turnover 0.05 Inventory Turnover n/a
Taxes Income Tax 55.05M Effective Tax Rate 22.27%
Stock Price Statistics The stock price has increased by 12.52% in the
last 52 weeks. The beta is 0.88, so Independent Bank's
price volatility has been higher than the market average.
Beta 0.88 52-Week Price Change 12.52% 50-Day Moving Average 64.4 200-Day Moving Average 64.91 Relative Strength Index (RSI) 46.14 Average Volume (20 Days) 390,698
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.
Revenue 974.14M Gross Profit 646.86M Operating Income 247.13M Net Income 192.08M EBITDA 288.02M EBIT 247.13M Earnings Per Share (EPS) 4.52
Full Income Statement Balance 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 20.05B Working Capital -15.67B
Full Balance Sheet Cash Flow In the last 12 months, operating cash flow was 229.92M
and capital expenditures -20.43M, giving a free cash flow of 209.49M.
Operating Cash Flow 229.92M Capital Expenditures -20.43M Free Cash Flow 209.49M FCF Per Share 4.93
Full Cash Flow Statement Margins Gross margin is 66.4%, with operating and profit margins of 25.37% and 19.72%.
Gross Margin 66.4% Operating Margin 25.37% Pretax Margin 25.37% Profit Margin 19.72% EBITDA Margin 29.57% EBIT Margin 25.37% FCF Margin 21.5%
Dividends & Yields INDB pays an annual dividend of $2.89,
which amounts to a dividend yield of 3.69%.
Dividend Per Share $2.89 Dividend Yield 3.69% Dividend Growth (YoY) 3.51% Payout Ratio 65.24% Earnings Yield 7.04% FCF Yield 7.68%
Dividend Details Analyst Forecast The average price target for INDB is $72,
which is 11.9% higher than the current price. The consensus rating is "Hold".
Price Target $72 Price Target Difference 11.9% Analyst Consensus Hold Analyst Count 3
Stock Forecasts Fair Value There are several formulas that can be used to estimate the
intrinsic value of a stock.
Lynch Fair Value $22.6 Lynch Upside -64.87% Graham Number 84.63 Graham Upside 31.56%
Stock 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 -0.65 Piotroski F-Score 6
