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INDB Independent Bank Corp
- Stocks
- Financial Services
- NASDAQ: INDB
Price (delayed)
$64.78
Market cap
$2.76B
P/E Ratio
14.59
Dividend/share
$2.3
EPS
$4.44
Enterprise value
$2.9B
Independent Bank Corp. is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe's 'Top Places to Work'
Highlights
INDB's equity is up by 5% YoY
INDB's debt is up by 23% QoQ but it is down by 16% YoY
The stock's price to earnings (P/E) is 10% less than its 5-year quarterly average of 15.4 but 9% more than its last 4 quarters average of 12.8
INDB's net income is down by 16% year-on-year
The EPS has contracted by 14% YoY
Key stats
What are the main financial stats of INDB
Market
Valuations
Earnings
Shares outstanding
42.62M
Market cap
$2.76B
Enterprise value
$2.9B
Price to earnings (P/E)
14.59
Price to book (P/B)
0.91
Price to sales (P/S)
4.21
EV/EBIT
12.01
EV/EBITDA
10.27
EV/Sales
4.44
Revenue
$654.16M
Gross profit
$654.16M
Operating income
$241.8M
Net income
$188.74M
EBIT
$241.8M
EBITDA
$282.69M
Free cash flow
$174.19M
Per share
Balance sheet
Liquidity
EPS
$4.44
EPS diluted
$4.44
Free cash flow per share
$4.09
Book value per share
$71.2
Revenue per share
$15.37
TBVPS
$444
Total assets
$19.89B
Total liabilities
$16.85B
Debt
$859.87M
Equity
$3.03B
Working capital
N/A
Debt to equity
0.28
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.51
Margins
Efficiency
Dividend
EBITDA margin
43.2%
Gross margin
100%
Net margin
28.9%
Operating margin
37%
Return on assets
1%
Return on equity
6.3%
Return on invested capital
1.3%
Return on capital employed
N/A
Return on sales
37%
Dividend yield
3.55%
DPS
$2.3
Payout ratio
51.8%
INDB stock price
How has the Independent Bank stock price performed over time
Intraday
4.74%
1 week
4.13%
1 month
20.81%
1 year
25.06%
YTD
0.92%
QTD
3.4%
Financial performance
How have Independent Bank's revenue and profit performed over time
Revenue
$654.16M
Gross profit
$654.16M
Operating income
$241.8M
Net income
$188.74M
Gross margin
100%
Net margin
28.9%
Independent Bank's operating income has decreased by 18% YoY and by 2.2% QoQ
INDB's net income is down by 16% year-on-year
The operating margin has contracted by 14% YoY and by 2.1% from the previous quarter
INDB's net margin is down by 12% YoY
Price vs fundamentals
How does INDB's price correlate with its fundamentals
Growth
What is Independent Bank's growth rate over time
Valuation
What is Independent Bank stock price valuation
P/E
14.59
P/B
0.91
P/S
4.21
EV/EBIT
12.01
EV/EBITDA
10.27
EV/Sales
4.44
The EPS has contracted by 14% YoY
The stock's price to earnings (P/E) is 10% less than its 5-year quarterly average of 15.4 but 9% more than its last 4 quarters average of 12.8
The stock's price to book (P/B) is 21% less than its 5-year quarterly average of 1.1 but 9% more than its last 4 quarters average of 0.8
INDB's equity is up by 5% YoY
INDB's price to sales (P/S) is 14% lower than its 5-year quarterly average of 4.7 but 6% higher than its last 4 quarters average of 3.8
Independent Bank's revenue has decreased by 5% YoY
Efficiency
How efficient is Independent Bank business performance
Independent Bank's ROE has decreased by 19% YoY and by 3.1% from the previous quarter
The return on assets has declined by 17% year-on-year
The ROS has contracted by 14% YoY and by 2.1% from the previous quarter
INDB's return on invested capital is down by 13% year-on-year
Dividends
What is INDB's dividend history
DPS
$2.3
Dividend yield
3.55%
Payout ratio
51.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Independent Bank financials performed over time
INDB's total assets is 18% greater than its total liabilities
INDB's total assets is up by 2.9% year-on-year and by 2.7% since the previous quarter
The total liabilities has grown by 2.9% from the previous quarter and by 2.5% YoY
INDB's debt is 72% lower than its equity
INDB's debt is up by 23% QoQ but it is down by 16% YoY
Independent Bank's debt to equity has decreased by 22% YoY but it has increased by 22% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.