- Stocks
- Financial Services
- NASDAQ: INDB

Price (delayed)

$78.15

Market cap

$2.58B

P/E Ratio

18.92

Dividend/share

$1.86

EPS

$4.13

Enterprise value

$988.42M

Sector: Financial Services

Industry: Banks - Regional

INDB's debt has shrunk by 68% YoY and by 2.6% QoQ

INDB's equity is up by 2.1% YoY

INDB's net income is down by 13% year-on-year but it is up by 12% since the previous quarter

The EPS has grown by 13% from the previous quarter but it has contracted by 9% YoY

The stock's price to earnings (P/E) is 10% more than its last 4 quarters average of 17.2

What are the main financial stats of INDB

Market
Valuations
Earnings

Shares outstanding

33.03M

Market cap

$2.58B

Enterprise value

$988.42M

Price to earnings (P/E)

18.92

Price to book (P/B)

1.5

Price to sales (P/S)

5.68

EV/EBIT

5.57

EV/EBITDA

4.8

EV/Sales

2.18

Revenue

$454.26M

EBIT

$177.59M

EBITDA

$206.08M

Free cash flow

$135.23M

Per share
Balance sheet
Liquidity

EPS

$4.13

Free cash flow per share

$4.1

Book value per share

$51.95

Revenue per share

$13.77

TBVPS

$401.45

Total assets

$13.77B

Total liabilities

$12.06B

Debt

$176.39M

Equity

$1.72B

Working capital

N/A

Debt to equity

0.1

Current ratio

N/A

Quick ratio

N/A

Net debt/EBITDA

-7.73

Margins
Efficiency
Dividend

EBITDA margin

45.4%

Gross margin

100%

Net margin

30%

Operating margin

39.5%

Return on assets

1%

Return on equity

8%

Return on invested capital

1.5%

Return on capital employed

N/A

Return on sales

39.1%

Dividend yield

2.38%

DPS

$1.86

Payout ratio

45%

How has the Independent Bank stock price performed over time

Intraday

-1.76%

1 week

-5.87%

1 month

-6.4%

1 year

22.49%

YTD

7%

QTD

-7.17%

How have Independent Bank's revenue and profit performed over time

Revenue

$454.26M

Gross profit

$454.26M

Operating income

$179.3M

Net income

$136.13M

Gross margin

100%

Net margin

30%

Independent Bank's operating income has increased by 16% QoQ but it has decreased by 12% YoY

INDB's net income is down by 13% year-on-year but it is up by 12% since the previous quarter

The operating margin has grown by 9% from the previous quarter but it has contracted by 3.9% YoY

The company's gross profit fell by 8% YoY but it rose by 6% QoQ

What is Independent Bank's growth rate over time

What is Independent Bank stock price valuation

P/E

18.92

P/B

1.5

P/S

5.68

EV/EBIT

5.57

EV/EBITDA

4.8

EV/Sales

2.18

The EPS has grown by 13% from the previous quarter but it has contracted by 9% YoY

The stock's price to earnings (P/E) is 10% more than its last 4 quarters average of 17.2

The stock's price to book (P/B) is 17% less than its 5-year quarterly average of 1.8 but 15% more than its last 4 quarters average of 1.3

INDB's equity is up by 2.1% YoY

INDB's price to sales (P/S) is 11% higher than its last 4 quarters average of 5.1 and 5% higher than its 5-year quarterly average of 5.4

Independent Bank's revenue has decreased by 8% YoY but it has increased by 6% QoQ

How efficient is Independent Bank business performance

The return on assets has declined by 23% year-on-year but it is up by 11% since the previous quarter

INDB's return on invested capital is down by 17% year-on-year but it is up by 15% since the previous quarter

Independent Bank's ROE has decreased by 14% YoY but it has increased by 11% from the previous quarter

The ROS has grown by 9% from the previous quarter but it has contracted by 3.2% YoY

What is INDB's dividend history

DPS

$1.86

Dividend yield

2.38%

Payout ratio

45%

Recent dividends

How did Independent Bank financials performed over time

INDB's total assets is 14% greater than its total liabilities

The total liabilities has grown by 17% YoY and by 4.8% from the previous quarter

INDB's total assets is up by 15% year-on-year and by 4.3% since the previous quarter

INDB's debt is 90% lower than its equity

Independent Bank's debt to equity has plunged by 70% YoY and by 9% from the previous quarter

INDB's debt has shrunk by 68% YoY and by 2.6% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.