Independent Total Assets from 2010 to 2024

INDB Stock  USD 72.39  0.60  0.82%   
Independent Bank's Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 20.3 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1991-09-30
Previous Quarter
19.4 B
Current Value
19.4 B
Quarterly Volatility
5.5 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Interest Expense of 198.7 M, Other Operating Expenses of 504.6 M or Operating Income of 330.9 M, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0183 or PTB Ratio of 1.78. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.
  
Check out the analysis of Independent Bank Correlation against competitors.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

Latest Independent Bank's Total Assets Growth Pattern

Below is the plot of the Total Assets of Independent Bank over the last few years. Total assets refers to the total amount of Independent Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Independent Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Independent Bank's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 19.35 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Independent Total Assets Regression Statistics

Arithmetic Mean10,657,990,977
Geometric Mean8,498,438,054
Coefficient Of Variation59.77
Mean Deviation5,337,495,172
Median8,082,029,000
Standard Deviation6,369,941,120
Sample Variance40576149.9T
Range19.6B
R-Value0.95
Mean Square Error4535882.2T
R-Squared0.90
Slope1,348,411,273
Total Sum of Squares568066098.2T

Independent Total Assets History

202420.3 B
202319.3 B
202219.3 B
202120.4 B
202013.2 B
201911.4 B
20188.9 B

Other Fundumenentals of Independent Bank

Independent Bank Total Assets component correlations

1.0-0.080.960.52-0.450.370.850.990.550.280.94-0.290.980.980.96-0.280.110.80.840.030.910.94
1.0-0.060.960.52-0.510.370.850.990.570.350.95-0.310.990.990.98-0.30.10.820.860.080.930.96
-0.08-0.060.130.64-0.20.7-0.350.010.64-0.390.21-0.760.050.010.07-0.17-0.05-0.190.040.080.01-0.15
0.960.960.130.63-0.470.480.760.970.670.170.96-0.460.950.960.93-0.160.120.760.870.090.870.85
0.520.520.640.63-0.170.640.270.570.65-0.290.72-0.590.590.540.6-0.50.070.170.38-0.310.490.44
-0.45-0.51-0.2-0.47-0.17-0.35-0.27-0.5-0.56-0.69-0.550.46-0.58-0.57-0.60.190.14-0.65-0.59-0.32-0.61-0.58
0.370.370.70.480.64-0.350.00.460.91-0.260.56-0.890.490.440.49-0.45-0.10.150.36-0.140.430.3
0.850.85-0.350.760.27-0.270.00.80.170.340.710.080.780.790.76-0.130.130.860.80.140.840.84
0.990.990.010.970.57-0.50.460.80.650.280.97-0.410.990.990.98-0.320.10.780.850.00.920.93
0.550.570.640.670.65-0.560.910.170.65-0.010.74-0.950.680.650.68-0.39-0.060.370.57-0.010.620.49
0.280.35-0.390.17-0.29-0.69-0.260.340.28-0.010.240.140.340.380.37-0.07-0.040.540.430.330.430.5
0.940.950.210.960.72-0.550.560.710.970.740.24-0.530.980.970.98-0.410.080.710.82-0.010.910.9
-0.29-0.31-0.76-0.46-0.590.46-0.890.08-0.41-0.950.14-0.53-0.43-0.41-0.440.280.03-0.16-0.40.08-0.4-0.21
0.980.990.050.950.59-0.580.490.780.990.680.340.98-0.430.991.0-0.390.060.790.850.030.940.96
0.980.990.010.960.54-0.570.440.790.990.650.380.97-0.410.990.99-0.330.080.80.870.060.940.95
0.960.980.070.930.6-0.60.490.760.980.680.370.98-0.441.00.99-0.450.060.770.830.010.940.96
-0.28-0.3-0.17-0.16-0.50.19-0.45-0.13-0.32-0.39-0.07-0.410.28-0.39-0.33-0.450.130.01-0.050.5-0.39-0.46
0.110.1-0.050.120.070.14-0.10.130.1-0.06-0.040.080.030.060.080.060.130.030.070.020.030.03
0.80.82-0.190.760.17-0.650.150.860.780.370.540.71-0.160.790.80.770.010.030.910.330.880.81
0.840.860.040.870.38-0.590.360.80.850.570.430.82-0.40.850.870.83-0.050.070.910.230.920.79
0.030.080.080.09-0.31-0.32-0.140.140.0-0.010.33-0.010.080.030.060.010.50.020.330.230.060.04
0.910.930.010.870.49-0.610.430.840.920.620.430.91-0.40.940.940.94-0.390.030.880.920.060.94
0.940.96-0.150.850.44-0.580.30.840.930.490.50.9-0.210.960.950.96-0.460.030.810.790.040.94
Click cells to compare fundamentals

About Independent Bank Financial Statements

Independent Bank stakeholders use historical fundamental indicators, such as Independent Bank's Total Assets, to determine how well the company is positioned to perform in the future. Although Independent Bank investors may analyze each financial statement separately, they are all interrelated. For example, changes in Independent Bank's assets and liabilities are reflected in the revenues and expenses on Independent Bank's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Independent Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets19.3 B20.3 B
Intangibles To Total Assets 0.05  0.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out the analysis of Independent Bank Correlation against competitors.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
2.26
Earnings Share
4.6
Revenue Per Share
15.336
Quarterly Revenue Growth
(0.12)
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.