Independent Bank Net Worth
Independent Bank Net Worth Breakdown | INDB |
Independent Bank Net Worth Analysis
Independent Bank's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Independent Bank's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Independent Bank's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Independent Bank's net worth analysis. One common approach is to calculate Independent Bank's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Independent Bank's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Independent Bank's net worth. This approach calculates the present value of Independent Bank's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Independent Bank's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Independent Bank's net worth. This involves comparing Independent Bank's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Independent Bank's net worth relative to its peers.
Enterprise Value |
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To determine if Independent Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Independent Bank's net worth research are outlined below:
| Independent Bank has a poor financial position based on the latest SEC disclosures | |
| Over 83.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Have Independent Bank Insiders Been Selling Stock |
Independent Bank Quarterly Good Will |
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Independent Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Independent Bank. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independent Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Know Independent Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Independent Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independent Bank backward and forwards among themselves. Independent Bank's institutional investor refers to the entity that pools money to purchase Independent Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Btim Corp | 2024-09-30 | 619.3 K | Northern Trust Corp | 2024-09-30 | 577.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 523.7 K | Bank Of New York Mellon Corp | 2024-09-30 | 433.4 K | American Century Companies Inc | 2024-09-30 | 423.3 K | Amvescap Plc. | 2024-09-30 | 406.8 K | Norges Bank | 2024-06-30 | 378.6 K | Gw&k Investment Management, Llc | 2024-09-30 | 365.5 K | Jpmorgan Chase & Co | 2024-09-30 | 338.6 K | Blackrock Inc | 2024-06-30 | 6.1 M | Vanguard Group Inc | 2024-09-30 | 5 M |
Follow Independent Bank's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.1 B.Market Cap |
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Project Independent Bank's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.04 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.08 | 0.08 |
When accessing Independent Bank's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Independent Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Independent Bank's profitability and make more informed investment decisions.
Please note, the presentation of Independent Bank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent Bank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Independent Bank's management manipulating its earnings.
Evaluate Independent Bank's management efficiency
Independent Bank has return on total asset (ROA) of 0.0101 % which means that it generated a profit of $0.0101 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0672 %, meaning that it created $0.0672 on every $100 dollars invested by stockholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities. As of December 2, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Independent Bank's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 20.1 B, whereas Other Assets are forecasted to decline to about 17.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 65.53 | 46.34 | |
| Tangible Book Value Per Share | 42.82 | 40.94 | |
| Enterprise Value Over EBITDA | 10.94 | 12.69 | |
| Price Book Value Ratio | 1.00 | 1.78 | |
| Enterprise Value Multiple | 10.94 | 12.69 | |
| Price Fair Value | 1.00 | 1.78 | |
| Enterprise Value | 3.9 B | 4.1 B |
Management at Independent Bank focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Enterprise Value Revenue 5.4745 | Revenue 655.5 M | Quarterly Revenue Growth (0.12) | Revenue Per Share 15.336 | Return On Equity 0.0672 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independent Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independent Bank Corporate Filings
8K | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 31st of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
ASR | 8th of August 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
10Q | 6th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Independent Bank Earnings per Share Projection vs Actual
Independent Bank Corporate Management
| Lee Powlus | Chief VP | Profile | |
| CFA CFA | MD Company | Profile | |
| Dawn Mugford | Executive Officer | Profile | |
| Timothy Lane | Senior Auditor | Profile | |
| Patricia Esq | Executive Counsel | Profile | |
| Barry Jensen | CIO of Rockland Trust | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.