Independent Bank Shares Owned By Insiders vs. Current Valuation

INDB Stock  USD 72.34  0.76  1.06%   
Taking into consideration Independent Bank's profitability measurements, Independent Bank may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Independent Bank's ability to earn profits and add value for shareholders. As of December 5, 2024, Price To Sales Ratio is expected to decline to 2.66. In addition to that, EV To Sales is expected to decline to 3.26. At present, Independent Bank's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 251.5 M, whereas Accumulated Other Comprehensive Income is projected to grow to (106 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.790.89
Fairly Down
Slightly volatile
Operating Profit Margin0.660.396
Way Up
Very volatile
For Independent Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Independent Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Independent Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Independent Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Independent Bank over time as well as its relative position and ranking within its peers.
  

Independent Bank's Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
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
4.65
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.

Independent Bank Current Valuation vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Independent Bank's current stock value. Our valuation model uses many indicators to compare Independent Bank value to that of its competitors to determine the firm's financial worth.
Independent Bank is rated below average in shares owned by insiders category among its peers. It is considered the number one company in current valuation category among its peers reporting about  2,907,097,333  of Current Valuation per Shares Owned By Insiders. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Independent Bank's earnings, one of the primary drivers of an investment's value.

Independent Current Valuation vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Independent Bank

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
1.15 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Independent Bank

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
3.35 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Independent Current Valuation vs Competition

Independent Bank is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 21.71 Billion. Independent Bank retains roughly 3.35 Billion in current valuation claiming about 15% of equities under Financials industry.

Independent Bank Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Independent Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Independent Bank will eventually generate negative long term returns. The profitability progress is the general direction of Independent Bank's change in net profit over the period of time. It can combine multiple indicators of Independent Bank, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-111.5 M-106 M
Operating Income315.1 M330.9 M
Net Income239.5 M251.5 M
Income Tax Expense75.6 M79.4 M
Income Before Tax315.1 M330.9 M
Total Other Income Expense Net315.1 M330.9 M
Net Income Applicable To Common Shares303.4 M318.6 M
Net Income From Continuing Ops239.5 M123.5 M
Net Interest Income606.5 M413.4 M
Interest Income795.7 M462.7 M
Change To Netincome-20.8 M-19.8 M
Net Income Per Share 5.42  5.69 
Income Quality 1.16  1.10 
Net Income Per E B T 0.76  0.58 

Independent Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Independent Bank. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Independent Bank position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Independent Bank's important profitability drivers and their relationship over time.

Use Independent Bank in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independent Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independent Bank will appreciate offsetting losses from the drop in the long position's value.

Independent Bank Pair Trading

Independent Bank Pair Trading Analysis

The ability to find closely correlated positions to Independent Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independent Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independent Bank to buy it.
The correlation of Independent Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independent Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Independent Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Independent Bank position

In addition to having Independent Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Chemicals Makers Thematic Idea Now

Chemicals Makers
Chemicals Makers Theme
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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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 Risk vs Return Analysis.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project Independent Bank's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Independent Bank at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Independent Bank's income statement, its balance sheet, and the statement of cash flows.
Potential Independent Bank investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Independent Bank investors may work on each financial statement separately, they are all related. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independent Bank's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.