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Total Valuation
Independent Bank has a market cap or net worth of $853.78M. The enterprise value is $860.36.
Market Cap$853.78M
Enterprise Value$860.36
Share Statistics
Independent Bank has 22,199,295 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding22,199,295
Owned by Insiders2.19%
Owned by Institutions9.16%
Financial Efficiency
Independent Bank’s return on equity (ROE) is 0.14 and return on invested capital (ROIC) is 9.21%.
Return on Equity (ROE)0.14
Return on Assets (ROA)0.01
Return on Invested Capital (ROIC)9.21%
Return on Capital Employed (ROCE)0.11
Revenue Per Employee403.82K
Profits Per Employee87.76K
Employee Count781
Asset Turnover0.06
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Independent Bank is 11.0. Independent Bank’s PEG ratio is 3.15.
PE Ratio11.0
PS Ratio2.13
PB Ratio1.34
Price to Fair Value1.34
Price to FCF9.58
Price to Operating Cash Flow20.88
PEG Ratio3.15
Income Statement
In the last 12 months, Independent Bank had revenue of 315.38M and earned 68.54M in profits. Earnings per share was 3.30.
Revenue315.38M
Gross Profit219.52M
Operating Income81.29M
Pretax Income81.29M
Net Income68.54M
EBITDA91.20M
Earnings Per Share (EPS)3.30
Cash Flow
In the last 12 months, operating cash flow was 37.81M and capital expenditures -3.09M, giving a free cash flow of 34.72M billion.
Operating Cash Flow37.81M
Free Cash Flow34.72M
Free Cash Flow per Share1.56
Dividends & Yields
Independent Bank pays an annual dividend of $0.28, resulting in a dividend yield of 2.87%
Dividend Per Share$0.28
Dividend Yield2.87%
Payout Ratio25.41%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.84
52-Week Price Change28.22%
50-Day Moving Average36.13
200-Day Moving Average33.82
Relative Strength Index (RSI)63.64
Average Volume (3m)212.08K
Important Dates
Independent Bank upcoming earnings date is Oct 27, 2026, Before Open (Confirmed).
Last Earnings DateJul 23, 2026
Next Earnings DateOct 27, 2026
Ex-Dividend Date―
Financial Position
Independent Bank as a current ratio of 0.03, with Debt / Equity ratio of 31.59%
Current Ratio0.03
Quick Ratio0.03
Debt to Market Cap0.17
Net Debt to EBITDA-0.24
Interest Coverage Ratio0.91
Taxes
In the past 12 months, Independent Bank has paid 12.75M in taxes.
Income Tax12.75M
Effective Tax Rate0.16
Enterprise Valuation
Independent Bank EV to EBITDA ratio is 7.14, with an EV/FCF ratio of 9.28.
EV to Sales2.06
EV to EBITDA7.14
EV to Free Cash Flow9.28
EV to Operating Cash Flow8.49
Balance Sheet
Independent Bank has $558.04M in cash and marketable securities with $166.90M in debt, giving a net cash position of $391.14M billion.
Cash & Marketable Securities$558.04M
Total Debt$166.90M
Net Cash$391.14M
Net Cash Per Share$17.62
Tangible Book Value Per Share$21.39
Margins
Gross margin is 71.30%, with operating margin of 25.78%, and net profit margin of 21.73%.
Gross Margin71.30%
Operating Margin25.78%
Pretax Margin25.78%
Net Profit Margin21.73%
EBITDA Margin28.92%
EBIT Margin25.78%
Analyst Forecast
The average price target for Independent Bank is $40.33, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$40.33
Price Target Upside7.33% Upside
Analyst ConsensusHold
Analyst Count4
Revenue Growth Forecast0.24%
EPS Growth Forecast12.12%