Independent Net Income from 2010 to 2024

INDB Stock  USD 72.39  0.60  0.82%   
Independent Bank's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 251.5 M this year. From 2010 to 2024 Independent Bank Net Income quarterly data regression line had arithmetic mean of  114,448,140 and r-squared of  0.85. View All Fundamentals
 
Net Income  
First Reported
1991-09-30
Previous Quarter
51.3 M
Current Value
42.9 M
Quarterly Volatility
17.1 M
 
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 Net Income Growth Pattern

Below is the plot of the Net Income of Independent Bank over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Independent Bank financial statement analysis. It represents the amount of money remaining after all of Independent Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Independent Bank's Net Income 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 239.5 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Independent Net Income Regression Statistics

Arithmetic Mean114,448,140
Geometric Mean83,834,210
Coefficient Of Variation71.15
Mean Deviation64,348,149
Median87,204,000
Standard Deviation81,434,645
Sample Variance6631.6T
Range257.8M
R-Value0.92
Mean Square Error1070.5T
R-Squared0.85
Slope16,789,242
Total Sum of Squares92842.4T

Independent Net Income History

2024251.5 M
2023239.5 M
2022263.8 M
2021121 M
2020121.2 M
2019165.2 M
2018121.6 M

Other Fundumenentals of Independent Bank

Independent Bank Net Income component correlations

About Independent Bank Financial Statements

Independent Bank stakeholders use historical fundamental indicators, such as Independent Bank's Net Income, 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
Net Income239.5 M251.5 M
Net Income Applicable To Common Shares303.4 M318.6 M
Net Income From Continuing Ops239.5 M123.5 M
Net Income Per Share 5.42  5.69 
Net Income Per E B T 0.76  0.58 

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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.