Independent Bank Stock Performance
| INDB Stock | USD 64.44 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 1.17, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Independent Bank will likely underperform. At this point, Independent Bank has a negative expected return of -0.0927%. Please make sure to check out Independent Bank's treynor ratio, kurtosis, and the relationship between the jensen alpha and potential upside , to decide if Independent Bank performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Independent Bank has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental indicators, Independent Bank is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 3.73 | Five Day Return 2.63 | Year To Date Return 0.74 | Ten Year Return 46.61 | All Time Return 240.97 |
Forward Dividend Yield 0.0358 | Payout Ratio | Last Split Factor 3:2 | Forward Dividend Rate 2.28 | Dividend Date 2025-01-06 |
| Independent Bank dividend paid on 6th of January 2025 | 01/06/2025 |
1 | Independent Bank Corporation Announces 8 percent Increase in Quarterly Cash Dividend on Common Stock | 01/10/2025 |
2 | Independent Bank Issues Earnings Results | 01/23/2025 |
3 | Disposition of 664 shares by Jeffrey Tengel of Independent Bank at 69.5925 subject to Rule 16b-3 | 02/06/2025 |
4 | Independent Bank And 2 Other Stocks That May Be Priced Below Their Estimated Value On US Exchanges - Simply Wall St | 02/10/2025 |
5 | Disposition of 640 shares by Abelli Donna L of Independent Bank at 70.03 subject to Rule 16b-3 | 02/11/2025 |
6 | Independent Bank Corp Director Donna Abelli Sells 640 Shares | 02/13/2025 |
7 | Disposition of tradable shares by Omalley Kathryn of Independent Bank at 69.0925 subject to Rule 16b-3 | 02/14/2025 |
8 | Disposition of tradable shares by Omalley Kathryn of Independent Bank at 69.3375 subject to Rule 16b-3 | 02/18/2025 |
9 | Why Independent Bank is a Great Dividend Stock Right Now | 02/21/2025 |
10 | Disposition of 148 shares by Maria Harris of Independent Bank at 69.135 subject to Rule 16b-3 | 02/24/2025 |
11 | Independent Bank Corp Announces Strategic Board Appointments | 02/25/2025 |
12 | Disposition of tradable shares by James Rizzo of Independent Bank at 68.32 subject to Rule 16b-3 | 02/27/2025 |
13 | Principal Financial Group Inc. Sells 12,519 Shares of Independent Bank Co. - MarketBeat | 02/28/2025 |
14 | Disposition of tradable shares by Nadeau Gerard F of Independent Bank at 68.32 subject to Rule 16b-3 | 03/03/2025 |
15 | Fisher Asset Management LLC Purchases 69,753 Shares of Independent Bank Corp. - MarketBeat | 03/04/2025 |
16 | Moors Cabot Inc. Lowers Stake in Independent Bank Corp. - MarketBeat | 03/13/2025 |
| Begin Period Cash Flow | 224.3 M |
Independent |
Independent Bank Relative Risk vs. Return Landscape
If you would invest 6,887 in Independent Bank on December 17, 2024 and sell it today you would lose (443.50) from holding Independent Bank or give up 6.44% of portfolio value over 90 days. Independent Bank is currently does not generate positive expected returns and assumes 1.8209% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of stocks are less volatile than Independent, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Independent Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Independent Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Independent Bank, and traders can use it to determine the average amount a Independent Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0509
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | INDB |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Independent Bank is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Independent Bank by adding Independent Bank to a well-diversified portfolio.
Independent Bank Fundamentals Growth
Independent Stock prices reflect investors' perceptions of the future prospects and financial health of Independent Bank, and Independent Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Independent Stock performance.
| Return On Equity | 0.0652 | ||||
| Return On Asset | 0.0099 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 3.3 B | ||||
| Shares Outstanding | 42.61 M | ||||
| Price To Earning | 21.94 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 4.15 X | ||||
| Revenue | 852.75 M | ||||
| Gross Profit | 653.49 M | ||||
| EBITDA | 315.13 M | ||||
| Net Income | 192.08 M | ||||
| Cash And Equivalents | 936.3 M | ||||
| Cash Per Share | 20.52 X | ||||
| Total Debt | 701.37 M | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 70.42 X | ||||
| Cash Flow From Operations | 229.92 M | ||||
| Earnings Per Share | 4.52 X | ||||
| Market Capitalization | 2.71 B | ||||
| Total Asset | 19.37 B | ||||
| Retained Earnings | 1.17 B | ||||
About Independent Bank Performance
By analyzing Independent Bank's fundamental ratios, stakeholders can gain valuable insights into Independent Bank's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Independent Bank has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Independent Bank has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.06 | 0.08 |
Things to note about Independent Bank performance evaluation
Checking the ongoing alerts about Independent Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Independent Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Independent Bank generated a negative expected return over the last 90 days | |
| Independent Bank has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Moors Cabot Inc. Lowers Stake in Independent Bank Corp. - MarketBeat |
- Analyzing Independent Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Independent Bank's stock is overvalued or undervalued compared to its peers.
- Examining Independent Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Independent Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Independent Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Independent Bank's stock. These opinions can provide insight into Independent Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Independent Stock analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.
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