Independent Bank Stock Fundamentals
| IBCP Stock | USD 30.91 0.71 2.35% |
Independent Bank fundamentals help investors to digest information that contributes to Independent Bank's financial success or failures. It also enables traders to predict the movement of Independent Stock. The fundamental analysis module provides a way to measure Independent Bank's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Independent Bank stock.
Independent |
Independent Bank Company Profit Margin Analysis
Independent Bank's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Independent Bank Profit Margin | 0.31 % |
Most of Independent Bank's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Independent Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Independent Bank has a Profit Margin of 0.3062%. This is 97.37% lower than that of the Banks sector and significantly higher than that of the Financials industry. The profit margin for all United States stocks is 124.11% lower than that of the firm.
Independent Bank Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Independent Bank competition to find correlations between indicators driving Independent Bank's intrinsic value. More Info.Independent Bank is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Independent Bank is roughly 12.34 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Independent Bank by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Independent Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.Independent Bank is currently under evaluation in profit margin category among its peers.
Independent Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0126 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 625.79 M | ||||
| Shares Outstanding | 20.97 M | ||||
| Shares Owned By Insiders | 4.80 % | ||||
| Shares Owned By Institutions | 86.54 % | ||||
| Number Of Shares Shorted | 138.72 K | ||||
| Price To Earning | 7.38 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 2.90 X | ||||
| Revenue | 215.8 M | ||||
| Gross Profit | 218.14 M | ||||
| EBITDA | 79.42 M | ||||
| Net Income | 66.79 M | ||||
| Cash And Equivalents | 70.63 M | ||||
| Cash Per Share | 3.35 X | ||||
| Total Debt | 124.39 M | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 21.76 X | ||||
| Cash Flow From Operations | 63.15 M | ||||
| Short Ratio | 1.68 X | ||||
| Earnings Per Share | 3.16 X | ||||
| Price To Earnings To Growth | 2.33 X | ||||
| Target Price | 38.25 | ||||
| Number Of Employees | 732 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 633.38 M | ||||
| Total Asset | 5.34 B | ||||
| Retained Earnings | 205.85 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.51 % | ||||
| Net Asset | 5.34 B | ||||
| Last Dividend Paid | 0.96 |
About Independent Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Independent Bank Corporation operates as the bank holding company for Independent Bank that provides various banking services to individuals and businesses. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 866 people.
Additional 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.