Is Independent Bank Stock a Good Investment?
Independent Bank Investment Advice | INDB |
- Examine Independent Bank's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Independent Bank's leadership team and their track record. Good management can help Independent Bank navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Independent Bank's business and its evolving consumer preferences.
- Compare Independent Bank's performance and market position to its competitors. Analyze how Independent Bank is positioned in terms of product offerings, innovation, and market share.
- Check if Independent Bank pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Independent Bank's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Independent Bank stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Independent Bank is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Independent Bank Stock
Researching Independent Bank's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Independent Bank last dividend was issued on the 30th of December 2024. The entity had 3:2 split on the 1st of October 1987.
To determine if Independent Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Independent Bank's research are outlined below:
| 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 | |
| On 6th of January 2025 Independent Bank paid $ 0.57 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Independent Bank Corp Announces Strategic Board Appointments |
Independent Bank Quarterly Liabilities And Stockholders Equity |
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Independent Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Independent Bank. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independent Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 16th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Independent Bank's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Independent Bank's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1997-07-10 | 1997-06-30 | 0.21 | 0.24 | 0.03 | 14 | ||
2010-10-21 | 2010-09-30 | 0.48 | 0.53 | 0.05 | 10 | ||
2010-01-21 | 2009-12-31 | 0.48 | 0.43 | -0.05 | 10 | ||
2012-04-12 | 2012-03-31 | 0.5 | 0.56 | 0.06 | 12 | ||
2009-04-29 | 2009-03-31 | 0.26 | 0.32 | 0.06 | 23 | ||
2010-07-22 | 2010-06-30 | 0.45 | 0.38 | -0.07 | 15 | ||
2007-10-11 | 2007-09-30 | 0.52 | 0.6 | 0.08 | 15 | ||
2002-07-11 | 2002-06-30 | 0.34 | 0.24 | -0.1 | 29 |
Know Independent Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Independent Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independent Bank backward and forwards among themselves. Independent Bank's institutional investor refers to the entity that pools money to purchase Independent Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Rockland Trust Co | 2024-12-31 | 605.2 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 590.4 K | Goldman Sachs Group Inc | 2024-12-31 | 588.2 K | Charles Schwab Investment Management Inc | 2024-12-31 | 544.9 K | Verition Fund Managegment, Llc | 2024-12-31 | 510.7 K | Northern Trust Corp | 2024-12-31 | 486.8 K | American Century Companies Inc | 2024-12-31 | 469.4 K | Norges Bank | 2024-12-31 | 448.8 K | Amvescap Plc. | 2024-12-31 | 444.7 K | Blackrock Inc | 2024-12-31 | 6.2 M | Vanguard Group Inc | 2024-12-31 | 5 M |
Independent Bank's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.91 B.Market Cap |
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Independent Bank's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.07 | 0.08 |
Determining Independent Bank's profitability involves analyzing its financial statements and using various financial metrics to determine if Independent Bank is a good buy. For example, gross profit margin measures Independent Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Independent Bank's profitability and make more informed investment decisions.
Please note, the presentation of Independent Bank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent Bank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Independent Bank's management manipulating its earnings.
Evaluate Independent Bank's management efficiency
The current year's Return On Equity is expected to grow to 0.08, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Independent Bank's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 23.1 B, whereas Other Assets are forecasted to decline to about 20 M. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 58.98 | 46.34 | |
| Tangible Book Value Per Share | 38.54 | 40.94 | |
| Enterprise Value Over EBITDA | 10.94 | 12.69 | |
| Price Book Value Ratio | 1.15 | 1.78 | |
| Enterprise Value Multiple | 10.94 | 12.69 | |
| Price Fair Value | 1.15 | 1.78 | |
| Enterprise Value | 3.5 B | 3.7 B |
Management at Independent Bank focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Basic technical analysis of Independent Stock
As of the 27th of February, Independent Bank retains the Risk Adjusted Performance of (0.01), standard deviation of 1.68, and Market Risk Adjusted Performance of (0.02). Independent Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Independent Bank's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independent Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independent Bank's Outstanding Corporate Bonds
Independent Bank issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Independent Bank uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Independent bonds can be classified according to their maturity, which is the date when Independent Bank has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Independent Bank's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Independent Bank's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (6,810) | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.55 | |||
| Skewness | 0.0129 | |||
| Kurtosis | 1.62 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.26 | |||
| Coefficient Of Variation | (6,810) | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.81 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 7.93 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.55 | |||
| Skewness | 0.0129 | |||
| Kurtosis | 1.62 |
Consider Independent Bank's intraday indicators
Independent Bank intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Independent Bank stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 4394.44 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 68.32 | |||
| Day Typical Price | 68.17 | |||
| Price Action Indicator | (0.72) | |||
| Period Momentum Indicator | (0.54) | |||
| Relative Strength Index | 48.71 |
Independent Bank Corporate Filings
8K | 24th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 21st of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 14th of February 2025 Other Reports | ViewVerify | |
| 27th of January 2025 Other Reports | ViewVerify |
Independent Stock media impact
Far too much social signal, news, headlines, and media speculation about Independent Bank that are available to investors today. That information is available publicly through Independent media outlets and privately through word of mouth or via Independent internal channels. However, regardless of the origin, that massive amount of Independent data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Independent Bank news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Independent Bank relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Independent Bank's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Independent Bank alpha.
Independent Bank Historical Investor Sentiment
Investor biases related to Independent Bank's public news can be used to forecast risks associated with an investment in Independent. The trend in average sentiment can be used to explain how an investor holding Independent can time the market purely based on public headlines and social activities around Independent Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Independent Bank's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Independent Bank and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Independent Bank news discussions. The higher the estimate score, the more favorable the investor's outlook on Independent Bank.
Independent Bank Maximum Pain Price Across May 16th 2025 Option Contracts
Independent Bank's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Independent Bank close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Independent Bank's options.
Independent Bank Corporate Management
| Lee Powlus | Chief VP | Profile | |
| CFA CFA | MD Company | Profile | |
| Dawn Mugford | Executive Officer | Profile | |
| Timothy Lane | Senior Auditor | Profile | |
| Patricia Esq | Executive Counsel | Profile | |
| Barry Jensen | CIO of Rockland Trust | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 (0.06) | Dividend Share 2.28 | Earnings Share 4.55 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
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.
In summary, please note that there is a difference between Independent Bank's value and its price, as these two are different measures arrived at by various 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.