Independent Bank Net Worth
Independent Bank Net Worth Breakdown | INDB |
Independent Bank Net Worth Analysis
Independent Bank's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Independent Bank's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Independent Bank's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Independent Bank's net worth analysis. One common approach is to calculate Independent Bank's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Independent Bank's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Independent Bank's net worth. This approach calculates the present value of Independent Bank's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Independent Bank's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Independent Bank's net worth. This involves comparing Independent Bank's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Independent Bank's net worth relative to its peers.
Enterprise Value |
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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 net worth 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 | |
| Latest headline from news.google.com: Bank of New York Mellon Corp Cuts Stock Position in Independent Bank Co. - MarketBeat |
Independent Bank Quarterly Good Will |
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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 |
Independent Bank Target Price Consensus
Independent target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Independent Bank's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Buy |
Most Independent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Independent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Independent Bank, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationIndependent Bank Target Price Projection
Independent Bank's current and average target prices are 64.04 and 77.75, respectively. The current price of Independent Bank is the price at which Independent Bank is currently trading. On the other hand, Independent Bank's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Independent Bank Market Quote on 19th of March 2025
Target Price
Analyst Consensus On Independent Bank Target Price
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 | 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 | Bank Of New York Mellon Corp | 2024-12-31 | 424.1 K | Blackrock Inc | 2024-12-31 | 6.2 M | Vanguard Group Inc | 2024-12-31 | 5 M |
Follow Independent Bank's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.71 B.Market Cap |
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Project Independent Bank's profitablity
| 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 |
When accessing Independent Bank's net worth, it's important to look at multiple sources and consider different scenarios. 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 0.07, 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 1.6 B, whereas Non Currrent Assets Other are projected to grow to (2.6 B). 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 | 70.43 | 46.63 | |
| Tangible Book Value Per Share | 46.96 | 40.84 | |
| Enterprise Value Over EBITDA | 10.94 | 12.69 | |
| Price Book Value Ratio | 0.91 | 1.76 | |
| Enterprise Value Multiple | 10.94 | 12.69 | |
| Price Fair Value | 0.91 | 1.76 | |
| Enterprise Value | 3.2 B | 3.4 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.
Enterprise Value Revenue 4.994 | Revenue | Quarterly Revenue Growth (0.01) | Revenue Per Share | Return On Equity |
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 Corporate Filings
F4 | 3rd of March 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 |
10K | 28th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 24th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 14th of February 2025 Other Reports | ViewVerify |
Independent Bank Earnings Estimation Breakdown
The calculation of Independent Bank's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Independent Bank is estimated to be 1.17 with the future projection ranging from a low of 1.11 to a high of 1.22. Please be aware that this consensus of annual earnings estimates for Independent Bank is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.11 Lowest | Expected EPS | 1.22 Highest |
Independent Bank Earnings Projection Consensus
Suppose the current estimates of Independent Bank's value are higher than the current market price of the Independent Bank stock. In this case, investors may conclude that Independent Bank is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Independent Bank's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 4 | 94.7% | 1.21 | 1.17 | 4.52 |
Independent Bank Earnings History
Earnings estimate consensus by Independent Bank analysts from Wall Street is used by the market to judge Independent Bank's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Independent Bank's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Independent Bank Quarterly Gross Profit |
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Independent Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Independent Bank Earnings per Share Projection vs Actual
Actual Earning per Share of Independent Bank refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Independent Bank predict the company's earnings will be in the future. The higher the earnings per share of Independent Bank, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Independent Bank Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Independent Bank, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Independent Bank should always be considered in relation to other companies to make a more educated investment decision.Independent Quarterly Analyst Estimates and Surprise Metrics
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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-01-16 | 2024-12-31 | 1.16 | 1.21 | 0.05 | 4 | ||
2024-10-17 | 2024-09-30 | 1.06 | 1.01 | -0.05 | 4 | ||
2024-07-18 | 2024-06-30 | 1.12 | 1.21 | 0.09 | 8 | ||
2024-04-18 | 2024-03-31 | 1.15 | 1.12 | -0.03 | 2 | ||
2024-01-18 | 2023-12-31 | 1.24 | 1.26 | 0.02 | 1 | ||
2023-10-19 | 2023-09-30 | 1.33 | 1.38 | 0.05 | 3 | ||
2023-07-20 | 2023-06-30 | 1.36 | 1.42 | 0.06 | 4 | ||
2023-04-20 | 2023-03-31 | 1.54 | 1.36 | -0.18 | 11 | ||
2023-01-19 | 2022-12-31 | 1.65 | 1.69 | 0.04 | 2 | ||
2022-10-20 | 2022-09-30 | 1.42 | 1.57 | 0.15 | 10 | ||
2022-07-21 | 2022-06-30 | 1.26 | 1.32 | 0.06 | 4 | ||
2022-04-21 | 2022-03-31 | 1.26 | 1.23 | -0.03 | 2 | ||
2022-01-20 | 2021-12-31 | 1.1 | 1.63 | 0.53 | 48 | ||
2021-10-21 | 2021-09-30 | 1.02 | 1.21 | 0.19 | 18 | ||
2021-07-22 | 2021-06-30 | 1.08 | 1.17 | 0.09 | 8 | ||
2021-04-22 | 2021-03-31 | 1.09 | 1.26 | 0.17 | 15 | ||
2021-01-21 | 2020-12-31 | 1.03 | 1.17 | 0.14 | 13 | ||
2020-10-22 | 2020-09-30 | 0.81 | 1.07 | 0.26 | 32 | ||
2020-07-23 | 2020-06-30 | 0.62 | 0.76 | 0.14 | 22 | ||
2020-04-23 | 2020-03-31 | 1.19 | 0.78 | -0.41 | 34 | ||
2020-01-16 | 2019-12-31 | 1.39 | 1.51 | 0.12 | 8 | ||
2019-10-17 | 2019-09-30 | 1.41 | 1.49 | 0.08 | 5 | ||
2019-07-18 | 2019-06-30 | 1.31 | 1.42 | 0.11 | 8 | ||
2019-04-18 | 2019-03-31 | 1.29 | 1.25 | -0.04 | 3 | ||
2019-01-17 | 2018-12-31 | 1.2 | 1.07 | -0.13 | 10 | ||
2018-10-18 | 2018-09-30 | 1.2 | 1.14 | -0.06 | 5 | ||
2018-07-19 | 2018-06-30 | 1.09 | 1.13 | 0.04 | 3 | ||
2018-04-19 | 2018-03-31 | 1.05 | 1.0 | -0.05 | 4 | ||
2018-01-18 | 2017-12-31 | 0.89 | 0.89 | 0.0 | 0 | ||
2017-10-19 | 2017-09-30 | 0.89 | 0.87 | -0.02 | 2 | ||
2017-07-20 | 2017-06-30 | 0.78 | 0.75 | -0.03 | 3 | ||
2017-04-20 | 2017-03-31 | 0.78 | 0.76 | -0.02 | 2 | ||
2017-01-19 | 2016-12-31 | 0.79 | 0.64 | -0.15 | 18 | ||
2016-10-20 | 2016-09-30 | 0.76 | 0.78 | 0.02 | 2 | ||
2016-07-21 | 2016-06-30 | 0.74 | 0.77 | 0.03 | 4 | ||
2016-04-21 | 2016-03-31 | 0.69 | 0.71 | 0.02 | 2 | ||
2016-01-21 | 2015-12-31 | 0.7 | 0.74 | 0.04 | 5 | ||
2015-10-15 | 2015-09-30 | 0.69 | 0.71 | 0.02 | 2 | ||
2015-07-16 | 2015-06-30 | 0.65 | 0.69 | 0.04 | 6 | ||
2015-04-16 | 2015-03-31 | 0.61 | 0.38 | -0.23 | 37 | ||
2015-01-22 | 2014-12-31 | 0.67 | 0.66 | -0.01 | 1 | ||
2014-10-16 | 2014-09-30 | 0.65 | 0.66 | 0.01 | 1 | ||
2014-07-17 | 2014-06-30 | 0.63 | 0.64 | 0.01 | 1 | ||
2014-04-17 | 2014-03-31 | 0.56 | 0.51 | -0.05 | 8 | ||
2014-01-23 | 2013-12-31 | 0.62 | 0.61 | -0.01 | 1 | ||
2013-10-17 | 2013-09-30 | 0.6 | 0.63 | 0.03 | 5 | ||
2013-07-11 | 2013-06-30 | 0.59 | 0.58 | -0.01 | 1 | ||
2013-04-25 | 2013-03-31 | 0.55 | 0.58 | 0.03 | 5 | ||
2013-01-24 | 2012-12-31 | 0.56 | 0.61 | 0.05 | 8 | ||
2012-10-18 | 2012-09-30 | 0.56 | 0.55 | -0.01 | 1 | ||
2012-07-19 | 2012-06-30 | 0.52 | 0.54 | 0.02 | 3 | ||
2012-04-12 | 2012-03-31 | 0.5 | 0.56 | 0.06 | 12 | ||
2012-01-19 | 2011-12-31 | 0.54 | 0.54 | 0.0 | 0 | ||
2011-10-20 | 2011-09-30 | 0.55 | 0.56 | 0.01 | 1 | ||
2011-07-14 | 2011-06-30 | 0.54 | 0.52 | -0.02 | 3 | ||
2011-04-14 | 2011-03-31 | 0.49 | 0.52 | 0.03 | 6 | ||
2011-01-20 | 2010-12-31 | 0.53 | 0.56 | 0.03 | 5 | ||
2010-10-21 | 2010-09-30 | 0.48 | 0.53 | 0.05 | 10 | ||
2010-07-22 | 2010-06-30 | 0.45 | 0.38 | -0.07 | 15 | ||
2010-04-15 | 2010-03-31 | 0.43 | 0.44 | 0.01 | 2 | ||
2010-01-21 | 2009-12-31 | 0.48 | 0.43 | -0.05 | 10 | ||
2009-10-22 | 2009-09-30 | 0.47 | 0.33 | -0.14 | 29 | ||
2009-07-23 | 2009-06-30 | 0.34 | -0.19 | -0.53 | 155 | ||
2009-04-29 | 2009-03-31 | 0.26 | 0.32 | 0.06 | 23 | ||
2009-01-26 | 2008-12-31 | 0.47 | 0.18 | -0.29 | 61 | ||
2008-10-23 | 2008-09-30 | 0.55 | 0.51 | -0.04 | 7 | ||
2008-07-17 | 2008-06-30 | 0.56 | 0.51 | -0.05 | 8 | ||
2008-05-05 | 2008-03-31 | 0.51 | 0.48 | -0.03 | 5 | ||
2008-01-17 | 2007-12-31 | 0.55 | 0.56 | 0.01 | 1 | ||
2007-10-11 | 2007-09-30 | 0.52 | 0.6 | 0.08 | 15 | ||
2007-07-19 | 2007-06-30 | 0.49 | 0.51 | 0.02 | 4 | ||
2007-04-11 | 2007-03-31 | 0.5 | 0.47 | -0.03 | 6 | ||
2007-01-18 | 2006-12-31 | 0.57 | 0.57 | 0.0 | 0 | ||
2006-10-19 | 2006-09-30 | 0.58 | 0.58 | 0.0 | 0 | ||
2006-07-18 | 2006-06-30 | 0.55 | 0.55 | 0.0 | 0 | ||
2006-04-11 | 2006-03-31 | 0.53 | 0.51 | -0.02 | 3 | ||
2006-01-19 | 2005-12-31 | 0.56 | 0.55 | -0.01 | 1 | ||
2005-10-20 | 2005-09-30 | 0.55 | 0.56 | 0.01 | 1 | ||
2005-07-21 | 2005-06-30 | 0.53 | 0.52 | -0.01 | 1 | ||
2005-04-14 | 2005-03-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2005-01-13 | 2004-12-31 | 0.55 | 0.59 | 0.04 | 7 | ||
2004-10-14 | 2004-09-30 | 0.54 | 0.54 | 0.0 | 0 | ||
2004-07-15 | 2004-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
2004-04-08 | 2004-03-31 | 0.47 | 0.45 | -0.02 | 4 | ||
2004-01-08 | 2003-12-31 | 0.47 | 0.49 | 0.02 | 4 | ||
2003-10-09 | 2003-09-30 | 0.48 | 0.51 | 0.03 | 6 | ||
2003-07-10 | 2003-06-30 | 0.45 | 0.49 | 0.04 | 8 | ||
2003-04-10 | 2003-03-31 | 0.48 | 0.45 | -0.03 | 6 | ||
2003-01-09 | 2002-12-31 | 0.49 | 0.48 | -0.01 | 2 | ||
2002-10-10 | 2002-09-30 | 0.45 | 0.48 | 0.03 | 6 | ||
2002-07-11 | 2002-06-30 | 0.34 | 0.24 | -0.1 | 29 | ||
2002-04-11 | 2002-03-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2002-01-10 | 2001-12-31 | 0.4 | 0.43 | 0.03 | 7 | ||
2001-10-11 | 2001-09-30 | 0.35 | 0.37 | 0.02 | 5 | ||
2001-07-12 | 2001-06-30 | 0.33 | 0.34 | 0.01 | 3 | ||
2001-04-12 | 2001-03-31 | 0.31 | 0.32 | 0.01 | 3 | ||
2001-01-18 | 2000-12-31 | 0.31 | 0.34 | 0.03 | 9 | ||
2000-10-13 | 2000-09-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2000-07-13 | 2000-06-30 | 0.3 | 0.3 | 0.0 | 0 | ||
2000-04-13 | 2000-03-31 | 0.31 | 0.3 | -0.01 | 3 | ||
2000-01-13 | 1999-12-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1999-10-14 | 1999-09-30 | 0.31 | 0.31 | 0.0 | 0 | ||
1999-07-08 | 1999-06-30 | 0.29 | 0.29 | 0.0 | 0 | ||
1999-04-08 | 1999-03-31 | 0.27 | 0.27 | 0.0 | 0 | ||
1999-01-14 | 1998-12-31 | 0.29 | 0.3 | 0.01 | 3 | ||
1998-10-08 | 1998-09-30 | 0.28 | 0.27 | -0.01 | 3 | ||
1998-07-09 | 1998-06-30 | 0.27 | 0.27 | 0.0 | 0 | ||
1998-04-09 | 1998-03-31 | 0.26 | 0.25 | -0.01 | 3 | ||
1998-01-13 | 1997-12-31 | 0.26 | 0.26 | 0.0 | 0 | ||
1997-10-09 | 1997-09-30 | 0.24 | 0.25 | 0.01 | 4 | ||
1997-07-10 | 1997-06-30 | 0.21 | 0.24 | 0.03 | 14 | ||
1997-04-11 | 1997-03-31 | 0.2 | 0.2 | 0.0 | 0 | ||
1997-01-09 | 1996-12-31 | 0.21 | 0.22 | 0.01 | 4 | ||
1996-10-10 | 1996-09-30 | 0.2 | 0.2 | 0.0 | 0 | ||
1996-07-11 | 1996-06-30 | 0.19 | 0.19 | 0.0 | 0 | ||
1996-04-26 | 1996-03-31 | 0.18 | 0.18 | 0.0 | 0 |
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 4.52 | 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.
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.