Independent Bank Stock Performance
| IBCP Stock | USD 31.06 0.02 0.06% |
The company retains a Market Volatility (i.e., Beta) of 1.11, which attests to a somewhat significant risk relative to the market. Independent Bank returns are very sensitive to returns on the market. As the market goes up or down, Independent Bank is expected to follow. At this point, Independent Bank has a negative expected return of -0.18%. Please make sure to check out Independent Bank's potential upside, and the relationship between the total risk alpha and daily balance of power , 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. Even with latest fragile performance, the Stock's fundamental indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.0644 | Five Day Return 0.26 | Year To Date Return (9.63) | Ten Year Return 138.01 | All Time Return 168.22 |
Forward Dividend Yield 0.0335 | Payout Ratio | Last Split Factor 1:10 | Forward Dividend Rate 1.04 | Dividend Date 2025-02-14 |
1 | Acquisition by Cok Michael J of 312 shares of Independent Bank subject to Rule 16b-3 | 12/31/2024 |
2 | Independent Bank Corp. Q4 Earnings Taking a Look at Key Metrics Versus Estimates | 01/16/2025 |
3 | Independent Bank Corporation Reports 2024 Fourth Quarter Results | 01/23/2025 |
4 | Disposition of 2352 shares by Kessel William B of Independent Bank at 35.6 subject to Rule 16b-3 | 01/24/2025 |
5 | Acquisition by Kessel William B of 5791 shares of Independent Bank subject to Rule 16b-3 | 02/04/2025 |
6 | Why Independent Bank is a Top Dividend Stock for Your Portfolio | 02/05/2025 |
7 | FMR LLCs Strategic Acquisition of Independent Bank Corp Shares | 02/12/2025 |
| Independent Bank dividend paid on 14th of February 2025 | 02/14/2025 |
8 | Disposition of 181 shares by James Twarozynski of Independent Bank subject to Rule 16b-3 | 02/19/2025 |
9 | Independent Bank Corporation is largely controlled by institutional shareholders who own 86 percent of the company | 02/20/2025 |
10 | Independent Bank Corp. and Rockland Trust Company Expands Board of Directors with Three ... | 02/24/2025 |
11 | EBTC Stock Alert Halper Sadeh LLC is Investigating Whether the Sale of Enterprise Bancorp, Inc. ... | 02/25/2025 |
12 | Acquisition by Patrick Ervin of 1715 shares of Independent Bank subject to Rule 16b-3 | 03/05/2025 |
13 | Acquisition by Christopher Michaels of 358 shares of Independent Bank subject to Rule 16b-3 | 03/06/2025 |
14 | Independent Bank Corp. Shares Sold by Great Lakes Advisors LLC | 03/14/2025 |
15 | Independent Bank Corp. Announces 4 percent Increase in Quarterly Dividend | 03/20/2025 |
| Begin Period Cash Flow | 169.8 M | |
| Free Cash Flow | 55.2 M |
Independent |
Independent Bank Relative Risk vs. Return Landscape
If you would invest 3,482 in Independent Bank on December 21, 2024 and sell it today you would lose (378.00) from holding Independent Bank or give up 10.86% of portfolio value over 90 days. Independent Bank is currently does not generate positive expected returns and assumes 1.5906% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% 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 = -0.1124
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IBCP |
Estimated Market Risk
| 1.59 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 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 | 0.16 | ||||
| Return On Asset | 0.0126 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.39 % | ||||
| Current Valuation | 643.41 M | ||||
| Shares Outstanding | 20.97 M | ||||
| Price To Earning | 7.38 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 2.98 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 | ||||
| Earnings Per Share | 3.16 X | ||||
| Market Capitalization | 651 M | ||||
| Total Asset | 5.34 B | ||||
| Retained Earnings | 205.85 M | ||||
About Independent Bank Performance
Assessing Independent Bank's fundamental ratios provides investors with valuable insights into Independent Bank's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Independent Bank is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | (0.04) | (0.03) | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.15 | 0.09 |
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 | |
| Over 87.0% of the company shares are owned by institutional investors | |
| On 14th of February 2025 Independent Bank paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Independent Bank Corp. Announces 4 percent Increase in Quarterly Dividend |
- 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.
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.