Independent Bank Corp.
Mid Cap · Financial · Banks - Regional
$85.33−$0.71 (-0.83%)
Independent Bank Corp.
Mid Cap · Financial · Banks - Regional
$85.33−$0.71 (-0.83%)
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Stock Fundamentals & Key Indicators
52-week range
Low$61.55
High$87.50
Today $85.33
RSI (14)
54.0Neutral
03070100
Overall score
73/100
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Analyst Rating and Sentiment
Analyst price targets
Lowest
$82
Current price
$85.33
Median target
$96
Highest
$100
LowHigh
Operating Record
Revenue
What's working
- Cash exceeds debt by $274.1M, leaving a net cash buffer, a good sign.
- Forward P/E: Investors aren't pricing in much earnings growth, so there's room to be pleasantly surprised.
What to watch
- ROE: Shareholders aren't seeing much return on the money tied up in this business.
What the market charges
Forward P/E
Favorable · 31% below avg
11.10x
Price / sales
Reasonable · Priced reasonably against its revenue
4.29x
Price / FCF
Strong · Priced well within what its cash flow supports
13.40x
EV / EBITDA
No signal · Not enough data to judge
-
How efficiently it compounds
ROIC
No signal · Not enough data to judge
-
ROE
Needs attention · Unfavorable
8.2%
Debt / equity
Favorable · 0.22 - strong leverage
-
Current ratio
No signal · Not enough data to judge
-
Peer Comparison
| Company | Mkt cap | P/E | Rev growth | Score |
|---|---|---|---|---|
| $4.06B | 15.5 | +43.1% | 73 |
 | $192.11B | 20.2 | +20.3% | 81 |
 | $73.57B | 20.7 | +44.3% | 81 |
 | $11.82B | 17.4 | +45.4% | 79 |
 | $12.71B | 15.4 | +21.4% | 77 |