Independent Bank Corp.
General ticker "INDB" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $2.8B (TTM average)
Independent Bank Corp. follows the US Stock Market performance with the rate: 72.6%.
Estimated limits based on current volatility of 1.7%: low 77.68$, high 80.43$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-12-29, amount 0.59$ (Y3.01%)
- Total employees count: 69 as of 1997
- Top business risk factors: Market disruptions, Interest rate fluctuations, Liquidity and credit risks, Economic downturns and volatility, Regulatory and compliance
- Earnings for 12 months up through Q4 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [57.18$, 75.46$]
- 2025-12-31 to 2026-12-31 estimated range: [56.94$, 76.03$]
Financial Metrics affecting the INDB estimates:
- Negative: with PPE of 14.5 at the end of fiscal year the price was high
- Positive: Operating profit margin, % of 25.37 > 18.38
- Positive: 6.64 < Operating cash flow per share per price, % of 8.22
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: -3.43 < Return on assets ratio (scaled to [-100,100]) of 0.98
- Positive: Industry operating cash flow per share per price (median), % of 10.58 > 10.29
- Negative: Shareholder equity ratio, % of 15.45 <= 19.40
- Positive: Inventory ratio change, % of 0 <= 0
Short-term INDB quotes
Long-term INDB plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $749.84MM | $911.33MM | $974.14MM |
| Operating Expenses | $402.08MM | $596.20MM | $727.01MM |
| Operating Income | $347.75MM | $315.13MM | $247.13MM |
| Interest Expense | $29.59MM | $189.21MM | $291.02MM |
| Income(Loss) | $347.75MM | $315.13MM | $247.13MM |
| Taxes | $83.94MM | $75.63MM | $55.05MM |
| Profit(Loss)* | $263.81MM | $239.50MM | $192.08MM |
| Stockholders Equity | $2,886.70MM | $2,895.25MM | $2,993.12MM |
| Assets | $19,294.17MM | $19,347.37MM | $19,373.56MM |
| Operating Cash Flow | $421.20MM | $276.99MM | $229.92MM |
| Capital expenditure | $22.07MM | $15.84MM | $20.43MM |
| Investing Cash Flow | $-1,000.47MM | $-211.65MM | $-33.01MM |
| Financing Cash Flow | $-1,308.48MM | $-193.95MM | $-201.35MM |
| Earnings Per Share** | $5.69 | $5.42 | $4.52 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.