Independent Bank IBCP
- Market cap
- $820.9M
- PE
- 10.8×
- 7y median 8.5×
- Forward PE
- n/m
- not a meaningful number
- Revenue, 12 months
- $237.7M
- +6% on a year ago
- Net margin
- 30.2%
Independent Bank trades at 10.8× trailing earnings, pricier than 84% of the last ten years. Revenue was $237.7M over the last twelve months, up 6% on a year earlier with a 30% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $55M−3% | $49.2M−6% | $52.8M+8% | $56.5M+5% | $51.4M−7% | $62M+26% | $54.1M+3% | $55.9M−1% | $57.3M+12% | $58.3M−6% | $58.9M+9% | $63.2M+13% | |
| Interest expense | $23M+358% | $25.3M+143% | $24.9M+61% | $25M+28% | $26.5M+15% | $24.1M−4% | $22.5M−10% | $22.3M−11% | $23.9M−10% | $21.1M−13% | $19.3M−14% | $19.4M−13% |
| Pre-tax income | $21.7M+2% | $17.9M−4% | $19.8M+25% | $23.2M+27% | $17.3M−20% | $22.8M+27% | $19.1M−4% | $20.7M−11% | $21.2M+23% | $20.3M−11% | $20.2M+6% | $22.7M+10% |
| $4.1M+4% | $4.2M+20% | $3.8M+33% | $4.6M+36% | $3.5M−15% | $4.3M+3% | $3.5M−8% | $3.8M−18% | $3.7M+6% | $1.7M−60% | $3.4M−5% | $3.9M+3% | |
| Net income | $17.5M+1% | $13.7M−9% | $16M+23% | $18.5M+25% | $13.8M−21% | $18.5M+34% | $15.6M−3% | $16.9M−9% | $17.5M+27% | $18.6M+1% | $16.9M+8% | $18.8M+11% |
| $0.83+3% | $0.65−7% | $0.76+25% | $0.88+26% | $0.65−22% | $0.87+34% | $0.74−3% | $0.81−8% | $0.84+29% | $0.89+2% | $0.81+10% | $0.90+11% | |
| 21.1M−1% | n/a | 21M−1% | 21.1M−0% | 21.2M+1% | n/a | 21.1M+1% | 20.9M−1% | 20.8M−2% | 20.9M | 20.8M−2% | 20.8M−1% |
EPS, diluted: 10 periods, Q4 FY11 to Q4 FY24: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'.
Diluted shares: 21 periods, Q3 FY10 to Q4 FY25: not printed by the filing, worked out from its own lines.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Banks - Regional nearest Independent Bank's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| IBCPIndependent Bank | $820.9M | 10.8× | 8.5× | n/m | +6% | 30.2% | |
| SPFISouth Plains Financial | $810.5M | 11.7× | 8.6× | n/m | +11% | 28.7% | |
| PGCPeapack Gladstone Financial | $805.4M | 15.7× | 14.1× | n/m | +26% | 16.4% | |
| HTBHomeTrust Bancshares | $802.9M | 12.6× | 16.1× | n/m | +4% | 30.0% | |
| SMBCSouthern Missouri Bancorp | $791.9M | 11.2× | 11.0× | n/m | +10% | 35.8% | |
| CCBGCapital City Bank | $864.7M | 14.0× | 13.4× | n/m | +5% | 24.0% | |
| MPBMID Penn Bancorp | $868M | 12.1× | 10.4× | n/m | +36% | 25.8% | |
| ORRFOrrstown Financial Services | $871.2M | 10.0× | 11.0× | n/m | +3% | 33.6% | |
| GSBCGreat Southern Bancorp | $881.9M | 13.4× | 11.2× | n/m | −0% | 29.7% | |
| WASHWashington Trust Bancorp | $744.3M | 13.5× | 12.3× | n/m | n/m | n/m | |
| THFFFirst Financial | $911.8M | 10.7× | 10.5× | n/m | +12% | 30.7% | |
| Peer median | $837.6M | 12.4× | 11.1× | n/a | +10% | 29.7% |
More on Independent Bank
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- Industry
- Banks - Regional
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .