Superworth

Independent Bank IBCP

Banks - Regional, Financial Services
$36.98
+0.05%
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 for IBCP, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 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/a21M−1%21.1M−0%21.2M+1%n/a21.1M+1%20.9M−1%20.8M−2%20.9M20.8M−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.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
IBCPIndependent Bank$820.9M10.8×8.5×n/m+6%30.2%
SPFISouth Plains Financial$810.5M11.7×8.6×n/m+11%28.7%
PGCPeapack Gladstone Financial$805.4M15.7×14.1×n/m+26%16.4%
HTBHomeTrust Bancshares$802.9M12.6×16.1×n/m+4%30.0%
SMBCSouthern Missouri Bancorp$791.9M11.2×11.0×n/m+10%35.8%
CCBGCapital City Bank$864.7M14.0×13.4×n/m+5%24.0%
MPBMID Penn Bancorp$868M12.1×10.4×n/m+36%25.8%
ORRFOrrstown Financial Services$871.2M10.0×11.0×n/m+3%33.6%
GSBCGreat Southern Bancorp$881.9M13.4×11.2×n/m−0%29.7%
WASHWashington Trust Bancorp$744.3M13.5×12.3×n/mn/mn/m
THFFFirst Financial$911.8M10.7×10.5×n/m+12%30.7%
Peer median$837.6M12.4×11.1×n/a+10%29.7%

More on Independent Bank

Each number over time

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About

Industry
Banks - Regional
Sector
Financial Services

Valuation data, not investment advice. Prices as of .