Independent Bank INDB
- Market cap
- $4B
- PE
- 15.1×
- 10y median 17.4×
- Forward PE
- n/m
- not a meaningful number
- Revenue, 12 months
- $1B
- +41% on a year ago
- Net margin
- 27.0%
Independent Bank trades at 15.1× trailing earnings, cheaper than 68% of the last ten years. Revenue was $1B over the last twelve months, up 41% on a year earlier with a 27% 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $183.4M−4% | $177.2M−12% | $167.4M−11% | $170.3M−7% | $175.3M−5% | $176.9M−0% | $178M+6% | $181.8M+7% | $243.7M+39% | $253.9M+44% | $252.7M+42% | $253.3M+39% | |
| Interest expense | $53M+620% | $62.1M+294% | $70.6M+153% | $73.9M+60% | $74.8M+41% | $71.7M+15% | $66.4M−6% | $70.7M−4% | $91.4M+22% | $85M+19% | $77.8M+17% | $78.4M+11% |
| Pre-tax income | $80.1M−16% | $70.9M−29% | $62.5M−23% | $66.4M−20% | $55.3M−31% | $62.9M−11% | $57.2M−9% | $65.8M−1% | $44.4M−20% | $94.8M+51% | $104.3M+83% | $106.8M+62% |
| $19.3M−17% | $16.1M−31% | $14.7M−27% | $15.1M−25% | $12.4M−36% | $12.9M−20% | $12.7M−14% | $14.7M−2% | $10.1M−18% | $19.5M+51% | $24.4M+91% | $25M+70% | |
| Net income | $60.8M−15% | $54.8M−29% | $47.8M−22% | $51.3M−18% | $42.9M−29% | $50M−9% | $44.4M−7% | $51.1M−0% | $34.3M−20% | $75.3M+51% | $79.9M+80% | $81.8M+60% |
| $1.38−12% | $1.26−25% | $1.12−18% | $1.21−15% | $1.01−27% | $1.18−6% | $1.04−7% | $1.20−1% | $0.69−32% | $1.52+29% | $1.63+57% | $1.70+42% | |
| 44.1M−4% | 43.5M−5% | 42.6M−6% | 42.5M−4% | 42.5M−4% | 42.5M−2% | 42.6M+0% | 42.6M+0% | 50M+18% | 49.5M+16% | 49M+15% | 48.1M+13% |
EPS, diluted: 7 periods, Q4 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 7 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
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 |
|---|---|---|---|---|---|---|---|
| INDBIndependent Bank | $4B | 15.1× | 17.4× | n/m | +41% | 27.0% | |
| CVBFCVB Financial | $4B | 15.8× | 14.9× | n/m | +14% | 36.0% | |
| IBOCInternational Bancshares | $4.1B | 10.0× | 11.2× | n/m | +4% | 48.1% | |
| RNSTRenasant | $3.8B | 12.4× | 12.9× | n/m | +33% | 28.7% | |
| FBPFirst Bancorp | $4.2B | 11.6× | 11.3× | n/m | +6% | 36.2% | |
| CATYCathay General Bancorp | $4.3B | 12.6× | 11.3× | n/m | +14% | 39.9% | |
| FLGFlagstar Bank, National Association | $4.3B | 346× | 12.1× | n/m | n/m | n/m | |
| FFINFirst Financial Bankshares | $4.3B | 16.1× | 25.7× | n/m | +12% | 40.4% | |
| UCBUnited Community Banks | $4.5B | 12.2× | 13.7× | n/m | +14% | 34.0% | |
| FIBKFirst Interstate Bancsystem | $3.5B | 11.3× | 14.5× | n/m | +6% | 30.3% | |
| SFBSServisFirst Bancshares | $4.5B | 14.0× | 17.1× | n/m | +20% | 51.2% | |
| Peer median | $4.2B | 12.5× | 13.3× | n/a | +14% | 36.2% |
More on Independent Bank
Each number over time
Its groups
About
- Industry
- Banks - Regional
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .