Superworth

Independent Bank INDB

Banks - Regional, Financial Services
$83.72
+0.35%
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 for INDB, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 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.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
INDBIndependent Bank$4B15.1×17.4×n/m+41%27.0%
CVBFCVB Financial$4B15.8×14.9×n/m+14%36.0%
IBOCInternational Bancshares$4.1B10.0×11.2×n/m+4%48.1%
RNSTRenasant$3.8B12.4×12.9×n/m+33%28.7%
FBPFirst Bancorp$4.2B11.6×11.3×n/m+6%36.2%
CATYCathay General Bancorp$4.3B12.6×11.3×n/m+14%39.9%
FLGFlagstar Bank, National Association$4.3B346×12.1×n/mn/mn/m
FFINFirst Financial Bankshares$4.3B16.1×25.7×n/m+12%40.4%
UCBUnited Community Banks$4.5B12.2×13.7×n/m+14%34.0%
FIBKFirst Interstate Bancsystem$3.5B11.3×14.5×n/m+6%30.3%
SFBSServisFirst Bancshares$4.5B14.0×17.1×n/m+20%51.2%
Peer median$4.2B12.5×13.3×n/a+14%36.2%

More on Independent Bank

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About

Industry
Banks - Regional
Sector
Financial Services

Valuation data, not investment advice. Prices as of .