34.13USD+0.68%Mkt Cap: 704.01M USDP/E: 10.23Last update: 2026-05-26
Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, sa…
Industry Peers
Banks - Regional10.10THUFP/E 9.0
525.84BTRYP/E 4.5
472.17BPLNP/E 9.9
420.17BNOKP/E 10.5
391.28BSEKP/E 12.3
379.35BSEKP/E 12.6
371.44BSEKP/E 12.4
340.08BTRYP/E 5.4
Indicators:|
Key Statistics
Company
Market Cap704.01M USD
Enterprise Value589.03M USD
Revenue (TTM)224.68M USD
Gross Profit224.68M USD
Net Income (TTM)68.54M USD
Revenue/Share10.87 USD
Last Price34.13 USD
Fiscal Year EndDec 2025
MR QuarterMar 2026
Employees735
CountryUS
SectorFinancial Services
IndustryBanks - Regional
ISINLU2082999058
Valuation
P/E (Trailing)10.23
P/E (Forward)8.89
PEG1.40
EV/EBITDA—
EV/Revenue2.62
P/S3.12
P/B1.37
EPS (TTM)3.34
EPS (Forward)3.83
52W Range
29.6358% of range37.39
52W High37.39 USD
52W Low29.63 USD
Profitability
Gross Margin0.00%
Oper. Margin39.00%
EBITDA Margin0.00%
Profit Margin31.39%
ROE13.63%
ROA1.24%
Growth
Revenue Growth9.70%
Earnings Growth9.50%
Cash Flow & Leverage
Operating CF76.66M USD
CapEx (TTM)6.49M USD
FCF Margin—
FCF Yield—
Net Debt-112.20M USD
Net Debt/EBITDA—
Balance Sheet
Debt/Equity0.23
Current Ratio—
Quick Ratio—
Book Value/Sh24.80 USD
Cash/Share9.797 USD
Dividends
Fwd Div Rate1.120 USD
Trail. Div Rate1.060 USD
Div. Yield3.29%
5Y Avg Yield3.70%
Payout Ratio31.74%
Ex-Div DateMay 4, 2026
Pay DateMay 14, 2026
Splits
Last Split1:10
Split DateSep 1, 2010
Analyst Consensus
Rating—
Target (Mean)36.70 USD
Target Range36.00 USD – 37.00 USD
# Analysts5
Ownership
Shares Out.20.61M
Float20.05M
Insiders5.13%
Institutions87.90%
Short Interest
Short Ratio3.5d
Short % Float2.90%
Short % Out.2.73%
Shares Short561.07K
Short (prev mo.)644.46K
Technical
SMA 5033.55 (+1.7%)
SMA 20033.07 (+3.2%)
Beta0.70
S&P 52W Chg28.31%
Avg Vol (30d)155.05K
Avg Vol (10d)153.10K
Technical Indicators
RSI (14)—
MACD—
MACD Signal—
MACD Hist.—
BB Upper—
BB Middle—
BB Lower—
BB Width—
ATR (14)—
Vol Ratio (20d)—