Independent Bank Corp.

Independent Bank Corp.

71.00
EUR
+0.50
(+0.71%)
4.83EPS
15.09P/E
3.47BMarket Cap
Jan 21Next Earn

Total Valuation

EUR

As of June 30, 2026, Independent Bank Corp. carries a market capitalization of 3.47B, placing it among publicly traded companies globally. Its enterprise value stands at 2.82B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap3.47B
Enterprise Value2.82B

Important Dates

Independent Bank Corp.'s next confirmed earnings release is scheduled for January 21, 2027.

Earnings Date1/21/2027

Share Statistics

As of June 30, 2026, Independent Bank Corp. has 47.55M shares outstanding.

Shares Outstanding47.55M

Valuation Ratios

As of June 30, 2026, Independent Bank Corp. trades at a trailing price-to-earnings ratio of 15.09. The price-to-sales ratio is 4.14, and the price-to-book ratio stands at 1.13.

PE Ratio15.09
PS Ratio4.14
PB Ratio1.13
P/TBV Ratio1.72
P/FCF Ratio13.49
P/OCF Ratio12.73

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 3.25 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Independent Bank Corp. trades at an EV/FCF ratio of 10.59, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 2.82B versus a market cap of 3.47B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.25
EV / FCF10.59

Financial Position

These figures are as of June 30, 2026.

Debt / Equity19.97

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Independent Bank Corp. posted a return on equity (ROE) of 8.24, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.21, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.74, useful for judging operating efficiency across full business cycles. The company generates approximately 397,686.77 in revenue per employee across its workforce of 2,179.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)8.24
Return on Assets (ROA)1.21
Return on Capital Employed (ROCE)6.74
Revenue Per Employee397,686.77
Employee Count2,179.75

Taxes

EUR

Over the twelve months ended June 30, 2026, Independent Bank Corp. recorded 69.10M in income tax expense. That works out to an effective tax rate of 22.54, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 306.61M, leaving 237.52M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax69.10M
Effective Tax Rate22.54

Stock Price Statistics

EUR

As of the close on September 25, 2026, Independent Bank Corp.'s stock has gained approximately 19.33% over the past 52 weeks. The 50-day moving average sits at 72.01, while the 200-day moving average is 68.74.

52-Week Price Change19.33%
50-Day Moving Average72.01
200-Day Moving Average68.74

Income Statement

EUR

Over the twelve months ended June 30, 2026, Independent Bank Corp. generated 866.86M in revenue and converted that into 237.52M in net income, yielding earnings per share of 4.83.

Revenue866.86M
Pretax Income306.61M
Net Income237.52M
Earnings Per Share (EPS)4.83

Balance Sheet

EUR

As of June 30, 2026, Independent Bank Corp. holds 1.27B in cash and equivalents against 613.99M in total debt, resulting in a net debt position of -262.38M.

Cash & Cash Equivalents1.27B
Total Debt613.99M
Net Debt-262.38M
Equity (Book Value)3.07B
Book Value Per Share64.66

Cash Flow

EUR

Independent Bank Corp. produced 281.60M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -15.69M in capital expenditures, free cash flow totaled 265.91M - equivalent to 5.42 per share.

Operating Cash Flow281.60M
Capital Expenditures-15.69M
Free Cash Flow265.91M
FCF Per Share5.42

Margins

These figures cover the twelve months ended June 30, 2026.

Pretax Margin35.37
Profit Margin27.40

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Independent Bank Corp. paid dividends of 2.04 per share. The dividend payout ratio of 42.26 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.41, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 9.04, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Independent Bank Corp. shareholders.

Dividend Per Share2.04
Payout Ratio42.26
Shareholder Yield9.04
FCF Yield7.41

Stock Splits

Independent Bank Corp.'s most recent stock split took place on October 1, 1987 with a 2:3 split ratio.

Last Split Date10/1/1987
Split Ratio2:3