Independent Book Value per Share Trend from 2010 to 2022

INDB -  USA Stock  

USD 86.99  0.70  0.81%

Independent Book Value per Share is increasing over the years with slightly volatile fluctuation. Book Value per Share is expected to dwindle to 50.55. From 2010 to 2022 Independent Book Value per Share quarterly data regression line had arithmetic mean of 36.10 and r-squared of  0.90. The current year Income Tax Expense is expected to grow to about 36.6 M, whereas Consolidated Income is forecasted to decline to about 121.7 M.

Independent Historical Trends 

 
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Check Independent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent main balance sheet or income statement drivers, such as Consolidated Income of 121.7 M, Earning Before Interest and Taxes EBIT of 158.3 M or Gross Profit of 441.5 M, as well as many exotic indicators such as Calculated Tax Rate of 27.95, PPandE Turnover of 5.28 or Cash and Equivalents Turnover of 0.96. Independent financial statements analysis is a perfect complement when working with Independent Valuation or Volatility modules. It can also supplement various Independent Technical models. Please see the analysis of Independent Correlation against competitors.

Independent Quarterly Book Value per Share

53.14Share

Independent Book Value per Share Breakdown

Showing smoothed Book Value per Share of Independent Bk Corp with missing and latest data points interpolated. Measures the ratio between Shareholders Equity and [SharesWA] as adjusted by [ShareFactor].Independent's Book Value per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent's overall financial position and show how it may be relating to other accounts over time.
Book Value per Share10 Years Trend
Increasing
Slightly volatile
 Book Value per Share 
Share
      Timeline 

Independent Book Value per Share Regression Statistics

Arithmetic Mean 36.10
Geometric Mean 34.08
Coefficient Of Variation 35.84
Mean Deviation 10.94
Median 32.75
Standard Deviation 12.94
Sample Variance 167.37
Range 36.97
R-Value 0.95
Mean Square Error 18.89
R-Squared 0.90
Significance 0.00000094
Slope 3.15
Total Sum of Squares 2,008

Independent Book Value per Share History

2012  24.30 
2013  25.71 
2014  26.80 
2015  29.80 
2016  32.75 
2017  34.58 
2018  38.91 
2019  52.06 
2020  51.19 
2021  58.87 
2022  50.55 

Other Fundumenentals of Independent Bk Corp

Independent Book Value per Share component correlations

About Independent Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Independent income statement, its balance sheet, and the statement of cash flows. Independent investors use historical funamental indicators, such as Independent's Book Value per Share, to determine how well the company is positioned to perform in the future. Although Independent investors may use each financial statement separately, they are all related. The changes in Independent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independent's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Independent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Independent. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Book Value per Share 58.87  50.55 
Tangible Assets Book Value per Share 438.26  396.35 
Enterprise Value1.7 B1.8 B
Tangible Asset Value14.6 B12.1 B
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1432 people.

Independent Investors Sentiment

The influence of Independent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Independent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Independent Implied Volatility

    
  73.98  
Independent's implied volatility exposes the market's sentiment of Independent Bk Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Independent's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Independent stock will not fluctuate a lot when Independent's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Independent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Independent's short interest history, or implied volatility extrapolated from Independent options trading.

Current Sentiment - INDB

Independent Bk Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Independent Bk Corp. What is your judgment towards investing in Independent Bk Corp? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Please see the analysis of Independent Correlation against competitors. Note that the Independent Bk Corp information on this page should be used as a complementary analysis to other Independent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Independent Bk Corp price analysis, check to measure Independent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent is operating at the current time. Most of Independent's value examination focuses on studying past and present price action to predict the probability of Independent's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Independent's price. Additionally, you may evaluate how the addition of Independent to your portfolios can decrease your overall portfolio volatility.
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Is Independent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Independent Bk Corp is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent's value that differs from its market value or its book value, called intrinsic value, which is Independent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent's market value can be influenced by many factors that don't directly affect Independent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent's value and its price as these two are different measures arrived at by different means. Investors typically determine Independent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.