Independent Profit Margin Trend from 2010 to 2022

INDB
 Stock
  

USD 81.52  2.09  2.63%   

Independent Profit Margin is increasing over the years with slightly volatile fluctuation. Ongoing Profit Margin is projected to grow to 0.28 this year. From 2010 to 2022 Independent Profit Margin quarterly data regression line had arithmetic mean of 0.25 and r-squared of  0.54. The current year Income Tax Expense is expected to grow to about 36.5 M, whereas Consolidated Income is forecasted to decline to about 114 M.
  
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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 114 M, Earning Before Interest and Taxes EBIT of 150.5 M or Gross Profit of 449.8 M, as well as many exotic indicators such as Calculated Tax Rate of 27.21, PPandE Turnover of 4.4 or Cash and Equivalents Turnover of 0.3. 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 Profit Margin

0.32

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Independent Profit Margin Breakdown

Showing smoothed Profit Margin of Independent Bk Corp with missing and latest data points interpolated. Measures the ratio between a company's Net Income Common Stock and Revenues.Independent's Profit Margin 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.
ViewLast Reported 24.91 %10 Years Trend
Increasing
Slightly volatile
 Profit Margin 
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      Timeline 

Independent Profit Margin Regression Statistics

Arithmetic Mean 0.25
Geometric Mean 0.25
Coefficient Of Variation 16.35
Mean Deviation 0.03235
Median 0.25
Standard Deviation 0.041062
Sample Variance 0.001686
Range 0.13
R-Value 0.73
Mean Square Error 0.00084741
R-Squared 0.54
Significance 0.004256
Slope 0.007743
Total Sum of Squares 0.020233

Independent Profit Margin History

2012 0.2
2013 0.21
2014 0.23
2016 0.25
2017 0.26
2018 0.32
2019 0.33
2020 0.28

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 Profit Margin, 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
Profit Margin 0.25  0.28 
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 1691 people.

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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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.
Quarterly Earnings Growth YOY
-0.11
Market Capitalization
3.8 B
Quarterly Revenue Growth YOY
0.34
Return On Assets
0.0078
Return On Equity
0.0566
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.