Our trade recommendations module complements current
analysts and expert consensus on Independent Bk Cp. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time.
The company dividends can provide a clue to the current value of the stock. This firm one year expected dividend income is about $0.41 per share.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Independent Bank income statement, its balance sheet, and the statement of cash flows. Potential Independent Bank investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Independent Bank investors may use each financial statement separately, they are all related. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Independent Bank'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. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Independent Bank
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Independent Bank performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Independent Bank shares is the value that is considered the true value of the share. If
the intrinsic value of Independent is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Independent Bank. Please read more on our
fundamental analysis page.
How effective is Independent Bank in utilizing its assets?
Independent Bank reports assets on its Balance Sheet. It represents the amount of Independent resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Independent Bank aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Regional Banks space. To get a better handle on how balance sheet or income statements item affect Independent volatility, please check the breakdown of all its
fundamentals.
Are Independent Bank Earnings Expected to grow?
The
future earnings power of Independent Bank involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Independent Bank factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Independent Bank
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Independent
expected earnings.
And What about dividends?
A dividend is the distribution of a portion of Independent Bank earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Independent Bank dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Independent one year expected dividend income is about USD0.61 per share.
At this time, Independent Bank's
Dividend Yield is relatively stable compared to the past year. As of 04/18/2024,
Dividend Paid And Capex Coverage Ratio is likely to grow to 4.23, though
Dividends Paid is likely to grow to (18.4
M).
Investing in dividend-paying stocks, such as Independent Bank is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Independent Bank must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Independent Bank. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
Independent Bank Gross Profit
Independent Bank Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Independent Bank previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Independent Bank Gross Profit growth over the last 10 years. Please check Independent Bank's
gross profit and other
fundamental indicators for more details.
Is Independent Bank valued sensibly by the market?
There are few distinct groups of Independent stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Independent is distributed among investors.
Ownership Allocation
Independent secures a total of 21.28 Million outstanding shares. The majority of Independent Bk Cp
outstanding shares are owned by
outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Independent to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Independent Bk Cp. Please pay attention to any change in the institutional holdings of Independent Bk Cp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
| Retail Investors13.99% | | Institutions81.67% |
| Retail Investors | 13.99 |
| Insiders | 4.34 |
| Institutions | 81.67 |
| 2019 | 2020 | 2021 | 2022 (projected) |
Revenues USD | 169.49 M | 191.89 M | 220.68 M | 196.5 M | Revenues | 169.49 M | 191.89 M | 220.68 M | 196.5 M |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Independent has an asset utilization ratio of 8.83 percent. This suggests that the company is making $0.0883 for each dollar of assets. An increasing asset utilization means that Independent Bk Cp is more efficient with each dollar of assets it utilizes for everyday operations.
| Goodwill | 40.46 Million | 88.34 |
| Tax Assets | 5.34 Million | 11.66 |
Independent is getting out of control
The mean deviation is down to 1.02 as of today. Independent Bk Cp has relatively low volatility with skewness of -0.28 and kurtosis of 1.58. However, we advise all investors to independently investigate Independent Bk Cp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Independent's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Independent's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Independent Implied Volatility
Independent's implied volatility exposes the market's sentiment of Independent Bk Cp 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.
Our Final Perspective on Independent
Although many of the other players under the banks—regional industry are still a bit expensive, Independent may offer a potential longer-term growth to insiders. With an optimistic outlook on your 90 days horizon, it may be a good time to pick up new shares of Independent or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Independent.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Independent Bank. Please refer to our
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