Independent Historical Income Statement

INDB Stock  USD 52.69  1.97  3.88%   
Historical analysis of Independent Bank income statement accounts such as Operating Income of 330.9 M or Ebit of 330.9 M can show how well Independent Bank performed in making a profits. Evaluating Independent Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Independent Bank's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Independent Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Independent Bank is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

About Independent Income Statement Analysis

Independent Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Independent Bank shareholders. The income statement also shows Independent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Independent Bank Income Statement Chart

Independent Bank Income Statement is one of the three primary financial statements used for reporting Independent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Independent Bank revenue and expense. Independent Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Independent Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 504.6 M, whereas Total Operating Expenses is projected to grow to (456.6 M).

Operating Income

Operating Income is the amount of profit realized from Independent Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Independent Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Independent Bank financial statement analysis. It represents the amount of money remaining after all of Independent Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from Independent Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Independent Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.At present, Independent Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 504.6 M, whereas Total Operating Expenses is projected to grow to (456.6 M).
 2021 2022 2023 2024 (projected)
EBIT156.7M338.5M315.1M330.9M
Operating Income156.7M338.5M315.1M330.9M

Independent Bank income statement Correlations

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0.610.170.170.08-0.080.110.19-0.360.090.130.130.130.310.190.04-0.11-0.090.210.06-0.110.03-0.290.57
0.730.171.00.99-0.890.990.980.820.940.970.971.00.710.36-0.82-0.470.880.290.890.890.860.790.62
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0.690.190.980.980.98-0.880.960.80.930.950.950.980.670.41-0.8-0.50.850.330.90.850.830.750.59
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0.710.131.01.01.0-0.911.00.980.850.950.980.980.730.34-0.83-0.450.890.280.890.90.880.820.61
0.840.310.710.710.67-0.820.740.670.60.810.820.820.730.16-0.67-0.270.580.210.520.680.730.660.75
0.070.190.360.360.38-0.320.280.410.280.390.30.30.340.16-0.58-0.820.30.350.240.170.180.010.03
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0.220.210.290.290.28-0.330.260.330.220.330.290.290.280.210.35-0.39-0.260.150.120.110.110.110.17
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0.670.030.860.860.86-0.850.90.830.780.830.880.880.880.730.18-0.7-0.230.950.110.90.980.90.72
0.53-0.290.790.790.81-0.850.840.750.910.840.860.860.820.660.01-0.68-0.210.850.110.780.940.90.54
0.930.570.620.620.54-0.630.620.590.310.630.670.680.610.750.03-0.36-0.140.50.170.560.60.720.54
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Independent Bank Account Relationship Matchups

Independent Bank income statement Accounts

201920202021202220232024 (projected)
Interest Expense53.9M34.3M13.7M29.6M189.2M198.7M
Other Operating Expenses290.3M(324.6M)(350.7M)(389.4M)480.6M504.6M
Operating Income218.1M152.8M156.7M338.5M315.1M330.9M
Ebit218.1M152.8M156.7M338.5M315.1M330.9M
Ebitda237.5M180.1M189.5M377.3M315.1M330.9M
Total Operating Expenses(290.3M)(324.6M)(350.7M)(389.4M)(480.6M)(456.6M)
Net Income165.2M121.2M121.0M263.8M239.5M251.5M
Income Tax Expense52.9M31.7M35.7M83.9M75.6M79.4M
Depreciation And Amortization19.4M27.3M32.8M38.8M25.8M27.1M
Selling General Administrative157.1M161.2M183.5M211.7M234.1M245.8M
Total Revenue508.4M477.5M507.4M727.9M795.7M835.5M
Gross Profit508.4M477.5M507.4M727.9M795.7M835.5M
Income Before Tax218.1M152.8M156.7M347.8M315.1M330.9M
Total Other Income Expense Net218.1M152.8M156.7M9.2M315.1M330.9M
Selling And Marketing Expenses4.9M5.4M4.3M4.1M4.7M3.5M
Net Income Applicable To Common Shares165.2M121.2M121.0M263.8M303.4M318.6M
Net Income From Continuing Ops165.2M121.2M121.0M263.8M239.5M123.5M
Tax Provision52.9M31.7M35.7M83.9M75.6M51.8M
Net Interest Income393.1M367.7M401.6M613.2M606.5M413.4M
Interest Income447.0M402.1M415.3M642.8M795.7M462.7M
Reconciled Depreciation19.4M27.3M32.8M38.8M36.1M29.2M

Independent Bank Investors Sentiment

The influence of Independent Bank'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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Independent Bank's public news can be used to forecast risks associated with an investment in Independent. The trend in average sentiment can be used to explain how an investor holding Independent can time the market purely based on public headlines and social activities around Independent Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Independent Bank's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Independent Bank's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Independent Bank's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Independent Bank.
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 Bank 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 Bank's short interest history, or implied volatility extrapolated from Independent Bank options trading.

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When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
Note that the Independent Bank information on this page should be used as a complementary analysis to other Independent Bank'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 the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is Independent Bank'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 Bank. 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 Bank 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
(0.26)
Dividend Share
2.2
Earnings Share
5.42
Revenue Per Share
16.015
Quarterly Revenue Growth
(0.11)
The market value of Independent Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank'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 Bank's market value can be influenced by many factors that don't directly affect Independent Bank'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 Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank'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.