Independent Total Assets from 2010 to 2024

IBCP Stock

USD 37.72 0.65 1.75%

Independent Bank Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 5.5 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

1989-06-30

Previous Quarter

5.3 B

Current Value

5.3 B

Quarterly Volatility

1.4 B

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Independent Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independent Bank's main balance sheet or income statement drivers, such as Interest Expense of 87.5 M, Other Operating Expenses of 55.3 M or Operating Income of 54.2 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0332 or PTB Ratio of 1.65. Independent financial statements analysis is a perfect complement when working with Independent Bank Valuation or Volatility modules.

Check out the analysis of Independent Bank Correlation against competitors.

To learn how to invest in Independent Stock, please use our How to Invest in Independent Bank guide.

Latest Independent Bank's Total Assets Growth Pattern

Below is the plot of the Total Assets of Independent Bank over the last few years. Total assets refers to the total amount of Independent Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Independent Bank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Independent Bank's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 5.28 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Independent Total Assets Regression Statistics

	Arithmetic Mean	3,233,943,313
	Geometric Mean	2,777,217,800
	Coefficient Of Variation	45.24
	Mean Deviation	1,200,790,601
	Median	2,789,355,000
	Standard Deviation	1,463,128,531
	Sample Variance	2140745.1T
	Range	5.2B
	R-Value	0.96
	Mean Square Error	171160.1T
	R-Squared	0.93
	Slope	314,786,492
	Total Sum of Squares	29970431.4T

Independent Total Assets History

	2024	5.5 B
	2023	5.3 B
	2022	5 B
	2021	4.7 B
	2020	4.2 B
	2019	3.6 B
	2018	3.4 B

Other Fundumenentals of Independent Bank

Intangibles To Total Assets

Independent Bank Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Total Current Assets	Net Receivables	Short Term Debt	Common Stock	Accounts Payable	Long Term Debt	Intangible Assets	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.91	0.39	0.77	0.55	-0.27	0.88	0.0	0.39	0.78	0.72	0.78	-0.42	0.73	-0.17	0.76	0.88	0.07	0.09	-0.77	0.92	-0.87
Total Stockholder Equity	0.91		0.51	0.73	0.42	-0.14	0.65	0.05	0.59	0.81	0.6	0.61	-0.53	0.72	-0.01	0.94	0.74	0.27	-0.06	-0.71	0.81	-0.72
Net Debt	0.39	0.51		0.64	0.22	-0.26	0.27	0.49	0.19	0.69	0.69	0.48	-0.8	0.57	0.29	0.62	0.46	0.2	-0.08	-0.33	0.47	-0.32
Retained Earnings	0.77	0.73	0.64		0.42	-0.65	0.8	0.0	-0.06	0.8	0.83	0.73	-0.8	0.75	-0.24	0.66	0.87	0.03	0.1	-0.74	0.87	-0.85
Total Liab	0.55	0.42	0.22	0.42		-0.26	0.68	0.25	0.18	0.31	0.4	0.58	-0.11	0.21	-0.68	0.27	0.65	-0.15	-0.31	-0.57	0.38	-0.49
Total Current Assets	-0.27	-0.14	-0.26	-0.65	-0.26		-0.53	0.06	0.55	-0.31	-0.6	-0.34	0.47	-0.32	0.47	-0.05	-0.62	0.16	-0.31	0.34	-0.52	0.61
Net Receivables	0.88	0.65	0.27	0.8	0.68	-0.53		-0.08	-0.01	0.63	0.76	0.8	-0.38	0.6	-0.49	0.45	0.94	-0.14	0.15	-0.76	0.86	-0.91
Short Term Debt	0.0	0.05	0.49	0.0	0.25	0.06	-0.08		0.29	0.11	0.18	0.15	-0.04	-0.02	0.26	0.18	0.01	-0.15	0.07	0.15	-0.06	0.1
Common Stock	0.39	0.59	0.19	-0.06	0.18	0.55	-0.01	0.29		0.38	-0.03	0.21	0.04	0.2	0.34	0.68	0.03	0.21	-0.11	-0.06	0.15	0.06
Accounts Payable	0.78	0.81	0.69	0.8	0.31	-0.31	0.63	0.11	0.38		0.76	0.81	-0.79	0.79	0.06	0.84	0.72	0.01	0.21	-0.55	0.83	-0.61
Long Term Debt	0.72	0.6	0.69	0.83	0.4	-0.6	0.76	0.18	-0.03	0.76		0.8	-0.65	0.8	-0.07	0.53	0.87	0.1	0.15	-0.64	0.86	-0.74
Intangible Assets	0.78	0.61	0.48	0.73	0.58	-0.34	0.8	0.15	0.21	0.81	0.8		-0.49	0.76	-0.19	0.56	0.78	-0.19	0.19	-0.59	0.82	-0.64
Property Plant Equipment	-0.42	-0.53	-0.8	-0.8	-0.11	0.47	-0.38	-0.04	0.04	-0.79	-0.65	-0.49		-0.62	-0.03	-0.61	-0.53	-0.16	-0.01	0.45	-0.58	0.44
Good Will	0.73	0.72	0.57	0.75	0.21	-0.32	0.6	-0.02	0.2	0.79	0.8	0.76	-0.62		0.09	0.66	0.69	0.38	0.03	-0.64	0.87	-0.63
Short Term Investments	-0.17	-0.01	0.29	-0.24	-0.68	0.47	-0.49	0.26	0.34	0.06	-0.07	-0.19	-0.03	0.09		0.19	-0.43	0.21	0.25	0.48	-0.13	0.35
Net Tangible Assets	0.76	0.94	0.62	0.66	0.27	-0.05	0.45	0.18	0.68	0.84	0.53	0.56	-0.61	0.66	0.19		0.57	0.25	-0.01	-0.52	0.68	-0.5
Long Term Debt Total	0.88	0.74	0.46	0.87	0.65	-0.62	0.94	0.01	0.03	0.72	0.87	0.78	-0.53	0.69	-0.43	0.57		0.02	0.04	-0.84	0.9	-0.92
Long Term Investments	0.07	0.27	0.2	0.03	-0.15	0.16	-0.14	-0.15	0.21	0.01	0.1	-0.19	-0.16	0.38	0.21	0.25	0.02		-0.56	-0.26	0.09	0.04
Short Long Term Debt	0.09	-0.06	-0.08	0.1	-0.31	-0.31	0.15	0.07	-0.11	0.21	0.15	0.19	-0.01	0.03	0.25	-0.01	0.04	-0.56		0.36	0.24	-0.17
Earning Assets	-0.77	-0.71	-0.33	-0.74	-0.57	0.34	-0.76	0.15	-0.06	-0.55	-0.64	-0.59	0.45	-0.64	0.48	-0.52	-0.84	-0.26	0.36		-0.73	0.77
Net Invested Capital	0.92	0.81	0.47	0.87	0.38	-0.52	0.86	-0.06	0.15	0.83	0.86	0.82	-0.58	0.87	-0.13	0.68	0.9	0.09	0.24	-0.73		-0.89
Capital Stock	-0.87	-0.72	-0.32	-0.85	-0.49	0.61	-0.91	0.1	0.06	-0.61	-0.74	-0.64	0.44	-0.63	0.35	-0.5	-0.92	0.04	-0.17	0.77	-0.89

Click cells to compare fundamentals

About Independent Bank Financial Statements

Independent Bank shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Independent Bank investors may analyze each financial statement separately, they are all interrelated. The changes in Independent Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independent Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	5.3 B	5.5 B
Intangibles To Total Assets	0.01	0.01

Pair Trading with Independent Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Independent Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Independent Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Independent Stock

0.97	AX	Axos Financial	Pair Corr
0.96	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.96	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against Independent Stock

0.4	CFG-PE	Citizens Financial	Pair Corr
0.37	WF	Woori Financial Group	Pair Corr
0.35	TFC-PO	Truist Financial	Pair Corr
0.35	TFC-PR	Truist Financial	Pair Corr

The ability to find closely correlated positions to Independent Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Independent Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Independent Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Independent Bank to buy it.

The correlation of Independent Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Independent Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Independent Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Independent Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Independent Stock Analysis

When running Independent Bank's price analysis, check to measure Independent Bank'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 Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.

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