Independent Bank Corp Q3 2024 Earnings EPS of 0.65 Misses Estimate, Revenue at 41. ...
| IBCP Stock | USD 37.72 0.65 1.75% |
Slightly above 56% of Independent Bank's investor base is looking to short. The analysis of overall sentiment of trading Independent Bank stock suggests that many investors are alarmed at this time. Independent Bank's investing sentiment overview a quick insight into current market opportunities from investing in Independent Bank. Many technical investors use Independent Bank stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Independent |
Net Income Reported at 13.8 million for Q3 2024, a decrease from 17.5 million in the same period last year.GAAP EPS Recorded at 0.65 per diluted share, be
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Independent Bank Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Independent Bank can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Independent Bank Fundamental Analysis
We analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Independent Bank is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Independent Bank Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Independent Bank stock to make a market-neutral strategy. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics with similar companies.
Peers
Independent Bank Related Equities
| FCCO | First Community | 3.45 | ||||
| FNWB | First Northwest | 3.17 | ||||
| CWBC | Community West | 2.12 | ||||
| HBCP | Home Bancorp | 1.73 | ||||
| GSBC | Great Southern | 1.34 | ||||
| HFWA | Heritage Financial | 1.18 | ||||
| LSBK | Lake Shore | 1.10 | ||||
| HTBI | HomeTrust Bancshares | 1.08 | ||||
| FFNW | First Financial | 1.07 | ||||
| HFBL | Home Federal | 0.16 |
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.