Independent Bank Net Worth
Independent Bank Net Worth Breakdown | IBTX |
Independent Bank Net Worth Analysis
Independent Bank's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Independent Bank's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Independent Bank's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Independent Bank's net worth analysis. One common approach is to calculate Independent Bank's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Independent Bank's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Independent Bank's net worth. This approach calculates the present value of Independent Bank's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Independent Bank's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Independent Bank's net worth. This involves comparing Independent Bank's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Independent Bank's net worth relative to its peers.
Enterprise Value |
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To determine if Independent Bank is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Independent Bank's net worth research are outlined below:
Over 79.0% of the company shares are owned by institutional investors | |
On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders | |
Latest headline from thelincolnianonline.com: Independent Bank Hits New 1-Year High Heres Why |
Independent Bank Quarterly Good Will |
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Independent Bank uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Independent Bank Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Independent Bank's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of April 2024 Upcoming Quarterly Report | View | |
22nd of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
27th of January 2025 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
31st of December 2023 Last Financial Announcement | View |
Know Independent Bank's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Independent Bank is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Independent Bank Group backward and forwards among themselves. Independent Bank's institutional investor refers to the entity that pools money to purchase Independent Bank's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Manufacturers Life Insurance Co | 2024-09-30 | 540.8 K | Goldman Sachs Group Inc | 2024-06-30 | 534.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 485.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 430.5 K | Northern Trust Corp | 2024-09-30 | 392.9 K | Qube Research & Technologies | 2024-06-30 | 370.2 K | Bank Of America Corp | 2024-06-30 | 344.7 K | Magnetar Financial Llc | 2024-09-30 | 321.8 K | Westchester Capital Management Llc | 2024-09-30 | 304.4 K | Blackrock Inc | 2024-06-30 | 5.6 M | Vanguard Group Inc | 2024-09-30 | 4.1 M |
Follow Independent Bank's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.79 B.Market Cap |
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Project Independent Bank's profitablity
Last Reported | Projected for Next Year | ||
Return On Capital Employed | 0.03 | 0.02 | |
Return On Equity | 0.02 | 0.02 |
When accessing Independent Bank's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Independent Bank's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Independent Bank's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Independent Bank's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Independent Bank Group. Check Independent Bank's Beneish M Score to see the likelihood of Independent Bank's management manipulating its earnings.
Evaluate Independent Bank's management efficiency
Independent Bank has return on total asset (ROA) of (0.0234) % which means that it has lost $0.0234 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2028) %, meaning that it created substantial loss on money invested by shareholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0.02 in 2024. At this time, Independent Bank's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 17.9 B in 2024, whereas Total Assets are likely to drop slightly above 10.1 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 57.97 | 31.87 | |
Tangible Book Value Per Share | 32.77 | 18.42 | |
Enterprise Value Over EBITDA | 10.31 | 13.44 | |
Price Book Value Ratio | 0.88 | 1.69 | |
Enterprise Value Multiple | 10.31 | 13.44 | |
Price Fair Value | 0.88 | 1.69 | |
Enterprise Value | 2.1 B | 2.2 B |
Understanding the operational decisions made by Independent Bank management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 6.8325 | Revenue 466.7 M | Quarterly Revenue Growth (0.06) | Revenue Per Share 11.327 | Return On Equity (0.20) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Independent Bank insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Independent Bank Corporate Filings
F4 | 23rd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 22nd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 6th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
31st of July 2024 Other Reports | ViewVerify |
Independent Bank Earnings per Share Projection vs Actual
Independent Bank Corporate Management
Mark Esq | Exec Counsel | Profile | |
Brenda Montgomery | Chief Officer | Profile | |
Peggy Smolen | Senior Communications | Profile | |
Leslie Beseda | Senior Reporting | Profile | |
Daniel Strodel | Executive Officer | Profile |
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.