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INDB Independent Bank

NASDAQ USD Financial Services

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Market cap
4B
P/E ratio
15.14
Analyst target
93.4286
Dividend yield
2.9%
Beta
0.79

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1 comment

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Admin

5 years, 4 months ago

Independent Bank Corp is currently in a long term downtrend where the price is trading 7.9% below its 200 day moving average.

From a valuation standpoint, the stock is 34.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.9.

Independent Bank Corp's total revenue sank by 8.7% to $118M since the same quarter in the previous year.

Its net income has dropped by 27.0% to $35M since the same quarter in the previous year.

Finally, its free cash flow grew by 85.9% to $143M since the same quarter in the previous year.

Based on the above factors, Independent Bank Corp gets an overall score of 2/5.