Projected Income Statement: Independent Bank Corp.

Forecast Balance Sheet: Independent Bank Corp.

Forecast Balance Sheet - Independent Bank Corp.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 1/20/22 1/19/23 1/18/24 1/16/25 1/22/26 - - -
Estimates

Cash Flow Forecast: Independent Bank Corp.

Fiscal Period: December 2020 2021 2022 2023 2024 2025
CAPEX 1 12.59 25.2 22.07 15.84 20.44 12.14
Change - 100.22% -12.41% -28.22% 28.98% -40.62%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 2/26/21 2/28/22 2/28/23 2/28/24 2/28/25 2/27/26
1USD in Million
Estimates

Forecast Financial Ratios: Independent Bank Corp.

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 52.51% 49.64% 46.28% 41.08% 38.8% 46.22% 48.21% 49.33%
EBT Margin (%) - 30.88% 47.77% 43.1% 35.83% 30.57% 43.44% 45.48% 46.1%
Net margin (%) - 23.85% 36.24% 32.76% 27.85% 23.92% 33.18% 34.63% 35.08%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 1.26% 1.35% 1.24% 1% 1.17% 1.39% 1.46% 1.5%
ROE - 9.83% 9.22% 8.31% 6.57% 7.87% 11.94% 12.91% 13.06%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 1.92 2.08 2.2 2.28 2.36 2.54 2.584 2.624
Change - - 8.33% 5.77% 3.64% 3.51% 7.63% 1.73% 1.55%
Book Value Per Share 1 - 63.75 63.25 67.53 70.43 72.41 74.89 80.61 87.53
Change - - -0.78% 6.77% 4.29% 2.81% 3.42% 7.64% 8.59%
EPS 1 - 3.47 5.69 5.42 4.52 4.44 7.197 8.387 9.363
Change - - 63.98% -4.75% -16.61% -1.77% 62.09% 16.54% 11.65%
Nbr of stocks (in thousands) - 33,050 45,642 43,853 42,495 49,577 46,944 46,944 46,944
Announcement Date - 1/20/22 1/19/23 1/18/24 1/16/25 1/22/26 - - -
1USD
Estimates
2026 *2027 *
P/E 11.5x 9.86x
PBR 1.1x 1.03x
EV / Sales 3.76x 3.59x
Yield 3.07% 3.12%

EPS & Dividend

EPS & Dividend - Independent Bank Corp.


Y-o-Y evolution of P/E

Valuation ratios - P/E - Independent Bank Corp.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Independent Bank Corp.
Trader
Investor
-
Global
-
Quality
ESG MSCI
BB
MarketScreener Ratings - Independent Bank Corp.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
82.72USD
Average target price
94.00USD
Spread / Average Target
+13.64%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Independent Bank Corp.
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  4. Financials Independent Bank Corp.