Loading…
Employees: 826
Size Independent Bank (IBCP) is a United States Financials company (Regional Banks) with a market value of $802M, the 2391st largest of 3,117 United States companies the cockpit tracks. Shares closed at $36.31 on 6 Nov 2026.
Performance Over six months the shares gained 5.2%, against +4.5% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue grew 2.9% over the last twelve months (peer median +5.9%); the operating margin is 35.4% (peer median 37.1%).
Valuation It trades at 1.39× book value against a peer median of 1.25× (7th most expensive of 21).
Price implies The share price implies a return on equity of about 10.6%; Independent Bank delivers 13.5%, so the price asks less than the business earns today.
Short interest Short interest is 3.0% of the free float (15 Oct 2026).
Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $332M | $315M | $320M | $290M | $234M |
| Revenue growth | — | -2% | +11% | +24% | — |
| Net income | $72.1M | $68.5M | $66.8M | $59.1M | $63.4M |
| Free cash flow | n/a | $70.2M | $55.2M | $47.5M | $54.1M |
| Capital expenditure | n/a | $6.49M | $7.95M | $6.02M | $5.68M |
| Total debt | $43.9M | $124M | $131M | $134M | $171M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IBCP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.5% | +0.2% | 9th highest of 21 |
| 6-month return | +5.2% | +4.5% | 10th highest of 20 |
| Return on equity | 13.5% | 11.3% | 5th highest of 20 |
| Price / book | 1.39× | 1.25× | 7th most expensive of 21 |
| Trailing P/E | 10.7× | 11.2× | 7th cheapest of 19 |
| ROE the price implies | 10.6% | 8.6% | 5th most demanding of 19 |
| ROE delivered | 13.5% | 11.3% | 5th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Independent Bank IBCP | United States | $802M | +5% | +3% | 14% | 1.39× | 10.6% | 13.5% |
| South Plains Financial SPFI | United States | $800M | +4% | +10% | 13% | 1.28× | 8.4% | 12.6% |
| Close Brothers CBG.L | United Kingdom | $791M | -10% | -12% | -6% | 0.40× | 8.8% | -5.9% |
| Luzhou Bank 1983.HK | Hong Kong | $790M | -5% | +6% | 14% | 0.45× | 4.0% | 14.0% |
| Peapack-Gladstone Financial PGC | United States | $814M | +7% | +11% | 9% | 1.10× | 9.1% | 8.9% |
| SmartFinancial SMBK | United States | $816M | +13% | +10% | 11% | 1.40× | 10.8% | 11.1% |
| AGI AGBK | United States | $777M | -31% | n/a | n/a | 0.84× | 11.3% | n/a |
| Financial Institutions FISI | United States | $776M | +12% | +42% | 30% | 1.29× | n/a | 30.0% |
| River City Bank RCBC | United States | $832M | n/a | +1% | 16% | 1.38× | 7.6% | 15.9% |
| Thurgauer Kantonalbank TKBP.SW | Switzerland | $838M | -6% | -11% | 6% | 0.23× | n/a | 5.6% |
| Hong Leong Finance S41.SI | Singapore | $846M | -5% | -27% | 3% | 0.51× | 2.5% | 3.1% |
| SpareBank 1 Ringerike Hadeland RING.OL | Norway | $752M | +2% | -4% | 13% | 1.40× | 6.9% | 13.0% |
| VersaBank VBNK.TO | Canada | $752M | +27% | +14% | 6% | 1.86× | 13.6% | 6.2% |
| Bank of Iwate 8345.T | Japan | $857M | -6% | +24% | 5% | 0.64× | 5.7% | 5.2% |
| Shikoku Bank 8387.T | Japan | $857M | +26% | +36% | 10% | 0.68× | 5.4% | 9.6% |
| First Community Bankshares FCBC | United States | $860M | +4% | +9% | 12% | 1.58× | 9.9% | 11.8% |
| Capital City Bank CCBG | United States | $861M | +7% | 0% | 11% | 1.50× | 8.4% | 11.3% |
| Shore Bancshares SHBI | United States | $746M | +14% | +3% | 11% | 1.21× | 10.2% | 11.5% |
| Orrstown Financial Services ORRF | United States | $862M | +18% | +1% | 15% | 1.42× | 10.5% | 14.8% |
| Okinawa Financial 7350.T | Japan | $865M | +14% | +21% | 8% | 0.83× | 6.3% | 7.7% |
| HomeTrust Bancshares HTB | United States | $743M | +2% | -3% | 11% | 1.30× | 10.6% | 11.3% |