Independent Bank Corp.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company accepts interest che…
Banks - Regional
US, Rockland [HQ]
Ratios
15 Sheets · From 2023 to 2009Configuration
Margins, Growth Rates In %
| Ratio | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||
| Gross Margin | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 99.11 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |
| Profit Margin | 12.17 | 19.08 | 20.67 | 18.15 | 20.12 | 22.59 | 22.43 | 24.71 | 25.51 | 31.45 | 32.49 | 25.38 | 23.85 | 36.24 | 30.10 | |
| Operating Margin | 43.27 | 43.26 | 41.52 | 34.37 | 36.05 | 39.33 | 38.95 | 42.18 | 44.72 | 46.93 | 42.90 | 32.01 | 30.88 | 46.51 | 39.60 | |
|
EPS Growth
|
-42.48 | 115.91 | 11.58 | -7.55 | 11.22 | 14.68 | 0.40 | 15.54 | 10.00 | 38.25 | 14.06 | -27.63 | -4.67 | 63.98 | -4.75 | |
| EPS USD | 88.00 | 190.00 | 212.00 | 196.00 | 218.00 | 250.00 | 251.00 | 290.00 | 319.00 | 441.00 | 503.00 | 364.00 | 347.00 | 569.00 | 542.00 | |
| Return on Assets (ROA) | 0.51 | 0.86 | 0.91 | 0.74 | 0.82 | 0.94 | 0.90 | 0.99 | 1.08 | 1.37 | 1.45 | 0.92 | 0.59 | 1.37 | 1.24 | |
| Return on Equity (ROE) | 5.57 | 9.22 | 9.69 | 8.05 | 8.50 | 9.34 | 8.42 | 8.86 | 9.24 | 11.33 | 9.67 | 7.12 | 4.01 | 9.14 | 8.27 | |
| Return on Invested Capital (ROIC) | 7.27 | 8.39 | 8.38 | 6.55 | 6.85 | 7.46 | 7.12 | 7.46 | 7.82 | 9.56 | 7.76 | 6.26 | 3.77 | 8.52 | 5.80 | |
| Solvency | ||||||||||||||||
| Equity Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Debt/Assets | 10.20 | 8.46 | 6.47 | 6.73 | 6.53 | 5.60 | 4.78 | 4.35 | 4.01 | 4.59 | 3.68 | 1.76 | 0.95 | 0.66 | 6.37 | |
| Debt/Equity | 110.74 | 91.03 | 68.55 | 73.24 | 67.37 | 55.68 | 44.66 | 38.80 | 34.30 | 37.87 | 24.58 | 13.64 | 6.42 | 4.40 | 42.56 | |
| Debt/EBITDA | 383.01 | 233.44 | 83.31 | 189.45 | 28.28 | 26.49 | -52.14 | -89.89 | -30.91 | 4.18 | 64.04 | -619.43 | -1,102.02 | -63.49 | 333.30 | |
|
Debt/Capitalization
|
52.55 | 47.65 | 40.67 | 42.28 | 40.25 | 35.77 | 30.87 | 27.95 | 25.54 | 27.47 | 19.73 | 12.00 | 6.03 | 4.22 | 29.86 | |
| Long-Term Debt/Capitalization | 52.55 | 47.65 | 40.67 | 42.28 | 29.22 | 24.58 | 21.44 | 15.50 | 14.57 | 19.42 | 15.07 | 9.61 | 4.81 | 3.78 | 3.77 | |
| Interest Debt per Share USD | 25.91 | 20.59 | 16.35 | 18.87 | 18.33 | 15.78 | 14.10 | 13.42 | 12.53 | 15.66 | 14.44 | 8.01 | 5.95 | 3.38 | 32.18 | |
| Debt Growth | -12.38 | -13.05 | -19.07 | 20.57 | -37.01 | -14.51 | 0.85 | -24.69 | 1.55 | 60.67 | 17.16 | -40.27 | -15.84 | -25.59 | 1,024.26 | |
| Liquidity | ||||||||||||||||
| Current Ratio | - - | - - | - - | - - | 3,334.11 | 3,649.01 | 4,536.01 | 3,701.25 | 186.41 | 5,011.59 | 10.07 | 25.01 | 37.03 | 17.97 | 2.30 | |
| Quick Ratio | - - | - - | - - | - - | 371.50 | 356.22 | 480.01 | 368.96 | 18.11 | 469.00 | 10.07 | 25.01 | 37.03 | 17.97 | 14.76 | |
| Cash Ratio | - - | - - | - - | - - | 140.21 | 120.53 | 205.86 | 163.41 | 5.84 | 169.45 | 2.63 | 18.97 | 21.77 | 3.62 | 2.12 | |
| Operating Cash Flow Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Turnover | ||||||||||||||||
| Inventory Turnover | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Receivables Turnover | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Payables Turnover | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Asset Turnover
|
4.21 | 4.49 | 4.42 | 4.08 | 4.10 | 4.16 | 4.02 | 4.02 | 4.23 | 4.37 | 4.46 | 3.62 | 2.48 | 3.77 | 4.11 | |
| Fixed Turnover | 427.01 | 461.29 | 455.48 | 425.17 | 384.64 | 413.37 | 382.74 | 395.31 | 360.89 | 396.26 | 411.10 | 410.21 | 259.42 | 370.43 | 321.96 | |
| Coverage | ||||||||||||||||
| Interest Coverage | 157.19 | 235.35 | 318.28 | 344.95 | 385.99 | 510.17 | 547.10 | 696.37 | 833.86 | 710.61 | 404.81 | 445.05 | 1,142.20 | 1,144.08 | 166.56 | |
| Asset Coverage | 900 | 1,100 | 1,500 | 1,400 | 2,400 | 3,000 | 3,400 | 4,800 | 2,800 | 3,400 | 1,800 | 3,500 | 6,600 | 8,400 | 700 | |
| Cash Flow Coverage (CFGR) | 8.21 | 11.74 | 17.27 | 10.75 | 35.47 | 23.76 | 25.99 | 27.82 | 40.44 | 34.89 | 51.57 | 27.84 | 98.22 | 331.42 | 22.85 | |
| EBITDA Coverage | 100 | 200 | 300 | 300 | 400 | 500 | 600 | 700 | 900 | 700 | 400 | 500 | 1,300 | 1,200 | 100 | |
| Dividend Coverage | -100 | -200 | -200 | -100 | -300 | -200 | -200 | -200 | -200 | -300 | -300 | -100 | -100 | -200 | -200 | |
| Time Interest Earned (TIE) | 200 | 200 | -100 | -100 | 5,800 | -100 | -100 | -100 | -100 | -100 | -100 | -100 | -100 | -100 | -100 | |
| Market Prospects | ||||||||||||||||
| Dividend Yield | 3.56 | 2.66 | 2.74 | 3.57 | 1.68 | 2.19 | 2.17 | 1.60 | 1.79 | 2.07 | 1.95 | 2.50 | 2.21 | 2.39 | 3.37 | |
| Earnings Yield | 5.61 | 7.02 | 7.77 | 6.76 | 5.58 | 5.85 | 5.39 | 4.12 | 4.57 | 6.27 | 6.05 | 4.99 | 4.26 | 6.74 | 8.24 | |
|
Price/Earnings (P/E)
|
1,782.38 | 1,423.63 | 1,286.70 | 1,479.35 | 1,791.34 | 1,709.65 | 1,854.17 | 2,426.90 | 2,186.24 | 1,595.12 | 1,653.68 | 2,004.91 | 2,349.84 | 1,484.08 | 1,214.01 | |
| Price/Earnings Growth (PEG) | -41.95 | 12.28 | 111.12 | -196.01 | 159.59 | 116.47 | 4,635.42 | 156.19 | 218.62 | 41.71 | 117.62 | -72.55 | -503.14 | 23.20 | -255.84 | |
|
Price/Book (P/B)
|
99.30 | 131.25 | 124.64 | 119.13 | 152.18 | 159.73 | 156.13 | 215.13 | 202.00 | 180.72 | 159.91 | 142.67 | 94.19 | 135.63 | 100.43 | |
| Price/Tangible Book (P/TB) | 99.30 | 131.25 | 124.64 | 119.13 | 152.18 | 159.73 | 156.13 | 215.13 | 202.00 | 180.72 | 159.91 | 142.67 | 94.19 | 135.63 | 100.43 | |
| Price/Sales (P/S) | 216.93 | 271.67 | 266.01 | 268.56 | 360.34 | 386.29 | 415.92 | 599.59 | 557.72 | 501.73 | 537.24 | 508.80 | 560.32 | 537.86 | 365.40 | |
|
Price/Cash Flow (P/CF)
|
1,092.24 | 1,227.93 | 1,052.79 | 1,512.82 | 636.94 | 1,207.40 | 1,345.13 | 1,992.98 | 1,456.35 | 1,367.78 | 1,261.52 | 3,758.41 | 1,494.65 | 929.53 | 1,032.67 | |
| Price/Free CF (P/FCF) | 1,325.46 | 1,445.50 | 1,238.25 | 1,780.31 | 681.77 | 1,327.70 | 1,523.58 | 2,242.76 | 1,801.48 | 1,483.98 | 1,366.15 | 4,667.21 | 1,722.89 | 980.94 | 1,094.91 | |
| Price/Operating CF (P/OCF) | 1,092.24 | 1,227.93 | 1,052.79 | 1,512.82 | 636.94 | 1,207.40 | 1,345.13 | 1,992.98 | 1,456.35 | 1,367.78 | 1,261.52 | 3,758.41 | 1,494.65 | 929.53 | 1,032.67 |