EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Independent Bank's enterprise value is $3,185.9 Mil.
Independent Bank's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $704.4 Mil. Therefore, Independent Bank's EV-to-Revenue for today is 4.52.
The historical rank and industry rank for Independent Bank's EV-to-Revenue or its related term are showing as below:
INDB'
s EV-to-Revenue Range Over the Past 10 Years
Min: 0.43 Med: 4.11 Max: 6.76
Current: 4.41
During the past 13 years, the highest EV-to-Revenue of Independent Bank was 6.76. The lowest was 0.43. And the median was 4.11.
INDB's EV-to-Revenue is ranked worse than 72.52% of 1459
companies
in the Banks industry
Industry Median: 2.44
vs INDB: 4.41
As of today (2024-04-24), Independent Bank's stock price is $51.63.
Independent Bank's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $16.16. Therefore, Independent Bank's PS Ratio for today is 3.20.
Independent Bank EV-to-Revenue Historical Data
The historical data trend for Independent Bank's EV-to-Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Independent Bank's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Bank EV-to-Revenue Distribution
For the Banks industry and Financial Services sector, Independent Bank's EV-to-Revenue distribution charts can be found below:
* The bar in red indicates where Independent Bank's EV-to-Revenue falls into.
Independent Bank's current Enterprise Value is $3,185.9 Mil.
Independent Bank's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $704.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank (NAS:INDB) EV-to-Revenue Explanation
Independent Bank's share price for today is $51.63.
Independent Bank's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.16.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank EV-to-Revenue Related Terms
Thank you for viewing the detailed overview of Independent Bank's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Independent Bank (Independent Bank) Business Description
Independent Bank is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank's revenue is derived from a wide array of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. Rockland has historically relied heavily on both organic growth and select merger and acquisition activity to drive growth. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, most of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
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