Independent Bank (INDB) EV to CFO (2010 - 2026)
Independent Bank (INDB) posted EV to CFO of 54.02 for Q2 2026, up 74.36% on a QoQ basis from 30.98 in Q1 2026, and up 116.78% year-over-year from 24.92 in Q2 2025.
Analysis
Independent Bank (INDB) EV to CFO (2010 - 2026) Analysis & Trends
Independent Bank has reported EV to CFO for 17 years, with the latest figure at 54.02 in Q2 2026.
- On a quarterly basis, EV to CFO rose 116.78% year-over-year to 54.02 in Q2 2026; TTM through Jun 2026 was 12.12, a 8.93% increase from a year earlier, with the FY2025 full-year figure at 14.24, up 20.97% from the prior year.
- EV to CFO was 54.02 for Q2 2026 at Independent Bank, up from 30.98 in the prior quarter.
- The five-year high for EV to CFO was 198.49 in Q1 2025, with the low at 20.97 in Q2 2022.
- Average EV to CFO over 5 years is 47.67, with a median of 34.34 recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: EV to CFO soared 364.51% in 2025, then sank 84.39% in 2026.
- Over 5 years, EV to CFO stood at 33.23 in 2022, then surged by 57.44% to 52.31 in 2023, then grew by 20.65% to 63.11 in 2024, then retreated by 28.2% to 45.32 in 2025, then climbed by 19.2% to 54.02 in 2026.
- The last three EV to CFO figures came in at 54.02 (Q2 2026), 30.98 (Q1 2026), and 45.32 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | Independent Bank | 3.95 Bn | 3.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.02 |
| Mar 31, 2026 | 30.98 |
| Dec 31, 2025 | 45.32 |
| Sep 30, 2025 | 65.60 |
| Jun 30, 2025 | 24.92 |
| Mar 31, 2025 | 198.49 |
| Dec 31, 2024 | 63.11 |
| Sep 30, 2024 | 35.45 |
| Jun 30, 2024 | 32.49 |
| Mar 31, 2024 | 42.73 |
| Dec 31, 2023 | 52.31 |
| Sep 30, 2023 | 26.40 |
| Jun 30, 2023 | 21.40 |
| Mar 31, 2023 | 55.83 |
| Dec 31, 2022 | 33.23 |
| Sep 30, 2022 | 25.34 |
| Jun 30, 2022 | 20.97 |
| Mar 31, 2022 | 29.44 |
| Dec 31, 2021 | 84.37 |
| Sep 30, 2021 | 27.94 |