Independent Bank Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	3,867	3,599	2,728	2,821	3,853	3,860
Market Cap Growth	39.33%	31.91%	-3.31%	-26.78%	-0.18%	60.33%
Enterprise Value	4,022	3,958	2,791	2,934	3,966	3,973
Last Close Price	79.62	73.08	64.19	65.81	84.43	81.53
PE Ratio	17.93	16.46	14.20	12.14	14.84	23.50
Forward PE	10.91	10.48	13.00	13.79	12.73	18.10
PEG Ratio	-	3.23	3.23	3.23	3.23	3.23
PS Ratio	4.88	4.54	4.17	3.99	5.34	7.89
PB Ratio	1.10	1.01	0.91	0.97	1.33	1.28
P/TBV Ratio	1.03	0.95	0.91	1.00	1.36	0.94
P/FCF Ratio	16.18	15.06	13.02	10.80	9.65	23.39
P/OCF Ratio	15.40	14.33	11.87	10.19	9.15	20.29
EV/Sales Ratio	5.08	5.00	4.27	4.15	5.50	8.12
EV/EBITDA Ratio	-	93.92	68.26	81.28	102.23	121.04
EV/FCF Ratio	16.83	16.56	13.32	11.24	9.94	24.08
Debt / Equity Ratio	0.10	0.10	0.02	0.04	0.04	0.04
Debt / EBITDA Ratio	8.53	8.53	1.54	3.13	2.91	3.43
Debt / FCF Ratio	1.50	1.50	0.30	0.43	0.28	0.68
Net Debt / Equity Ratio	0.10	0.10	0.02	0.04	0.04	0.04
Net Debt / EBITDA Ratio	8.53	8.53	1.54	3.13	2.91	3.43
Net Debt / FCF Ratio	1.50	1.50	0.30	0.43	0.28	0.68
Asset Turnover	0.04	0.04	0.03	0.04	0.04	0.03
Return on Equity (ROE)	6.25%	6.25%	6.52%	8.28%	8.94%	5.13%
Earnings Yield	5.30%	6.08%	7.04%	8.24%	6.74%	4.26%
FCF Yield	6.18%	6.64%	7.68%	9.26%	10.36%	4.27%
Dividend Yield	2.91%	3.08%	3.53%	3.37%	2.39%	2.21%
Payout Ratio	54.28%	50.65%	50.08%	40.92%	35.53%	51.85%
Buyback Yield / Dilution	-8.65%	-8.65%	3.81%	4.73%	-32.97%	-4.82%
Total Shareholder Return	-5.75%	-5.58%	7.33%	8.11%	-30.57%	-2.61%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q