What is Independent Bank Operating Cash Flow per Share?
Independent Bank's operating cash flow per share for the
three
months ended in Dec. 2023 was $1.23.
Independent Bank's operating cash flow per share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.27.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Independent Bank was -31.00% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 47.80% per year.
During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 3.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.
The historical rank and industry rank for Independent Bank's Operating Cash Flow per Share or its related term are showing as below:
INDB'
s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: -27 Med: 8.2 Max: 47.8
Current: 47.8
During the past 13 years, Independent Bank's highest 3-Year average Operating Cash Flow per Share Growth Rate was 47.80% per year. The lowest was -27.00% per year. And the median was 8.20% per year.
INDB's 3-Year OCF Growth Rate is ranked better than 82.37% of 947
companies
in the Banks industry
Industry Median: 7.9
vs INDB: 47.80
Independent Bank Operating Cash Flow per Share Historical Data
The historical data trend for Independent Bank's Operating Cash Flow per Share 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.
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Independent Bank Operating Cash Flow per Share Chart
Competitive Comparison of Independent Bank's Operating Cash Flow per Share
For the Banks - Regional subindustry, Independent Bank's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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's Price-to-Operating-Cash-Flow Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Independent Bank's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Independent Bank's Price-to-Operating-Cash-Flow falls into.
Independent Bank Operating Cash Flow per Share Calculation
Operating Cash Flow per Share is the amount of Cash Flow from Operations per outstanding share of the company's stock.
Independent Bank's Operating Cash Flow per Share for the fiscal year that ended in Dec. 2023 is calculated as
Operating Cash Flow 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 $6.27
* 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 Operating Cash Flow per Share Related Terms
Thank you for viewing the detailed overview of Independent Bank's Operating Cash Flow per Share 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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