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7.35Enterprise Value over EBITDA
VS
Market
82
Sector
75
Industry
70
History
50
$ 31.15Close
$ 28.08 - $ 38.99 52-Week Range
Ticker Information

Ticker

IBCP

Company Name

INDEPENDENT BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

INDEPENDENT BANK CORP - Enterprise Value over EBITDA Chart Analysis (TTM)

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IBCP - EV/EBITDA Historical data
DateEarnings Before Interest Taxes & Depreciation Amortization (EBITDA)Enterprise ValueEnterprise Value over EBITDA
6/30/2025$ 89.61M$ 659.07M7.35
3/31/2025$ 92.2M$ 640.92M6.95
12/31/2024$ 93.05M$ 667.88M7.18
9/30/2024$ 88.29M$ 650.84M7.37
6/30/2024$ 92.67M$ 567.15M6.12
3/31/2024$ 87.72M$ 494.15M5.63
12/31/2023$ 83.69M$ 474.59M5.67
9/30/2023$ 84.28M$ 440.44M5.23
6/30/2023$ 83.95M$ 477.72M5.69
3/31/2023$ 81.97M$ 247.16M3.02
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Key Performance Insights, Last 5 Years

  • INDEPENDENT BANK CORP's latest trailing twelve months (TTM) EV/EBITDA stands at 5.36.
  • Over the past 5 years, INDEPENDENT BANK CORP's average EV/EBITDA has been 5.8.
  • The median EV/EBITDA for INDEPENDENT BANK CORP during this period was 5.65
  • INDEPENDENT BANK CORP reached its highest EV/EBITDA over the past 5 years at 7.37.
  • The lowest EV/EBITDA recorded by INDEPENDENT BANK CORP in the same timeframe 3.02

INDEPENDENT BANK CORP's EV/EBITDA vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

EV/EBITDA Benchmarks
CompanyEV/EBITDA
GSBC : GREAT SOUTHERN BANCORP INC 9.29THFF : FIRST FINANCIAL CORP 8.84CCNE : CNB FINANCIAL CORP 4.77ORRF : ORRSTOWN FINANCIAL SERVICES INC 10.12CAC : CAMDEN NATIONAL CORP 18.36HBNC : HORIZON BANCORP INC 26.76MPB : MID PENN BANCORP INC 5.94HTB : HOMETRUST BANCSHARES INC 7.32SPFI : SOUTH PLAINS FINANCIAL INC 3.12HAFC : HANMI FINANCIAL CORP 5.53

Definition of Enterprise Value over EBITDA

[Calculation] Measures a company’s Enterprise Value [EV] in relation to its earnings before interest, taxes, depreciation, and amortization [EBITDA].
EV / EBITDA
(=) EV/EBITDA
EV/EBITDA for INDEPENDENT BANK CORP is calculated as follows: EV [ $ 392.24M ] / EBITDA [ $ 73.23M ]
(=) EV/EBITDA [ 5.36 ]

IBCP - Enterprise Value over EBITDA, Last 5 years

3.02

Minimum

Mar 31, 2023

7.37

Maximum

Sep 30, 2024

5.8

Average

5.65

Median

EV/EBITDA Benchmark Analysis

The chart above depicts the distribution of EV/EBITDA for companies in the Total Stock Market. The average EV/EBITDA of the companies is 13.47 with a standard deviation of 7.62.
The following table provides additional summary stats:
EV/EBITDA in the Market:
filtered constituents2.43K
min0.01
max40.57
average13.47
median11.77
std7.62