Independent Bank [INDB] vs Western Alliance [WAL] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 18 vital metrics comparison: Independent Bank wins in 10 metrics, Western Alliance wins in 8 metrics, with 0 ties. Independent Bank appears stronger overall.

View Metrics Details

Vital Metrics Comparison

MetricIndependent BankWestern AllianceBetter
P/E Ratio (TTM)16.0111.45Western Alliance
Price-to-Book Ratio0.981.39Independent Bank
Debt-to-Equity Ratio0.270.93Independent Bank
PEG Ratio-19.380.61Independent Bank
Profit Margin (TTM)28.44%27.12%Independent Bank
Operating Margin (TTM)41.02%40.78%Independent Bank
EBITDA Margin (TTM)41.02%40.78%Independent Bank
Return on Equity6.29%12.42%Western Alliance
Return on Assets (TTM)0.96%1.02%Western Alliance
Free Cash Flow (TTM)$209.49M$-2.83BIndependent Bank
Dividend Yield4.61%1.56%Independent Bank
1-Year Return12.62%6.13%Independent Bank
Price-to-Sales Ratio (TTM)5.343.08Western Alliance
Enterprise Value$3.43B$13.79BWestern Alliance
EV/Revenue Ratio5.184.42Western Alliance
Revenue per Share (TTM)$16$29Western Alliance
Earnings per Share (Diluted)$4.43$7.61Western Alliance
Beta (Stock Volatility)0.881.32Independent Bank
Performance
Key Stats
Valuation
Financials
Short Interest
Dividends

Independent Bank vs Western Alliance Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Independent Bank-0.54%7.35%3.55%15.95%4.65%12.26%
Western Alliance-0.33%5.55%6.19%20.63%1.31%5.10%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Independent Bank12.62%-11.20%10.91%59.42%225.41%135.29%
Western Alliance6.13%10.05%139.90%187.75%1,236.35%192.38%

Performance & Financial Health Analysis: Independent Bank vs Western Alliance

MetricINDBWAL
Market Information
Market Cap i$3.54B$9.62B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i324,6001,002,720
90 Day Avg. Volume i391,7901,099,770
Last Close$70.56$86.84
52 Week Range$52.15 - $77.23$57.05 - $98.10
% from 52W High-8.64%-11.48%
All-Time High$99.85 (Mar 08, 2021)$124.93 (Jan 10, 2022)
% from All-Time High-29.33%-30.49%
Growth Metrics
Quarterly Revenue Growth0.05%0.10%
Quarterly Earnings Growth0.00%0.19%
Financial Health
Profit Margin (TTM) i0.28%0.27%
Operating Margin (TTM) i0.41%0.41%
Return on Equity (TTM) i0.06%0.12%
Debt to Equity (MRQ) i0.270.93
Cash & Liquidity
Book Value per Share (MRQ)$72.13$62.57
Cash per Share (MRQ)$18.94$29.45
Operating Cash Flow (TTM) i$233.19M$-3,701,400,064
Levered Free Cash Flow (TTM) i$192.08M$774.90M
Dividends
Last 12-Month Dividend Yield i4.61%1.56%
Last 12-Month Dividend i$2.89$1.13

Valuation & Enterprise Metrics Analysis: Independent Bank vs Western Alliance

MetricINDBWAL
Price Ratios
P/E Ratio (TTM) i16.0111.45
Forward P/E i13.729.69
PEG Ratio i-19.380.61
Price to Sales (TTM) i5.343.08
Price to Book (MRQ) i0.981.39
Market Capitalization
Market Capitalization i$3.54B$9.62B
Enterprise Value i$3.43B$13.79B
Enterprise Value Metrics
Enterprise to Revenue i5.184.42
Enterprise to EBITDA iN/AN/A
Risk & Other Metrics
Beta i0.881.32
Book Value per Share (MRQ) i$72.13$62.57

Financial Statements Comparison: Independent Bank vs Western Alliance

Financial Metrics

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Revenue

EBITDA

Shareholders Equity

Operating Margin

Free Cash Flow

Long Term Debt

Profit Margin

Current Ratio

Operating Cash Flow

Income Statement (MRQ)

Metric (MRQ)INDBWAL
Revenue/Sales i$176.11M$825.80M
Cost of Goods Sold iN/AN/A
Gross Profit iN/AN/A
Research & Development iN/AN/A
Operating Income (EBIT) iN/AN/A
EBITDA iN/AN/A
Pre-Tax Income i$57.17M$291.30M
Income Tax i$12.74M$53.50M
Net Income (Profit) i$44.42M$237.80M

Balance Sheet & Liquidity Metrics (MRQ)

Metric (MRQ)INDBWAL
Cash & Equivalents i$901.23M$3.28B
Total Current Assets iN/AN/A
Total Current Liabilities iN/AN/A
Long-Term Debt i$759.43M$2.67B
Total Shareholders Equity i$3.07B$7.22B
Retained Earnings i$1.22B$4.98B
Property, Plant & Equipment iN/A$486.00M

Cash Flow Statement Comparison (MRQ)

Metric (MRQ)INDBWAL
Operating Cash Flow i$-438,000$-1.64B
Capital Expenditures i$-2.03M$-16.60M
Free Cash Flow i$11.31M$-1.67B
Debt Repayment i$-138.00M$-2.01B
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricINDBWAL
Shares Short i1.77M4.93M
Short Ratio i3.444.32
Short % of Float i0.05%0.05%
Average Daily Volume (10 Day) i324,6001,002,720
Average Daily Volume (90 Day) i391,7901,099,770
Shares Outstanding i42.42M110.05M
Float Shares i48.76M103.16M
% Held by Insiders i0.01%0.03%
% Held by Institutions i0.80%0.93%

Dividend Analysis & Yield Comparison: Independent Bank vs Western Alliance

MetricINDBWAL
Last 12-Month Dividend i$2.89$1.13
Last 12-Month Dividend Yield i4.61%1.56%
3-Year Avg Annual Dividend i$2.24$1.35
3-Year Avg Dividend Yield i0.96%0.61%
3-Year Total Dividends i$6.72$4.04
Ex-Dividend DateJun 30, 2025Feb 14, 2025