$84.47
Value $3.9B
Independent BankvsMorgan Stanley
INDB and MS stock compared: price, dividend, valuation and results, from SEC filings.
+0.42%
$190.65
Value $303B
Independent Bank (INDB) has a market value of $3.9B and Morgan Stanley (MS) $303B. Over the last year, with dividends, INDB moved +25.1% and MS +14.7%. The P/E is 12.0 for INDB and 15.3 for MS. Dividend yield: INDB 2.97%, MS 2.26%.
At a glance
The main figures of both. A bar only shows which number is larger, not which is better.
Market value
INDB$3.9B
MS$303B
MS is 77 times INDB
Revenue, 12 months
INDB$1.0B
MS$80.2B
MS is 78 times INDB
Net income, 12 months
INDB$327M
MS$20.5B
MS is 63 times INDB
Operating margin
INDB–
MS–
ROIC
INDB9.1%
MS4.4%
4.7 points apart
P/E
INDB12.0
MS15.3
MS is 1.3 times INDB
Dividend yield
INDB3.0%
MS2.3%
0.7 points apart
5-year return
INDB+14.2%
MS+123.5%
109.3 points apart
A fainter bar means a negative number. The 5-year return includes dividends.
The price over time
Both start at 100 at the beginning of the period, so the lines show how much each changed. With dividends means each dividend buys more shares.
INDB+14.2%
MS+123.5%
| Period | INDBWith dividends | MSWith dividends |
|---|---|---|
| 1 year since November 12, 2025 | +25.1%Price +21.1% | +14.7%Price +12.2% |
| 3 years since November 13, 2023 | +81.6%+22.0% a yearPrice +62.9% | +176.8%+40.4% a yearPrice +154.1% |
| 5 years since November 12, 2021 | +14.2%+2.7% a yearPrice -3.8% | +123.5%+17.5% a yearPrice +90.9% |
| 10 years since November 15, 2016 | +77.3%+5.9% a yearPrice +32.7% | +530.5%+20.2% a yearPrice +376.6% |
Each cell: the total return with dividends, its yearly rate, and the price change alone. Before taxes and costs. Past returns do not predict future ones.
Every figure
As on each company's page. A description, not a recommendation: no one figure says which is better.
INDBIndependent BankMSMorgan Stanley
Valuation
INDBMS| Price | $84.47 | $190.65 |
|---|---|---|
| Market value | $3.9B | $303B |
| Enterprise value (EV) | – | – |
| P/E | 12.0 | 15.3 |
| P/E, 5-year median | 14.8 | 15.8 |
| P/B | 1.1 | 2.6 |
| EV/EBIT | – | – |
| Free cash flow yield | – | – |
Results and growth
INDBMS| Revenue, 12 months | $1.0B | $80.2B |
|---|---|---|
| Net income, 12 months | $327M | $20.5B |
| Free cash flow, 12 months | – | – |
| Earnings per share, 12 months | $6.79 | $12.60 |
| Revenue growth, year on year | 24.3% | 14.4% |
| Revenue growth a year, past | +12.3%over 5 years | +7.7%over 5 years |
| EPS growth a year, past | +4.1%over 5 years | +9.6%over 5 years |
Margins and returns on capital
INDBMS| Gross margin | – | – |
|---|---|---|
| Operating margin | – | – |
| Net margin | 32.0% | 25.5% |
| ROIC | 9.1% | 4.4% |
| ROE | 9.3% | 18.0% |
Balance sheet
INDBMS| Cash | $1.2B | $244B |
|---|---|---|
| Total debt | $297M | $378B |
| Net debt / EBITDA | – | – |
| Interest cover | – | – |
Dividends and buybacks
INDBMS| Dividend yield | 3.0% | 2.3% |
|---|---|---|
| Dividend per share, 12 months | $2.51 | $4.30 |
| Dividend growth a year, past | – | – |
| Buyback yield | 1.6% | 1.5% |
| Shareholder yield | 4.5% | 3.8% |
Last 12 months from the latest 10-Q and 10-K. Value, P/E and yields at today's price. A dash means the figure does not exist or did not pass our checks.
Which is bigger, Independent Bank or Morgan Stanley?
By market value, Morgan Stanley ($303B) is about 77.3 times Independent Bank ($3.9B), at today's prices.
How did INDB and MS stock do over the last 10 years?
Since November 15, 2016, INDB's price moved +32.7% and MS's +376.6%. With dividends: INDB +77.3% (+5.9% a year), MS +530.5% (+20.2% a year). Past returns do not predict future ones.
Which pays the higher dividend, INDB or MS?
The dividend yield at today's price is 2.97% for Independent Bank and 2.26% for Morgan Stanley. Over the last twelve months they paid $2.51 and $4.30 per share.
What is the P/E of INDB and MS?
At today's price, the P/E is 12.0 for INDB and 15.3 for MS. The median of the last five years was 14.8 and 15.8, which shows where each stands against its own past.
Which has the higher profit margins, Independent Bank or Morgan Stanley?
Over the last twelve months, the net margin was 32.0% for Independent Bank and 25.5% for Morgan Stanley, and the operating margin – and –. Revenue was $1.0B and $80.2B.
Which is the better investment, Independent Bank or Morgan Stanley?
The page does not answer that and does not suggest buying or selling. It puts the two companies' numbers side by side, from their SEC filings, for you to read and form your own view. The decision depends on your goals and situation.
Other comparisons
With each of the two, and with the largest in its sector.
Related pages
The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.
US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.
Descriptive data from SEC filings and market prices.