Cohen & SteersIndependent Bank

Cohen & Steers vs Independent Bank

This page compares Cohen & Steers and Independent Bank, presenting an unbiased overview of their business models, financial performance, and market context. The aim is to help readers understand how e...

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Inflation-Resistant Investments | Core PCE at 2.9%

Inflation-Resistant Investments | Core PCE at 2.9%

The Federal Reserve's key inflation metric remained elevated at 2.9%, signaling that the fight against rising prices is ongoing. This creates a potential investment opportunity in companies that can thrive in a high-inflation, high-interest-rate environment.

Published: September 28, 2025

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Inflation Resilience Portfolio Explained

Inflation Resilience Portfolio Explained

The Fed's key inflation gauge remains stubbornly high, signaling that elevated price levels may persist for longer than expected. This creates an investment opportunity in companies that can thrive in an inflationary environment, such as those with the ability to raise prices or benefit from higher interest rates.

Published: September 27, 2025

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Fed Rate Policy 2025: Inflation-Resistant Stocks

Fed Rate Policy 2025: Inflation-Resistant Stocks

The Federal Reserve is holding interest rates steady, prioritizing the fight against tariff-driven inflation over employment risks. This creates an investment opportunity in companies that are well-equipped to handle a high-interest-rate environment and persistent inflation.

Published: August 22, 2025

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Investment Analysis

Pros

  • Cohen & Steers reported strong quarterly earnings, exceeding analyst expectations with EPS of $0.81 and revenue of $141.72 million.
  • The company maintains high profitability, with trailing net margins above 29% and a return on equity close to 30%.
  • Analysts have raised earnings estimates for 2025 and 2026, reflecting confidence in continued growth and effective asset management strategies.

Considerations

  • Assets under management have declined year-on-year, falling to $90.9 billion as of September 2025, which may impact future fee revenue.
  • The stock trades at a premium valuation, with a price-to-book ratio above 6.9 and a trailing P/E ratio above 22, limiting near-term upside potential.
  • The company faces high uncertainty in its business outlook, partly due to market volatility and competition in the asset management sector.

Pros

  • Independent Bank maintains a strong regional presence with a diversified loan portfolio and a focus on commercial and consumer lending.
  • The bank has demonstrated consistent profitability, with stable net interest margins and solid return on assets in recent quarters.
  • It operates with a conservative balance sheet, featuring low loan loss provisions and a healthy capital adequacy ratio.

Considerations

  • The bank's growth is limited by its regional footprint, making it more sensitive to local economic conditions and interest rate fluctuations.
  • Revenue growth has been modest compared to larger national banks, with limited expansion into new markets or product lines.
  • The stock has relatively low analyst coverage, which may reduce liquidity and increase volatility for investors.

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