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An update from Independent Bank ( (INDB) ) is now available.
Independent Bank Corp. announced the completion of its acquisition of Enterprise Bancorp on July 1, 2025, with a systems conversion planned for mid-October. This acquisition expands Rockland Trust’s footprint into Northern Massachusetts and Southern New Hampshire, enhancing its market density and positioning it as a top-performing bank in the region. The company reported strong financial performance for Q2 2025, with notable growth in commercial and industrial loans, solid deposit growth, and robust capital levels, including a $150 million share repurchase authorization. The acquisition is expected to yield full cost savings by Q1 2026, and the company remains committed to sustainable value creation and maintaining its strong brand reputation.
The most recent analyst rating on (INDB) stock is a Buy with a $76.00 price target. To see the full list of analyst forecasts on Independent Bank stock, see the INDB Stock Forecast page.
Spark’s Take on INDB Stock
According to Spark, TipRanks’ AI Analyst, INDB is a Outperform.
Independent Bank’s overall stock score reflects strong financial performance, positive technical indicators, and strategic corporate actions. The bank’s robust balance sheet and efficient profit margins are complemented by favorable market momentum and strategic initiatives like acquisitions and stock buybacks. While there are minor concerns in profitability and liquidity metrics, the overall outlook remains positive.
To see Spark’s full report on INDB stock, click here.
More about Independent Bank
Independent Bank Corp., based in Massachusetts and focused on the New England region, operates primarily through its main banking subsidiary, Rockland Trust. The company offers a full suite of retail, commercial banking, and wealth management services, with a strong emphasis on relationship-oriented commercial lending. It is recognized for its strong local market presence and exceptional customer service in both commercial and retail banking sectors.
Average Trading Volume: 396,992
Technical Sentiment Signal: Buy
Current Market Cap: $3.56B
See more data about INDB stock on TipRanks’ Stock Analysis page.