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INDB Stock Chart & Stats
$84.72
-$0.40(-0.47%)
At close: 4:00 PM EDT
$84.72
-$0.40(-0.47%)
Day’s Range― - ―
52-Week Range$61.55 - $87.50
Previous Close$84.72
Volume260.64K
Average Volume (3M)429.52K
Market Cap
$4.04B
Enterprise Value$4.47K
Total Cash (Recent Filing)$1.25B
Total Debt (Recent Filing)$776.26M
Price to Earnings (P/E)15.1
Beta0.96
Next Earnings
Oct 15, 2026EPS Estimate
1.85Next Dividend Ex-DateN/A
Dividend Yield2.93%
Share Statistics
EPS (TTM)5.04
Shares Outstanding48,327,110
10 Day Avg. Volume457,083
30 Day Avg. Volume429,524
Financial Highlights & Ratios
PEG Ratio-10.60
Price to Book (P/B)1.01
Price to Sales (P/S)3.10
P/FCF Ratio15.09
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$92.00Price Target Upside8.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)7.2
Revenue Forecast (FY)$1.04B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationMaterial free cash flow growth and FCF roughly equaling reported earnings indicate high earnings quality and internal funding capacity. Durable cash generation supports sustained dividends, buybacks, and capital expenditures without heavy reliance on external financing, improving long-term financial flexibility.
Conservative Balance SheetLower leverage and stable equity provide resilience to credit cycles and rate shocks, preserving lending capacity and capital return optionality. A conservative balance sheet reduces default risk and regulatory pressure, enabling management to pursue strategic growth and shareholder returns over the medium term.
Deposit Franchise StrengthA diversified, low-cost deposit base is a durable competitive advantage for a regional bank. Stable core funding supports lending and margin stability, reduces funding volatility, and underpins commercial relationship growth, enabling sustained net interest income and quieter funding management over multiple quarters.
Bears Say
Margin And Return CompressionSustained margin and return compression versus prior-cycle highs indicates less operating leverage and reduced profitability headroom. If margins remain constrained by funding costs, loan mix shifts, or accretion volatility, it will limit ROA/ROE recovery and pressure long-term capital returns and reinvestment capacity.
CRE Paydowns And Portfolio DeclineSignificant CRE paydowns reduce earning asset balances, compress accretion income and create uneven loan growth. Persistent runoff in CRE can lower margin-weighted assets and force re-pricing or higher origination costs to replace volumes, increasing revenue volatility and credit concentration risk.
Deposit Competition And Promotional PricingReliance on promotional deposits to attract funding risks a structurally higher cost of deposits if competition persists. Elevated deposit costs compress net interest margin and can force tighter lending spreads or reduced profitability, challenging sustainable earnings growth absent offsetting asset yield expansion.
Independent Bank News
INDB FAQ
What was Independent Bank Corp.’s price range in the past 12 months?
Independent Bank Corp. lowest stock price was $61.55 and its highest was $87.50 in the past 12 months.
What is Independent Bank Corp.’s market cap?
Independent Bank Corp.’s market cap is $4.04B.
When is Independent Bank Corp.’s upcoming earnings report date?
Independent Bank Corp.’s upcoming earnings report date is Oct 15, 2026 which is in 73 days.
How were Independent Bank Corp.’s earnings last quarter?
Independent Bank Corp. released its earnings results on Jul 16, 2026. The company reported $1.7 earnings per share for the quarter, missing the consensus estimate of $1.785 by -$0.085.
Is Independent Bank Corp. overvalued?
According to Wall Street analysts Independent Bank Corp.’s price is currently Undervalued.
Does Independent Bank Corp. pay dividends?
Independent Bank Corp. pays a Quarterly dividend of $0.64 which represents an annual dividend yield of 2.93%. See more information on Independent Bank Corp. dividends here
What is Independent Bank Corp.’s EPS estimate?
Independent Bank Corp.’s EPS estimate is 1.85.
How many shares outstanding does Independent Bank Corp. have?
Independent Bank Corp. has 48,327,110 shares outstanding.
What happened to Independent Bank Corp.’s price movement after its last earnings report?
Independent Bank Corp. reported an EPS of $1.7 in its last earnings report, missing expectations of $1.785. Following the earnings report the stock price went down -3.052%.
Which hedge fund is a major shareholder of Independent Bank Corp.?
Currently, no hedge funds are holding shares in INDB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Independent Bank Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$92.00 (8.59% Upside)
$92.00 (8.59% Upside)
Blogger Sentiment
Bullish
INDB Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 301.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $218.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.94%
12-Months-Change
Fundamentals
Return on Equity
2.93%
Trailing 12-Months
Asset Growth
24.56%
Trailing 12-Months
Company Description
Independent Bank Corp.
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.
INDB Company Deck
INDB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reflected solid core profitability, a strong deposit franchise, meaningful capital returns and an improving margin environment, supported by a large commercial loan pipeline and wealth management momentum. Headwinds included lumpy CRE paydowns that reduced balances, modestly higher NPAs and transactional or promotional pressures on deposit costs, plus non-recurring systems conversion expenses. On balance, the positives around earnings, capital returns, margin improvement, and a sizable pipeline outweigh the near-term portfolio and expense pressures.View all INDB earnings summariesINDB Stock 12 Month Forecast
Average Price Target
$92.00
▲(8.59% Upside)
Technical Analysis
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Bancorp
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Ownership Overview
1.44% Insiders
27.65% Mutual Funds
7.41% Other Institutional Investors
33.75% Public Companies and
Individual Investors