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Independent Bank (INDB)
NASDAQ:INDB
INDB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.11 - $77.23
Previous CloseN/A
Volume35.65K
Average Volume (3M)246.68K
Market Cap
$2.91B
Enterprise Value$3.24B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)15.2
Beta1.07
Next Earnings
Apr 17, 2025EPS Estimate
1.17Last Dividend Ex-Date
Dec 30, 2024Dividend Yield3.33%
Share Statistics
EPS (TTM)4.52
Shares Outstanding42,492,786
10 Day Avg. Volume224,201
30 Day Avg. Volume246,680
Standard Deviation0.11
R-Squared0.15
Alpha-0.00250
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.44
Price to Cash Flow (P/CF)10.40
P/FCF Ratio5.70
Enterprise Value/Market Cap1.12
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.07
Enterprise Value/Ebitda11.01
Forecast
1Y Price Target
$77.33Price Target Upside10.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
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Independent Bank News
PremiumCompany Announcements
Independent Bank Highlights Strategic Acquisition at KBW Conference
PremiumCompany Announcements
Independent Bank Corp. Reports Positive Earnings Call Amid Challenges
PremiumCompany Announcements
Independent Bank Corp. Reports Strong Fourth Quarter Results
PremiumCompany Announcements
Independent Bank Reports Q4 Income Growth in 2024
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Ownership Overview
0.80% Insiders
27.11% Mutual Funds
15.82% Other Institutional Investors
24.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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INDB FAQ
What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $45.11 and its highest was $77.23 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $2.91B.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Apr 17, 2025 which is in 56 days.
How were Independent Bank’s earnings last quarter?
Independent Bank released its earnings results on Jan 16, 2025. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.164 by $0.046.
Is Independent Bank overvalued?
According to Wall Street analysts Independent Bank’s price is currently Undervalued.
Does Independent Bank pay dividends?
Independent Bank pays a Quarterly dividend of $2.276 which represents an annual dividend yield of 3.33%. See more information on Independent Bank dividends here
What is Independent Bank’s EPS estimate?
Independent Bank’s EPS estimate is 1.17.
How many shares outstanding does Independent Bank have?
Independent Bank has 42,492,786 shares outstanding.
What happened to Independent Bank’s price movement after its last earnings report?
Independent Bank reported an EPS of $1.21 in its last earnings report, beating expectations of $1.164. Following the earnings report the stock price went up 4.881%.
Which hedge fund is a major shareholder of Independent Bank?
Currently, no hedge funds are holding shares in INDB
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Independent Bank Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$77.33 (10.61% Upside)
$77.33 (10.61% Upside)
Blogger Sentiment
Neutral
INDB Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 83.8K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.74%
12-Months-Change
Fundamentals
Return on Equity
6.52%
Trailing 12-Months
Asset Growth
0.14%
Trailing 12-Months
Company Description
Independent Bank
Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in sale of retail investments and insurance products in Massachusetts. It offers deposit products, including demand deposits, interest checking, money market accounts, savings accounts and time certificates of deposit. The company provides real estate loans, which include commercial mortgages that are secured by non-residential properties; residential mortgages that are secured primarily by owner-occupied residences; and mortgages for the construction of commercial and residential properties. Independent Bank was founded in 1985 and is headquartered in Rockland, MA.
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INDB Company Deck
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INDB Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook with significant progress in loan growth and strategic initiatives, such as the planned acquisition of Enterprise Bancorp. However, challenges remain with nonperforming office loans and increased expenses impacting the quarter's results.Read More>---
INDB Stock 12 Month Forecast
Average Price Target
$77.33
▲(10.61% Upside)
Technical Analysis
Commerce Bancshares
―
Cullen/Frost Bankers
―
F.N.B.
―
Fulton Financial
―
Webster Financial
―
Best Analysts Covering INDB
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+3.55%
reiterated a buy rating 4 months ago
Copying Laurie Havener's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +3.55% per trade.
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