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Independent Bank Corp. (INDB)
NASDAQ:INDB
US Market
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Independent Bank (INDB) Stock Statistics & Valuation Metrics

122 Followers

Total Valuation

Independent Bank has a market cap or net worth of $3.74B. The enterprise value is $4.29B.
Market Cap$3.74B
Enterprise Value$4.29B

Share Statistics

Independent Bank has 48,327,110 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding48,327,110
Owned by Insiders1.43%
Owned by Institutions18.60%

Financial Efficiency

Independent Bank’s return on equity (ROE) is 0.06 and return on invested capital (ROIC) is 0.84%.
Return on Equity (ROE)0.06
Return on Assets (ROA)<0.01
Return on Invested Capital (ROIC)0.84%
Return on Capital Employed (ROCE)0.01
Revenue Per Employee635.37K
Profits Per Employee111.66K
Employee Count1,837
Asset Turnover0.05
Inventory Turnover0.00

Valuation Ratios

The current PE Ratio of Independent Bank is 11.5. Independent Bank’s PEG ratio is -11.38.
PE Ratio11.5
PS Ratio3.10
PB Ratio1.01
Price to Fair Value1.01
Price to FCF15.09
Price to Operating Cash Flow10.69
PEG Ratio-11.38

Income Statement

In the last 12 months, Independent Bank had revenue of 1.17B and earned 205.12M in profits. Earnings per share was 4.45.
Revenue1.17B
Gross Profit792.88M
Operating Income266.92M
Pretax Income262.17M
Net Income205.12M
EBITDA306.23M
Earnings Per Share (EPS)4.45

Cash Flow

In the last 12 months, operating cash flow was 355.04M and capital expenditures -6.98M, giving a free cash flow of 348.06M billion.
Operating Cash Flow355.04M
Free Cash Flow348.06M
Free Cash Flow per Share7.20

Dividends & Yields

Independent Bank pays an annual dividend of $0.59, resulting in a dividend yield of 3.05%
Dividend Per Share$0.59
Dividend Yield3.05%
Payout Ratio46.15%
Free Cash Flow Yield
Earnings Yield

Stock Price Statistics

Beta0.91
52-Week Price Change25.02%
50-Day Moving Average76.83
200-Day Moving Average73.15
Relative Strength Index (RSI)49.99
Average Volume (3m)355.80K

Important Dates

Independent Bank upcoming earnings date is Jul 16, 2026, After Close (Confirmed).
Last Earnings DateApr 16, 2026
Next Earnings DateJul 16, 2026
Ex-Dividend Date

Financial Position

Independent Bank as a current ratio of 0.55, with Debt / Equity ratio of 21.92%
Current Ratio0.55
Quick Ratio0.55
Debt to Market Cap0.23
Net Debt to EBITDA2.19
Interest Coverage Ratio0.85

Taxes

In the past 12 months, Independent Bank has paid 57.05M in taxes.
Income Tax57.05M
Effective Tax Rate0.22

Enterprise Valuation

Independent Bank EV to EBITDA ratio is 13.99, with an EV/FCF ratio of 17.89.
EV to Sales3.67
EV to EBITDA13.99
EV to Free Cash Flow17.89
EV to Operating Cash Flow17.06

Balance Sheet

Independent Bank has $223.29M in cash and marketable securities with $776.26M in debt, giving a net cash position of -$552.97M billion.
Cash & Marketable Securities$223.29M
Total Debt$776.26M
Net Cash-$552.97M
Net Cash Per Share-$11.44
Tangible Book Value Per Share$47.35

Margins

Gross margin is 69.49%, with operating margin of 22.87%, and net profit margin of 17.57%.
Gross Margin69.49%
Operating Margin22.87%
Pretax Margin22.46%
Net Profit Margin17.57%
EBITDA Margin26.24%
EBIT Margin22.87%

Analyst Forecast

The average price target for Independent Bank is $90.00, which is 11.43% higher than the current price. The consensus rating is Moderate Buy
Price Target$90.00
Price Target Upside15.46% Upside
Analyst ConsensusModerate Buy
Analyst Count6
Revenue Growth Forecast27.40%
EPS Growth Forecast13.49%

Scores

Smart Score8
AI Score