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Independent Bank Corp. INDB

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84.40 USD -2.02 (-2.34%)

At closeNov 5, 2026, 4:00 PM EST

84.40 0.00 0.00%

After hours · Nov 5, 4:00 PM ET

83.96 Day range 88.58
66.17 52-week range 88.58
YTD
+15.49%
1 year
+21.02%
Market cap
3.96B
Revenue (ttm)
998.92M
Profit margin
32.72%
EPS (ttm)
6.95
Shares out
46.87M
P/E ratio
12.14
Forward P/E
10.36
Dividend
2.56 (3.05%)
Ex-dividend date
Sep 27, 2026
YTD return
+15.49%
1-year return
+21.02%
Volume
377.08K
Avg volume
377.35K
Open
87.04
Previous close
86.42
Day's range
83.96 – 88.58
52-week range
66.17 – 88.58
Beta
0.75
Analysts
Buy
Price target
94.57 (+12.1%)
Earnings date
Jan 21, 2027

5D +0.14 (+0.17%)

82848688FriMonTueWedThu84.40

Key statistics

Enterprise value
3.90B
PEG ratio
11.00
Price / sales
4.05
Price / book
1.18
Dividend yield
3.05%
Payout ratio
44.09%
Revenue growth
24.50%
Free cash flow
0
Total cash
659.38M
Total debt
627.15M
Return on equity
9.34%
Short % of float
6.63%
50-day average
81.07
200-day average
80.72

Financials — quick view

All financials
INDB Revenue — quarterly 247.07M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
INDB Net income — quarterly 81.84M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
INDB EPS — quarterly 1.70
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

INDB recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 21, 2027Dec 30, 20261.98———
Oct 15, 2026Sep 30, 20261.851.90+0.05+2.70%
Jul 16, 2026Jun 30, 20261.791.70-0.09-5.03%
Apr 16, 2026Mar 31, 20261.661.68+0.02+1.20%
Jan 22, 2026Dec 31, 20251.651.70+0.05+3.03%
Oct 16, 2025Sep 30, 20251.541.55+0.01+0.65%

Upgrades / downgrades

INDB analyst upgrades and downgrades
DateFirmActionFromTo
Nov 3, 2026BarclaysmainUnderweightUnderweight
Jul 20, 2026Keefe, Bruyette & WoodsmainOutperformOutperform
Jun 26, 2026Piper SandlermainNeutralNeutral
May 15, 2026Hovde Groupinit—Outperform
Apr 20, 2026Keefe, Bruyette & WoodsmainOutperformOutperform
Apr 16, 2026Stephens & Co.init—Overweight

About Independent Bank Corp.

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Sector
Financial Services
Industry
Banks - Regional
Country
United States

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Insider holders

INDB insider holders
InsiderRelationLatest transactionDateShares held
ANSIN KENNETH SDirectorStock Award(Grant)May 18, 2026283,217
HARRIS MARIA SOfficerStock Award(Grant)Mar 11, 202616,627
LERNER JOSEPH C.DirectorStock Award(Grant)May 18, 202623,997
NADEAU GERARD FDirectorSaleAug 2, 202617,457
O BRIEN DANIEL FDirectorStock Award(Grant)May 18, 202623,712
O'DAY SUSAN PERRYDirectorStock Award(Grant)May 18, 2026106,608

Institution ownership

INDB institution ownership
Holder% heldSharesValueReported
Blackrock Inc.15.00%6,979,611603.18MJun 29, 2026
Vanguard Portfolio Management LLC7.03%3,273,358282.88MJun 29, 2026
State Street Corporation5.69%2,645,824228.65MJun 29, 2026
Dimensional Fund Advisors LP5.66%2,633,640227.60MJun 29, 2026
Vanguard Capital Management LLC4.67%2,171,265187.64MJun 29, 2026
Geode Capital Management, LLC3.10%1,440,396124.48MJun 29, 2026

Fund ownership

INDB fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF6.09%2,835,693245.06MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.30%1,535,475132.70MJun 29, 2026
iShares Trust-iShares Russell 2000 ETF2.56%1,192,173103.03MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.38%1,109,14795.85MJun 29, 2026
Delaware Group Equity Funds V-Nomura Small Cap Core Fund1.57%731,07263.18MAug 30, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund1.51%702,08460.67MJun 29, 2026