Independent Bank Corp. INDB
At closeNov 3, 2026, 4:00 PM EST
After hours · Nov 3, 4:00 PM ET
- YTD
- +14.74%
- 1 year
- +23.76%
- Market cap
- 3.97B
- Revenue (ttm)
- 998.92M
- Profit margin
- 32.72%
- EPS (ttm)
- 6.79
- Shares out
- 47.37M
- P/E ratio
- 12.35
- Forward P/E
- 10.05
- Dividend
- 2.56 (3.02%)
- Ex-dividend date
- Sep 27, 2026
- YTD return
- +14.74%
- 1-year return
- +23.76%
- Volume
- 379.24K
- Avg volume
- 373.35K
- Open
- 85.11
- Previous close
- 84.91
- Day's range
- 83.70 – 85.11
- 52-week range
- 66.17 – 87.50
- Beta
- 0.75
- Analysts
- Buy
- Price target
- 94.57 (+12.8%)
- Earnings date
- Jan 21, 2027
2Y +22.02 (+35.61%)
Key statistics
- Enterprise value
- 3.95B
- PEG ratio
- 11.00
- Price / sales
- 3.98
- Price / book
- 1.14
- Dividend yield
- 3.02%
- 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
- 6.53%
- 50-day average
- 81.07
- 200-day average
- 80.69
Analyst view
Consensus: buy
- Target (low)
- 86.00
- Target (mean)
- 94.57
- Target (high)
- 103.00
- Strong buy1
- Buy4
- Hold1
- Sell0
- Strong sell1
Next earnings
Jan 21, 2027
Expected Jan 21, 2027. Consensus EPS estimate 1.97.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 21, 2027 | Dec 30, 2026 | 1.98 | — | — | — |
| Oct 15, 2026 | Sep 30, 2026 | 1.85 | 1.90 | +0.05 | +2.70% |
| Jul 16, 2026 | Jun 30, 2026 | 1.79 | 1.70 | -0.09 | -5.03% |
| Apr 16, 2026 | Mar 31, 2026 | 1.66 | 1.68 | +0.02 | +1.20% |
| Jan 22, 2026 | Dec 31, 2025 | 1.65 | 1.70 | +0.05 | +3.03% |
| Oct 16, 2025 | Sep 30, 2025 | 1.54 | 1.55 | +0.01 | +0.65% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 3, 2026 | Barclays | main | Underweight | Underweight |
| Jul 20, 2026 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Jun 26, 2026 | Piper Sandler | main | Neutral | Neutral |
| May 15, 2026 | Hovde Group | init | — | Outperform |
| Apr 20, 2026 | Keefe, Bruyette & Woods | main | Outperform | Outperform |
| Apr 16, 2026 | Stephens & 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
- Website
- rocklandtrust.com
News
Barclays Maintains Underweight on Independent Bank, Raises Price Target to $86
Independent Bank: 3 Key Takeaways for Long-Term Investors
Independent Bank Q3 Earnings Call Highlights
Independent Bank: Shrugging Off A Tough Macro Environment, For Now
Independent Bank Corp. (INDB) Q3 2026 Earnings Call Transcript
Independent Bank Q3 Earnings Call Highlights
Independent Bank: Stronger Profits Are Outrunning The Credit Concerns
Independent Bank Q3 2026 Earnings Call Transcript
Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
Independent Bank Corp. (INDB) Beats Q3 Earnings and Revenue Estimates
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ANSIN KENNETH S | Director | Stock Award(Grant) | May 18, 2026 | 283,217 |
| HARRIS MARIA S | Officer | Stock Award(Grant) | Mar 11, 2026 | 16,627 |
| LERNER JOSEPH C. | Director | Stock Award(Grant) | May 18, 2026 | 23,997 |
| NADEAU GERARD F | Director | Sale | Aug 2, 2026 | 17,457 |
| O BRIEN DANIEL F | Director | Stock Award(Grant) | May 18, 2026 | 23,712 |
| O'DAY SUSAN PERRY | Director | Stock Award(Grant) | May 18, 2026 | 106,608 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 15.00% | 6,979,611 | 585.24M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 7.03% | 3,273,358 | 274.47M | Jun 29, 2026 |
| State Street Corporation | 5.69% | 2,645,824 | 221.85M | Jun 29, 2026 |
| Dimensional Fund Advisors LP | 5.66% | 2,633,640 | 220.83M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.67% | 2,171,265 | 182.06M | Jun 29, 2026 |
| Geode Capital Management, LLC | 3.10% | 1,440,396 | 120.78M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Small-Cap ETF | 6.09% | 2,835,693 | 237.77M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.30% | 1,535,475 | 128.75M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.56% | 1,192,173 | 99.96M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.38% | 1,109,147 | 93.00M | Jun 29, 2026 |
| Delaware Group Equity Funds V-Nomura Small Cap Core Fund | 1.57% | 731,072 | 61.30M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.51% | 702,084 | 58.87M | Jun 29, 2026 |
