Independent Bank Corp.
INDB
NASDAQ·Financial Services·Banks - Regional·Mkt cap $4.0B
$83.90
▲ +1.23%
P/E
15.14
Mkt Cap
$4.0B
52-Wk Range
$63.33–$87.50
52-Week Range
$63.33 - $87.50
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 18.2% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Extensive branch network with 119+ locations across Eastern Massachusetts providing local market presence and customer accessibility
- Strong community relationships and 115+ year operating history building customer loyalty and trust
- Diversified revenue streams across commercial lending, consumer banking, and wealth management reducing concentration risk
- Regional focus allowing deep market knowledge and personalized service versus larger national competitors
Bear Case
1 risk
- Low volatility (beta 0.8).
Growth
Revenue decline expected
Expansion of digital banking capabilities to capture tech-savvy customers and reduce operational costs
Value
Valued in line with Commercial Banking peers (1.0x).
Momentum
Strong
+5.4% over 3m
Quality
Excellent
High-growth business (77% revenue growth, 70% gross margin). Profitable with strong growth momentum.
Dividend
Solid
2.93% yield
Smart-money signal
Who's buying INDB right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 15, 2026
JUL 16, 2026
Reported EPS of $1.70 vs $1.79 consensus (-5.0% surprise). Revenue of $253.3M vs $257.5M expected (-1.6%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-5.0%
Revenue trend · last 8Q
—
+0%
+7%
+8%
+246%
+94%
+65%
+15%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$174.6M
$174.9M
$176.1M
$181.8M
$335.2M
$339.0M
$290.3M
$289.3M
Margins · last 8Q
Gross
72.9%
Operating
24.4%
Profit
28.3%
Wall Street consensus
2 analysts · 50% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
50%
Hold
0%
Sell
50%
Median Price Target
—
Latest: Independent · $95.00 · May 15, 2026
vs Industry
How INDB stacks vs Banks - Regional
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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