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INDB Stock Chart & Stats
$82.78
-$0.40(-0.47%)
At close: 4:00 PM EDT
$82.78
-$0.40(-0.47%)
Day’s Range― - ―
52-Week Range$63.33 - $87.50
Previous Close$84.72
Volume260.64K
Average Volume (3M)322.24K
Market Cap
$3.70B
Enterprise Value$4.47K
Total Cash (Recent Filing)$251.97M
Total Debt (Recent Filing)$701.47M
Price to Earnings (P/E)14.0
Beta0.93
Next Earnings
Oct 15, 2026EPS Estimate
1.85Next Dividend Ex-DateN/A
Dividend Yield3.23%
Share Statistics
EPS (TTM)5.54
Shares Outstanding47,369,100
10 Day Avg. Volume438,840
30 Day Avg. Volume322,236
Financial Highlights & Ratios
PEG Ratio-10.60
Price to Book (P/B)1.01
Price to Sales (P/S)3.10
P/FCF Ratio15.09
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$91.25Price Target Upside10.23% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)7.17
Revenue Forecast (FY)$1.03B
Bulls Say, Bears Say
Bulls Say
Deposit Franchise StrengthStrong deposit gathering supports a stable funding base for lending and reduces reliance on more expensive wholesale sources. Growth in non-time deposits, combined with relatively contained funding costs, strengthens the franchise’s ability to protect spreads and retain customer relationships over the next several quarters.
Capital Strength And Cash GenerationHealthy regulatory capital and strong conversion of earnings into free cash flow provide meaningful financial flexibility. This supports continued lending, absorbs potential credit pressure, and allows shareholder distributions without indicating that capital returns are dependent on a weakened balance sheet.
Diversified Fee Income GrowthWealth management and related fee activity broaden earnings beyond the interest-rate-sensitive spread business. Rising advisory assets can support recurring revenue and deepen customer relationships, improving the bank’s income mix and providing a structural growth channel within its regional franchise.
Bears Say
Commercial Real Estate RunoffOngoing commercial real estate paydowns are limiting loan growth and shrinking average earning assets, which can pressure revenue generation even when new relationship lending remains active. Continued portfolio runoff also makes the bank more dependent on C&I and consumer growth to expand its balance sheet.
Higher Non-performing AssetsThe increase in non-performing assets and consumer delinquencies signals that credit performance is facing some deterioration, even though net charge-offs remain low. If weakness persists, higher provisions or slower lending could reduce earnings and constrain the bank’s ability to deploy capital.
Margin And Deposit-cost PressurePromotional deposit pricing can raise funding costs and compress net interest margins if asset yields do not adjust equally. The reported loan-yield decline also highlights sensitivity to payoffs and accounting items, creating a continuing risk that spread expansion will be slower or less durable than expected.
Independent Bank News
INDB FAQ
What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $63.33 and its highest was $87.50 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $3.70B.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Oct 15, 2026 which is in 14 days.
How were Independent Bank’s earnings last quarter?
Independent Bank released its earnings results on Jul 16, 2026. The company reported $1.7 earnings per share for the quarter, missing the consensus estimate of $1.785 by -$0.085.
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 $0.64 which represents an annual dividend yield of 3.23%. See more information on Independent Bank dividends here
What is Independent Bank’s EPS estimate?
Independent Bank’s EPS estimate is 1.85.
How many shares outstanding does Independent Bank have?
Independent Bank has 47,369,100 shares outstanding.
What happened to Independent Bank’s price movement after its last earnings report?
Independent Bank reported an EPS of $1.7 in its last earnings report, missing expectations of $1.785. Following the earnings report the stock price went down -3.052%.
Which hedge fund is a major shareholder of Independent Bank?
Currently, no hedge funds are holding shares in INDB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Independent Bank Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$91.25 (10.23% Upside)
$91.25 (10.23% Upside)
Blogger Sentiment
Bullish
INDB Sentiment 83%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 8.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $760.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.91%
12-Months-Change
Fundamentals
Return on Equity
3.23%
Trailing 12-Months
Asset Growth
24.56%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Independent Bank
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.
INDB Company Deck
INDB Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call reflected solid core profitability, a strong deposit franchise, meaningful capital returns and an improving margin environment, supported by a large commercial loan pipeline and wealth management momentum. Headwinds included lumpy CRE paydowns that reduced balances, modestly higher NPAs and transactional or promotional pressures on deposit costs, plus non-recurring systems conversion expenses. On balance, the positives around earnings, capital returns, margin improvement, and a sizable pipeline outweigh the near-term portfolio and expense pressures.View all INDB earnings summariesINDB Stock 12 Month Forecast
Average Price Target
$91.25
▲(10.23% Upside)
Technical Analysis
Community Bank System
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Fulton Financial
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NBT Bancorp
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Wsfs Financial
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Eastern Bankshares
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Ownership Overview
1.45% Insiders
28.21% Mutual Funds
16.82% Other Institutional Investors
23.16% Public Companies and
Individual Investors