NASDAQ:INDB Independent Bank (INDB) Stock Price, News & Analysis $66.24 -0.40 (-0.60%) Closing price 07/25/2025 04:00 PM EasternExtended Trading$66.24 0.00 (-0.01%) As of 07/25/2025 04:23 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Independent Bank Stock (NASDAQ:INDB) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Independent Bank alerts:Sign Up Key Stats Today's Range$65.64▼$66.9050-Day Range$60.78▼$69.4852-Week Range$52.15▼$77.23Volume319,898 shsAverage Volume517,800 shsMarket Capitalization$2.82 billionP/E Ratio14.95Dividend Yield3.56%Price Target$71.00Consensus RatingModerate Buy Company Overview 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. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It 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, the company 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; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; 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, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts. Read More Independent Bank Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks77th Percentile Overall ScoreINDB MarketRank™: Independent Bank scored higher than 77% of companies evaluated by MarketBeat, and ranked 337th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingIndependent Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageIndependent Bank has received no research coverage in the past 90 days.Read more about Independent Bank's stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth23.84% Earnings GrowthEarnings for Independent Bank are expected to grow by 23.84% in the coming year, from $5.41 to $6.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independent Bank is 14.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Independent Bank is 14.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.06.Price to Book Value per Share RatioIndependent Bank has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted4.42% of the float of Independent Bank has been sold short.Short Interest Ratio / Days to CoverIndependent Bank has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Independent Bank has recently increased by 14.72%, indicating that investor sentiment is decreasing significantly. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipIndependent Bank is a leading dividend payer. It pays a dividend yield of 3.54%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIndependent Bank has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of Independent Bank is 53.27%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Independent Bank will have a dividend payout ratio of 35.22% next year. This indicates that Independent Bank will be able to sustain or increase its dividend.Read more about Independent Bank's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted4.42% of the float of Independent Bank has been sold short.Short Interest Ratio / Days to CoverIndependent Bank has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Independent Bank has recently increased by 14.72%, indicating that investor sentiment is decreasing significantly. News and Social Media3.5 / 5News Sentiment1.27 News SentimentIndependent Bank has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.99 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Independent Bank this week, compared to 5 articles on an average week.MarketBeat Follows2 people have added Independent Bank to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Independent Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.81% of the stock of Independent Bank is held by insiders.Percentage Held by Institutions83.40% of the stock of Independent Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Independent Bank's insider trading history. Receive INDB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independent Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address INDB Stock News HeadlinesIndependent Bank Corp. (NASDAQ:INDB) Q2 2025 Earnings Call TranscriptJuly 22, 2025 | insidermonkey.comIndependent Bank (NASDAQ:INDB) Trading Up 6.4% on Strong EarningsJuly 20, 2025 | americanbankingnews.comCritical AI announcement set to ignite AI 2.0 I just put together an urgent new presentation that you need to see right away. In short: I believe we are mere days away from a critical announcement from a key tech leader… One that will officially ignite “AI 2.0” – and potentially send a whole new class of stocks soaring. July 26 at 2:00 AM | Timothy Sykes (Ad)Independent Bank’s (NASDAQ:INDB) Q2 Sales Beat EstimatesJuly 18, 2025 | msn.comIndependent Bank Corp. signals 290% CRE concentration target by 2027 while advancing C&I growthJuly 18, 2025 | msn.comWhy Are Independent Bank (INDB) Shares Soaring TodayJuly 18, 2025 | msn.comIndependent Bank Corp. (INDB) Q2 2025 Earnings Call TranscriptJuly 18, 2025 | seekingalpha.comIndependent Bank Corp. Reports Second Quarter Net Income of $51.1 MillionJuly 17, 2025 | businesswire.comSee More Headlines INDB Stock Analysis - Frequently Asked Questions How have INDB shares performed this year? Independent Bank's stock was trading at $64.19 at the beginning of the year. Since then, INDB stock has increased by 3.2% and is now trading at $66.24. How were Independent Bank's earnings last quarter? Independent Bank Corp. (NASDAQ:INDB) released its quarterly earnings results on Thursday, July, 17th. The bank reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.05. The bank earned $181.80 million during the quarter, compared to analysts' expectations of $179.47 million. Independent Bank had a net margin of 18.93% and a trailing twelve-month return on equity of 6.39%. Read the conference call transcript. Who are Independent Bank's major shareholders? Independent Bank's top institutional shareholders include Rockland Trust Co. (1.72%), Reinhart Partners LLC. (1.19%), Harbor Capital Advisors Inc. (0.11%) and Hennessy Advisors Inc. (0.09%). Insiders that own company stock include Christopher Oddleifson, Barry H Jensen, Robert D Cozzone, Jeffrey J Tengel, Eileen C Miskell, Donna L Abelli, John J Morrissey, Mark J Ruggiero, Edward H Seksay, Scott Smith and Lee C Powlus. View institutional ownership trends. How do I buy shares of Independent Bank? Shares of INDB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Independent Bank own? Based on aggregate information from My MarketBeat watchlists, some other companies that Independent Bank investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Tesla (TSLA) and First Solar (FSLR). Company Calendar Record date for 7/7 Dividend6/30/2025Ex-Dividend for 7/7 Dividend6/30/2025Dividend Payable7/07/2025Last Earnings7/17/2025Today7/26/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry BANKS - NORTHEAST Sub-IndustryRegional Banks Current SymbolNASDAQ:INDB CIK776901 Webwww.rocklandtrust.com Phone(781) 878-6100Fax781-982-6130Employees1,837Year Founded1864Price Target and Rating Average Price Target for Independent Bank$71.00 High Price Target$78.00 Low Price Target$63.00 Potential Upside/Downside+7.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Trailing Twelve Months)$4.43 Trailing P/E Ratio14.95 Forward P/E Ratio12.24 P/E GrowthN/ANet Income$192.08 million Net Margins18.93% Pretax Margin24.23% Return on Equity6.39% Return on Assets0.98% Debt Debt-to-Equity Ratio0.25 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$980.77 million Price / Sales2.88 Cash Flow$5.48 per share Price / Cash Flow12.08 Book Value$72.15 per share Price / Book0.92Miscellaneous Outstanding Shares42,620,000Free Float42,274,000Market Cap$2.82 billion OptionableOptionable Beta0.84 Social Links The Best Nuclear Energy Stocks to BuyNuclear energy stocks are roaring. 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