Independent Bank (INDB) Projected to Announce Quarterly Earnings on Thursday

Key Points

• Independent Bank is expected to report Q3 2026 earnings after the market closes Thursday, October 15. Analysts project earnings of $1.85 per share on $261.27 million in revenue; the results call is scheduled for October 16 at 10:00 a.m. ET.
• The bank’s previous quarter fell short of expectations, with EPS of $1.70 versus the $1.79 consensus and revenue of $253.32 million versus $257.50 million expected.
• INDB shares recently traded at $78.21, while analysts maintain a consensus “Buy” rating and an average price target of $91.86. Independent Bank also declared a quarterly dividend of $0.64 per share, representing a 3.3% annualized yield.

Independent Bank (NASDAQ:INDB - Get Free Report) is projected to post its Q3 2026 results after the market closes on Thursday, October 15th. Analysts expect the company to post earnings of $1.85 per share and revenue of $261.2720 million for the quarter. Investors may visit the the company's upcoming Q3 2026 earning results page for the latest details on the call scheduled for Friday, October 16, 2026 at 10:00 AM ET.

Independent Bank (NASDAQ:INDB - Get Free Report) last issued its earnings results on Thursday, July 16th. The bank reported $1.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.79 by ($0.09). The company had revenue of $253.32 million during the quarter, compared to analyst estimates of $257.50 million. Independent Bank had a return on equity of 9.19% and a net margin of 20.31%. On average, analysts expect Independent Bank to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Independent Bank Trading Down 1.5%

Shares of INDB stock opened at $78.21 on Thursday. The company's 50-day moving average price is $82.52 and its 200-day moving average price is $80.99. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 14.12 and a beta of 0.78. Independent Bank has a twelve month low of $63.33 and a twelve month high of $87.50.

Independent Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Monday, September 28th will be paid a dividend of $0.64 per share. The ex-dividend date of this dividend is Monday, September 28th. This represents a $2.56 dividend on an annualized basis and a yield of 3.3%. Independent Bank's payout ratio is 46.21%.

Insider Transactions at Independent Bank

In related news, Director Gerard Nadeau sold 5,307 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $84.69, for a total transaction of $449,449.83. Following the completion of the transaction, the director owned 16,907 shares of the company's stock, valued at approximately $1,431,853.83. This trade represents a 23.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas R. Venables sold 3,750 shares of Independent Bank stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $83.00, for a total transaction of $311,250.00. Following the completion of the sale, the director owned 17,649 shares of the company's stock, valued at $1,464,867. This trade represents a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

INDB has been the topic of several recent analyst reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Independent Bank in a report on Wednesday, August 5th. Piper Sandler upgraded shares of Independent Bank from a "hold" rating to a "strong-buy" rating in a report on Friday, October 2nd. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Independent Bank from $99.00 to $96.00 and set an "outperform" rating on the stock in a research report on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $91.86.

About Independent Bank

Independent Bank Corp. is the bank holding company for Rockland Trust Company, a full-service community bank headquartered in Rockland, Massachusetts. Through Rockland Trust, the company provides banking and financial services to individuals, families, businesses, nonprofits and municipalities.

Its products and services include checking and savings accounts, certificates of deposit, residential and commercial lending, home equity loans, mortgages, cash management, online and mobile banking, and other treasury management solutions.

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