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NASDAQ:INDB

Independent Bank (INDB) Stock Price, News & Analysis

Independent Bank logo
$83.70 -0.02 (-0.02%)
Closing price 10/26/2026 04:00 PM Eastern
Extended Trading
$83.64 -0.06 (-0.07%)
As of 04:01 AM 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 Massive. Learn more.

About Independent Bank Stock (NASDAQ:INDB)

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Key Stats

Today's Range
$83.45
▼
$84.91
50-Day Range
$76.04
▼
$86.04
52-Week Range
$65.44
▼
$87.50
Volume
351,755 shs
Average Volume
499,017 shs
Market Capitalization
$3.96 billion
P/E Ratio
11.99
Dividend Yield
3.06%
Price Target
$91.86
Consensus Rating
Buy

Company Overview

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, municipalities and nonprofit organizations.

Its offerings include consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, cash-management and treasury services, online and mobile banking, and wealth management. Rockland Trust also provides investment, trust and insurance services through affiliated or related business units.

Founded in 1907, the company primarily serves customers in eastern Massachusetts, including the Boston metropolitan area, the South Shore, South Coast, Cape Cod and surrounding communities. Independent Bank Corp. is led by President and Chief Executive Officer Jeffrey J. Tengel.

AI Generated. May Contain Errors.

Independent Bank Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

INDB MarketRank™: 
4.277647975075 of 5 stars

Independent Bank scored higher than 86% of companies evaluated by MarketBeat, and ranked 201st out of 848 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Independent Bank has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 strong buy ratings, 4 buy ratings, no hold ratings, and 1 sell rating.

  • Upside/Downside

    The consensus price target for Independent Bank is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Independent Bank has only been the subject of 2 research reports in the past 90 days.

  • Read more about Independent Bank's stock forecast and price target.
  • Earnings Growth

    Earnings for Independent Bank are expected to grow by 15.17% in the coming year, from $7.25 to $8.35 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Independent Bank is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.89.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Independent Bank is 11.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.41.

  • Price to Book Value per Share Ratio

    Independent Bank has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.91% of the float of Independent Bank has been sold short.
  • Short Interest Ratio / Days to Cover

    Independent Bank has a short interest ratio ("days to cover") of 4.34.
  • Change versus previous month

    Short interest in Independent Bank has recently increased by 7.95%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Independent Bank pays a meaningful dividend of 3.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Independent Bank has been increasing its dividend for 15 years.

  • Dividend Coverage

    The dividend payout ratio of Independent Bank is 37.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Independent Bank will have a dividend payout ratio of 30.66% next year. This indicates that Independent Bank will be able to sustain or increase its dividend.

  • Read more about Independent Bank's dividend.
  • News Sentiment

    Independent Bank has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Independent Bank this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for INDB on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Independent Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $760,700.00 in company stock.

  • Percentage Held by Insiders

    1.60% of the stock of Independent Bank is held by insiders.

  • Percentage Held by Institutions

    83.40% 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.
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INDB Stock News Headlines

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Independent Bank (INDB) Gets a Hold from Piper Sandler
Independent Bank (INDB) Q3 2026 Earnings Call Transcript
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INDB Stock Analysis - Frequently Asked Questions

Independent Bank's stock was trading at $73.08 on January 1st, 2026. Since then, INDB shares have increased by 14.5% and is now trading at $83.70.

Independent Bank Corp. (NASDAQ:INDB) issued its quarterly earnings results on Thursday, October, 15th. The bank reported $1.90 EPS for the quarter, beating the consensus estimate of $1.85 by $0.05. The bank had revenue of $261.95 million for the quarter, compared to analyst estimates of $261.27 million. Independent Bank had a trailing twelve-month return on equity of 9.61% and a net margin of 24.27%.
Read the conference call transcript
.

Independent Bank's top institutional investors include Rockland Trust Co. (2.93%), Reinhart Partners LLC. (1.35%), Leeward Investments LLC MA (0.52%) and Isthmus Partners LLC (0.09%). Insiders that own company stock include Jeffrey J Tengel, Thomas R Venables, Gerard F Nadeau, Joseph C Lerner, Eileen C Miskell, Donna L Abelli, John J Morrissey and Lee C Powlus.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Independent Bank investors own include Bank of America (BAC), Bristol Myers Squibb (BMY), CVS Health (CVS), Visa (V), DTE Energy (DTE), FedEx (FDX) and Chipotle Mexican Grill (CMG).

Company Calendar

Record date for 10/9 Dividend
9/28/2026
Ex-Dividend for 10/9 Dividend
9/28/2026
Dividend Payable
10/09/2026
Last Earnings
10/15/2026
Today
10/26/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:INDB
CIK
776901
Employees
2,294
Year Founded
1864

Price Target and Rating

High Price Target
$97.00
Low Price Target
$82.00
Potential Upside/Downside
+9.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$6.75
Trailing P/E Ratio
11.99
Forward P/E Ratio
11.54
P/E Growth
N/A
Net Income
$205.12 million
Net Margins
24.27%
Pretax Margin
31.40%
Return on Equity
9.61%
Return on Assets
1.36%

Debt

Debt-to-Equity Ratio
0.18
Current Ratio
0.93
Quick Ratio
0.93

Sales & Book Value

Annual Sales
$1.17 billion
Price / Sales
3.39
Cash Flow
$6.10 per share
Price / Cash Flow
13.72
Book Value
$71.92 per share
Price / Book
1.16

Miscellaneous

Outstanding Shares
47,370,000
Free Float
46,611,000
Market Cap
$3.96 billion
Optionable
Optionable
Beta
0.78

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This page (NASDAQ:INDB) was last updated on 10/26/2026 by MarketBeat.com Staff.
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