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Independent Bank (INDB) Competitors

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$61.45 -2.68 (-4.18%)
Closing price 04:00 PM Eastern
Extended Trading
$61.46 +0.01 (+0.02%)
As of 04:31 PM Eastern
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INDB vs. FHN, SSB, WBS, CBSH, PNFP, WAL, CFR, WTFC, UMBF, and ZION

Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include First Horizon (FHN), SouthState (SSB), Webster Financial (WBS), Commerce Bancshares (CBSH), Pinnacle Financial Partners (PNFP), Western Alliance Bancorporation (WAL), Cullen/Frost Bankers (CFR), Wintrust Financial (WTFC), UMB Financial (UMBF), and Zions Bancorporation, National Association (ZION). These companies are all part of the "regional banks" industry.

Independent Bank vs.

Independent Bank (NASDAQ:INDB) and First Horizon (NYSE:FHN) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, profitability, earnings, analyst recommendations, valuation, community ranking, institutional ownership, media sentiment and risk.

Independent Bank has a net margin of 19.58% compared to First Horizon's net margin of 15.38%. First Horizon's return on equity of 10.10% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.58% 6.57% 1.00%
First Horizon 15.38%10.10%1.07%

Independent Bank presently has a consensus target price of $71.00, suggesting a potential upside of 15.54%. First Horizon has a consensus target price of $22.41, suggesting a potential upside of 15.34%. Given Independent Bank's stronger consensus rating and higher possible upside, equities analysts plainly believe Independent Bank is more favorable than First Horizon.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
3.00
First Horizon
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.71

Independent Bank pays an annual dividend of $2.36 per share and has a dividend yield of 3.8%. First Horizon pays an annual dividend of $0.60 per share and has a dividend yield of 3.1%. Independent Bank pays out 53.2% of its earnings in the form of a dividend. First Horizon pays out 41.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has raised its dividend for 15 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

83.4% of Independent Bank shares are held by institutional investors. Comparatively, 80.3% of First Horizon shares are held by institutional investors. 0.8% of Independent Bank shares are held by company insiders. Comparatively, 0.9% of First Horizon shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Independent Bank has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500. Comparatively, First Horizon has a beta of 0.59, indicating that its share price is 41% less volatile than the S&P 500.

In the previous week, First Horizon had 16 more articles in the media than Independent Bank. MarketBeat recorded 25 mentions for First Horizon and 9 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.55 beat First Horizon's score of 1.23 indicating that Independent Bank is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
First Horizon
16 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Horizon has higher revenue and earnings than Independent Bank. First Horizon is trading at a lower price-to-earnings ratio than Independent Bank, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$694.32M3.77$192.08M$4.4413.84
First Horizon$3.09B3.19$775M$1.4413.49

First Horizon received 123 more outperform votes than Independent Bank when rated by MarketBeat users. Likewise, 54.46% of users gave First Horizon an outperform vote while only 53.79% of users gave Independent Bank an outperform vote.

CompanyUnderperformOutperform
Independent BankOutperform Votes
390
53.79%
Underperform Votes
335
46.21%
First HorizonOutperform Votes
513
54.46%
Underperform Votes
429
45.54%

Summary

Independent Bank and First Horizon tied by winning 11 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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INDB vs. The Competition

MetricIndependent BankState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$2.62B$3.24B$11.49B$8.38B
Dividend Yield3.65%3.69%5.46%4.10%
P/E Ratio13.6023.8022.4819.71
Price / Sales3.773.0827.28116.98
Price / Cash11.0610.6317.6234.62
Price / Book0.871.192.794.50
Net Income$192.08M$372.21M$1.04B$248.18M
7 Day Performance-4.85%-2.08%0.34%1.14%
1 Month Performance12.50%8.22%8.69%15.18%
1 Year Performance15.53%15.62%537.74%6.55%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.4145 of 5 stars
$61.45
-4.2%
$71.00
+15.5%
+21.2%$2.62B$694.32M13.601,690News Coverage
Positive News
FHN
First Horizon
4.7272 of 5 stars
$20.33
flat
$21.97
+8.1%
+25.8%$10.31B$3.09B14.957,540News Coverage
Positive News
Analyst Forecast
Gap Up
SSB
SouthState
4.894 of 5 stars
$91.47
+0.2%
$116.90
+27.8%
+13.3%$9.28B$1.88B13.145,030News Coverage
Positive News
Analyst Forecast
WBS
Webster Financial
4.9924 of 5 stars
$52.48
-0.8%
$62.58
+19.3%
+14.1%$8.83B$2.62B12.013,240Positive News
Analyst Forecast
CBSH
Commerce Bancshares
4.0689 of 5 stars
$65.55
-0.1%
$63.20
-3.6%
+14.6%$8.76B$1.69B16.354,590Positive News
Analyst Downgrade
PNFP
Pinnacle Financial Partners
4.6385 of 5 stars
$110.67
-0.6%
$119.90
+8.3%
+32.7%$8.58B$1.55B18.513,240News Coverage
Positive News
Analyst Forecast
Gap Up
WAL
Western Alliance Bancorporation
4.9977 of 5 stars
$77.34
-1.0%
$96.38
+24.6%
+17.3%$8.54B$3.21B10.893,360Positive News
Analyst Forecast
CFR
Cullen/Frost Bankers
4.6315 of 5 stars
$131.62
+0.4%
$132.14
+0.4%
+25.3%$8.46B$2.10B14.844,980Positive News
Analyst Forecast
Gap Down
WTFC
Wintrust Financial
4.8318 of 5 stars
$122.05
-0.2%
$133.54
+9.4%
+21.4%$8.17B$2.49B11.845,280Positive News
Analyst Forecast
UMBF
UMB Financial
4.9515 of 5 stars
$106.86
-0.2%
$120.33
+12.6%
+23.7%$8.11B$1.62B11.893,770Positive News
ZION
Zions Bancorporation, National Association
4.776 of 5 stars
$49.08
-0.3%
$58.47
+19.1%
+11.0%$7.26B$3.18B9.929,990Positive News
Analyst Forecast

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This page (NASDAQ:INDB) was last updated on 5/21/2025 by MarketBeat.com Staff
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