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Independent Bank (INDB) Competitors

Independent Bank logo
$78.63 +0.73 (+0.94%)
Closing price 05/6/2026 04:00 PM Eastern
Extended Trading
$77.03 -1.60 (-2.03%)
As of 04:21 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.

INDB vs. ABCB, CATY, FRME, HOPE, and HWC

Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include Ameris Bancorp (ABCB), Cathay General Bancorp (CATY), First Merchants (FRME), Hope Bancorp (HOPE), and Hancock Whitney (HWC). These companies are all part of the "finance" sector.

How does Independent Bank compare to Ameris Bancorp?

Independent Bank (NASDAQ:INDB) and Ameris Bancorp (NASDAQ:ABCB) are both mid-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, earnings and media sentiment.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.3%. Ameris Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 0.9%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. Ameris Bancorp pays out 12.6% 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.

Independent Bank presently has a consensus target price of $87.50, suggesting a potential upside of 11.28%. Ameris Bancorp has a consensus target price of $90.17, suggesting a potential upside of 3.33%. Given Independent Bank's higher probable upside, research analysts plainly believe Independent Bank is more favorable than Ameris Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Ameris Bancorp
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Independent Bank has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500. Comparatively, Ameris Bancorp has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500.

In the previous week, Ameris Bancorp had 6 more articles in the media than Independent Bank. MarketBeat recorded 6 mentions for Ameris Bancorp and 0 mentions for Independent Bank. Ameris Bancorp's average media sentiment score of 1.22 beat Independent Bank's score of 1.00 indicating that Ameris Bancorp is being referred to more favorably in the news media.

Company Overall Sentiment
Independent Bank Positive
Ameris Bancorp Positive

Ameris Bancorp has higher revenue and earnings than Independent Bank. Ameris Bancorp 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$925.64M4.13$205.12M$5.0415.60
Ameris Bancorp$1.20B4.95$358.68M$6.3613.72

83.4% of Independent Bank shares are owned by institutional investors. Comparatively, 91.6% of Ameris Bancorp shares are owned by institutional investors. 1.6% of Independent Bank shares are owned by insiders. Comparatively, 5.7% of Ameris Bancorp shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Ameris Bancorp has a net margin of 21.46% compared to Independent Bank's net margin of 19.14%. Ameris Bancorp's return on equity of 9.57% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.14% 8.66% 1.26%
Ameris Bancorp 21.46%9.57%1.32%

Summary

Ameris Bancorp beats Independent Bank on 16 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Cathay General Bancorp?

Cathay General Bancorp (NASDAQ:CATY) and Independent Bank (NASDAQ:INDB) are both mid-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment and earnings.

Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.7%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.3%. Cathay General Bancorp pays out 31.3% of its earnings in the form of a dividend. Independent Bank pays out 50.8% 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.

Cathay General Bancorp presently has a consensus target price of $52.00, suggesting a potential downside of 9.28%. Independent Bank has a consensus target price of $87.50, suggesting a potential upside of 11.28%. Given Independent Bank's stronger consensus rating and higher possible upside, analysts plainly believe Independent Bank is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57

Cathay General Bancorp has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500. Comparatively, Independent Bank has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500.

In the previous week, Cathay General Bancorp had 3 more articles in the media than Independent Bank. MarketBeat recorded 3 mentions for Cathay General Bancorp and 0 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.00 beat Cathay General Bancorp's score of 0.40 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Cathay General Bancorp Neutral
Independent Bank Positive

Cathay General Bancorp has higher revenue and earnings than Independent Bank. Cathay General Bancorp 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
Cathay General Bancorp$1.38B2.77$315.12M$4.8511.82
Independent Bank$925.64M4.13$205.12M$5.0415.60

75.0% of Cathay General Bancorp shares are owned by institutional investors. Comparatively, 83.4% of Independent Bank shares are owned by institutional investors. 4.9% of Cathay General Bancorp shares are owned by company insiders. Comparatively, 1.6% of Independent Bank shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Cathay General Bancorp has a net margin of 23.79% compared to Independent Bank's net margin of 19.14%. Cathay General Bancorp's return on equity of 11.37% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Cathay General Bancorp23.79% 11.37% 1.38%
Independent Bank 19.14%8.66%1.26%

Summary

Independent Bank beats Cathay General Bancorp on 11 of the 20 factors compared between the two stocks.

How does Independent Bank compare to First Merchants?

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

Independent Bank currently has a consensus target price of $87.50, indicating a potential upside of 11.28%. First Merchants has a consensus target price of $48.33, indicating a potential upside of 18.73%. Given First Merchants' higher possible upside, analysts plainly believe First Merchants is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
First Merchants
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

First Merchants has lower revenue, but higher earnings than Independent Bank. First Merchants 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$925.64M4.13$205.12M$5.0415.60
First Merchants$659.76M3.91$226M$3.4011.97

In the previous week, First Merchants had 3 more articles in the media than Independent Bank. MarketBeat recorded 3 mentions for First Merchants and 0 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.00 beat First Merchants' score of 0.75 indicating that Independent Bank is being referred to more favorably in the media.

Company Overall Sentiment
Independent Bank Positive
First Merchants Positive

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.3%. First Merchants pays an annual dividend of $1.44 per share and has a dividend yield of 3.5%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. First Merchants pays out 42.4% 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 increased its dividend for 15 consecutive years and First Merchants has increased its dividend for 13 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and lower payout ratio.

Independent Bank has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, First Merchants has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500.

Independent Bank has a net margin of 19.14% compared to First Merchants' net margin of 18.87%. First Merchants' return on equity of 9.58% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.14% 8.66% 1.26%
First Merchants 18.87%9.58%1.21%

83.4% of Independent Bank shares are owned by institutional investors. Comparatively, 73.9% of First Merchants shares are owned by institutional investors. 1.6% of Independent Bank shares are owned by insiders. Comparatively, 1.8% of First Merchants shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Independent Bank beats First Merchants on 11 of the 19 factors compared between the two stocks.

How does Independent Bank compare to Hope Bancorp?

Independent Bank (NASDAQ:INDB) and Hope Bancorp (NASDAQ:HOPE) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.3%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.4%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. Hope Bancorp pays out 107.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Independent Bank has increased its dividend for 15 consecutive years.

83.4% of Independent Bank shares are held by institutional investors. Comparatively, 84.0% of Hope Bancorp shares are held by institutional investors. 1.6% of Independent Bank shares are held by insiders. Comparatively, 2.3% of Hope Bancorp shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$925.64M4.13$205.12M$5.0415.60
Hope Bancorp$523.22M3.09$61.59M$0.5224.29

In the previous week, Hope Bancorp had 2 more articles in the media than Independent Bank. MarketBeat recorded 2 mentions for Hope Bancorp and 0 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.00 beat Hope Bancorp's score of 0.00 indicating that Independent Bank is being referred to more favorably in the media.

Company Overall Sentiment
Independent Bank Positive
Hope Bancorp Neutral

Independent Bank has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, Hope Bancorp has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

Independent Bank currently has a consensus target price of $87.50, indicating a potential upside of 11.28%. Hope Bancorp has a consensus target price of $14.50, indicating a potential upside of 14.81%. Given Hope Bancorp's higher probable upside, analysts plainly believe Hope Bancorp is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Independent Bank has a net margin of 19.14% compared to Hope Bancorp's net margin of 6.56%. Independent Bank's return on equity of 8.66% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.14% 8.66% 1.26%
Hope Bancorp 6.56%5.32%0.65%

Summary

Independent Bank beats Hope Bancorp on 13 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Hancock Whitney?

Independent Bank (NASDAQ:INDB) and Hancock Whitney (NASDAQ:HWC) are both mid-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

In the previous week, Hancock Whitney had 7 more articles in the media than Independent Bank. MarketBeat recorded 7 mentions for Hancock Whitney and 0 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.00 beat Hancock Whitney's score of 0.96 indicating that Independent Bank is being referred to more favorably in the media.

Company Overall Sentiment
Independent Bank Positive
Hancock Whitney Positive

Independent Bank currently has a consensus target price of $87.50, indicating a potential upside of 11.28%. Hancock Whitney has a consensus target price of $76.86, indicating a potential upside of 11.99%. Given Hancock Whitney's stronger consensus rating and higher probable upside, analysts plainly believe Hancock Whitney is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Hancock Whitney
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.89

83.4% of Independent Bank shares are held by institutional investors. Comparatively, 81.2% of Hancock Whitney shares are held by institutional investors. 1.6% of Independent Bank shares are held by insiders. Comparatively, 0.9% of Hancock Whitney shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.3%. Hancock Whitney pays an annual dividend of $2.00 per share and has a dividend yield of 2.9%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. Hancock Whitney pays out 41.1% 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 increased its dividend for 15 consecutive years and Hancock Whitney has increased its dividend for 3 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Independent Bank has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, Hancock Whitney has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500.

Hancock Whitney has a net margin of 21.34% compared to Independent Bank's net margin of 19.14%. Hancock Whitney's return on equity of 11.20% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.14% 8.66% 1.26%
Hancock Whitney 21.34%11.20%1.40%

Hancock Whitney has higher revenue and earnings than Independent Bank. Hancock Whitney 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$925.64M4.13$205.12M$5.0415.60
Hancock Whitney$2.02B2.77$486.07M$4.8714.09

Summary

Hancock Whitney beats Independent Bank on 11 of the 19 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 INDB 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 BankBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$3.78B$1.10B$13.42B$11.90B
Dividend Yield3.32%2.71%5.78%5.26%
P/E Ratio15.6016.9423.1627.35
Price / Sales4.132.46189.5185.53
Price / Cash12.7723.8720.2154.56
Price / Book1.081.182.226.79
Net Income$205.12M$75.56M$1.11B$332.68M
7 Day Performance0.82%1.26%0.98%2.55%
1 Month Performance0.81%3.42%4.88%9.36%
1 Year Performance29.37%25.90%14.98%45.22%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.555 of 5 stars
$78.63
+0.9%
$87.50
+11.3%
+28.4%$3.78B$925.64M15.602,294
ABCB
Ameris Bancorp
3.7543 of 5 stars
$84.98
+0.1%
$89.50
+5.3%
+46.0%$5.80B$1.20B16.312,850
CATY
Cathay General Bancorp
2.5567 of 5 stars
$55.62
+2.3%
$52.00
-6.5%
+35.4%$3.64B$1.38B11.471,268
FRME
First Merchants
4.5635 of 5 stars
$40.31
+1.8%
$48.33
+19.9%
+10.3%$2.51B$1.05B11.862,086
HOPE
Hope Bancorp
3.7769 of 5 stars
$12.65
+1.8%
$14.25
+12.6%
+26.4%$1.59B$967.63M27.501,434

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This page (NASDAQ:INDB) was last updated on 5/7/2026 by MarketBeat.com Staff.
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