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Independent Bank (INDB) Competitors

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$85.12 +0.35 (+0.41%)
Closing price 07/24/2026 04:00 PM Eastern
Extended Trading
$85.08 -0.04 (-0.05%)
As of 07/24/2026 07:34 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 Massive. Learn more.

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

Should you buy Independent Bank stock or one of its competitors? MarketBeat compares Independent Bank with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with 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?

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

In the previous week, Ameris Bancorp had 4 more articles in the media than Independent Bank. MarketBeat recorded 13 mentions for Ameris Bancorp and 9 mentions for Independent Bank. Ameris Bancorp's average media sentiment score of 0.56 beat Independent Bank's score of 0.08 indicating that Ameris Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ameris Bancorp
7 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Ameris Bancorp has a beta of 0.91, indicating that its stock price is 9% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.77, indicating that its stock price is 23% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ameris Bancorp$1.23B4.79$358.68M$5.5315.80
Independent Bank$1.17B3.51$205.12M$5.5415.36

Ameris Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 0.9%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Ameris Bancorp pays out 14.5% of its earnings in the form of a dividend. Independent Bank pays out 46.2% 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. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Ameris Bancorp has a net margin of 21.46% compared to Independent Bank's net margin of 20.31%. 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
Ameris Bancorp21.46% 9.57% 1.32%
Independent Bank 20.31%9.19%1.31%

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

Ameris Bancorp presently has a consensus target price of $92.67, indicating a potential upside of 6.05%. Independent Bank has a consensus target price of $91.86, indicating a potential upside of 7.91%. Given Independent Bank's stronger consensus rating and higher possible upside, analysts clearly believe Independent Bank is more favorable than Ameris Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ameris Bancorp
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

Summary

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

How does Independent Bank compare to Cathay General Bancorp?

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

Independent Bank currently has a consensus price target of $91.86, suggesting a potential upside of 7.91%. Cathay General Bancorp has a consensus price target of $60.75, suggesting a potential downside of 3.45%. Given Independent Bank's stronger consensus rating and higher possible upside, analysts clearly believe Independent Bank is more favorable than Cathay General Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.33

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
Independent Bank$1.17B3.51$205.12M$5.5415.36
Cathay General Bancorp$1.38B3.05$315.12M$5.1212.29

Independent Bank has a beta of 0.77, suggesting that its share price is 23% less volatile than the broader market. Comparatively, Cathay General Bancorp has a beta of 0.86, suggesting that its share price is 14% less volatile than the broader market.

In the previous week, Cathay General Bancorp had 5 more articles in the media than Independent Bank. MarketBeat recorded 14 mentions for Cathay General Bancorp and 9 mentions for Independent Bank. Cathay General Bancorp's average media sentiment score of 0.99 beat Independent Bank's score of 0.08 indicating that Cathay General Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cathay General Bancorp
5 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.4%. Independent Bank pays out 46.2% of its earnings in the form of a dividend. Cathay General Bancorp pays out 29.7% 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 increased 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, 75.0% of Cathay General Bancorp shares are held by institutional investors. 1.6% of Independent Bank shares are held by company insiders. Comparatively, 4.5% of Cathay General Bancorp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Cathay General Bancorp has a net margin of 24.66% compared to Independent Bank's net margin of 20.31%. Cathay General Bancorp's return on equity of 11.71% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank20.31% 9.19% 1.31%
Cathay General Bancorp 24.66%11.71%1.43%

Summary

Cathay General Bancorp beats Independent Bank on 10 of the 19 factors compared between the two stocks.

How does Independent Bank compare to First Merchants?

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

First Merchants has higher earnings, but lower revenue 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
First Merchants$1.05B2.59$226M$3.1213.84
Independent Bank$1.17B3.51$205.12M$5.5415.36

Independent Bank has a net margin of 20.31% compared to First Merchants' net margin of 17.05%. Independent Bank's return on equity of 9.19% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants17.05% 9.02% 1.14%
Independent Bank 20.31%9.19%1.31%

First Merchants currently has a consensus price target of $49.00, suggesting a potential upside of 13.48%. Independent Bank has a consensus price target of $91.86, suggesting a potential upside of 7.91%. Given First Merchants' higher possible upside, research analysts clearly believe First Merchants is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

73.9% of First Merchants shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 1.8% of First Merchants shares are held by company insiders. Comparatively, 1.6% of Independent Bank shares are held by company 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.

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.4%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. First Merchants pays out 47.4% of its earnings in the form of a dividend. Independent Bank pays out 46.2% 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. First Merchants has increased its dividend for 13 consecutive years and Independent Bank has increased its dividend for 15 consecutive years.

First Merchants has a beta of 0.84, indicating that its share price is 16% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.77, indicating that its share price is 23% less volatile than the broader market.

In the previous week, First Merchants had 10 more articles in the media than Independent Bank. MarketBeat recorded 19 mentions for First Merchants and 9 mentions for Independent Bank. First Merchants' average media sentiment score of 0.17 beat Independent Bank's score of 0.08 indicating that First Merchants is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Merchants
4 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Independent Bank beats First Merchants on 13 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Hope Bancorp?

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

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.2%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. 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 pays out 46.2% of its earnings in the form of a dividend. Independent Bank has increased its dividend for 15 consecutive years.

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

Independent Bank has a net margin of 20.31% compared to Hope Bancorp's net margin of 6.56%. Independent Bank's return on equity of 9.19% beat Hope Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hope Bancorp6.56% 5.32% 0.65%
Independent Bank 20.31%9.19%1.31%

Hope Bancorp currently has a consensus price target of $14.50, suggesting a potential upside of 7.81%. Independent Bank has a consensus price target of $91.86, suggesting a potential upside of 7.91%. Given Independent Bank's stronger consensus rating and higher possible upside, analysts clearly believe Independent Bank is more favorable than Hope Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

Hope Bancorp has a beta of 0.83, meaning that its share price is 17% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.77, meaning that its share price is 23% less volatile than the broader market.

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
Hope Bancorp$967.63M1.78$61.59M$0.5225.87
Independent Bank$1.17B3.51$205.12M$5.5415.36

In the previous week, Independent Bank had 5 more articles in the media than Hope Bancorp. MarketBeat recorded 9 mentions for Independent Bank and 4 mentions for Hope Bancorp. Hope Bancorp's average media sentiment score of 1.77 beat Independent Bank's score of 0.08 indicating that Hope Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hope Bancorp
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Independent Bank beats Hope Bancorp on 14 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 superior investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, media sentiment, analyst recommendations, risk, profitability and earnings.

83.4% of Independent Bank shares are owned by institutional investors. Comparatively, 81.2% of Hancock Whitney shares are owned by institutional investors. 1.6% of Independent Bank shares are owned by insiders. Comparatively, 0.9% of Hancock Whitney shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Independent Bank has a beta of 0.77, meaning that its stock price is 23% less volatile than the broader market. Comparatively, Hancock Whitney has a beta of 0.95, meaning that its stock price is 5% less volatile than the broader market.

In the previous week, Hancock Whitney had 17 more articles in the media than Independent Bank. MarketBeat recorded 26 mentions for Hancock Whitney and 9 mentions for Independent Bank. Hancock Whitney's average media sentiment score of 0.80 beat Independent Bank's score of 0.08 indicating that Hancock Whitney is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hancock Whitney
10 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank currently has a consensus target price of $91.86, indicating a potential upside of 7.91%. Hancock Whitney has a consensus target price of $83.56, indicating a potential upside of 9.65%. Given Hancock Whitney's stronger consensus rating and higher possible 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)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Hancock Whitney
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
2 Strong Buy rating(s)
2.91

Hancock Whitney has a net margin of 21.81% compared to Independent Bank's net margin of 20.31%. Hancock Whitney's return on equity of 11.36% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank20.31% 9.19% 1.31%
Hancock Whitney 21.81%11.36%1.41%

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$1.17B3.51$205.12M$5.5415.36
Hancock Whitney$2.02B3.06$486.07M$5.1014.94

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Hancock Whitney pays an annual dividend of $2.00 per share and has a dividend yield of 2.6%. Independent Bank pays out 46.2% of its earnings in the form of a dividend. Hancock Whitney pays out 39.2% 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 and Hancock Whitney has raised 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.

Summary

Hancock Whitney beats Independent Bank on 13 of the 20 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$4.11B$1.22B$14.47B$12.22B
Dividend Yield3.01%2.46%5.71%9.42%
P/E Ratio15.3622.8420.6623.62
Price / Sales3.512.5145.0089.78
Price / Cash13.9524.9419.2546.67
Price / Book1.181.302.256.08
Net Income$205.12M$75.93M$1.14B$331.70M
7 Day Performance0.72%0.19%-0.48%-0.63%
1 Month Performance-0.08%1.34%0.41%-3.04%
1 Year Performance28.50%28.85%12.27%13.30%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.6324 of 5 stars
$85.12
+0.4%
$91.86
+7.9%
+28.5%$4.11B$1.17B15.362,294
ABCB
Ameris Bancorp
3.7843 of 5 stars
$90.88
-1.5%
$92.67
+2.0%
+31.8%$6.12B$1.20B17.442,850
CATY
Cathay General Bancorp
3.2165 of 5 stars
$62.00
-1.1%
$51.75
-16.5%
+35.0%$4.20B$1.38B12.781,268
FRME
First Merchants
4.1705 of 5 stars
$44.32
-0.6%
$49.00
+10.6%
+8.5%$2.81B$1.05B13.042,086
HOPE
Hope Bancorp
3.9345 of 5 stars
$13.58
-1.2%
$14.50
+6.8%
+29.2%$1.76B$967.63M26.121,434

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This page (NASDAQ:INDB) was last updated on 7/26/2026 by MarketBeat.com Staff.
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