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Independent Bank (INDB) Competitors

Independent Bank logo
$83.90 +1.02 (+1.23%)
As of 09/4/2026 04:00 PM Eastern

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

Should you buy Independent Bank stock or one of its competitors? Independent Bank's main competitors and comparable companies include Ameris Bancorp (ABCB), Cathay General Bancorp (CATY), First Merchants (FRME), Fulton Financial (FULT), and Hope Bancorp (HOPE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "regional banks" industry.

How does Independent Bank compare to Ameris Bancorp?

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

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
Independent Bank$1.17B3.39$205.12M$5.5415.14
Ameris Bancorp$1.67B3.47$412.15M$5.5315.55

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 company insiders. Comparatively, 5.7% of Ameris Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Ameris Bancorp has a net margin of 21.98% compared to Independent Bank's net margin of 20.31%. Ameris Bancorp's return on equity of 10.62% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank20.31% 9.19% 1.31%
Ameris Bancorp 21.98%10.62%1.55%

In the previous week, Independent Bank had 3 more articles in the media than Ameris Bancorp. MarketBeat recorded 5 mentions for Independent Bank and 2 mentions for Ameris Bancorp. Ameris Bancorp's average media sentiment score of 1.78 beat Independent Bank's score of 1.47 indicating that Ameris Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Independent Bank
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ameris Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. Ameris Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 0.9%. Independent Bank pays out 46.2% of its earnings in the form of a dividend. Ameris Bancorp pays out 14.5% 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 has a beta of 0.76, meaning that its share price is 24% less volatile than the broader market. Comparatively, Ameris Bancorp has a beta of 0.91, meaning that its share price is 9% less volatile than the broader market.

Independent Bank currently has a consensus target price of $91.86, suggesting a potential upside of 9.48%. Ameris Bancorp has a consensus target price of $91.67, suggesting a potential upside of 6.59%. Given Independent Bank's stronger consensus rating and higher possible upside, equities 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)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71
Ameris Bancorp
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Ameris Bancorp beats Independent Bank on 12 of the 19 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, valuation, profitability, media sentiment, earnings, analyst recommendations and dividends.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. 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 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, 75.0% of Cathay General Bancorp shares are held by institutional investors. 1.6% of Independent Bank shares are held by insiders. Comparatively, 4.5% of Cathay General Bancorp shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company 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%

Independent Bank has a beta of 0.76, meaning that its share price is 24% less volatile than the broader market. Comparatively, Cathay General Bancorp has a beta of 0.85, meaning that its share price is 15% less volatile than the broader market.

In the previous week, Cathay General Bancorp had 2 more articles in the media than Independent Bank. MarketBeat recorded 7 mentions for Cathay General Bancorp and 5 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.47 beat Cathay General Bancorp's score of 1.31 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
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cathay General Bancorp
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank currently has a consensus target price of $91.86, suggesting a potential upside of 9.48%. Cathay General Bancorp has a consensus target price of $62.25, suggesting a potential downside of 0.70%. Given Independent Bank's stronger consensus rating and higher probable upside, research 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)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71
Cathay General Bancorp
1 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Cathay General Bancorp has lower revenue, but higher 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$1.17B3.39$205.12M$5.5415.14
Cathay General Bancorp$870.57M4.80$315.12M$5.1212.24

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?

First Merchants (NASDAQ:FRME) 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 analyst recommendations, dividends, valuation, institutional ownership, earnings, media sentiment, profitability and risk.

First Merchants presently has a consensus target price of $49.00, indicating a potential upside of 16.50%. Independent Bank has a consensus target price of $91.86, indicating a potential upside of 9.48%. Given First Merchants' higher probable upside, equities 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)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Independent Bank
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.5%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. 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 raised its dividend for 13 consecutive years and Independent Bank has raised its dividend for 15 consecutive years.

In the previous week, Independent Bank had 1 more articles in the media than First Merchants. MarketBeat recorded 5 mentions for Independent Bank and 4 mentions for First Merchants. First Merchants' average media sentiment score of 1.54 beat Independent Bank's score of 1.47 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
3 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
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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% 8.86% 1.12%
Independent Bank 20.31%9.19%1.31%

73.9% of First Merchants shares are owned by institutional investors. Comparatively, 83.4% of Independent Bank shares are owned by institutional investors. 1.8% of First Merchants 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, large money managers and endowments believe a stock is poised for long-term growth.

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 0.76, indicating that its share price is 24% less volatile than the broader market.

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$1.05B2.51$226M$3.1213.48
Independent Bank$1.17B3.39$205.12M$5.5415.14

Summary

Independent Bank beats First Merchants on 14 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Fulton Financial?

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

72.0% of Fulton Financial shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 0.0% of Fulton Financial shares are held by insiders. Comparatively, 1.6% of Independent Bank shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

In the previous week, Fulton Financial had 2 more articles in the media than Independent Bank. MarketBeat recorded 7 mentions for Fulton Financial and 5 mentions for Independent Bank. Fulton Financial's average media sentiment score of 1.48 beat Independent Bank's score of 1.47 indicating that Fulton Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fulton Financial
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Fulton Financial pays an annual dividend of $0.76 per share and has a dividend yield of 3.2%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. Fulton Financial pays out 36.4% 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. Fulton Financial has raised its dividend for 4 consecutive years and Independent Bank has raised its dividend for 15 consecutive years. Fulton Financial is clearly the better dividend stock, given its higher yield and lower payout ratio.

Fulton Financial has a net margin of 20.63% compared to Independent Bank's net margin of 20.31%. Fulton Financial's return on equity of 12.68% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Fulton Financial20.63% 12.68% 1.30%
Independent Bank 20.31%9.19%1.31%

Fulton Financial has higher revenue and earnings than Independent Bank. Fulton Financial 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
Fulton Financial$1.89B2.43$391.61M$2.0911.53
Independent Bank$1.17B3.39$205.12M$5.5415.14

Fulton Financial has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.76, indicating that its stock price is 24% less volatile than the broader market.

Fulton Financial currently has a consensus price target of $24.75, suggesting a potential upside of 2.70%. Independent Bank has a consensus price target of $91.86, suggesting a potential upside of 9.48%. Given Independent Bank's stronger consensus rating and higher probable upside, analysts clearly believe Independent Bank is more favorable than Fulton Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fulton Financial
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)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71

Summary

Independent Bank beats Fulton Financial on 11 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 companies based on the strength of their profitability, analyst recommendations, media sentiment, risk, earnings, valuation, institutional ownership and dividends.

Hope Bancorp has a beta of 0.83, indicating that its share price is 17% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.76, indicating that its share price is 24% less volatile than the broader market.

Independent Bank has a net margin of 20.31% compared to Hope Bancorp's net margin of 12.53%. 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 Bancorp12.53% 5.71% 0.70%
Independent Bank 20.31%9.19%1.31%

84.0% of Hope Bancorp shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 2.3% of Hope Bancorp 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.0%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. Hope Bancorp pays out 56.0% 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 has higher revenue and earnings than Hope Bancorp. Hope 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
Hope Bancorp$967.63M1.87$61.59M$1.0014.13
Independent Bank$1.17B3.39$205.12M$5.5415.14

In the previous week, Hope Bancorp had 2 more articles in the media than Independent Bank. MarketBeat recorded 7 mentions for Hope Bancorp and 5 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.47 beat Hope Bancorp's score of 1.46 indicating that Independent Bank is being referred to more favorably in the news media.

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

Hope Bancorp currently has a consensus price target of $15.50, indicating a potential upside of 9.70%. Independent Bank has a consensus price target of $91.86, indicating a potential upside of 9.48%. Given Hope Bancorp's higher possible upside, equities analysts plainly believe Hope Bancorp is more favorable than Independent Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hope Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Independent Bank
1 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71

Summary

Independent Bank beats Hope Bancorp on 14 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$3.93B$24.25B$14.34B$12.92B
Dividend Yield3.09%3.15%5.88%8.90%
P/E Ratio15.1427.3526.1725.42
Price / Sales3.399.61517.1995.42
Price / Cash13.5816.2039.5952.28
Price / Book1.131.392.136.17
Net Income$205.12M$2.58B$1.32B$349.50M
7 Day Performance2.24%1.39%3.83%-0.15%
1 Month Performance-2.12%1.02%1.60%1.02%
1 Year Performance18.02%24.37%11.96%14.50%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.3965 of 5 stars
$83.90
+1.2%
$91.86
+9.5%
+16.4%$3.93B$1.17B15.142,294
ABCB
Ameris Bancorp
N/A$86.00
-0.2%
$91.67
+6.6%
N/A$5.77B$1.23B16.512,850
CATY
Cathay General Bancorp
2.8471 of 5 stars
$62.33
+0.0%
$62.25
-0.1%
+24.4%$4.16B$1.38B12.171,268
FRME
First Merchants
4.823 of 5 stars
$41.92
-0.3%
$49.00
+16.9%
+0.4%$2.64B$1.05B13.442,086
FULT
Fulton Financial
2.9958 of 5 stars
$23.59
-0.2%
$24.75
+4.9%
+22.2%$4.51B$1.89B11.293,400

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This page (NASDAQ:INDB) was last updated on 9/5/2026 by MarketBeat.com Staff.
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