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Independent Bank (INDB) Competitors

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$82.16 +0.11 (+0.13%)
As of 11:36 AM Eastern
This is a fair market value price provided by Massive. Learn more.

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

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), Fulton Financial (FULT), and Hope Bancorp (HOPE). These companies are all part of the "regional banks" industry.

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 better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, valuation, earnings, dividends, media sentiment and profitability.

In the previous week, Independent Bank had 8 more articles in the media than Ameris Bancorp. MarketBeat recorded 9 mentions for Independent Bank and 1 mentions for Ameris Bancorp. Independent Bank's average media sentiment score of 1.62 beat Ameris Bancorp's score of -0.30 indicating that Independent Bank is being referred to more favorably in the news media.

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

Ameris Bancorp has a beta of 0.91, suggesting that its share price is 9% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.78, suggesting that its share price is 22% less volatile than the broader market.

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
Ameris Bancorp21.46% 9.57% 1.32%
Independent Bank 19.14%8.66%1.26%

Ameris Bancorp currently has a consensus target price of $90.17, suggesting a potential upside of 2.38%. Independent Bank has a consensus target price of $90.71, suggesting a potential upside of 10.41%. Given Independent Bank's higher probable upside, analysts plainly 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)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

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
Ameris Bancorp$1.20B4.93$358.68M$6.3613.85
Independent Bank$1.17B3.39$205.12M$5.0416.30

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, large money managers and hedge funds believe a company will outperform the market over the long term.

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 3.1%. Ameris Bancorp pays out 12.6% 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.

Summary

Ameris Bancorp beats Independent Bank on 13 of the 19 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 investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, earnings, risk and media sentiment.

Cathay General Bancorp currently has a consensus price target of $51.75, suggesting a potential downside of 14.33%. Independent Bank has a consensus price target of $90.71, suggesting a potential upside of 10.41%. Given Independent Bank's stronger consensus rating and higher probable 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)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

Cathay General Bancorp has a beta of 0.86, suggesting that its stock price is 14% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.78, suggesting that its stock price is 22% less volatile than the broader market.

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%

75.0% of Cathay General Bancorp shares are owned by institutional investors. Comparatively, 83.4% of Independent Bank shares are owned by institutional investors. 4.5% of Cathay General 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 company is poised for long-term growth.

Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.5%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. 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 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.

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$1.38B2.92$315.12M$4.8512.45
Independent Bank$1.17B3.39$205.12M$5.0416.30

In the previous week, Independent Bank had 5 more articles in the media than Cathay General Bancorp. MarketBeat recorded 9 mentions for Independent Bank and 4 mentions for Cathay General Bancorp. Independent Bank's average media sentiment score of 1.62 beat Cathay General Bancorp's score of 1.24 indicating that Independent Bank is being referred to more favorably in the news media.

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

Summary

Independent Bank beats Cathay General Bancorp on 12 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 stock? We will compare the two businesses based on the strength of their risk, dividends, institutional ownership, valuation, analyst recommendations, media sentiment, profitability and earnings.

Independent Bank has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market. Comparatively, First Merchants has a beta of 0.85, indicating that its stock price is 15% less volatile than the broader market.

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$1.17B3.39$205.12M$5.0416.30
First Merchants$1.05B2.47$226M$3.4012.11

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 company insiders. Comparatively, 1.8% of First Merchants shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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%

Independent Bank presently has a consensus target price of $90.71, indicating a potential upside of 10.41%. First Merchants has a consensus target price of $48.33, indicating a potential upside of 17.44%. Given First Merchants' higher probable upside, analysts clearly 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)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
First Merchants
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Independent Bank had 4 more articles in the media than First Merchants. MarketBeat recorded 9 mentions for Independent Bank and 5 mentions for First Merchants. Independent Bank's average media sentiment score of 1.62 beat First Merchants' score of 0.29 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
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very Positive
First Merchants
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.6%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. First Merchants pays out 43.5% 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 and First Merchants has raised its dividend for 13 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

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

How does Independent Bank compare to Fulton Financial?

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

In the previous week, Independent Bank had 5 more articles in the media than Fulton Financial. MarketBeat recorded 9 mentions for Independent Bank and 4 mentions for Fulton Financial. Independent Bank's average media sentiment score of 1.62 beat Fulton Financial's score of 1.37 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
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Fulton Financial
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Independent Bank currently has a consensus target price of $90.71, indicating a potential upside of 10.41%. Fulton Financial has a consensus target price of $23.00, indicating a potential downside of 0.07%. Given Independent Bank's stronger consensus rating and higher possible upside, analysts plainly believe Independent Bank is more favorable than Fulton Financial.

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
Fulton Financial
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29

83.4% of Independent Bank shares are held by institutional investors. Comparatively, 72.0% of Fulton Financial shares are held by institutional investors. 1.6% of Independent Bank shares are held by insiders. Comparatively, 0.0% of Fulton Financial 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 a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market. Comparatively, Fulton Financial has a beta of 0.8, indicating that its stock price is 20% less volatile than the broader market.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. Fulton Financial pays an annual dividend of $0.76 per share and has a dividend yield of 3.3%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. Fulton Financial pays out 36.2% 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 Fulton Financial has raised its dividend for 4 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 20.85% compared to Independent Bank's net margin of 19.14%. Fulton Financial's return on equity of 12.69% beat Independent Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Independent Bank19.14% 8.66% 1.26%
Fulton Financial 20.85%12.69%1.28%

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
Independent Bank$1.17B3.39$205.12M$5.0416.30
Fulton Financial$1.89B2.32$391.61M$2.1010.96

Summary

Independent Bank beats Fulton Financial on 12 of the 20 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 superior investment? We will compare the two companies based on the strength of their earnings, risk, media sentiment, valuation, dividends, profitability, analyst recommendations and institutional ownership.

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%

Independent Bank currently has a consensus price target of $90.71, indicating a potential upside of 10.41%. Hope Bancorp has a consensus price target of $14.50, indicating a potential upside of 11.62%. Given Hope Bancorp's higher probable upside, analysts clearly 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)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.1%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.3%. 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.

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$1.17B3.39$205.12M$5.0416.30
Hope Bancorp$967.63M1.72$61.59M$0.5224.98

In the previous week, Independent Bank had 2 more articles in the media than Hope Bancorp. MarketBeat recorded 9 mentions for Independent Bank and 7 mentions for Hope Bancorp. Independent Bank's average media sentiment score of 1.62 beat Hope Bancorp's score of 0.91 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
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Hope Bancorp
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Independent Bank has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market. Comparatively, Hope Bancorp has a beta of 0.84, indicating that its stock price is 16% less volatile than the broader market.

Summary

Independent Bank beats Hope Bancorp on 14 of the 20 factors compared between the two stocks.

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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$3.97B$1.15B$14.03B$12.29B
Dividend Yield3.07%2.56%5.75%5.66%
P/E Ratio16.3019.0720.1624.47
Price / Sales3.392.39148.50137.30
Price / Cash13.6525.2319.5037.92
Price / Book1.141.232.276.71
Net Income$205.12M$75.93M$1.14B$337.21M
7 Day Performance1.92%0.19%2.10%1.92%
1 Month Performance8.05%5.69%3.58%3.80%
1 Year Performance31.02%31.63%13.15%28.85%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.6717 of 5 stars
$82.16
+0.1%
$90.71
+10.4%
+29.3%$3.97B$1.17B16.302,294
ABCB
Ameris Bancorp
2.9571 of 5 stars
$85.44
0.0%
$90.17
+5.5%
+44.2%$5.75B$1.20B16.402,850
CATY
Cathay General Bancorp
2.4311 of 5 stars
$58.39
+0.3%
$51.75
-11.4%
+38.9%$3.90B$1.38B12.041,268
FRME
First Merchants
4.2703 of 5 stars
$40.02
+0.2%
$48.33
+20.8%
+14.4%$2.52B$1.05B11.772,086
FULT
Fulton Financial
2.947 of 5 stars
$22.05
+0.5%
$23.00
+4.3%
+33.4%$4.20B$1.89B10.503,400

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This page (NASDAQ:INDB) was last updated on 6/16/2026 by MarketBeat.com Staff.
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