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Independent Bank (INDB) Competitors

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$85.94 +0.44 (+0.51%)
Closing price 08/14/2026 04:00 PM Eastern
Extended Trading
$85.93 -0.01 (-0.01%)
As of 08/14/2026 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? Independent Bank's main competitors and comparable companies include Ameris Bancorp (ABCB), Cathay General Bancorp (CATY), First Merchants (FRME), Hope Bancorp (HOPE), and Hancock Whitney (HWC). 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?

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

In the previous week, Ameris Bancorp and Ameris Bancorp both had 3 articles in the media. Independent Bank's average media sentiment score of 1.38 beat Ameris Bancorp's score of 1.25 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ameris Bancorp presently has a consensus price target of $91.67, indicating a potential upside of 2.09%. Independent Bank has a consensus price target of $91.86, indicating a potential upside of 6.89%. 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

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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Ameris Bancorp has a beta of 0.92, suggesting that its stock price is 8% 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.

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%

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$1.23B4.90$358.68M$5.5316.24
Independent Bank$994.27M4.09$205.12M$5.5415.51

Summary

Ameris Bancorp beats Independent Bank on 11 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 superior business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, earnings, profitability, media sentiment and institutional ownership.

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$994.27M4.09$205.12M$5.5415.51
Cathay General Bancorp$1.38B3.13$315.12M$5.1212.68

Independent Bank presently has a consensus target price of $91.86, suggesting a potential upside of 6.89%. Cathay General Bancorp has a consensus target price of $62.25, suggesting a potential downside of 4.13%. Given Independent Bank's stronger consensus rating and higher possible upside, equities 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)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Cathay General Bancorp had 6 more articles in the media than Independent Bank. MarketBeat recorded 9 mentions for Cathay General Bancorp and 3 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.38 beat Cathay General Bancorp's score of 0.33 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
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cathay General Bancorp
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 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 3.0%. Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.3%. 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 owned by institutional investors. Comparatively, 75.0% of Cathay General Bancorp shares are owned by institutional investors. 1.6% of Independent Bank shares are owned by company insiders. Comparatively, 4.5% of Cathay General Bancorp shares are owned 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.

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

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

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

In the previous week, First Merchants had 3 more articles in the media than Independent Bank. MarketBeat recorded 6 mentions for First Merchants and 3 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.38 beat First Merchants' score of 0.34 indicating that Independent Bank is being referred to more favorably in the news media.

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

First Merchants currently has a consensus price target of $49.00, suggesting a potential upside of 12.13%. Independent Bank has a consensus price target of $91.86, suggesting a potential upside of 6.89%. Given First Merchants' higher probable upside, research analysts plainly 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)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

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$691.54M3.97$226M$3.1214.01
Independent Bank$994.27M4.09$205.12M$5.5415.51

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%

First Merchants has a beta of 0.84, suggesting that its stock price is 16% 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.

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 is poised for long-term growth.

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.

Summary

Independent Bank beats First Merchants on 14 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 contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 3.9%. Independent Bank pays out 46.2% of its earnings in the form of a dividend. Hope Bancorp pays out 56.0% 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 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
Independent Bank$994.27M4.09$205.12M$5.5415.51
Hope Bancorp$576.54M3.20$61.59M$1.0014.45

In the previous week, Independent Bank and Independent Bank both had 3 articles in the media. Hope Bancorp's average media sentiment score of 1.46 beat Independent Bank's score of 1.38 indicating that Hope Bancorp is being referred to more favorably in the news media.

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

Independent Bank has a beta of 0.78, meaning that its stock price is 22% less volatile than the broader market. Comparatively, Hope Bancorp has a beta of 0.83, meaning that its stock price is 17% less volatile than the broader market.

Independent Bank currently has a consensus target price of $91.86, suggesting a potential upside of 6.89%. Hope Bancorp has a consensus target price of $15.50, suggesting a potential upside of 7.27%. 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)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Hope Bancorp
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

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, hedge funds and endowments believe a company is poised for long-term growth.

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
Independent Bank20.31% 9.19% 1.31%
Hope Bancorp 12.53%5.71%0.70%

Summary

Independent Bank beats Hope Bancorp on 13 of the 19 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 dividends, profitability, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.

Independent Bank has a beta of 0.78, indicating that its stock price is 22% less volatile than the broader market. Comparatively, Hancock Whitney has a beta of 0.95, indicating that its stock price is 5% less volatile than the broader market.

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 2.5%. 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.

Independent Bank presently has a consensus target price of $91.86, suggesting a potential upside of 6.89%. Hancock Whitney has a consensus target price of $83.78, suggesting a potential upside of 5.01%. Given Independent Bank's higher probable upside, research analysts clearly believe Independent Bank is more favorable than Hancock Whitney.

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)
4 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.73

In the previous week, Hancock Whitney had 20 more articles in the media than Independent Bank. MarketBeat recorded 23 mentions for Hancock Whitney and 3 mentions for Independent Bank. Independent Bank's average media sentiment score of 1.38 beat Hancock Whitney's 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
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hancock Whitney
6 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Independent Bank$994.27M4.09$205.12M$5.5415.51
Hancock Whitney$2.02B3.17$486.07M$5.1015.64

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%

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 endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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$4.07B$23.93B$14.17B$13.07B
Dividend Yield2.99%3.14%5.87%10.65%
P/E Ratio15.5128.2929.4025.40
Price / Sales4.099.61515.47105.59
Price / Cash14.0816.3337.2653.27
Price / Book1.161.382.816.21
Net Income$205.12M$2.57B$1.31B$347.71M
7 Day Performance2.64%1.05%0.77%1.08%
1 Month Performance-1.41%2.31%1.43%1.87%
1 Year Performance30.05%27.82%12.06%20.79%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.5196 of 5 stars
$85.94
+0.5%
$91.86
+6.9%
+30.1%$4.07B$994.27M15.512,294
ABCB
Ameris Bancorp
3.7848 of 5 stars
$88.17
+1.1%
$91.67
+4.0%
+28.2%$5.93B$1.23B16.922,850
CATY
Cathay General Bancorp
3.6313 of 5 stars
$63.90
+1.1%
$62.25
-2.6%
+37.3%$4.24B$1.38B12.481,268
FRME
First Merchants
4.3992 of 5 stars
$43.63
+1.1%
$49.00
+12.3%
+12.5%$2.72B$691.54M13.982,086
HOPE
Hope Bancorp
4.5912 of 5 stars
$14.19
+1.3%
$15.50
+9.2%
+40.3%$1.79B$576.46M14.191,434

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This page (NASDAQ:INDB) was last updated on 8/16/2026 by MarketBeat.com Staff.
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