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Independent Bank (INDB) Competitors

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$79.47 -0.44 (-0.55%)
As of 10:01 AM Eastern
This is a fair market value 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 earnings, risk, profitability, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

91.6% of Ameris Bancorp shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 5.7% of Ameris 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 stock will outperform the market over the long term.

Ameris Bancorp currently has a consensus target price of $90.17, suggesting a potential upside of 5.54%. Independent Bank has a consensus target price of $90.71, suggesting a potential upside of 14.15%. Given Independent Bank's higher possible 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 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 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$1.20B4.78$358.68M$6.3613.43
Independent Bank$1.17B3.28$205.12M$5.0415.77

Ameris Bancorp has a beta of 0.93, suggesting that its stock price is 7% 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 3.2%. 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 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.

In the previous week, Independent Bank had 1 more articles in the media than Ameris Bancorp. MarketBeat recorded 1 mentions for Independent Bank and 0 mentions for Ameris Bancorp. Independent Bank's average media sentiment score of 0.50 beat Ameris Bancorp's score of 0.00 indicating that Independent Bank is being referred to more favorably in the news media.

Company Overall Sentiment
Ameris Bancorp Neutral
Independent Bank Positive

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

Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.6%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.2%. 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 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%

Cathay General Bancorp has higher earnings, but lower revenue 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$844.88M4.59$315.12M$4.8511.92
Independent Bank$1.17B3.28$205.12M$5.0415.77

Cathay General Bancorp currently has a consensus price target of $51.75, indicating a potential downside of 10.49%. Independent Bank has a consensus price target of $90.71, indicating a potential upside of 14.15%. Given Independent Bank's stronger consensus rating and higher probable 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
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

In the previous week, Cathay General Bancorp had 5 more articles in the media than Independent Bank. MarketBeat recorded 6 mentions for Cathay General Bancorp and 1 mentions for Independent Bank. Cathay General Bancorp's average media sentiment score of 1.08 beat Independent Bank's score of 0.50 indicating that Cathay General Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cathay General Bancorp
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
0 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 has a beta of 0.87, indicating that its share price is 13% less volatile than the broader market. Comparatively, Independent Bank has a beta of 0.78, indicating that its share price is 22% less volatile than the broader market.

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

Summary

Cathay General Bancorp and Independent Bank tied by winning 10 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 companies based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, dividends, risk and media sentiment.

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
First Merchants18.87% 9.58% 1.21%
Independent Bank 19.14%8.66%1.26%

In the previous week, First Merchants had 2 more articles in the media than Independent Bank. MarketBeat recorded 3 mentions for First Merchants and 1 mentions for Independent Bank. Independent Bank's average media sentiment score of 0.50 beat First Merchants' 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
First Merchants
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Independent Bank
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$1.05B2.44$226M$3.4011.99
Independent Bank$1.17B3.28$205.12M$5.0415.77

First Merchants 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.

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

First Merchants pays an annual dividend of $1.44 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 3.2%. First Merchants pays out 42.4% 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. First Merchants has increased its dividend for 13 consecutive years and Independent Bank has increased its dividend for 15 consecutive years. First Merchants is clearly the better dividend stock, given its higher yield and lower payout ratio.

First Merchants currently has a consensus price target of $48.33, indicating a potential upside of 18.57%. Independent Bank has a consensus price target of $90.71, indicating a potential upside of 14.15%. 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

Summary

Independent Bank beats First Merchants on 12 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 better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends.

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
Hope Bancorp6.56% 5.32% 0.65%
Independent Bank 19.14%8.66%1.26%

Hope Bancorp pays an annual dividend of $0.56 per share and has a dividend yield of 4.5%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.2%. 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 50.8% of its earnings in the form of a dividend. Independent Bank has increased its dividend for 15 consecutive years.

Hope Bancorp 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.

In the previous week, Hope Bancorp had 3 more articles in the media than Independent Bank. MarketBeat recorded 4 mentions for Hope Bancorp and 1 mentions for Independent Bank. Hope Bancorp's average media sentiment score of 1.48 beat Independent Bank's score of 0.50 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
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Independent Bank
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Hope Bancorp presently has a consensus price target of $14.50, indicating a potential upside of 15.68%. Independent Bank has a consensus price target of $90.71, indicating a potential upside of 14.15%. Given Hope Bancorp's higher possible upside, research analysts clearly 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)
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

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$967.63M1.66$61.59M$0.5224.11
Independent Bank$1.17B3.28$205.12M$5.0415.77

Summary

Independent Bank beats Hope Bancorp on 12 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 contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, analyst recommendations, media sentiment and institutional ownership.

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$1.17B3.28$205.12M$5.0415.77
Hancock Whitney$1.44B3.84$486.07M$4.8713.95

Independent Bank has a beta of 0.78, meaning that its share price is 22% less volatile than the broader market. Comparatively, Hancock Whitney has a beta of 0.97, meaning that its share price is 3% less volatile than the broader market.

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%

Independent Bank currently has a consensus target price of $90.71, suggesting a potential upside of 14.15%. Hancock Whitney has a consensus target price of $78.14, suggesting a potential upside of 15.01%. 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)
5 Buy rating(s)
1 Strong Buy rating(s)
2.78

In the previous week, Hancock Whitney had 5 more articles in the media than Independent Bank. MarketBeat recorded 6 mentions for Hancock Whitney and 1 mentions for Independent Bank. Independent Bank's average media sentiment score of 0.50 beat Hancock Whitney's score of 0.00 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
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Hancock Whitney
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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 company insiders. Comparatively, 0.9% of Hancock Whitney 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.

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.2%. 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 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 12 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$3.84B$1.11B$13.62B$12.47B
Dividend Yield3.25%2.69%5.81%5.27%
P/E Ratio15.7518.5223.9425.87
Price / Sales3.282.71149.9071.02
Price / Cash12.9123.8420.1656.67
Price / Book1.081.172.177.17
Net Income$205.12M$75.93M$1.13B$336.99M
7 Day Performance0.68%1.04%0.87%3.20%
1 Month Performance1.75%1.38%0.51%3.43%
1 Year Performance27.29%24.80%11.92%36.56%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.2984 of 5 stars
$79.47
-0.6%
$90.71
+14.1%
+31.5%$3.84B$1.17B15.752,294
ABCB
Ameris Bancorp
2.9679 of 5 stars
$83.67
+1.3%
$90.17
+7.8%
+40.2%$5.63B$1.20B16.062,850
CATY
Cathay General Bancorp
2.6269 of 5 stars
$56.58
+1.7%
$52.00
-8.1%
+35.6%$3.73B$1.38B11.671,268
FRME
First Merchants
4.6147 of 5 stars
$39.58
+1.2%
$48.33
+22.1%
+9.7%$2.46B$1.05B11.642,086
HOPE
Hope Bancorp
4.7146 of 5 stars
$12.12
+2.2%
$14.50
+19.6%
+25.3%$1.52B$967.63M23.311,434

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This page (NASDAQ:INDB) was last updated on 5/27/2026 by MarketBeat.com Staff.
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