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Independent Bank (INDB) Competitors

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$84.72 +0.54 (+0.64%)
Closing price 04:00 PM Eastern
Extended Trading
$84.72 0.00 (-0.01%)
As of 04:56 PM Eastern
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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?

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

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

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. Independent Bank's average media sentiment score of 0.86 beat Ameris Bancorp's score of 0.58 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)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ameris 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 currently has a consensus price target of $91.57, indicating a potential upside of 8.09%. Ameris Bancorp has a consensus price target of $92.17, indicating a potential upside of 1.50%. 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
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63
Ameris Bancorp
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Ameris Bancorp pays an annual dividend of $0.80 per share and has a dividend yield of 0.9%. Independent Bank pays out 50.8% of its earnings in the form of a dividend. Ameris Bancorp pays out 12.6% 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 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
Independent Bank$1.17B3.50$205.12M$5.0416.81
Ameris Bancorp$1.20B5.08$358.68M$6.3614.28

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
Independent Bank19.14% 8.66% 1.26%
Ameris Bancorp 21.46%9.57%1.32%

83.4% of Independent Bank shares are held by institutional investors. Comparatively, 91.6% of Ameris Bancorp shares are held by institutional investors. 1.6% of Independent Bank shares are held by insiders. Comparatively, 5.7% of Ameris Bancorp 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

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 businesses based on the strength of their analyst recommendations, dividends, institutional ownership, earnings, profitability, risk, media sentiment and valuation.

Independent Bank currently has a consensus price target of $91.57, indicating a potential upside of 8.09%. Cathay General Bancorp has a consensus price target of $51.75, indicating a potential downside of 17.27%. Given Independent Bank's stronger consensus rating and higher possible upside, equities research analysts plainly 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 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
Independent Bank19.14% 8.66% 1.26%
Cathay General Bancorp 23.79%11.37%1.38%

In the previous week, Independent Bank had 2 more articles in the media than Cathay General Bancorp. MarketBeat recorded 5 mentions for Independent Bank and 3 mentions for Cathay General Bancorp. Cathay General Bancorp's average media sentiment score of 1.12 beat Independent Bank's score of 0.86 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
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
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 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.

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$1.17B3.50$205.12M$5.0416.81
Cathay General Bancorp$1.38B3.03$315.12M$4.8512.90

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

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 50.8% of its earnings in the form of a dividend. Cathay General Bancorp pays out 31.3% 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.

Summary

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

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 43.5% 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.

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.

In the previous week, Independent Bank had 2 more articles in the media than First Merchants. MarketBeat recorded 5 mentions for Independent Bank and 3 mentions for First Merchants. Independent Bank's average media sentiment score of 0.86 beat First Merchants' score of 0.00 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)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Independent Bank
1 Very Positive mention(s)
2 Positive mention(s)
2 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$1.05B2.60$226M$3.4012.77
Independent Bank$1.17B3.50$205.12M$5.0416.81

First Merchants currently has a consensus target price of $49.00, indicating a potential upside of 12.83%. Independent Bank has a consensus target price of $91.57, indicating a potential upside of 8.09%. 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)
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

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

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%

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?

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

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$1.17B3.50$205.12M$5.0416.81
Hope Bancorp$967.63M1.79$61.59M$0.5226.02

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 4.1%. 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 raised its dividend for 15 consecutive years.

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

In the previous week, Independent Bank had 5 more articles in the media than Hope Bancorp. MarketBeat recorded 5 mentions for Independent Bank and 0 mentions for Hope Bancorp. Independent Bank's average media sentiment score of 0.86 beat Hope Bancorp's score of 0.00 indicating that Independent Bank is being referred to more favorably in the media.

Company Overall Sentiment
Independent Bank Positive
Hope Bancorp Neutral

Independent Bank currently has a consensus price target of $91.57, suggesting a potential upside of 8.09%. Hope Bancorp has a consensus price target of $14.50, suggesting a potential upside of 7.17%. Given Independent Bank's stronger consensus rating and higher possible upside, research analysts clearly believe Independent Bank is more favorable than Hope 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
Hope Bancorp
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

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 stock will outperform the market over the long term.

Summary

Independent Bank beats Hope Bancorp on 15 of the 20 factors compared between the two stocks.

How does Independent Bank compare to Hancock Whitney?

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

Hancock Whitney pays an annual dividend of $2.00 per share and has a dividend yield of 2.7%. Independent Bank pays an annual dividend of $2.56 per share and has a dividend yield of 3.0%. Hancock Whitney pays out 41.1% 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. Hancock Whitney has increased its dividend for 3 consecutive years and 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.

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
Hancock Whitney21.34% 11.20% 1.40%
Independent Bank 19.14%8.66%1.26%

Hancock Whitney presently has a consensus price target of $79.25, indicating a potential upside of 5.60%. Independent Bank has a consensus price target of $91.57, indicating a potential upside of 8.09%. Given Independent Bank's higher probable upside, analysts clearly believe Independent Bank is more favorable than Hancock Whitney.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hancock Whitney
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
3 Strong Buy rating(s)
3.00
Independent Bank
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.63

81.2% of Hancock Whitney shares are held by institutional investors. Comparatively, 83.4% of Independent Bank shares are held by institutional investors. 0.9% of Hancock Whitney 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 stock is poised for long-term growth.

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
Hancock Whitney$2.02B3.01$486.07M$4.8715.41
Independent Bank$1.17B3.50$205.12M$5.0416.81

Hancock Whitney has a beta of 0.95, meaning that its share price is 5% 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.

In the previous week, Hancock Whitney had 1 more articles in the media than Independent Bank. MarketBeat recorded 6 mentions for Hancock Whitney and 5 mentions for Independent Bank. Independent Bank's average media sentiment score of 0.86 beat Hancock Whitney's score of 0.81 indicating that Independent Bank is being referred to more favorably in the news media.

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

Summary

Hancock Whitney beats Independent Bank on 10 of the 19 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$4.07B$1.21B$14.21B$12.59B
Dividend Yield3.04%2.49%5.67%6.52%
P/E Ratio16.8119.4220.6124.81
Price / Sales3.502.7443.6689.92
Price / Cash13.7925.9919.4549.23
Price / Book1.181.292.296.50
Net Income$205.12M$75.93M$1.14B$336.03M
7 Day Performance1.57%0.59%1.48%2.68%
1 Month Performance6.47%5.42%3.17%5.50%
1 Year Performance26.55%25.57%12.39%25.01%

Independent Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
INDB
Independent Bank
4.7115 of 5 stars
$84.72
+0.6%
$91.57
+8.1%
+25.7%$4.07B$1.17B16.812,294
ABCB
Ameris Bancorp
3.3179 of 5 stars
$90.27
-0.8%
$92.17
+2.1%
+32.8%$6.07B$1.20B17.332,850
CATY
Cathay General Bancorp
2.7086 of 5 stars
$61.83
-0.4%
$51.75
-16.3%
+29.9%$4.16B$1.38B12.751,268
FRME
First Merchants
3.5537 of 5 stars
$43.42
-0.6%
$49.00
+12.9%
+6.7%$2.75B$1.05B12.772,086
HOPE
Hope Bancorp
3.6443 of 5 stars
$13.57
-0.1%
$14.50
+6.9%
+17.5%$1.74B$967.63M26.101,434

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This page (NASDAQ:INDB) was last updated on 7/6/2026 by MarketBeat.com Staff.
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