Independent Bank (INDB)

Currency in USD
70.56
-0.38(-0.54%)
Closed·
70.560.00(0.00%)
·
INDB Scorecard
Full Analysis
Has raised its dividend for 14 consecutive years
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Fair Value
Day's Range
67.9371.24
52 wk Range
52.1577.23
Key Statistics
Prev. Close
70.56
Open
70.43
Day's Range
67.93-71.24
52 wk Range
52.15-77.23
Volume
264.19K
Average Volume (3m)
393.32K
1-Year Change
12.02%
Book Value / Share
72.15
Fair Value
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Fair Value Upside
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INDB Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
79.50
Upside
+12.67%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings upwards for the upcoming period

Independent Bank News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Independent Bank Company Profile

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Sector
Financial
Employees
1837

Independent Bank Earnings Call Summary for Q2/2025

  • Q2 2025 EPS of $1.25 beat forecast by 3.31%; revenue at $181.8M exceeded expectations by 1.3%
  • Stock surged 5.45% post-earnings; acquisition of Enterprise Bank completed, enhancing asset base
  • Non-performing assets reduced by 35% from Q1; GAAP net income of $51.1M, adjusted operating net income of $53.5M
  • Guidance: Low single-digit loan growth, Q3 net interest margin in mid-3.60% range, full cost synergies from acquisition by Q1 2026
  • CEO confident in returning to premium valuation; no immediate plans for further acquisitions
Last Updated: 18/07/2025, 16:04
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Compare INDB to Peers and Sector

Metrics to compare
INDB
Peers
Sector
Relationship
P/E Ratio
18.7x13.5x9.8x
PEG Ratio
−1.720.410.03
Price/Book
1.1x1.0x1.0x
Price / LTM Sales
5.3x3.6x2.9x
Upside (Analyst Target)
12.9%7.2%9.9%
Fair Value Upside
Unlock−8.1%0.8%Unlock

Analyst Ratings

2 Buy
2 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 79.50
(+12.67% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.43%
Dividend Yield
3.34%
Industry Median 3.41%
Annualised payout
2.36
Paid quarterly
5-Years Growth
+5.21%
Growth Streak

Earnings

Latest Release
Jul 18, 2025
EPS / Forecast
1.25 / 1.21
Revenue / Forecast
181.80M / 179.47M
EPS Revisions
Last 90 days

INDB Income Statement

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FAQ

What Stock Exchange Does Independent Bank Trade On?

Independent Bank is listed and trades on the Nasdaq Stock Exchange stock exchange.

What Is the Stock Symbol for Independent Bank?

The stock symbol for Independent Bank is "INDB."

What Is the Independent Bank Market Cap?

As of today, Independent Bank market cap is 3.53B.

What Is Independent Bank's Earnings Per Share (TTM)?

The Independent Bank EPS (TTM) is 4.43.

When Is the Next Independent Bank Earnings Date?

Independent Bank will release its next earnings report on 15 Oct 2025.

From a Technical Analysis Perspective, Is INDB a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Independent Bank Stock Split?

Independent Bank has split 2 times.

How Many Employees Does Independent Bank Have?

Independent Bank has 1837 employees.

What is the current trading status of Independent Bank (INDB)?

As of 26 Aug 2025, Independent Bank (INDB) is trading at a price of 70.56, with a previous close of 70.56. The stock has fluctuated within a day range of 67.93 to 71.24, while its 52-week range spans from 52.15 to 77.23.
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