Independent Bank Corp. (INDB)
| Market Cap | 3.79B +42.8% |
| Revenue (ttm) | 876.23M +33.9% |
| Net Income | 240.62M +27.5% |
| EPS | 5.04 +13.4% |
| Shares Out | 48.33M |
| PE Ratio | 15.67 |
| Forward PE | 10.43 |
| Dividend | $2.56 (3.24%) |
| Ex-Dividend Date | Mar 30, 2026 |
| Volume | 8,920 |
| Open | 78.64 |
| Previous Close | 78.93 |
| Day's Range | 78.34 - 78.64 |
| 52-Week Range | 57.01 - 87.00 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 90.57 (+15.61%) |
| Earnings Date | Apr 16, 2026 |
About INDB
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. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevo... [Read more]
Financial Performance
In 2025, Independent Bank's revenue was $792.05 million, an increase of 21.20% compared to the previous year's $653.49 million. Earnings were $205.12 million, an increase of 6.79%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for INDB stock is "Buy." The 12-month stock price target is $90.57, which is an increase of 15.61% from the latest price.
News
Independent Bank initiated with an Outperform at Hovde Group
Hovde Group initiated coverage of Independent Bank (INDB) with an Outperform rating and $95 price target
Independent Bank price target lowered to $94 from $96 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on Independent Bank (INDB) to $94 from $96 and keeps an Outperform rating on the shares.
Independent Bank price target raised to $97 from $94 at Raymond James
Raymond James raised the firm’s price target on Independent Bank (INDB) to $97 from $94 and keeps a Strong Buy rating on the shares. Earnings and profitability are “on a…
Independent Bank Earnings Call Transcript: Q1 2026
First quarter results showed improved profitability, strong capital ratios, and disciplined expense management. CRE and office portfolios are being actively managed amid a competitive and uncertain environment, while capital returns and NIM expansion remain priorities.
Independent Bank Earnings release: Q1 2026
Independent Bank released its Q1 2026 earnings on April 17, 2026, summarizing the period's financial results.
Independent Bank Slides: Q1 2026
Independent Bank has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 17, 2026.
Independent Bank Quarterly report: Q1 2026
Independent Bank has published its Q1 2026 quarterly earnings report on April 17, 2026.
Independent Bank reports Q1 EPS $1.63, consensus $1.66
The company generated a return on average assets and a return on average common equity of 1.31% and 9.02%, respectively, for the first quarter of 2026, as compared to 1.20%…
Independent Bank Corp. Reports First Quarter Net Income of $79.9 Million
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2026 first quarter net income of $79.9 million, or $1.63...
Independent Bank initiated with an Overweight at Stephens
Stephens initiated coverage of Independent Bank (INDB) with an Overweight rating and $88 price target The firm’s 2026 and 2027 EPS views are below consensus primarily on higher provisioning expectatio...
Independent Bank initiated with an Overweight at Stephens
Stephens initiated coverage of Independent Bank (INDB) with an Overweight rating and $88 price target
Independent Bank price target raised to $82 from $80 at Barclays
Barclays raised the firm’s price target on Independent Bank (INDB) to $82 from $80 and keeps an Underweight rating on the shares. The firm adjusted targets in the mid-cap bank…
Independent Bank Corp. Announces Schedule of First Quarter 2026 Earnings Release and Conference Call
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, announced the following details for its first quarter 2026 earnings rele...
Independent Bank Proxy statement: Proxy filing
Independent Bank filed a proxy statement on April 1, 2026, providing details for shareholder voting and corporate governance matters.
Independent Bank Proxy statement: Proxy filing
Independent Bank filed a proxy statement on March 26, 2026, providing details for shareholder voting and corporate governance matters.
Independent Bank raises quarterly dividend to 64c per share from 59c
The dividend will be payable on April 9, 2026, to stockholders of record as of the close of business on March 30, 2026.
Independent Bank Corp. Announces 8.5% Increase in Quarterly Dividend
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.64 per share dividend, re...
Independent Bank assumed with a Neutral at Piper Sandler
Piper Sandler assumed coverage of Independent Bank (INDB) with a Neutral rating with a price target of $84, down from $86. The firm sees relative near-term upside potential as limited.
Independent Bank Slides: RBC Capital Markets Global Financial Institutions Conference Presentation
Independent Bank has posted slides in relation to its latest quarterly earnings report, which was published on March 10, 2026.
Independent Bank Slides: KBW Winter Financial Services Conference Presentation
Independent Bank has posted slides in relation to its latest quarterly earnings report, which was published on February 12, 2026.
Independent Bank downgraded to Underweight from Equal Weight at Barclays
Barclays downgraded Independent Bank (INDB) to Underweight from Equal Weight with an unchanged price target of $80. The firm says a “premium” is being placed on the bank’s organic growth…
Independent Bank price target raised to $96 from $83 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Independent Bank (INDB) to $96 from $83 and keeps an Outperform rating on the shares.
Independent Bank Earnings Call Transcript: Q4 2025
Fourth quarter results featured strong NIM expansion, robust C&I growth, and stable credit quality, with successful integration of the Enterprise acquisition and significant capital returned to shareholders. 2026 guidance targets higher profitability, continued margin expansion, and prudent expense management.
Independent Bank Annual report: Q4 2025
Independent Bank has published its Q4 2025 annual report on January 23, 2026.
Independent Bank Annual report: Q4 2025
Independent Bank has published its Q4 2025 annual report on January 23, 2026.