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Independent Bank Corp.

$82.74 +$9.55 (+13.05%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$82.8
Day Range
$81.8$84.02
Year Range
$63.33$87.5
Market Cap
3.99B
AVG Volume
349.25K
Trailing/Forward PE
14.94/9.96
PEG ratio
0.94
Dividend Yield
2.97%
Next Earnings Date
2026-10-15
Primary Exchange
NASDAQUS
Revenue (USD)
0500M1B1.5B2016201720182019202020212022202320242025
INDB Revenue (USD) by year
PeriodRevenue (USD)
20251.17B
2024974.14M
2023911.33M
2022749.84M
2021515.98M
2020508.89M
2019556.63M
2018411.18M
2017359.41M
2016326.74M
Net Income (USD)
0100M200M300M2016201720182019202020212022202320242025
INDB Net Income (USD) by year
PeriodNet Income (USD)
2025205.12M
2024192.08M
2023239.5M
2022263.81M
2021120.99M
2020121.17M
2019165.18M
2018121.62M
201787.2M
201676.65M
Operating Income (USD)
0100M200M300M400M2016201720182019202020212022202320242025
INDB Operating Income (USD) by year
PeriodOperating Income (USD)
2025266.92M
2024247.13M
2023315.13M
2022347.75M
2021156.68M
2020152.84M
2019218.11M
2018155.93M
2017134.54M
2016112.08M
EBITDA (USD)
0100M200M300M400M2016201720182019202020212022202320242025
INDB EBITDA (USD) by year
PeriodEBITDA (USD)
2025306.23M
2024288.02M
2023351.24M
2022386.55M
2021189.5M
2020180.1M
2019237.55M
2018171.53M
2017150.23M
2016126.43M
Cash Flows (USD)
0100M200M300M400M2016201720182019202020212022202320242025
INDB Cash Flows (USD) by year
PeriodCash Flows (USD)
2025247.75M
2024209.49M
2023261.15M
2022399.13M
2021165.02M
202052.05M
2019199.94M
2018130.73M
2017105.83M
201682.94M
EPS (USD)
02462016201720182019202020212022202320242025
INDB EPS (USD) by year
PeriodEPS (USD)
20254.45
20244.52
20235.42
20225.7
20213.65
20203.65
20195.03
20184.4
20173.18
20162.9
Expenses (USD)
0100M200M300M400MSG&ACapex2016201720182019202020212022202320242025
INDB Expenses (USD) by year
PeriodExpenses (USD)
2025301.14M
2024266.81M
2023251.57M
2022226.86M
2021209.8M
2020176.2M
2019179.1M
2018148.28M
2017154.72M
2016132.59M
Cash & Debt (USD)
01B2B3B4BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
INDB Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025234.49M
2024367.16M
20231.56B
20221.75B
20213.81B
20201.71B
2019577.4M
2018693.21M
2017660.61M
2016652.74M
Debt ratios
-6-4-20220182019202020212022202320242025
INDB Debt ratios by year
PeriodDebt ratios
20250.44
20240.28
2023-0.31
2022-1.65
2021-4.7
2020-2.07
2019-0.4
2018-0.52
Margins
0%25%50%75%100%2016201720182019202020212022202320242025
INDB Margins by year
PeriodMargins
202567.93%
202466.4%
202376.69%
202295.19%
202193.81%
202082.94%
201989.24%
201892.63%
201794.08%
201692.39%
Return on Capital
0%5%10%15%2016201720182019202020212022202320242025
INDB Return on Capital by year
PeriodReturn on Capital
20255.75%
20246.42%
20238.27%
20229.14%
20214.01%
20207.12%
20199.67%
201811.33%
20179.24%
20168.86%
Shares Outstanding
020M40M60M2016201720182019202020212022202320242025
INDB Shares Outstanding by year
PeriodShares Outstanding
202549.45M
202442.49M
202343.48M
202245.64M
202140.35M
202032.96M
201934.38M
201827.82M
201727.45M
201626.71M
Dividends (USD)
01232017201820192020202120222023202420252026
INDB Dividends (USD) by year
PeriodDividends (USD)
20261.28
20252.36
20242.28
20232.2
20222.08
20211.92
20201.84
20191.76
20181.52
20171.6
Employee Count
01K2K3K2016201720182019202020212022202320242025
INDB Employee Count by year
PeriodEmployee Count
20252.29K
20241.84K
20231.79K
20221.74K
20211.69K
20201.43K
20191.35K
20181.19K
20171.11K
20161.1K
Book Value Per Share (USD)
0204060802016201720182019202020212022202320242025
INDB Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202572.1
202470.44
202366.6
202263.25
202174.8
202051.65
201949.69
201838.59
201734.39
201632.37
Total Assets (USD)
010B20B30B2016201720182019202020212022202320242025
INDB Total Assets (USD) by year
PeriodTotal Assets (USD)
202524.91B
202419.37B
202319.35B
202219.29B
202120.42B
202013.2B
201911.4B
20188.85B
20178.08B
20167.71B
PE Ratio
10152025med 15.58Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB PE Ratio by year
PeriodPE Ratio
Sep 2614.65
Sep 2614.86
Aug 2614.53
Aug 2614.83
Aug 2615.22
Aug 2614.83
Jul 2617.06
Jul 2617.32
Jul 2617.2
Jul 2617.04
Jul 2617.13
Jun 2617.34
Jun 2616.5
Jun 2616.95
Jun 2616.19
May 2616.09
May 2616.04
May 2615.48
May 2615.92
May 2618.67
Apr 2618.74
Apr 2618.79
Apr 2619.2
Apr 2618.51
Mar 2617.78
Mar 2618.01
Mar 2618.02
Mar 2618.61
Feb 2618.82
Feb 2623.18
Feb 2623.24
Feb 2623.88
Jan 2622.43
Jan 2621.75
Jan 2621.23
Jan 2620.97
Jan 2620.32
Dec 2521.02
Dec 2521.49
Dec 2521.3
Dec 2520.45
Nov 2520.01
Nov 2519.4
Nov 2519.21
Nov 2519.57
Oct 2515.22
Oct 2515.65
Oct 2514.98
Oct 2514.81
Oct 2515.7
Sep 2516.05
Sep 2516.08
Sep 2516.12
Sep 2516.07
Aug 2516.17
Aug 2516.04
Aug 2514.94
Aug 2514.43
Aug 2513.99
Jul 2514.93
Jul 2515.66
Jul 2514.88
Jul 2515.09
Jun 2514.35
Jun 2513.77
Jun 2514.3
Jun 2514.4
May 2513.87
May 2513.7
May 2514.59
May 2513.94
May 2513.78
Apr 2512.84
Apr 2512.35
Apr 2511.86
Apr 2512.25
Mar 2513.98
Mar 2513.95
Mar 2514.08
Mar 2513.96
Feb 2515.17
Feb 2514.66
Feb 2514.8
Feb 2515.07
Jan 2514.5
Jan 2514.37
Jan 2514.47
Jan 2513.02
Jan 2513.8
Dec 2414.03
Dec 2414.25
Dec 2415.29
Dec 2415.5
Nov 2415.63
Nov 2415.97
Nov 2415.59
Nov 2415.56
Nov 2412.38
Oct 2412.23
Oct 2412.18
Free Cash Flow Yield
4%6%8%10%med 7.2%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 267.86%
Sep 267.75%
Aug 267.93%
Aug 267.77%
Aug 267.57%
Aug 267.77%
Jul 268.48%
Jul 268.35%
Jul 268.41%
Jul 268.49%
Jul 268.44%
Jun 268.34%
Jun 268.77%
Jun 268.54%
Jun 268.93%
May 268.99%
May 269.02%
May 269.35%
May 269.09%
May 266.47%
Apr 266.44%
Apr 266.43%
Apr 266.29%
Apr 266.53%
Mar 266.79%
Mar 266.71%
Mar 266.7%
Mar 266.49%
Feb 266.42%
Feb 265.01%
Feb 265%
Feb 264.86%
Jan 265.17%
Jan 265.34%
Jan 265.47%
Jan 265.54%
Jan 265.71%
Dec 255.52%
Dec 255.4%
Dec 255.45%
Dec 255.68%
Nov 255.8%
Nov 255.98%
Nov 256.04%
Nov 255.93%
Oct 257.49%
Oct 257.28%
Oct 257.61%
Oct 257.69%
Oct 257.25%
Sep 257.1%
Sep 257.08%
Sep 257.07%
Sep 257.09%
Aug 257.04%
Aug 257.1%
Aug 257.62%
Aug 257.89%
Aug 256.59%
Jul 256.18%
Jul 255.89%
Jul 256.2%
Jul 256.11%
Jun 256.43%
Jun 256.7%
Jun 256.45%
Jun 256.41%
May 256.65%
May 256.73%
May 256.32%
May 256.62%
May 257.91%
Apr 258.49%
Apr 258.83%
Apr 259.19%
Apr 258.9%
Mar 257.8%
Mar 257.82%
Mar 257.74%
Mar 257.82%
Feb 257.19%
Feb 257.63%
Feb 257.56%
Feb 257.42%
Jan 257.71%
Jan 257.78%
Jan 257.73%
Jan 258.59%
Jan 258.1%
Dec 247.97%
Dec 247.85%
Dec 247.32%
Dec 247.22%
Nov 247.16%
Nov 247%
Nov 247.17%
Nov 247.19%
Nov 248.81%
Oct 248.91%
Oct 248.96%
Price to Sales
22.533.54med 3.1Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB Price to Sales by year
PeriodPrice to Sales
Sep 263.17
Sep 263.22
Aug 263.15
Aug 263.21
Aug 263.29
Aug 263.21
Jul 263.38
Jul 263.43
Jul 263.41
Jul 263.37
Jul 263.39
Jun 263.43
Jun 263.27
Jun 263.36
Jun 263.21
May 263.19
May 263.18
May 263.06
May 263.15
May 263.28
Apr 263.29
Apr 263.3
Apr 263.37
Apr 263.25
Mar 263.12
Mar 263.17
Mar 263.17
Mar 263.27
Feb 263.31
Feb 263.88
Feb 263.89
Feb 264
Jan 263.75
Jan 263.64
Jan 263.55
Jan 263.51
Jan 263.4
Dec 253.52
Dec 253.6
Dec 253.56
Dec 253.42
Nov 253.35
Nov 253.25
Nov 253.21
Nov 253.27
Oct 252.9
Oct 252.98
Oct 252.85
Oct 252.82
Oct 252.99
Sep 253.06
Sep 253.07
Sep 253.07
Sep 253.06
Aug 253.08
Aug 253.06
Aug 252.85
Aug 252.75
Aug 252.69
Jul 252.87
Jul 253.01
Jul 252.86
Jul 252.9
Jun 252.76
Jun 252.65
Jun 252.75
Jun 252.77
May 252.67
May 252.64
May 252.81
May 252.68
May 252.72
Apr 252.53
Apr 252.44
Apr 252.34
Apr 252.42
Mar 252.76
Mar 252.75
Mar 252.78
Mar 252.75
Feb 252.99
Feb 252.99
Feb 253.02
Feb 253.08
Jan 252.96
Jan 252.93
Jan 252.95
Jan 252.66
Jan 252.82
Dec 242.86
Dec 242.91
Dec 243.12
Dec 243.16
Nov 243.19
Nov 243.26
Nov 243.18
Nov 243.18
Nov 242.8
Oct 242.77
Oct 242.75
EV/EBITDA
051015med 10.4Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB EV/EBITDA by year
PeriodEV/EBITDA
Sep 2613.8
Sep 2613.97
Aug 2613.7
Aug 2613.95
Aug 2614.28
Aug 2613.95
Jul 2611.67
Jul 2611.87
Jul 2611.77
Jul 2611.65
Jul 2611.72
Jun 2611.88
Jun 2611.23
Jun 2611.58
Jun 2611
May 2610.92
May 2610.88
May 2610.44
May 2610.78
May 2614.44
Apr 2614.49
Apr 2614.52
Apr 2614.79
Apr 2614.33
Mar 2613.84
Mar 2613.99
Mar 2614
Mar 2614.4
Feb 2614.54
Feb 2613.44
Feb 2613.48
Feb 2613.91
Jan 2612.95
Jan 2612.5
Jan 2612.16
Jan 2611.98
Jan 2611.56
Dec 2512.02
Dec 2512.33
Dec 2512.2
Dec 2511.64
Nov 2511.35
Nov 2510.95
Nov 2510.82
Nov 2511.06
Oct 255.14
Oct 255.43
Oct 254.98
Oct 254.86
Oct 255.46
Sep 255.7
Sep 255.72
Sep 255.74
Sep 255.71
Aug 255.78
Aug 255.69
Aug 254.95
Aug 254.61
Aug 255.31
Jul 255.94
Jul 256.42
Jul 255.9
Jul 256.04
Jun 255.54
Jun 255.16
Jun 255.52
Jun 255.58
May 255.22
May 255.11
May 255.7
May 255.27
May 2510.35
Apr 259.72
Apr 259.4
Apr 259.07
Apr 259.33
Mar 2510.48
Mar 2510.47
Mar 2510.55
Mar 2510.47
Feb 2511.28
Feb 256.36
Feb 256.45
Feb 256.64
Jan 256.25
Jan 256.17
Jan 256.24
Jan 255.27
Jan 255.79
Dec 245.94
Dec 246.09
Dec 246.78
Dec 246.92
Nov 247.01
Nov 247.24
Nov 246.98
Nov 246.96
Nov 245.7
Oct 245.6
Oct 245.56
Price/Operating Cashflow
5101520med 12.72Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2612.36
Sep 2612.53
Aug 2612.26
Aug 2612.51
Aug 2612.84
Aug 2612.51
Jul 2611.56
Jul 2611.74
Jul 2611.66
Jul 2611.55
Jul 2611.61
Jun 2611.75
Jun 2611.18
Jun 2611.49
Jun 2610.98
May 2610.91
May 2610.87
May 2610.49
May 2610.79
May 2615.25
Apr 2615.31
Apr 2615.35
Apr 2615.68
Apr 2615.12
Mar 2614.52
Mar 2614.71
Mar 2614.72
Mar 2615.2
Feb 2615.37
Feb 2619.37
Feb 2619.42
Feb 2619.97
Jan 2618.75
Jan 2618.18
Jan 2617.75
Jan 2617.53
Jan 2616.99
Dec 2517.57
Dec 2517.97
Dec 2517.8
Dec 2517.09
Nov 2516.72
Nov 2516.22
Nov 2516.05
Nov 2516.36
Oct 2512.3
Oct 2512.65
Oct 2512.11
Oct 2511.97
Oct 2512.69
Sep 2512.98
Sep 2513
Sep 2513.03
Sep 2512.99
Aug 2513.07
Aug 2512.97
Aug 2512.08
Aug 2511.66
Aug 2513.74
Jul 2514.67
Jul 2515.39
Jul 2514.61
Jul 2514.83
Jun 2514.09
Jun 2513.52
Jun 2514.05
Jun 2514.15
May 2513.62
May 2513.46
May 2514.33
May 2513.7
May 2511.51
Apr 2510.73
Apr 2510.32
Apr 259.91
Apr 2510.24
Mar 2511.68
Mar 2511.66
Mar 2511.77
Mar 2511.66
Feb 2512.67
Feb 2512
Feb 2512.11
Feb 2512.33
Jan 2511.87
Jan 2511.76
Jan 2511.85
Jan 2510.66
Jan 2511.29
Dec 2411.49
Dec 2411.67
Dec 2412.51
Dec 2412.68
Nov 2412.79
Nov 2413.07
Nov 2412.76
Nov 2412.74
Nov 2410.57
Oct 2410.44
Oct 2410.39
Price to Book
0.60.811.21.4med 0.99Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
INDB Price to Book by year
PeriodPrice to Book
Sep 261.13
Sep 261.15
Aug 261.12
Aug 261.15
Aug 261.18
Aug 261.15
Jul 261.16
Jul 261.18
Jul 261.17
Jul 261.16
Jul 261.16
Jun 261.18
Jun 261.12
Jun 261.15
Jun 261.1
May 261.09
May 261.09
May 261.05
May 261.08
May 261.07
Apr 261.08
Apr 261.08
Apr 261.1
Apr 261.06
Mar 261.02
Mar 261.04
Mar 261.04
Mar 261.07
Feb 261.08
Feb 261.17
Feb 261.18
Feb 261.21
Jan 261.14
Jan 261.1
Jan 261.08
Jan 261.06
Jan 261.03
Dec 251.07
Dec 251.09
Dec 251.08
Dec 251.04
Nov 251.01
Nov 250.98
Nov 250.97
Nov 250.99
Oct 250.93
Oct 250.96
Oct 250.92
Oct 250.91
Oct 250.96
Sep 250.98
Sep 250.99
Sep 250.99
Sep 250.99
Aug 250.99
Aug 250.98
Aug 250.92
Aug 250.88
Aug 250.87
Jul 250.93
Jul 250.97
Jul 250.93
Jul 250.94
Jun 250.89
Jun 250.86
Jun 250.89
Jun 250.9
May 250.86
May 250.85
May 250.91
May 250.87
May 250.88
Apr 250.82
Apr 250.79
Apr 250.76
Apr 250.79
Mar 250.9
Mar 250.9
Mar 250.9
Mar 250.9
Feb 250.97
Feb 250.97
Feb 250.98
Feb 251
Jan 250.96
Jan 250.95
Jan 250.96
Jan 250.86
Jan 250.91
Dec 240.93
Dec 240.94
Dec 241.01
Dec 241.02
Nov 241.03
Nov 241.06
Nov 241.03
Nov 241.03
Nov 240.91
Oct 240.9
Oct 240.9
Independent Bank Corp.
INDB
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News: INDB

BlackRock Inc. Buys New Position in Independent Bank Corp. $INDB

defenseworld.net · 24 Aug 2026

BlackRock Inc. Buys New Position in Independent Bank Corp. $INDB

BlackRock Inc. purchased a new stake in Independent Bank Corp. (NASDAQ: INDB) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 6,979,611 shares of the bank's stock, valued at approximately $584,333,000. BlackRock Inc. owned about 14.44% of Independent Bank as of its most

First Trust Advisors LP Raises Stock Position in Independent Bank Corp. $INDB

defenseworld.net · 29 Jul 2026

First Trust Advisors LP Raises Stock Position in Independent Bank Corp. $INDB

First Trust Advisors LP lifted its holdings in Independent Bank Corp. (NASDAQ: INDB) by 1.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 377,302 shares of the bank's stock after buying an additional 6,840 shares during the period.

Independent Bank Corp. (INDB) Q2 2026 Earnings Call Transcript

seekingalpha.com · 17 Jul 2026

Independent Bank Corp. (INDB) Q2 2026 Earnings Call Transcript

Independent Bank Corp. (INDB) Q2 2026 Earnings Call Transcript

Independent Bank Q2 Earnings Call Highlights

marketbeat.com · 17 Jul 2026

Independent Bank Q2 Earnings Call Highlights

Independent Bank NASDAQ: INDB reported second-quarter 2026 net income of $81.8 million, or $1.70 per diluted share, as executives said stronger deposit momentum, C&I lending growth, margin expansion and share repurchases supported profitability despite pressure from commercial real estate payoffs.

Independent Bank Corp. (INDB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

zacks.com · 16 Jul 2026

Independent Bank Corp. (INDB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Independent Bank Corp. (INDB) Misses Q2 Earnings and Revenue Estimates

zacks.com · 16 Jul 2026

Independent Bank Corp. (INDB) Misses Q2 Earnings and Revenue Estimates

Independent Bank Corp. (INDB) came out with quarterly earnings of $1.7 per share, missing the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.25 per share a year ago.

Independent Bank Corp. Reports Second Quarter Net Income of $81.8 Million

businesswire.com · 16 Jul 2026

Independent Bank Corp. Reports Second Quarter Net Income of $81.8 Million

ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2026 second quarter net income of $81.8 million, or $1.70 per diluted share, as compared to 2026 first quarter net income of $79.9 million, or $1.63 per diluted share. Excluding merger-related costs associated with the Company's third quarter 2025 acquisition of Enterprise Bancorp, Inc. (“Enterprise”) and its subsidiary, Enterprise Bank, and their relat.

Top Wall Street Forecasters Revamp Independent Bank Expectations Ahead Of Q2 Earnings

benzinga.com · 14 Jul 2026

Top Wall Street Forecasters Revamp Independent Bank Expectations Ahead Of Q2 Earnings

Independent Bank Corp. (NASDAQ:INDB) will release its second quarter earnings report after the closing bell on Thursday, July 16.

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