I

    Independent Bank (INDB)

    Official site

    FINANCIAL SERVICES • BANKS - REGIONAL • NASDAQ

    $81.18
    -0.88 (-1.07%)

    Market Cap: $3.89B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    70%(28/40)
    Avg Surprise
    +3.77%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$1.85
    Range$1.78 - $1.88
    7 analysts
    EPS RevisionsNo revisions (7d)
    1
    4
    30d
    EPS Estimate Drift
    90d ago$1.88+1.9%
    60d ago$1.89+2.2%
    30d ago$1.88+2.0%
    7d ago$1.84-0.3%
    Current$1.85
    Revenue Consensus
    $262M
    Range$260M - $263M
    4 analysts
    Dec 31, 2026
    EPS Consensus$1.87
    Range$1.75 - $1.98
    7 analysts
    Revenue Consensus
    $264M
    Range$260M - $267M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.87---
    Sep 26EST
    		-$1.85---
    Jun 26
    		$1.70$1.77-3.95%Miss+36.0%
    Mar 26
    		$1.68$1.66+1.20%Beat+58.5%
    Dec 25
    		$1.70$1.65+3.03%Beat+40.5%
    Sep 25
    		$1.55$1.54+0.65%Beat+53.5%
    Jun 25
    		$1.25$1.21+3.31%Beat+3.3%
    Mar 25
    		$1.06$1.17-9.40%Miss-5.4%
    Dec 24
    		$1.21$1.16+4.31%Beat-4.0%
    Sep 24
    		$1.01$1.03-1.94%Miss-26.8%
    Jun 24
    		$1.21$1.12+8.04%Beat-14.8%
    Mar 24
    		$1.12$1.15-2.61%Miss-17.6%
    Dec 23
    		$1.26$1.25+0.80%Beat-25.4%
    Sep 23
    		$1.38$1.33+3.76%Beat-12.1%
    Jun 23
    		$1.42$1.36+4.41%Beat+7.6%
    Mar 23
    		$1.36$1.50-9.33%Miss+10.6%
    Dec 22
    		$1.69$1.65+2.42%Beat+3.7%
    Sep 22
    		$1.57$1.42+10.56%Beat+25.6%
    Jun 22
    		$1.32$1.26+4.76%Beat+12.8%
    Mar 22
    		$1.23$1.26-2.38%Miss-2.4%
    Dec 21
    		$1.63$1.10+48.18%Beat+55.2%
    Sep 21
    		$1.25$1.02+22.55%Beat+16.8%
    Jun 21
    		$1.17$1.08+8.33%Beat+53.9%
    Mar 21
    		$1.26$1.09+15.60%Beat+61.5%
    Dec 20
    		$1.05$1.03+1.94%Beat-23.9%
    Sep 20
    		$1.07$0.81+32.10%Beat-28.7%
    Jun 20
    		$0.76$0.62+22.58%Beat-46.5%
    Mar 20
    		$0.78$1.19-34.45%Miss-39.1%
    Dec 19
    		$1.38$1.39-0.72%Miss+7.0%
    Sep 19
    		$1.50$1.41+6.38%Beat+18.1%
    Jun 19
    		$1.42$1.31+8.40%Beat+24.6%
    Mar 19
    		$1.28$1.30-1.54%Miss+28.0%
    Dec 18
    		$1.29$1.29+0.00%Beat+44.9%
    Sep 18
    		$1.27$1.20+5.83%Beat+46.0%
    Jun 18
    		$1.14$1.09+4.59%Beat+39.0%
    Mar 18
    		$1.00$1.05-4.76%Miss+28.2%
    Dec 17
    		$0.89$0.89+0.00%Beat+17.1%
    Sep 17
    		$0.87$0.90-3.33%Miss+11.5%
    Jun 17
    		$0.82$0.82+0.00%Beat-
    Mar 17
    		$0.78$0.78+0.00%Beat-
    Dec 16
    		$0.76$0.77-1.30%Miss-
    Sep 16
    		$0.78$0.76+2.63%Beat-

    Dividends

    Dividend Metrics

    Yield3.03%
    Annual/Share$2.46
    Payout Ratio43.56%
    Frequency4
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+4.30%
    5Y CAGR+5.10%
    View INDB's full dividend history

    Key Metrics

    Valuation
    P/E Ratio12.24EV/EBITDAN/A
    Price/FCF12.84xFCF Yield7.79%
    Profitability
    Profit Margin28.60%Operating Margin47.20%
    ROE8.24%ROIC6.44%
    Financial Health
    Debt/Equity0.20xInterest Coverage1.05x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta0.79Avg Volume268.77K
    52-Week High$87.5052-Week Low$61.82

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$83.10
    SMA 20$84.08
    SMA 50$84.20
    SMA 200$78.41
    EMA 10$82.93
    EMA 20$83.59
    EMA 50$83.31
    EMA 200$78.42

    MACD

    Line: -0.58Signal: -0.17Hist: -0.41

    ADX

    ADX: 14.3+DI: 17.8-DI: 30.4

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$86.65

    Bollinger Bands

    Upper Band$86.90
    Lower Band$81.26
    %B Position671%(Upper)
    Band Width-0.01

    RSI (14-Day)

    Neutral
    33.5

    Momentum Oscillators

    Stoch %K15.1
    Stoch %D14.7
    Williams %R-97.1
    ROC (10d)-5.6%
    Momentum-4.86
    CCI (20d)-158.3
    MFI (14d)49.7

    Volatility Measures

    ATR (14d)$1.45(1.8%)
    StdDev (20d)1.41
    Hist Vol13.8%(Low)

    Volume Flow

    VWAP$81.42
    OBV-537.1K
    AD Line-123.9M
    CMF (20d)-0.189

    Volume Metrics

    Avg Vol (20d)265.2K
    Vol Ratio0.6x
    VWMA (20d)$84.13

    Pivot Points

    R3$84.75
    R2$84.08
    R1$83.07
    Pivot Point$82.41
    S1$81.40
    S2$80.73
    S3$79.72

    Advanced Oscillators

    TSI-12.73
    Ultimate Osc39.0
    KST-14.18

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$253.32M$252.72M$253.93M$243.74M$181.80M$178.04M$176.85M$175.25M$170.26M$167.38M$177.16M$183.42M
    Cost of RevenueN/A$77.81M$85.05M$129.93M$77.90M$81.42M$79.16M$94.32M$78.19M$75.61M$67.57M$58.55M
    Gross ProfitN/A$212.46M$253.93M$205.22M$172.62M$161.11M$167.42M$155.14M$164.40M$159.90M$169.37M$175.60M
    Operating Expenses$140.27M$142.92M$154.37M$160.84M$108.80M$105.88M$106.42M$100.44M$99.61M$99.89M$100.75M$97.78M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$69.55M$99.56M$44.39M$65.81M$57.17M$62.93M$55.31M$66.39M$62.49M$70.92M$80.14M
    Interest Income$289.29M$290.26M$297.54M$294.75M$218.19M$211.92M$216.32M$216.52M$211.86M$208.04M$207.17M$202.93M
    Interest Expense$78.36M$77.81M$85.05M$91.41M$70.70M$66.42M$71.66M$74.82M$73.94M$70.61M$62.07M$53.05M
    Income Before Tax$106.80M$104.30M$94.81M$44.39M$65.81M$57.17M$62.93M$55.31M$66.39M$62.49M$70.92M$80.14M
    Income Tax Expense$24.96M$24.38M$19.48M$10.13M$14.71M$12.74M$12.90M$12.36M$15.06M$14.72M$16.11M$19.33M
    Net Income$81.84M$79.92M$75.33M$34.26M$51.10M$44.42M$50.03M$42.95M$51.33M$47.77M$54.80M$60.81M
    EBITDA$116.68M$114.20M$103.91M$56.67M$74.63M$67.12M$71.65M$65.15M$76.96M$72.51M$78.79M$88.95M
    EBIT$106.80M$104.30M$94.81M$44.39M$65.81M$57.17M$62.93M$55.31M$66.39M$62.49M$70.92M$80.14M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Independent Bank (NASDAQ: INDB) director plans sale of 3,750 shares

    Independent Bank (NASDAQ: INDB) director Thomas R. Venables plans to sell 3,750 shares of common stock, valued at $313,050, on or after August 25, 2026. The shares are from compensation awards including restricted stock and stock options granted between 2020 and 2026. The company currently has 47,369,099 shares outstanding.

    Stock Titan•8/25/26•
    Neutral

    Globeflex Capital L P Makes New Investment in Independent Bank Corp. $INDB

    Globeflex Capital L P has initiated a new position in Independent Bank Corp. by purchasing 29,228 shares worth approximately $1.05 million. This investment makes Globeflex Capital L P own about 0.06% of the company, which also saw other institutional investors like BlackRock and Norges Bank increase their holdings. Independent Bank reported quarterly EPS of $1.70, missing analyst estimates, and maintains a quarterly dividend of $0.64 per share.

    MarketBeat•8/25/26•
    Neutral

    Independent Bank Corp. (NASDAQ:INDB) Given Average Rating of "Moderate Buy" by Brokerages

    Independent Bank Corp. (NASDAQ:INDB) has received a consensus "Moderate Buy" rating from seven brokerages, with an average 12-month price target of $91.86. This comes despite the bank missing its latest quarterly earnings and revenue estimates. The company also declared a quarterly dividend of $0.64, and institutional investors hold a significant 83.4% stake in the firm.

    MarketBeat•8/24/26•
    Neutral

    Independent Bank Corp. Revenue Breakdown – NASDAQ:INDB

    Independent Bank Corp. (NASDAQ: INDB) generated $857.52 million USD in revenue last year, primarily from its Community Banking segment. This represents an increase from $689.74 million USD in the previous year. The United States was the sole geographic contributor to this revenue.

    TradingView•8/24/26•
    Somewhat-Bullish

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

    BlackRock Inc. acquired a new stake in Independent Bank Corp. (NASDAQ:INDB) during the second quarter, purchasing nearly 7 million shares valued at approximately $584.3 million, giving them a 14.44% stake in the company. Institutional investors collectively own 83.40% of Independent Bank, which has a "Moderate Buy" consensus rating and an average price target of $91.86. Despite missing consensus estimates for quarterly EPS and revenue, the company offers a quarterly dividend yielding about 3.1% annually.

    MarketBeat•8/24/26•
    Neutral

    Frequently Asked Questions About INDB

    What is INDB's current dividend yield?
    Independent Bank (INDB) has a current dividend yield of 3.03%.
    Does INDB pay dividends?
    Yes, Independent Bank pays dividends with a current yield of 3.03%.
    What is INDB's P/E ratio?
    Independent Bank has a price-to-earnings (P/E) ratio of 12.24.
    What is INDB's market cap?
    Independent Bank (INDB) has a market capitalization of $3.89B with a current stock price of $81.18.

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