INDB Independent Bank Corp. logo

INDB Independent Bank Corp.

Financial Services
$78.82+0.20%ClosedMarket Cap: $3.80B

As of 2026-05-25

Valuation

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P/E (TTM)

19.01

PEG

2.80

P/B

1.09

P/S

3.13

EV/EBITDA

13.99

DCF Value

$71.18

FCF Yield

9.2%

Div Yield

3.1%

Margins & Returns

Gross Margin

69.5%

Operating Margin

23.0%

Net Margin

19.8%

ROE

7.0%

ROA

1.0%

ROIC

-1.2%

Financials

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PeriodRevenueNet IncomeEPS
Q1 null$290.3M$79.9M$
Q4 null$339.0M$75.3M$
FY null$1.17B$205.1M$
Q3 null$335.2M$34.3M$

Analyst Ratings

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Consensus

Buy

Target (Consensus)

$93.33

Target (Median)

$95.00

Target Range

$88.00 - $97.00

1 Strong Buy4 Buy1 Hold0 Sell1 Strong Sell
Keefe, Bruyette & WoodsOutperform
2026-04-20
BarclaysUnderweight
2026-04-07
BarclaysUnderweight
2026-02-02
Keefe, Bruyette & WoodsOutperform
2025-10-21

Trading Activity

Insider Trades

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Venables Thomas Rdirector
SellThu May 21
O'Leary Leifdirector
SellThu May 21
O'DAY SUSAN PERRYdirector
SellThu May 21
OBrien Daniel Fdirector
SellThu May 21
Nadeau Gerard Fdirector
SellThu May 21

Company Info

Sector

Financial Services

Industry

Banks - Regional

Country

US

Exchange

Beta

0.80

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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Peers