Independent Bank Corp/MA (INDB) Stock Price

INDBStock

$83.19+17.68%52W

Market Cap$3.94B

P/E19.74x

PEG Ratio11.00

Div yield3.95%

Beta0.82

INDB Share Price Chart

Favorite Metrics

Price vs S&P 500 (26W)-9.76%

Price vs S&P 500 (4W)-6.14%

PEG Ratio11.00

VGM Score46.61

P/E Ratio (Annual)19.74x

Indicated Dividend Yield (Annual)3.95%

P/CF (Annual)16.12x

Book Value / Share (Quarterly)$73.76

P/TBV (Annual)1.05x

Indicated Dividend (Annual)$2.56

Revenue Growth (3Y)12.87%

Cash Flow / Share (Quarterly)$7.00

Payout Ratio (TTM)45.19%

Price vs S&P 500 (YTD)2.27%

Net Profit Margin (TTM)34.69%

EPS (TTM)$5.54

10-Day Avg Trading Volume0.28M

EPS Excl Extra (TTM)$5.54

Revenue Growth (5Y)18.32%

EPS (Annual)$4.44

Dividend / Share (Annual)$2.27

ROI (Annual)5.16%

Net Profit Margin (5Y Avg)30.19%

Cash / Share (Quarterly)$4.01

P/E Basic Excl Extra (TTM)14.92x

Revenue Growth QoQ (YoY)19.39%

EPS Growth (5Y)4.06%

P/E Normalized (Annual)19.74x

ROA (Last FY)0.82%

Revenue Growth TTM (YoY)32.17%

EBITD / Share (TTM)$9.27

ROE (5Y Avg)6.72%

Operating Margin (TTM)45.65%

Cash Flow / Share (Annual)$4.85

P/B Ratio1.15x

P/B Ratio (Quarterly)1.15x

Net Income / Employee (Annual)$89,400

ROA (TTM)1.09%

EPS Growth QoQ (YoY)42.04%

EV / EBITDA (TTM)12.13x

EPS Incl Extra (Annual)$4.44

3-Month Avg Trading Volume0.37M

52-Week Price Return17.68%

EV / Free Cash Flow (Annual)18.97x

P/E Incl Extra (TTM)14.92x

Tangible BV / Share (Quarterly)$71.24

P/S Ratio (Annual)3.36x

52-Week High$87.50

Operating Margin (5Y Avg)39.52%

EPS Excl Extra (Annual)$4.44

CapEx CAGR (5Y)-0.75%

Tangible BV CAGR (5Y)15.37%

26-Week Price Return1.48%

13-Week Price Return6.13%

Total Debt / Equity (Annual)0.11x

Enterprise Value$4.53B

Revenue / Share Growth (5Y)4.67%

Book Value / Share Growth (5Y)7.02%

Revenue / Employee (Annual)$424,440,800,000

Pretax Margin (Annual)47.77%

Cash / Share (Annual)$3.85

3-Month Return Std Dev20.05%

Net Income / Employee (TTM)$118,300

EBITDA CAGR (5Y)20.14%

EBITDA Interim CAGR (5Y)18.21%

ROE (Last FY)5.75%

EPS Basic Excl Extra (Annual)$4.44

P/FCF (TTM)11.91x

EV / Free Cash Flow (TTM)13.33x

Total Debt / Equity (Quarterly)0.14x

EPS Incl Extra (TTM)$5.54

ROI (TTM)6.84%

Dividend Growth Rate (5Y)4.53%

P/S Ratio (TTM)3.24x

Pretax Margin (5Y Avg)39.52%

Revenue / Share (Annual)$15.69

Tangible BV / Share (Annual)$69.70

Forward P/E10.75x

Free OCF CAGR (5Y)35.67%

Price vs S&P 500 (52W)-0.63%

P/E Ratio (TTM)14.92x

EPS Growth TTM (YoY)25.08%

Year-to-Date Return14.23%

5-Day Price Return-2.18%

EPS Normalized (Annual)$4.44

ROA (5Y Avg)1.00%

Net Profit Margin (Annual)36.24%

Month-to-Date Return-0.42%

Cash Flow / Share (TTM)$6.67

EBITD / Share (Annual)$6.59

EPS Growth (3Y)-7.91%

Operating Margin (Annual)47.77%

LT Debt / Equity (Annual)0.11x

P/CF (TTM)11.38x

ROI (5Y Avg)6.41%

P/E Excl Extra (TTM)14.92x

LT Debt / Equity (Quarterly)0.14x

EPS Basic Excl Extra (TTM)$5.54

P/TBV (Quarterly)1.19x

Payout Ratio (Annual)50.65%

P/B Ratio (Annual)1.01x

Dividend / Share (TTM)$2.38

Pretax Margin (TTM)45.65%

Book Value / Share (Annual)$72.41

Price vs S&P 500 (13W)3.33%

Net Margin Growth (5Y)6.81%

Dividend Yield (TTM)2.69%

Beta0.82x

P/FCF (Annual)16.94x

Revenue / Share (TTM)$16.87

ROE (TTM)7.66%

52-Week Low$63.33

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INDB Earnings Surprise History

Q3 251.55est. 1.53

Q4 251.70est. 1.65

Q1 261.68est. 1.66

Q2 261.70est. 1.78

INDB Analyst Recommendations

May 2026

Jun 2026

Jul 2026

Aug 2026

4.00

Industry Peers — State Banks(189)

Symbol	Value Score	Growth Score	Momentum Score	Price
INDBIndependent Bank Corp/MA	C	C	D	$83.19
BNSBank of Nova Scotia	C	C	C	$93.10
BNYBank of New York Mellon Corporation	F	B	A	$163.65
ITUBItau Unibanco Holding S.A. American Depositary Shares	B	D	D	$7.66
DBDeutsche Bank Aktiengesellschaft	A	C	C	$39.04
STTState Street Corporation	C	B	A	$192.95
XLFState Street Financial Select Sector SPDR ETF	—	—	C	$58.31
FITBFifth Third Bancorp	D	C	C	$54.89
BBDBanco Bradesco S.A. American Depositary Shares (Each representing one Preferred Shares)	A	D	D	$3.25
BBDOBanco Bradesco S.A. American Depositary Shares (Each representing one Common Share, no par value)	A	D	D	$3.19
MTBM&T Bank Corp.	C	B	C	$240.41
NTRSNorthern Trust Corp	D	C	B	$186.82
CFGCitizens Financial Group, Inc.	C	C	C	$69.83
FCNCAFirst Citizens BancShares Inc	C	B	C	$2158.92
EWBCEast-West Bancorp Inc	C	B	D	$129.43
ALLYAlly Financial Inc.	A	C	D	$42.60
BPOPPopular Inc	C	C	B	$169.55
SSBSouthState Bank Corporation	C	B	C	$106.12
WTFCWintrust Financial Corp	B	B	D	$151.09
PBProsperity Bancshares Inc	D	D	D	$72.53
WALWestern Alliance Bancorporation	B	B	F	$79.63
COLBColumbia Banking Systems Inc	B	C	D	$30.53
CBSHCommerce Bancshares Inc	C	D	C	$58.23
CBCCentral Bancompany, Inc. Class A Common Stock	D	C	B	$32.66
UBSIUnited Bankshares Inc	C	C	C	$47.41
GBCIGlacier Bancorp Inc	D	C	F	$47.35
HWCHancock Whitney Corporation Common Stock	C	C	C	$74.66
HOMBHome BancShares, Inc.	C	D	D	$29.90
ASBAssociated Banc-Corp	B	C	C	$30.82
AUBAtlantic Union Bankshares Corporation	C	B	D	$40.52
ABCBAmeris Bancorp	D	C	D	$85.54
FFINFirst Financial Bankshares Inc	D	D	D	$33.71
SFBSServisFirst Bancshares Inc.	D	B	D	$43.13
IBOCInternational Bancshares Corp	C	C	D	$70.81
TCBITexas Capital Bancshares, Inc.	C	C	D	$98.59
FBPFirst BanCorp.	C	C	B	$28.00
UCBUnited Community Banks, Inc.	B	B	D	$35.11
CATYCathay General Bancorp	C	C	C	$61.89
CVBFCVB Financial Corp	D	D	C	$22.39
RNSTRenasant Corporation	C	B	D	$41.01
MCHBMechanics Bancorp Class A Common Stock	D	C	D	$16.09
FIBKFirst Interstate BancSystem, Inc. Common Stock (DE)	B	B	D	$37.06
SBCFSeacoast Banking Corp of Florida	D	B	C	$34.00
FHBFirst Hawaiian, Inc. Common Stock	B	D	F	$25.78
BOHBank of Hawaii Corp.	C	C	D	$76.16
FBKFB Financial Corporation	D	B	D	$57.28
FBNCFirst Bancorp/NC	D	C	C	$63.96
CUBICUSTOMERS BANCORP INC	B	B	D	$78.30
SYBTStock Yards Bancorp, Inc.	D	C	C	$80.14
BUSEFirst Busey Corporation Class A Common Stock	B	C	B	$29.99
MBINMerchants Bancorp Common Stock	C	F	A	$53.49

About Independent Bank Corp/MA

Independent Bank Corp is the holding company for Rockland Trust Company, a community-focused commercial bank serving Eastern Massachusetts, Worcester County, and Rhode Island. The bank provides comprehensive banking, investment, and financial services primarily to small and medium-sized businesses and consumers in its regional markets. Its asset base is dominated by a commercial loan portfolio that represents the core of its operations.