Independent Bank Corp (INDB) stock
Close on Nov 13, 2026Market cap $4.00BP/E 12.5Yield 2.79%
Independent Bank Corp grew revenue 30.9% to $1.02B over the twelve months to Sep 30, 2026. Free cash flow was $353.69M, up 76.8% from a year earlier. At the latest close the market valued the company at $4.00B, 12.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $4.00B
- P/E ratio
- 12.5
- Price to sales
- 3.92
- Price to book
- 1.16
- Dividend yield
- 2.79%
- Free cash flow yield
- 8.84%
Fundamentals
- Revenue
- $1.02B
- Net income
- $326.84M
- EPS, diluted
- $6.75
- Free cash flow
- $353.69M
- Book value per share
- $73.06
- Diluted shares
- 47M
Trading
- Next earnings
- Jan 21, 2027 (estimated, after the close)
- Previous close
- $84.12
- Open
- $84.37
- Day's range
- $83.56 – $84.64
- Volume
- 199,781
- Average volume (20 days)
- 347,809
- Index membership
- S&P SmallCap 600, Russell 2000, Russell 3000
- Beta (5 years)
- 0.69
- 52-week range
- $66.17 – $88.58
- RSI (14 days)
- 56.5
- Volatility (1 year)
- 22.2%
- Relative volume
- 0.53×
- WACC
- 8.5%
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWM, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | INDB | S&P 500 | Difference | INDB per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +10.0% | -3.0% | +13.1 pts | ||
| 3 months | -0.4% | -2.8% | +2.4 pts | ||
| Year to date | +18.4% | +11.5% | +6.9 pts | ||
| 1 year | +26.4% | +13.5% | +12.9 pts | ||
| 3 years | +81.6% | +77.7% | +3.9 pts | +22.0% | +21.1% |
| 5 years | +14.2% | +72.6% | −58.4 pts | +2.7% | +11.5% |
| 10 years | +79.8% | +308.2% | −228.4 pts | +6.0% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Net income
EPS, diluted
Free cash flow
Press releases
Releases Independent Bank filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- Results
- News
- Update
- Update
About Independent Bank
State Commercial Banks
Independent Bank Corp. is a bank holding company that operates primarily through its sole operating segment, Rockland Trust Company. The institution provides commercial and consumer banking, investment management, and financial services. Its offerings encompass demand deposits, checking, savings, money market accounts, and certificates of deposit, alongside commercial real estate lending, industrial financing, small business loans, residential mortgages, and home equity lines. It also delivers mobile, online, and telephone banking solutions. The organization serves individual consumers, small to upper-middle-market businesses, and municipalities.
Company profile, executives and historyIndependent Bank stock: common questions
What is Independent Bank's stock price?
INDB closed at $84.47 on Nov 13, 2026, up 0.42% on the day. Over the past 52 weeks it traded between $66.17 and $88.58.
What is Independent Bank's market cap?
Independent Bank was worth $4.00B at the close on Nov 13, 2026: the share price times the diluted shares outstanding.
What is INDB's P/E ratio?
INDB trades at 12.5 times earnings, based on diluted earnings per share of $6.75 over the twelve months to Sep 30, 2026.
How much revenue does Independent Bank make?
Independent Bank reported revenue of $1.02B for the twelve months to Sep 30, 2026, up 30.9% from a year earlier.
Does Independent Bank pay a dividend?
Yes. Independent Bank paid $2.36 per share over the last twelve months, a yield of 2.79% at the latest price, and has raised its annual dividend 3 years in a row.
When does Independent Bank report earnings next?
Independent Bank is expected to report Q4 FY2026 results on Jan 21, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has INDB stock performed over the past year?
Including dividends, INDB returned +26.4% over the past year, against +13.5% for the S&P 500.
How many INDB shares are sold short?
2M shares were sold short at the latest FINRA report, 4.01% of the float, or 4.3 days of average trading volume.
Who are Independent Bank's competitors?
Companies most similar to Independent Bank by business, industry and size include CUBI, FHB, FIBK, BOH, FBP.
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