INDB
Independent Bank Corp. NASDAQ Listed May 14, 1986$81.05
-0.02%
vs $81.07
Mkt Cap $4.0B
52w Low $61.06
80.1% of range
52w High $86.01
50d MA $78.87
200d MA $75.36
P/E (TTM)
18.2x
EV/EBITDA
13.7x
P/B
1.1x
Debt/Equity
0.2x
ROE
5.8%
P/FCF
16.7x
RSI (14)
56.50
ATR (14)
$1.67
Beta
0.81
50d MA
$78.87
200d MA
$75.36
Avg Volume
341.7K
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.
288 Union Street · Rockland, MA 02370 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 16, 2026 | AMC | 1.70 | 1.68 | -1.2% | 78.41 | +0.0% | -0.6% | +1.6% | -2.0% | +0.8% | -0.1% | — |
| Jan 22, 2026 | AMC | 1.65 | 1.70 | +3.0% | 80.54 | +0.0% | -2.8% | +0.4% | +1.1% | +0.0% | +1.2% | — |
| Oct 16, 2025 | AMC | 1.54 | 1.55 | +0.6% | 64.39 | +1.8% | +2.9% | +3.6% | +0.5% | -1.4% | +0.2% | — |
| Jul 17, 2025 | AMC | 1.20 | 1.25 | +4.2% | 65.69 | +3.5% | +5.8% | -1.1% | -0.3% | -0.1% | -2.7% | — |
| Apr 17, 2025 | AMC | 1.17 | 1.06 | -9.4% | 55.84 | -6.6% | -2.2% | +4.3% | +1.4% | +1.0% | -0.5% | — |
| Feb 28, 2025 | AMC | — | 1.18 | — | 68.56 | +0.3% | -0.8% | -4.4% | -0.7% | -1.7% | -0.7% | — |
| Oct 17, 2024 | AMC | 1.06 | 1.01 | -4.7% | 65.09 | -2.9% | -5.4% | +1.3% | -0.3% | +0.9% | +0.1% | — |
| Jul 18, 2024 | AMC | 1.12 | 1.21 | +8.0% | 56.62 | +3.9% | +2.5% | +6.6% | +0.6% | -0.2% | +1.4% | — |
| Apr 18, 2024 | AMC | 1.15 | 1.12 | -2.6% | 49.45 | -3.3% | +2.2% | +0.5% | +2.8% | +1.3% | -1.1% | — |
| Jan 18, 2024 | AMC | 1.24 | 1.26 | +1.6% | 61.03 | +3.2% | -1.3% | +2.6% | -1.8% | -1.4% | -1.5% | — |
| Oct 19, 2023 | AMC | 1.33 | 1.38 | +3.8% | 47.80 | +4.8% | -4.6% | +1.7% | -2.0% | +1.4% | +5.4% | — |
| Jul 20, 2023 | AMC | 1.36 | 1.42 | +4.4% | 53.42 | +3.0% | +4.0% | +5.7% | -1.8% | +5.9% | -1.7% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 15 | Hovde Group | Initiates | Outperform | $95 | $76.92 | $77.16 | +0.3% | -1.1% | +2.1% | -0.2% | +1.9% | -0.3% |
| Apr 20 | Keefe, Bruyette & Woods | Maintains | Outperform → Outperform | — | $77.95 | $77.78 | -0.2% | +1.6% | -2.0% | +0.8% | -0.1% | -0.6% |
| Apr 7 | Barclays | Maintains | Underweight → Underweight | — | $77.76 | $77.69 | -0.1% | +0.3% | +2.7% | +1.4% | -2.0% | +0.9% |
| Feb 2 | Barclays | Downgrade | Equal Weight → Underweight | — | $80.78 | $78.40 | -2.9% | +1.6% | +3.0% | +0.8% | -0.1% | +1.0% |
| Oct 21 | Keefe, Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $68.60 | $69.13 | +0.8% | +0.5% | -1.4% | +0.2% | +1.6% | -1.3% |
| Apr 21 | Piper Sandler | Maintains | Neutral → Neutral | — | $55.84 | $52.15 | -6.6% | -2.2% | +4.3% | +1.4% | +1.0% | -0.5% |
| Apr 21 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $55.84 | $52.15 | -6.6% | -2.2% | +4.3% | +1.4% | +1.0% | -0.5% |
| Jan 21 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $67.04 | $66.85 | -0.3% | +1.7% | -1.2% | -2.2% | +1.1% | +1.3% |
| Jan 21 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $67.04 | $66.85 | -0.3% | +1.7% | -1.2% | -2.2% | +1.1% | +1.3% |
| Dec 12 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $71.39 | $71.32 | -0.1% | +0.3% | -1.1% | +1.2% | -3.1% | -5.4% |
| Dec 4 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $71.58 | $71.83 | +0.3% | +1.1% | -1.3% | +0.5% | -1.5% | -0.1% |
| Oct 21 | Raymond James | Upgrade | Market Perform → Strong Buy | — | $61.57 | $64.53 | +4.8% | +1.3% | -0.3% | +0.9% | +0.1% | -1.5% |
| Oct 21 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $61.57 | $64.53 | +4.8% | +1.3% | -0.3% | +0.9% | +0.1% | -1.5% |
| Jul 22 | Seaport Global | Upgrade | Neutral → Buy | — | $58.05 | $58.87 | +1.4% | +6.6% | +0.6% | -0.2% | +1.4% | +1.8% |
| Apr 22 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $50.56 | $50.38 | -0.4% | +0.5% | +2.8% | +1.3% | -1.1% | +0.7% |
| Jan 22 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $60.22 | $60.55 | +0.5% | +2.6% | -1.8% | -1.4% | -1.5% | +0.6% |
| Oct 23 | Seaport Global | Upgrade | Sell → Neutral | — | $45.61 | $45.21 | -0.9% | +1.7% | -2.0% | +1.4% | +5.4% | -2.6% |
| Apr 25 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $58.24 | $57.74 | -0.9% | -3.7% | -0.5% | -1.4% | +1.8% | -3.8% |
| Apr 6 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $63.68 | $63.80 | +0.2% | +0.3% | -0.7% | -0.4% | -1.6% | +1.4% |
| Dec 21 | Raymond James | Maintains | Market Perform → Perform | — | $83.59 | $84.41 | +1.0% | +1.3% | -0.3% | +0.5% | +0.5% | -0.9% |
| Dec 13 | Keefe, Bruyette & Woods | Downgrade | Outperform → Market Perform | — | $89.02 | $88.35 | -0.8% | -4.6% | -1.4% | -2.0% | -0.0% | +1.2% |
| Oct 25 | Piper Sandler | Downgrade | Overweight → Neutral | — | $84.83 | $81.92 | -3.4% | -1.4% | -1.3% | -1.7% | +3.7% | +0.3% |
| Apr 26 | Seaport Global | Upgrade | Neutral → Buy | — | $81.43 | $83.24 | +2.2% | +2.0% | +1.0% | +0.3% | -1.3% | -1.4% |
| Dec 17 | Seaport Global | Maintains | Neutral → Neutral | — | $76.16 | $74.19 | -2.6% | -2.2% | -0.1% | -1.8% | -2.0% | +3.6% |
| Sep 28 | Piper Sandler | Maintains | Neutral → Neutral | — | $50.12 | $50.69 | +1.1% | +0.4% | +0.6% | +3.5% | -0.4% | +1.4% |
| Jun 24 | Piper Sandler | Downgrade | Overweight → Neutral | — | $66.76 | $63.18 | -5.4% | -6.1% | +2.9% | -4.6% | +4.8% | +4.0% |
| Jun 8 | DA Davidson | Downgrade | Buy → Neutral | — | $77.15 | $75.84 | -1.7% | -1.1% | -1.5% | -4.9% | -10.5% | +2.8% |
| Mar 4 | Compass Point | Downgrade | Buy → Neutral | — | $69.57 | $68.51 | -1.5% | -0.2% | -2.5% | -4.6% | -9.7% | +5.8% |
| Jul 19 | Compass Point | Upgrade | Neutral → Buy | — | $73.32 | $74.15 | +1.1% | +1.0% | +0.6% | -0.8% | +2.6% | +0.3% |
| Jul 12 | DA Davidson | Maintains | Neutral → Neutral | — | $74.32 | $74.07 | -0.3% | -1.3% | -1.5% | +0.6% | +0.0% | +0.9% |
| Jul 11 | DA Davidson | Maintains | Neutral → Neutral | — | $73.91 | $73.92 | +0.0% | +0.6% | -1.3% | -1.5% | +0.6% | +0.0% |
| Apr 3 | Piper Sandler | Upgrade | Hold → Buy | — | $83.24 | $84.00 | +0.9% | +2.0% | +0.6% | +0.2% | +0.5% | -1.5% |
| Apr 3 | Sandler O'Neill | Upgrade | Hold → Buy | — | $83.24 | $84.00 | +0.9% | +2.0% | +0.6% | +0.2% | +0.5% | -1.5% |
| Jan 9 | Compass Point | Downgrade | Buy → Neutral | — | $75.39 | $75.00 | -0.5% | -4.4% | -0.8% | +0.4% | -0.4% | +1.0% |
| Jul 23 | Keefe, Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $88.15 | $90.55 | +2.7% | +2.8% | -0.6% | -0.3% | +0.4% | -1.1% |
| Jul 23 | Keefe Bruyette & Woods | Upgrade | Market Perform → Outperform | — | $88.15 | $90.55 | +2.7% | +2.8% | -0.6% | -0.3% | +0.4% | -1.1% |
| May 31 | Piper Sandler | Maintains | Neutral → Neutral | — | $78.20 | $78.30 | +0.1% | +0.2% | +1.7% | +1.3% | +1.0% | +1.7% |
| Oct 11 | Compass Point | Downgrade | Buy → Neutral | — | $76.15 | $72.55 | -4.7% | -3.3% | +0.2% | -0.4% | +1.0% | -0.9% |
| Jul 21 | Compass Point | Upgrade | Neutral → Buy | — | $66.35 | $69.35 | +4.5% | +7.5% | -0.2% | +1.7% | -0.9% | -0.2% |
| May 15 | Piper Sandler | Maintains | Neutral → Neutral | — | $63.45 | $64.95 | +2.4% | +2.1% | -0.2% | -6.0% | +2.1% | -1.4% |
| Mar 29 | Compass Point | Upgrade | Sell → Neutral | — | $61.95 | $62.30 | +0.6% | +1.5% | +5.0% | -1.6% | -2.2% | +0.0% |
| Sep 20 | Compass Point | Downgrade | Neutral → Sell | — | $53.04 | $52.19 | -1.6% | -0.9% | +0.7% | +1.4% | -0.2% | -1.9% |
| Aug 31 | Piper Sandler | Downgrade | Hold → Sell | — | $53.91 | $53.39 | -1.0% | -1.7% | -0.0% | +0.7% | -0.9% | +0.3% |
| Aug 31 | Sandler O'Neill | Downgrade | Hold → Sell | — | $53.91 | $53.39 | -1.0% | -1.7% | -0.0% | +0.7% | -0.9% | +0.3% |
| Apr 22 | Compass Point | Downgrade | Buy → Neutral | — | $47.38 | $44.64 | -5.8% | +1.3% | -1.1% | +0.9% | -0.9% | -0.8% |
| Mar 10 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $45.47 | $45.74 | +0.6% | +1.0% | +2.3% | -1.0% | -1.1% | -0.8% |
| Mar 10 | Keefe Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $45.47 | $45.74 | +0.6% | +1.0% | +2.3% | -1.0% | -1.1% | -0.8% |
| Jan 22 | Compass Point | Upgrade | Neutral → Buy | — | $41.35 | $48.15 | +16.4% | +7.2% | -3.2% | +1.5% | +0.4% | +1.3% |
| Jul 21 | Macquarie | Maintains | Neutral → Neutral | — | $49.90 | $50.04 | +0.3% | -0.9% | +0.1% | -1.8% | -0.9% | -0.4% |
| Jul 20 | Keefe, Bruyette & Woods | Maintains | Market Perform → Market Perform | — | $49.42 | $49.42 | +0.0% | +1.0% | -0.9% | +0.1% | -1.8% | -0.9% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 18, 2026 | LERNER JOSEPH CDir | — | Sell | 2,832 | $77.31 | $219K | 16,215 | +2.02% | -0.15% |
8-K · 8.01
!! High
Community Bancorp -- 8-K 8.01: Material Event / Announcement
Jun 18
8-K · 8.01
!! High
Independent Bank Corporation -- 8-K 8.01: Material Event / Announcement
Jun 12
8-K · 8.01
!! High
Orange County Bancorp, Inc. -- 8-K 8.01: Material Event / Announcement
May 22
8-K
Independent Bank Corp. -- 8-K Filing
I don't have sufficient information to analyze this filing, as the summary appears to contain only formatting code rather than actual filing details. Please provide the substantive summary of Independent Bank Corp.'s 8-K filing.
May 14
8-K · 2.02
!! High
International Bancshares Corporation -- 8-K 2.02: Earnings Results
International Bancshares Corporation reported Q1 2026 earnings, providing investors with updated financial performance and operational metrics for assessing the bank's profitability and strategic trajectory.
May 7
S-4
!!! Very High
Independent Bank Corporation -- Merger Registration
Independent Bank Corporation's proposed merger with Independent Bank Corp (INDB) will proceed through a public securities offering pending regulatory approval and satisfaction of merger conditions.
May 1
8-K · 8.01
!! High
Independent Bank Corp. -- 8-K 8.01: Material Event / Announcement
Independent Bank Corp. authorized a $200 million stock repurchase program starting April 2026, signaling management confidence and providing potential upside through reduced share count.
May 1
8-K
Independent Bank Corp. -- 8-K Filing
Independent Bank Corp. (IBCP) increased first-quarter 2026 earnings to $0.81 per share from $0.74 year-over-year, demonstrating solid profitability growth and operational performance.
Apr 23
8-K · 7.01
! Medium
Independent Bank Corp. -- 8-K 7.01: Regulation FD Disclosure
Independent Bank Corporation disclosed its 2026 shareholder presentation at its annual meeting, providing investors with updated corporate information and strategic guidance through regulatory disclosure.
Apr 21
8-K · 7.01
! Medium
USCB Financial Holdings, Inc. -- 8-K 7.01: Regulation FD Disclosure
USCB Financial Holdings declared a quarterly dividend of $0.125 per share payable June 5, 2026, signaling confidence in earnings stability and commitment to returning capital to shareholders.
Apr 20
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
INDB's Q1 2026 earnings press release disclosure suggests positive operational performance worth monitoring, though the incomplete filing prevents definitive assessment of profitability, loan growth, or asset quality metrics crucial for regional bank valuations.
Apr 16
8-K · 5.02
!!! Very High
Unknown — 8-K 5.02: Executive Change
The departure of an executive at Independent Bank Corp (INDB) could signal internal leadership instability or strategic shifts that warrant monitoring for potential impacts on operational continuity and investor confidence.
Apr 13
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Independent Bank's 8.5% dividend increase signals strong profitability and confidence in future earnings, making INDB attractive for income-focused investors seeking reliable capital returns.
Mar 19
8-K · 5.02
!!! Very High
Unknown — 8-K 5.02: Executive Change
Islamorada Bancorp's executive departure signals potential leadership uncertainty that could impact strategic direction and investor confidence in management stability.
Mar 13
8-K · 7.01
! Medium
Independent Bank Corp/MA -- 8-K 7.01: Regulation FD Disclosure
Independent Bank disclosed material information via Regulation FD, suggesting investors should monitor official statements for guidance that could affect earnings expectations and stock valuation across its regional banking operations.
Mar 9
8-K · 8.01
!! High
Independent Bank Corp/MA -- 8-K 8.01: Material Event / Announcement
Independent Bank Corp's CEO disclosed a personal medical condition to employees and colleagues, though specific details and operational implications remain unclear without reviewing the attached letter.
Mar 4
8-K · 7.01
! Medium
Independent Bank Corp/MA -- 8-K 7.01: Regulation FD Disclosure
Independent Bank disclosed material information via Regulation FD, signaling potential news about earnings, strategy, or financial condition that could immediately impact stock valuation and investor positioning.
Feb 11
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 3,305,113 | $249M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 2,200,845 | $166M | New | Mar 2026 |
| 3 | Rockland Trust Co | 1,470,438 | $111M | Added | Mar 2026 |
| 4 | Morgan Stanley | 1,324,864 | $97M | Added | Dec 2025 |
| 5 | Deprince Race & Zollo Inc | 1,036,188 | $78M | Reduced | Mar 2026 |
| 6 | Citadel Advisors Llc | 985,437 | $74M | Added | Mar 2026 |
| 7 | Channing Capital Management, Llc | 939,667 | $71M | New | Mar 2026 |
| 8 | Reinhart Partners, Llc. | 649,296 | $49M | Added | Mar 2026 |
| 9 | Bank Of America Corp /de/ | 592,665 | $45M | Added | Mar 2026 |
| 10 | Bnp Paribas Asset Management Holding S.a. | 534,953 | $40M | Added | Mar 2026 |
| 11 | Northern Trust Corp | 533,519 | $40M | Added | Mar 2026 |
| 12 | Bank Of New York Mellon Corp | 489,649 | $37M | — | Mar 2026 |
| 13 | First Trust Advisors Lp | 377,302 | $28M | Added | Mar 2026 |
| 14 | Leeward Investments, Llc - Ma | 266,073 | $20M | Reduced | Mar 2026 |
| 15 | Principal Financial Group Inc | 236,318 | $17M | Reduced | Dec 2025 |
| 16 | Russell Investments Group, Ltd. | 221,485 | $17M | Added | Mar 2026 |
| 17 | Victory Capital Management Inc | 208,449 | $16M | Reduced | Mar 2026 |
| 18 | Bridgewater Associates, Lp | 205,297 | $15M | Reduced | Mar 2026 |
| 19 | Qube Research & Technologies Ltd | 178,611 | $13M | Added | Mar 2026 |
| 20 | Sg Americas Securities, Llc | 178,170 | $13M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$4.01B
Enterprise Value
$4.20B
P/E (TTM)
18.21x
Forward P/E
11.13x
PEG Ratio
-11.38x
P/B
1.12x
P/S
3.44x
P/FCF
16.74x
EV/EBITDA
13.72x
Shares Out
49.5M
Financials (TTM)
Revenue
$1.17B
Net Income
$205.1M
EBITDA
$306.2M
Free Cash Flow
$239.5M
Op Cash Flow
$251.2M
EPS Basic
$4.45
EPS Diluted
$4.45
EPS Forward
$7.28
Gross Margin
67.9%
Op Margin
22.9%
Net Margin
17.6%
Balance Sheet
Total Assets
$24.91B
Total Liab.
$21.35B
Total Equity
$3.57B
Cash
$234.5M
LT Debt
$425.8M
Book Value/Sh
$72.10
Debt/Equity
0.25x
Current Ratio
0.55
Quick Ratio
0.55
Returns & Growth
ROE
5.8%
ROA
0.8%
ROIC
0.8%
Rev Growth YoY
+19.8%
EPS Growth YoY
-1.6%
Price Returns
2W
+2.8%
1M
+1.4%
3M
+1.3%
6M
+9.8%
12M
+28.6%
Technicals
52W High
$86.01
52W Low
$61.06
50d MA
$78.87
200d MA
$75.36
RSI (14)
56.50
ATR (14)
$1.67
Beta
0.81
Avg Volume
342K
Dividends
Div Rate
$2.10
Div Yield
2.7%
Frequency
4
Ex-Div Date
Mar 30, 2026
Analyst Price Targets
Consensus
$88.33
High
$97.00
Low
$80.00
Median
$88.00
Data updated apr 25, 2026 3:31pm
· Source: financialmodelingprep.com