Independent Bank/$INDB
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Independent Bank
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
- Ticker
- $INDB
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 2,294
- Headquarters
- Rockland, United States
- Website
- www.rocklandtrust.com
Independent Bank Metrics
BasicAdvanced
$3.9B
12.41
$6.74
0.80
$2.51
3.06%
Price and volume
Market cap
$3.9B
Beta
0.8
52-week high
$87.50
52-week low
$65.45
Average daily volume
479K
Dividend rate
$2.51
Financial strength
Profitability
Net profit margin (TTM)
32.72%
Operating margin (TTM)
47.89%
Effective tax rate (TTM)
22.72%
Revenue per employee (TTM)
$440,000
Management effectiveness
Return on assets (TTM)
1.31%
Return on equity (TTM)
9.34%
Valuation
Price to earnings (TTM)
12.411
Price to revenue (TTM)
4.059
Price to book
1.14
Price to tangible book (TTM)
1.75
Dividend yield (TTM)
3.00%
Forward dividend yield
3.06%
Growth
Revenue change (TTM)
40.25%
Earnings per share change (TTM)
66.62%
3-year revenue growth (CAGR)
11.11%
3-year earnings per share growth (CAGR)
4.84%
10-year earnings per share growth (CAGR)
8.45%
3-year dividend per share growth (CAGR)
4.49%
10-year dividend per share growth (CAGR)
8.31%
What the Analysts think about Independent Bank
Analyst ratings (Buy, Hold, Sell) for Independent Bank stock.
Analyst projections of the future price of Independent Bank stock.
Bulls say / Bears say
Independent Bank posted record third-quarter net income of $89.7 million and diluted earnings of $1.90 per share, up 12% on the prior quarter and ahead of forecasts. Net interest income also rose 4.6% sequentially, signalling stronger recent earnings momentum. (Business Wire)
The franchise grew on both sides of the balance sheet: core deposits rose $232.4 million and loans increased $158.2 million in the quarter. This gives Rockland Trust more funding and lending capacity for further growth. (Business Wire)
Management expects fourth-quarter net interest margin to edge above 3.9% and sees a path to 4% by the end of 2027, supported by repricing of existing assets and higher securities yields. If achieved, that could lift future interest income. (Investing.com)
Credit indicators worsened in the third quarter: non-performing loans rose to 0.68% of loans from 0.56%, while delinquencies increased to 0.73% from 0.43%. The rise was driven mainly by an office property loan, highlighting exposure to commercial real estate stress. (MarketScreener)
The reported margin gain overstates the improvement in core profitability: the adjusted margin stayed flat at 3.76%, while the cost of deposits rose six basis points. Continued funding competition could limit further margin expansion. (Benzinga)
Commercial real estate and construction lending contracted by $89.6 million in the second quarter as pay-offs and amortisation outweighed new lending. Management’s full-year outlook allowed for a further low-single-digit decline, which could restrain loan growth. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 16 Oct 2026.
Independent Bank Financial Performance
Revenues and expenses
Independent Bank Earnings Performance
Company profitability
Upcoming events
No upcoming events
Independent Bank News
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Funds containing Independent Bank
AllUSDEURGBP
Fund name | Fund size | $INDB weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.22% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.22% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.13% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.13% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.11% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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