Price History

Hover for the daily close. The dotted line marks the period open.

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INDB Key Statistics

As of Sep 4, 2026

Trading

Open: $82.50
Previous Close: $82.88
Day's Range: 82.50–84.02
52-Week Range: 63.33–87.50
Volume: 217.10K
Beta: 0.78

Valuation

Market Cap: $3.97B
P/E Ratio: 15.17
Forward P/E: 10.09
PEG Ratio: 11.00
P/S ratio: 4.19
EPS (ttm): 5.53

Financials (FY)

Revenue (FY): $849.03M+24.29%
Net Income (FY): $205.12M+6.79%
Profit margin: 28.60%
Shares Outstanding: 47.37M
1-Year Return: +20.29%

Dividend and dates

Dividend: $2.56+3.09%
Ex-Dividend Date: June 29, 2026
Earnings Date: October 22, 2026estimated
Avg Volume: 362.79K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

INDB Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+39.33%−18.86%+16.69%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+16.69%
2025	+17.89%
2024	+1.60%
2023	−18.86%
2022	+6.25%
2021	+14.36%
2020	−9.62%
2019	+21.11%
2018	+2.71%
2017	+1.51%
2016 (partial year)	+39.33%

As of September 4, 2026.

INDB Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$849.03M	$205.12M	24.2%
2024	$683.11M	$192.08M	28.1%
2023	$722.13M	$239.50M	33.2%
2022	$720.25M	$263.81M	36.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$849.03M	—	—	$205.12M	24.2%
2024	$683.11M	—	—	$192.08M	28.1%
2023	$722.13M	—	—	$239.50M	33.2%
2022	$720.25M	—	—	$263.81M	36.6%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

INDB Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$2.36+3.5% vs 2024

Dividends per share, 2025 · 4 payments

Year	Dividends per share	Payments	Change
2026*	$1.28	2	—
2025	$2.36	4	+3.5%
2024	$2.28	4	+3.6%
2023	$2.20	4	+5.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.28	2	—
2025	$2.36	4	+3.5%
2024	$2.28	4	+3.6%
2023	$2.20	4	+5.8%
2022	$2.08	4	+8.3%
2021	$1.92	4	+4.3%
2020	$1.84	4	+4.5%
2019	$1.76	4	+15.8%
2018	$1.52	4	−5.0%
2017	$1.60	5	+175.9%
2016	$0.58	2	—

Most recent payment: $0.64 per share, ex-dividend June 29, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

INDB Valuation vs Banks - Regional Median

Median of 380 stocks

Metric	INDB	Banks - Regional median	vs median
P/E	15.17	12.62	20% above
P/S ratio	4.19	3.77	11% above
Profit margin	28.60%	29.15%	0.5 pts below

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

Independent Bank Corp (NASDAQ:INDB) Passes Mark Minervini’s Trend and Growth Screen
ChartMill2026-08-06

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Independent Bank Corp. (INDB) carries a market capitalisation of $3.97B. It is classified in the Banks - Regional industry, within the Financial Services sector. Headcount on file is 2,294.

Over the past 52 weeks the price has ranged from $63.33 to $87.50. The most recent close on file for INDB is $83.90, dated September 4, 2026. That is +$1.02 (+1.23%) against the previous close. The latest close sits 32.48% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $849.03M. That is +24.29% against the prior fiscal year, when revenue was $683.11M. Net income for the same year was $205.12M. That is +6.79% against the prior fiscal year. Profit margin runs at 28.6%. That is 0.5 percentage points below the Banks - Regional median of 29.15%. Earnings per share on a trailing basis come to 5.53.

Across the 4 fiscal years on file, revenue moves from $720.25M in 2022 to $849.03M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 15.17. That is 20.21% above the Banks - Regional median of 12.62. The forward P/E on file is 10.09. The PEG ratio, which sets the P/E against expected earnings growth, reads 11. Measured against sales, the shares trade at 4.19 times revenue. On price-to-sales that is 11.09% above the Banks - Regional median of 3.77. The medians here are taken across 380 Banks - Regional companies that report the metric.

Beta against the wider market is reported at 0.78. Daily returns over the trailing 10 years annualize to a volatility of 33.05%. Over the trailing twelve months the price has returned +20.29%. Across 10 years the annualized return works out at +7.69%.

Growth & Income

The trailing dividend yield is 3.09%. That is 0.4 percentage points above the Banks - Regional median yield of 2.7%. At the indicated rate that is $2.56 a share a year. The ex-dividend date on file is June 29, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $1.28 a share. The year before, 2025, totalled $2.36 a share.

2026 is still running; the price is +16.69% year to date. The strongest complete calendar year on file is 2019 at +21.11%; the weakest is 2023 at −18.86%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Independent Bank Corp. (INDB) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Independent Bank Corp.	INDB	$3.97B	15.2
Mizuho Financial Group, Inc.	MFG	$135.92B	16.0
HDFC Bank Limited	HDB	$119.10B	16.0
ICICI Bank Limited	IBN	$108.74B	18.7

The Banks - Regional industry average P/E ratio is 12.6x. Independent Bank Corp. trades at a P/E of 15.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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USB

U.S. Bancorp

$98.73B

PNC

The PNC Financial Services Group, Inc.

$97.98B

ITUB

Itaú Unibanco Holding S.A.

$89.83B

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About Independent Bank Corp.

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 in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

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Independent Bank Corp. (INDB) Stock Analysis