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Independent Bank Corp.

INDBNASDAQFinancialsBanks - Regional

$77.16
Today:- (-)1Y +13.79%

As of Oct 12, 2026 close

Market cap
$3.71B
P/E (TTM)
13.67
Forward P/E
9.70
Dividend yield
3.25%
52-week range
$63.33$87.50
Volume (live)
-
Avg. volume (3M)
398.63K

Independent Bank (INDB) Stock Price & Financial Analysis

Independent Bank Stock Price Chart

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Financial Metrics & Key Statistics

Fundamental metrics, valuation ratios, and profitability indicators

Price & Trading Activity
Day's Range$76.52 - $77.43
52-Week High$87.50
52-Week Low$63.33
Open$77.12
Volume (last close)413.36K
Average Volume (3M)398.63K
Size & Valuation
Market Cap3.71B
Shares Outstanding48.08M
P/E Ratio (TTM)13.67
Forward P/E9.70
Price to Sales (P/S)3.44
Price to Book (P/B)1.06
EV/EBITDA20.41
Earnings & Profitability
Revenue (TTM)1.08B
Net Income (TTM)271.35M
Free Cash Flow (TTM)303.80M
EPS (TTM)$5.52
Profit Margin25.20%
Operating Margin26.38%
Return on Equity (ROE)7.73%
Debt to Equity0.20
Technical Indicators
50-Day MA$82.11
200-Day MA$80.19
1-Year Change+13.79%
Dividend Information
Annual Dividend$2.51
Dividend Yield3.25%
Payout Ratio45.44%
Last Dividend Ex-DateSep 28, 2026

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Independent Bank at a Glance

Independent Bank (INDB) has a market capitalization of $3.71B. The stock trades at 13.7× trailing earnings, 9.7× forward earnings and 3.4× sales. Over the trailing twelve months it earned $271.35M on revenue of $1.08B (a 25.2% profit margin) and generated $303.80M of free cash flow. Revenue grew 28.6% year over year.

It holds $251.97M in cash and securities against $701.47M of debt, a net debt position of $449.49M.

Independent Bank pays a quarterly dividend totaling $2.51 per share a year, a 3.25% yield, with a 45% payout ratio and 15 consecutive years of dividend increases.

The share price is up 13.8% over the past year. At $77.16 it sits within its 52-week range of $63.33 to $87.50, below its 200-day moving average of $80.19.

Based on 4 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $91.25, 18.3% above the latest close.

Frequently Asked Questions About Independent Bank

What is the current stock price for INDB?

As of the Oct 9, 2026 close, INDB stock trades at $77.02. The 52-week range is $63.33–$87.50, with a day range of $76.52–$77.43.

What is the P/E ratio for INDB?

Independent Bank's trailing P/E ratio is 13.7, meaning investors pay $13.7 for every $1 of annual earnings. The forward P/E is 9.7, reflecting analyst expectations for future earnings. Independent Bank operates in the Financials sector.

Does INDB pay dividends?

Yes, Independent Bank pays a 3.25% annual dividend yield ($2.51 per share). The payout ratio is 45.4%. The last ex-dividend date was 2026-09-28.

What do analysts recommend for INDB?

Based on 4 analysts, the consensus for INDB is Buy.

What is the market cap of INDB?

Independent Bank's market capitalization is $3.70B, classifying it as a mid-cap company. Independent Bank operates in the Financials sector within the Banks - Regional industry.