Independent Bank Corp.
INDBNASDAQFinancialsBanks - Regional
As of Oct 16, 2026 close
- Market cap
- $3.71B
- P/E (TTM)
- 13.66
- Forward P/E
- 9.69
- Dividend yield
- 3.26%
- 52-week range
- $63.33$87.50
- Volume (live)
- -
- Avg. volume (3M)
- 446.17K
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
| Day's Range | $78.06 - $81.21 |
|---|---|
| 52-Week High | $87.50 |
| 52-Week Low | $63.33 |
| Open | $78.28 |
| Volume (last close) | 770.39K |
| Average Volume (3M) | 446.17K |
| Revenue (TTM) | 1.08B |
|---|---|
| Net Income (TTM) | 271.35M |
| Free Cash Flow (TTM) | 303.80M |
| EPS (TTM) | $5.52 |
| Profit Margin | 25.20% |
| Operating Margin | 26.38% |
| Return on Equity (ROE) | 7.73% |
| Debt to Equity | 0.20 |
| Annual Dividend | $2.51 |
|---|---|
| Dividend Yield | 3.26% |
| Payout Ratio | 45.44% |
| Last Dividend Ex-Date | Sep 28, 2026 |
| Market Cap | 3.71B |
|---|---|
| Shares Outstanding | 48.08M |
| P/E Ratio (TTM) | 13.66 |
| Forward P/E | 9.69 |
| Price to Sales (P/S) | 3.44 |
| Price to Book (P/B) | 1.06 |
| EV/EBITDA | 20.39 |
| 50-Day MA | $81.75 |
|---|---|
| 200-Day MA | $80.20 |
| 1-Year Change | +16.38% |
Source: Market prices and company fundamentals. Data as of Oct 16, 2026. Data sources and methodology
Independent Bank at a Glance
As of the Oct 16, 2026 close, 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.
As of its latest reported balance sheet, 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 3.26% yield at the Oct 16, 2026 close, with a 45% payout ratio and 15 consecutive years of dividend increases.
The share price is up 16.4% over the past year. At $79.88 (the Oct 16, 2026 close) it sits within its 52-week range of $63.33 to $87.50, below its 200-day moving average of $80.20.
Based on 3 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $91.67, 14.8% above the Oct 16, 2026 close.
Frequently Asked Questions About Independent Bank
What is the current stock price for INDB?
As of the Oct 16, 2026 close, INDB stock trades at $79.88. The 52-week range is $63.33–$87.50, with a day range of $78.06–$81.21.
What is the P/E ratio for INDB?
As of the Oct 16, 2026 close, Independent Bank's trailing twelve-month (TTM) 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 3.26% annual dividend yield as of the Oct 16, 2026 close ($2.51 per share a year). The trailing twelve-month payout ratio is 45.4%. The most recent ex-dividend date was September 28, 2026.
What do analysts recommend for INDB?
Based on ratings from 3 professional analysts over the last 90 days, the consensus for INDB is Buy. The average 12-month price target is $91.67, a 14.8% upside from the Oct 16, 2026 close of $79.88.
What is the market cap of INDB?
As of the Oct 16, 2026 close, Independent Bank's market capitalization is $3.84B, classifying it as a mid-cap company. Independent Bank operates in the Financials sector within the Banks - Regional industry.