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Ticker
INDB

Price
69.86
Stock movement up
+2.95 (4.41%)
Company name
Independent Bank
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Financial Services >
Banks - Regional
Market cap
3.46B
Ent value
24.71B
Price/Sales
2.20
Price/Book
0.98
Div yield
3.38%
Div growth
-0.57%
Growth years
10
FCF payout
-
Trailing P/E
12.58
Forward P/E
9.66
PEG
5.03
EPS growth
-2.11%
1 year return
-1.31%
3 year return
-
5 year return
-
10 year return
-
Last updated: 2025-11-21

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.36
Dividend yield3.38%
Payout frequencyQuarterly
Maximum yield4.25%
Average yield3.52%
Minimum yield3.04%
Discount to avg yield-4.32%
Upside potential-4.14%
Yield as % of max yield79.45%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.38%
Current yield distribution72.69%
Yield at 100% (Min)3.04%
Yield at 90%3.24%
Yield at 80%3.34%
Yield at 50% (Median)3.52%
Yield at 20%3.69%
Yield at 10%3.78%
Yield at 0% (Max)4.25%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share2.36
Payout frequencyQuarterly
Ex-div date29 Sep 2025
EPS (TTM)-
EPS (1y forward)7.23
EPS growth (5y)-2.11%
EPS growth (5y forward)2.50%

Dividend growth

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Dividend growth data
INDBS&P500
DGR MR3.51%-13.74%
DGR TTM4.50%6.60%
DGR 3 years-3.79%7.31%
DGR 5 years-0.57%4.69%
DGR 10 years5.94%6.30%
DGR 15 years5.94%8.16%
Time since last change announced157 days
EPS growth (5y)-2.11%
EPS growth (5y forward)2.50%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM--
Average--
Forward32.64%-

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iO Charts is a Seeking Alpha partner

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E12.58
Price to OCF16.10
Price to FCF17.65
Price to EBITDA16.13
EV to EBITDA115.05

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.20
Price to Book0.98
EV to Sales15.70

FINANCIALS

Per share

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Per share data
Current share count49.58M
EPS (TTM)-
FCF per share (TTM)-

Income statement

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Income statement data
Revenue (TTM)-
Gross profit (TTM)-
Operating income (TTM)-
Net income (TTM)-
EPS (TTM)-
EPS (1y forward)7.23

Margins

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Margins data
Gross margin (TTM)-
Operating margin (TTM)-
Profit margin (TTM)-

Balance Sheet

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Balance Sheet data
Cash203.39M
Net receivables0.00
Total current assets203.39M
Goodwill1.08B
Intangible assets141.73M
Property, plant and equipment0.00
Total assets24.99B
Accounts payable0.00
Short/Current long term debt775.38M
Total current liabilities0.00
Total liabilities21.45B
Shareholder's equity3.55B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)-
Capital expenditures (TTM)-
Free cash flow (TTM)-
Dividends paid (TTM)-

Financial returns

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Financial returns data
Return on Equity-
Return on Assets-
Return on Invested Capital-
Cash Return on Invested Capital-

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STOCK INFORMATION

Stock chart

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Stock price data
Open67.14
Daily high70.55
Daily low67.00
Daily Volume316K
All-time high98.62
1y analyst estimate82.75
Beta0.83
EPS (TTM)-
Dividend per share2.36
Ex-div date29 Sep 2025
Next earnings date-

Downside potential

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Downside potential data
INDBS&P500
Current price drop from All-time high-29.16%-4.13%
Highest price drop-45.63%-19.00%
Date of highest drop11 Apr 20258 Apr 2025
Avg drop from high-33.17%-2.73%
Avg time to new high-6 days
Max time to new high282 days89 days
COMPANY DETAILS
INDB (Independent Bank) company logo
Marketcap
3.46B
Marketcap category
Mid-cap
Description
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. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It 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, the company 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; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; 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, it 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.
Employees
1837
Investor relations
SEC filings
CEO
Country
USA
City
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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