Independent Bank (INDB)

Independent Bank Corp. is a bank holding company for Rockland Trust Company and its common stock is listed on NASDAQ under the symbol INDB. Through its banking subsidiary, the company serves individuals and small to medium-sized businesses in the United States with a range of deposit products, including checking, money market, savings, demand deposit, and certificate of deposit accounts. Its lending activities cover commercial real estate, construction, commercial and industrial, small business, consumer real estate, residential mortgage, and home equity financing, along with credit lines, overdraft protection, and letters of credit. The company also provides cash management, investment management, trust, advisory, insurance-related, and other financial services, and it invests in low-income housing tax credit projects. Founded in 1907, Independent Bank is headquartered in Rockland, Massachusetts.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-INDB
$84.71
4.3% Upside
Fair
$93.43
15.1% Upside
Fair
Fair
September 28, 2026
October 9, 2026
3.2%
October 15, 2026
14.2x
1.1x
4.1x
3.846 B
16.6%
98.7%
-1.7
42.3%
112.0%
Valuation • Fair Value

Independent Bank (NASDAQ-INDB) Fair Value by Valuation Model

Review the available estimates for Independent Bank (NASDAQ-INDB), including Ben Graham Formula Value, DDM Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$84.71

Estimated upside of 4.3% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

Ben Graham Formula Value

$63.56

Classic Ben Graham valuation formula reference.

DDM Fair Value

$85.55

Dividend discount model valuation reference.

Comps Fair Value

$84.16

Comparable-company valuation reference.

Analyst Price Target

$93.43

Analysts imply upside of 15.1%.

How to read these valuation models

Use the 6 available valuation references for Independent Bank (NASDAQ-INDB) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Independent Bank (NASDAQ-INDB)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

948.7 M

Current operating scale indicator.

Revenue Forecast

1.033 B

Forward revenue estimate.

EBITDA

0 K

Current operating profitability reference.

How to read profitability and growth

This section helps investors review Independent Bank (NASDAQ-INDB) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Independent Bank (NASDAQ-INDB)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

6

Mid-range quality score.

Altman Z-Score

-1.7

Lower score that deserves closer risk review.

FCF / Net Income

112.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Independent Bank (NASDAQ-INDB). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Independent Bank (NASDAQ-INDB)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 15, 2026

Days to Earnings

19

Dividend Payment Date

October 9, 2026

Ex-Dividend Date

September 28, 2026

Dividend Yield

3.2%

Current income yield reference.

Payout Ratio

42.3%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Independent Bank (NASDAQ-INDB), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Independent Bank (NASDAQ-INDB) Stock Forecast & Technical Outlook

Review Independent Bank (NASDAQ-INDB) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for Independent Bank (NASDAQ-INDB) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Neutral

The 1-hour technical read for Independent Bank (NASDAQ-INDB) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Independent Bank (NASDAQ-INDB) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for Independent Bank (NASDAQ-INDB) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Independent Bank (NASDAQ-INDB) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Independent Bank (NASDAQ-INDB)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Independent Bank (NASDAQ-INDB) has a Strong Buy consensus, with 4 buy, 1 hold and 0 sell recommendations in the current data set.

Buy 4
Hold 1
Sell 0
FAQ • Fast Investor Answers

Independent Bank (NASDAQ-INDB) Stock FAQ

Data-supported answers about Independent Bank (NASDAQ-INDB), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$84.71
Estimated upside 4.3%
Valuation Rating
Undervalued
Estimated upside of 4.3%
Analyst Target
$93.43
Implied upside 15.1%
Financial Health
Fair
Current financial-health read

The current fair value estimate for Independent Bank (NASDAQ-INDB) is $84.71. This implies an estimated upside of 4.3% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 4.3% versus the current market price.

The available analyst price target for Independent Bank (NASDAQ-INDB) is $93.43. The analyst target implies estimated upside of 15.1%.

The current financial health read for Independent Bank (NASDAQ-INDB) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Independent Bank (NASDAQ-INDB) is October 15, 2026.

Based on the current data, dividend yield is 3.2%, ex-dividend date is September 28, 2026, payment date is October 9, 2026.

The current P/E ratio listed for Independent Bank (NASDAQ-INDB) is 14.2x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Independent Bank is 3.846 B.

The ticker symbol for Independent Bank is NASDAQ-INDB, and the stock is listed on NASDAQ.

Independent Bank (NASDAQ-INDB) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Independent Bank is 16.6%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Independent Bank is 98.7%. Free float helps investors understand how much of the share base is available for public trading.