INDB logo

INDEPENDENT BANK CORP/MA

INDBNASDAQ
πŸ† #1429 by market capEarnings Oct 14US Equity
$85.51β–² $0.72 (+0.84%)
Live
1hβ–² 0.2%
24hβ–² 0.8%
7dβ–Ό 0.2%
14dβ–² 0.9%
30dβ–² 2.5%
1yβ–² 27.7%
🏦Market Cap
$4.13B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+19.8%
Healthy
πŸ“ŠGross Margin
70.4%
High
πŸ’΅FCF Margin
33.8%
Strong
βš–οΈP/S Ratio
3.3x
Fair
Otter Score
62
Fair

Trading Snapshot

Day Range
$84.65 – $86.59
52-Week Range
$63.25 – $87.50
Volume
$3.46B
Avg Volume
$3.78B
Shares Outstanding
48.2M
Next Earnings
Oct 26, 2026

Fundamentals Snapshot

Annual Revenue
$1.17B
Last Q Revenue
$289M
P/E Ratio
15.3
P/S Ratio
3.3x
EPS (TTM)
$5.65
Dividend Yield
2.90%

Why Investors Own INDB

  • βœ“High-growth profile β€” revenue up +59.3% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 67% gross margin and 24% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$1.17Bβ–² +60.5% YoY
Gross Margin (TTM)
66.6%β–² +1.0% YoY
Operating Income (TTM)
$151Mβ–² +60.5% YoY
Free Cash Flow (TTM)
$279Mβ–² +60.5% YoY

About INDEPENDENT BANK CORP/MA

Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
62/100

Analyst Ratings

β“˜
Consensus
Buy
13 analysts
Strong Buy4
Buy6
Hold2
Sell1
Strong Sell0
Ratings as of Aug 2026

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