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Independent Bank Corp.

INDB

Last
$77.02
Day
-0.1%
1y
+12.1%
5y
-2.7%
52w
-11.9%
SPY YTD
+13.3%
XLF
-1.3%
Earnings
2026-10-155d
EMA 21
79.83
EMA 50
81.27
EMA 200
79.29
20d high
-8.6%
5y high
-17.5%
5y range
67th
Website · 2,294 employees · United States

Positions held

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Score
-16
Hold
avoid
Signal
Strong Sell
Target
$80.16
Stop
$74.59
Stop distance
3.2%
Target vs last
+4.1%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Independent Bank Corp. operates in a competitive regional banking sector with a strong focus on growth and profitability, making it an attractive option for investors looking for stability and potential upside.
  • In the most recent quarter, Independent Bank Corp. reported a revenue of $250.856 million, showing a slight increase from $250.319 million in the previous quarter.
  • The company has demonstrated a revenue growth of 41.5% year-over-year, indicating strong performance and market demand.
Bear case
  • Despite its growth, Independent Bank Corp. faces significant challenges as indicated by its 'Strong Sell' signal, suggesting potential risks in the current market environment.
  • The company's stock score is -21.00, reflecting bearish trends such as MACD bear and RSI≤45, which could deter investors.
  • The net income for the last quarter was $81.838 million, which, while positive, is part of a broader trend of fluctuating earnings that may raise concerns among investors.

Fundamentals

Market cap$3.65BEnterprise value$3.38BTrailing P/E13.82Forward P/E9.36
PEG11.00Price / book1.05Beta0.80Dividend yield3.32%
Revenue growth41.5%Earnings growth41.8%Gross margin0.0%Operating margin47.3%
Profit margin28.6%ROE8.2%ROA1.2%Debt / equity—
Current ratio—Free cash flow—Analyst recommendationbuyMean target$93.43
52w high$87.5052w low$63.33

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$251M$250M$245M$244M$180M
Op margin—————
Net income$81.8M$79.9M$75.3M$34.3M$51.1M
Gross margin—————
Gross profit—————
Operating income—————
  • Revenue +0% vs prior quarter ($251M vs $250M).

Yearly (6y)

20252024202320222021
Revenue$849M$683M$722M$720M—
Op margin—————
Net income$205M$192M$240M$264M—
Gross margin—————
Gross profit—————
Operating income—————
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

INDB · daily-4.0% over 13 sessions
Close EMA21 EMA50 EMA200
75.9677.5179.0580.6082.152026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$63M$125M$188M$251M0%5%10%2025-Q22025-Q32025-Q42026-Q12026-Q2