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INDB
$83.41-$1.78 (-2.09%)live
Held · Bookmarked
0 · 0
portfolios · users
Avg position size
—
of holders' portfolios
13F filers
2
institutions
Market cap
$4.1B
48M shares
52-week range
$61.19 – $87.00
86% from low
Sector
STATE COMMERCIAL BANKS
Exchange
NASDAQ
CS
Borrow rate
0.30%
Easy to borrow
Price (6 mo)
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Change+$7.91
Valuation
Financials
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Click rows below (any statement) to add/remove series. Selection stays as you switch tabs.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $412.2M | $556.6M | $507.4M | $516.0M | $749.8M | $911.3M | $974.1M | $1.17B |
| Cost of revenue | $30.3M | $59.9M | $86.8M | $31.9M | $36.1M | $212.5M | $327.3M | $374.3M |
| Gross profit | $381.9M | $496.7M | $420.6M | $484.1M | $713.7M | $698.9M | $646.9M | $792.9M |
| Gross margin | 92.6% | 89.2% | 82.9% | 93.8% | 95.2% | 76.7% | 66.4% | 67.9% |
| R&D | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating income | $155.9M | $218.1M | $152.8M | $156.7M | $347.8M | $315.1M | $247.1M | $266.9M |
| EBITDA | $171.6M | $237.5M | $180.1M | $189.5M | $386.6M | $351.2M | $288.0M | $306.2M |
| Net income | $121.6M | $165.2M | $121.2M | $121.0M | $263.8M | $239.5M | $192.1M | $205.1M |
| Net margin | 29.5% | 29.7% | 23.9% | 23.4% | 35.2% | 26.3% | 19.7% | 17.6% |
| EPS (diluted) | 4.40 | 5.03 | 3.64 | 3.47 | 5.69 | 5.42 | 4.52 | 4.45 |
Annual figures · source: Financial Modeling Prep
Analyst estimates (consensus)
| Year | Est. revenue | Est. EPS | EPS range | # Analysts |
|---|---|---|---|---|
| 2026 | $1.0B | $7.28 | $7.11–$7.40 | 5 |
| 2027 | $1.1B | $8.35 | $8.18–$8.47 | 5 |
| 2028 | $939M | $9.58 | $9.52–$9.70 | 2 |
Forward consensus · source: Financial Modeling Prep
DCF fair valuemodel estimate
Intrinsic value
$74.33
Price
$83.41
Implied downside
-11%
Peer comparison
Independent Bank Corp/MA
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
www.rocklandtrust.com- Employees
- 2,294
- IPO / List date
- Jan 1, 1986
- HQ
- ROCKLAND, MA
Held by traders on TradeandTell
No one on the platform currently holds INDB.
Super investors & insiders
Institutions holding (13F)
| Institution | Shares | Reported |
|---|---|---|
| Bridgewater Associatesas of 2026-03-31 | 205,297 | $15.4M |
| Renaissance Technologiesas of 2025-12-31 | 18,002 | $1.3M |
Insider activity (SEC Form 4)
Dividend history
TTM yield · 2.95% ($2.46/share)
| Ex-date | Per share | Pay date |
|---|---|---|
| 2026-06-29 | $0.6400 | 2026-07-09 |
| 2026-03-30 | $0.6400 | 2026-04-09 |
| 2025-12-29 | $0.5900 | 2026-01-07 |
| 2025-09-29 | $0.5900 | 2025-10-07 |
| 2025-06-30 | $0.5900 | 2025-07-07 |
| 2025-03-31 | $0.5900 | 2025-04-07 |
| 2024-12-30 | $0.5700 | 2025-01-06 |
| 2024-09-30 | $0.5700 | 2024-10-04 |
| 2024-07-01 | $0.5700 | 2024-07-08 |
| 2024-03-28 | $0.5700 | 2024-04-05 |
Recent trades on TradeandTell
No one on the platform has traded INDB yet.
