INDEPENDENT BANK CORP/MA
INDBNASDAQTrading Snapshot
- Day Range
- $77.33 β $79.11
- 52-Week Range
- $63.33 β $87.50
- Volume
- $3.46B
- Avg Volume
- $3.78B
- Shares Outstanding
- 47.6M
- Next Earnings
- Dec 14, 2026
Fundamentals Snapshot
- Annual Revenue
- $1.17B
- Last Q Revenue
- $289M
- P/E Ratio
- 13.6
- P/S Ratio
- 3.2x
- EPS (TTM)
- $5.54
- Dividend Yield
- 3.11%
- Dilution (1yr)
- +16.4%
Why Investors Own INDB
- βHigh-growth profile β revenue up +59.3% YoY with expanding US Equity exposure.
- βHealthy economics β 67% gross margin and 24% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
INDEPENDENT BANK CORP/MA
INDBAbout 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.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Ratings
βLatest News & Updates
INDEPENDENT BANK CORP/MA tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift INDB price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
INDEPENDENT BANK CORP/MA announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.