Independent Bank Corp (Massachusetts)
INDB
NASDAQ
Banking
$84.38
USD
-0.54 (-0.64%)
At close: Jul 30, 2026, 4:00 PM EDT
Market Cap $4.19B
Volume 463.8K
About Independent Bank Corp (Massachusetts)
Independent Bank Corp. operates as a bank holding company. The company is headquartered in Rockland, Massachusetts and currently employs 2,294 full-time employees. With retail branches in Eastern Massachusetts, Worcester County, and Southern New Hampshire, as well as commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island, the Bank offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bank's commercial, consumer real estate, and other consumer loan portfolios consist of loans made to residents and businesses located in the Bank's market area. Its commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans. The Bank's consumer portfolio consists of real estate loans comprised of residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties.
CEO
Mr. Jeffrey Tengel
HQ
Rockland, MASSACHUSETTS, US
Founded
1974
Employees
2,294
Quantli Score
8.4
Outperform
Fin. Health
8.1
Profitability
7.6
Growth
9.0
Cash-Flow Q.
8.8
Key Metrics
7 metrics our research team weighs before forming a view on INDB.
Based on Quantli research · SEC filings · as of Q1 2026
METRIC
VALUE
CHANGE
TREND (3Y)
Revenue Growth (TTM)
27.3%
+22.7 pp
Gross Margin (TTM)
74.2%
+3.2 pp
Operating Margin (TTM)
24.6%
+0.1 pp
Net Margin (TTM)
19.1%
+0.0 pp
ROE (TTM)
6.8%
+0.6 pp
EPS Growth (TTM)
14.4%
+28.7 pp
Free Cash Flow (TTM)
$339.62M
+95.0%
Financial Snapshot
Revenue
$1.26B
+27.3%
YoY
Gross Margin
74%
TTM
+4.5%
YoY
Net Income
$240.62M
+27.5%
YoY
Operating Cash Flow
$355.04M
+84.8%
YoY
Key Statistics
Open
$85.20
Previous Close
$84.92
Day Range
$84.23 - $85.56
52 Week Range
$61.55 - $87.50
Volume
463.8K
Average Volume (10 Days)
450.0K
Market Cap
$4.19B
P/E Ratio (TTM)
15.44
P/S Ratio (TTM)
3.33
Dividend Yield
2.60%
Valuation Measurement
Market Cap
$4.19B
Trailing P/E
15.44
Price / Sales
3.33
Price / Book
1.18
Financial Highlights
Profit Margin
19.1%
Return on Assets
1.0%
Return on Equity
6.8%
Revenue (TTM)
$1.26B
Net Income (TTM)
$240.62M
Diluted EPS (TTM)
$5.08
Total Cash (MRQ)
$223.29M
Levered FCF (TTM)
$339.62M
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Analyst Consensus
Based on 3 analyst ratings
Avg Target: $93.67
(+11.0% upside)
High: $96.00 · Low: $90.00
Strong Buy
0%
Buy
67%
Hold
33%
Sell
0%
Strong Sell
0%