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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

Price (USD)
Price (USD)

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

Full Financials

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

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on INDB

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Analyst Consensus

Hold

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%

View full analyst ratings