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INDB

Independent Bank Corp (Massachusetts)
$
68.460
-0.05(-0.073%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
69.110
Open
68.740
VWAP
68.23
Vol
385.15K
Mkt Cap
3.43B
Low
67.530
Amount
26.28M
EV/EBITDA(TTM)
14.35
Total Shares
42.47M
EV
3.97B
EV/OCF(TTM)
--
P/S(TTM)
4.37
Independent Bank Corp. is the holding company of Rockland Trust Company (the Bank). 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.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q4
FY2026Q1
242.65M
+38.46%
1.553
+53.8%
246.99M
+39.66%
1.603
+32.51%
246.69M
+38.56%
1.670
+57.55%
Estimates Revision
The market is revising Upward the revenue expectations for Independent Bank Corp. (INDB) for FY2025, with the revenue forecasts being adjusted by 3.73% over the past three months. During the same period, the stock price has changed by 17.31%.
Revenue Estimates for FY2025
Revise Upward
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+3.73%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
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+3.91%
In Past 3 Month
Stock Price
Go Up
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+17.31%
In Past 3 Month
2 Analyst Rating
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2.25% Upside
Wall Street analysts forecast INDB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INDB is 70.00 USD with a low forecast of 68.00 USD and a high forecast of 72.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
2 Hold
0 Sell
Hold
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2.25% Upside
Current: 68.460
sliders
Low
68.00
Averages
70.00
High
72.00
Keefe Bruyette
David Konrad
Market Perform
maintain
$72 -> $79
2025-07-21
New
Reason
Keefe Bruyette analyst David Konrad raised the firm's price target on Independent Bank to $79 from $72 and keeps a Market Perform rating on the shares. The bank's core Q2 results were in line with consensus and it has strong capital, the analyst tells investors in a research note.
Keefe Bruyette
Market Perform
maintain
$72 -> $77
2025-07-21
New
Reason
Keefe Bruyette raised the firm's price target on Independent Bank to $77 from $72 and keeps a Market Perform rating on the shares. The bank's core Q2 results were in line with consensus and it has strong capital, the analyst tells investors in a research note.
Piper Sandler
Mark Fitzgibbon
Hold
Maintains
$74 → $63
2025-04-21
Reason
Piper Sandler analyst Mark Fitzgibbon lowered the firm's price target on Independent Bank to $63 from $74 and keeps a Neutral rating on the shares following quarterly results. The firm would expect the stock to be under some pressure on Monday morning given the market's hypersensitivity to credit issues.
Keefe, Bruyette & Woods
Christopher O'Connell
Hold
Maintains
$80 → $72
2025-04-21
Reason
Raymond James
Steve Moss
Strong Buy
Reiterates
$74 → $78
2025-01-21
Reason
Raymond James raised the firm's price target on Independent Bank to $78 from $74 and keeps a Strong Buy rating on the shares. Credit stabilized, and Independent Bank has a path forward to materially lower non-performing assets with minimal incremental provision expense given existing specific reserves and pending short sales, while the net interest margin outlook is positive and appears conservative, the analyst tells investors in a research note. The firm views the results and guidance positively and likes the direction that management is leading the company.
Keefe, Bruyette & Woods
Christopher O'Connell
Hold
Maintains
$82 → $80
2025-01-21
Reason

Valuation Metrics

The current forward P/E ratio for Independent Bank Corp (Massachusetts) (INDB.O) is 10.33, compared to its 5-year average forward P/E of 14.06. For a more detailed relative valuation and DCF analysis to assess Independent Bank Corp (Massachusetts) 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Undervalued
5Y Average PE
14.06
Current PE
10.33
Overvalued PE
17.05
Undervalued PE
11.07

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
4.16
Current PS
3.47
Overvalued PS
5.01
Undervalued PS
3.30

Financials

Annual
Quarterly
FY2025Q2
YoY :
+6.26%
169.37M
Total Revenue
FY2025Q2
YoY :
+2.32%
68.05M
Operating Profit
FY2025Q2
YoY :
-0.45%
51.10M
Net Income after Tax
FY2025Q2
YoY :
-0.83%
1.20
EPS - Diluted
FY2025Q1
YoY :
+70.00%
381.33M
Free Cash Flow
FY2025Q2
YoY :
-100.00%
N/A
FCF Margin - %
FY2025Q2
YoY :
-6.30%
30.17
Net Margin - %
FY2025Q2
YoY :
-13.21%
5.06
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
44.8K
USD
1
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areSelling! The selling amount has increased 496.52% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
37.7K
Volume
1
6-9
Months
6.3K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
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0.0
USD
Months
0-12
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0.0
USD
Months

INDB News & Events

Events Timeline

2025-07-17 (ET)
2025-07-17
16:11:31
Independent Bank reports Q2 EPS $1.20, consensus $1.21
select
2025-04-17 (ET)
2025-04-17
16:14:05
Independent Bank reports Q1 EPS $1.06 , consensus $1.16
select
2025-03-20 (ET)
2025-03-20
16:10:44
Independent Bank raises quarterly dividend by 4% to 59c per share
select
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News

3.0
07-23NASDAQ.COM
Peek Under The Hood: RWJ Has 11% Upside
9.5
07-19Yahoo Finance
Independent Bank Corp (INDB) Q2 2025 Earnings Call Highlights: Strong Loan Growth and Strategic ...
9.5
07-18Benzinga
Independent Bank Posts Upbeat Earnings, Joins Blaize Holdings, Interactive Brokers Group And Other Big Stocks Moving Higher On Friday
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FAQ

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What is Independent Bank Corp (Massachusetts) (INDB) stock price today?

The current price of INDB is 68.46 USD — it has decreased -0.07 % in the last trading day.

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What is the price predicton of INDB Stock?

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What is Independent Bank Corp (Massachusetts) (INDB)'s earnings per share (EPS) for the last quarter?

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What changes have occurred in the market's expectations for Independent Bank Corp (Massachusetts) (INDB)'s fundamentals?

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