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Independent Bank Corp. (INDB) Stock

Financial Services · Banks - Regional · US
$84.62 -0.22%
Last updated Nov 12, 2026 10:46 UTC

INDB Key Statistics

Market Cap$4.00B
P/E (TTM)12.54
P/S (TTM)3.17
P/B (TTM)1.16
Revenue (TTM)$1.26B
EPS (TTM)$6.75
Dividend Yield3.12%
ROE (TTM)9.29%
Net Margin25.85%
Gross Margin73.78%
52W High$88.58
52W Low$66.17
Analyst ViewHold
Price Target$95.00
Employees2,294
Volume139,312

About Independent Bank Corp.

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.

CEO: Jeffrey J. Tengel. Company website

INDB — Frequently Asked Questions

What is the INDB stock price today?

Independent Bank Corp. (INDB) trades at $84.62, down 0.22% on the day, as of Nov 12, 2026 10:46 UTC.

What is Independent Bank Corp.'s market cap?

Independent Bank Corp. has a market capitalisation of $4.00B, calculated from the live INDB share price and shares outstanding.

What is the P/E ratio of INDB?

INDB trades at a trailing P/E of 12.54, from earnings per share of $6.75 over the last twelve months.

How much revenue does Independent Bank Corp. make?

Independent Bank Corp. generated revenue of $1.26B over the trailing twelve months, which puts the stock at 3.17 times sales.

Does INDB pay a dividend?

Yes. Independent Bank Corp. pays a dividend yielding 3.12% on the current share price.

What is the 52-week range for INDB?

INDB has traded between $66.17 and $88.58 over the past 52 weeks, and the last price is 4.5% below that high.

Is Independent Bank Corp. profitable?

Yes. Independent Bank Corp. keeps 25.85% of revenue as net income over the trailing twelve months.

What is the analyst price target for INDB?

Wall Street analysts rate INDB Hold, with an average price target of $95.00, 12.3% above the current price.

What sector is Independent Bank Corp. in?

Independent Bank Corp. is classified under the Financial Services sector and the Banks - Regional industry, and is domiciled in US.

Who is the CEO of Independent Bank Corp.?

Jeffrey J. Tengel is the chief executive of Independent Bank Corp., which employs 2,294 people.

Where can I track INDB in real time?

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ETFs holding INDB

KRE State Street SPDR S&P Regional Banking ETF 1.00% KBE State Street SPDR S&P Bank ETF 0.97% IJR iShares Core S&P Small-Cap ETF 0.23% IWM iShares Russell 2000 ETF 0.14% SCHA Schwab U.S. Small-Cap ETF 0.10% VIG Vanguard Dividend Appreciation ETF 0.02% VYM Vanguard High Dividend Yield ETF 0.02% SCHB Schwab U.S. Broad Market ETF 0.01% VTI Vanguard Morningstar Total Stock Market ETF 0.00% VT Vanguard Total World Stock ETF 0.00%

Largest institutional holders of INDB

BlackRock, Inc. BLK 6,979,611 shares
VANGUARD PORTFOLIO MANAGEMENT LLC 3,273,358 shares
DIMENSIONAL FUND ADVISORS LP 2,692,388 shares
STATE STREET CORP STT 2,645,824 shares
VANGUARD CAPITAL MANAGEMENT LLC 2,171,265 shares
GEODE CAPITAL MANAGEMENT, LLC 1,460,222 shares
ROCKLAND TRUST CO 1,389,563 shares
ALLIANCEBERNSTEIN L.P. AB 1,179,183 shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 917,172 shares
MACQUARIE MANAGEMENT HOLDINGS, INC. 917,172 shares