Independent Bank Corp (Massachusetts) (INDB) Stock Price

Independent Bank Corp (Massachusetts) Price

NASDAQ·CLOSED
78.21
​
Market closed

Revenue has compounded at 14.2% per year over the past 19 years to 1.17 B USD. Earnings per share have grown at 3.2% per year over the last 19 years. Independent Bank Corp (Massachusetts)'s net margin stands at 17.6%, down from 23.4% several years earlier. Independent Bank Corp (Massachusetts) currently offers a dividend yield of about 3.02%. The payout ratio is around 57% of earnings. The dividend has grown at 7.1% per year over the past 19 years. Analysts set a median price target of 95.00 USD, implying 21.5% above the current price. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus.

Independent Bank Corp (Massachusetts) stock price

Access this data via the Eulerpool API

Independent Bank Corp (Massachusetts) business model & stock analysis

Independent Bank Corp (Massachusetts) is a financial institution headquartered in Rockland, Massachusetts. The bank was founded in 1907 and has since become one of the largest independent banks in Massachusetts. The business model of Independent Bank Corp is to offer its customers a wide range of financial services. The offering ranges from opening checking accounts for retail customers to more complex financing, leasing, insurance, and asset management services for businesses. Independent Bank Corp consists of several divisions specializing in different areas of financial services. The divisions include retail banking, commercial banking, wealth management, and insurance banking. Each division has its own team of experienced bankers responsible for developing more specific business strategies and product offerings. A focus of retail banking is the offering of checking accounts, savings deposits, and credit cards for retail customers. Additionally, the bank also offers mortgage loans for residential properties. In commercial banking, Independent Bank Corp specializes in providing financing and leasing services to businesses and organizations. This includes working capital and investment loans, commercial financing, as well as leasing and factoring services. The wealth management team of Independent Bank Corp offers wealthy private clients a wide range of asset management services. These include investment funds and asset management strategies tailored to the individual client's requirements. Lastly, the insurance banking division of Independent Bank Corp offers insurance products for retail customers and businesses. These include auto insurance, liability insurance, and credit insurance, among others. Over the decades, Independent Bank Corp has carried out several acquisitions and mergers to expand its reach and capabilities. For example, in 2008, the bank acquired Abington Bank, which was one of the oldest independent banks in Massachusetts. In the following years, the bank also expanded through the opening of new branches. Independent Bank Corp is known for its high level of customer service and community engagement. The bank has launched several programs to support local businesses and organizations and to assist local non-profit organizations. Independent Bank Corp also engages in employee donations and volunteer work to strengthen its connection to the local community. Overall, Independent Bank Corp offers a wide range of financial services for retail and business customers and is a key institution in the Massachusetts financial world.

Frequently asked questions about Independent Bank Corp (Massachusetts)

The business model of Independent Bank Corp (Massachusetts) revolves around being a regional commercial banking organization. With a focus on serving individuals, businesses, and municipalities in the Massachusetts area, Independent Bank Corp offers a range of financial products and services. The company aims to generate income through lending activities, including commercial, residential, and consumer loans. Additionally, they provide various deposit services to individuals and businesses. Independent Bank Corp's model emphasizes building strong customer relationships, promoting community development, and delivering personalized banking solutions to meet the diverse financial needs of their clients in the Massachusetts market.

Independent Bank Corp (Massachusetts) primarily operates in the financial sector.

The main competitors of Independent Bank Corp (Massachusetts) in the market include other prominent banking companies such as Bank of America, JPMorgan Chase, and Citigroup. These large financial institutions similarly provide a range of banking services and compete with Independent Bank Corp (Massachusetts) in attracting and serving customers.

Independent Bank Corp (Massachusetts) is a reputable financial institution that has a rich history and notable background. Established in 1863, Independent Bank Corp (Massachusetts) has been at the forefront of providing a wide range of banking services to individuals, businesses, and communities in Massachusetts. With a commitment to maintaining personalized customer relationships, they have built a strong reputation for exceptional service and innovation throughout their existence. Independent Bank Corp (Massachusetts) has consistently demonstrated financial stability and growth, making them a trusted choice for banking needs. As a leading player in the banking industry, Independent Bank Corp (Massachusetts) continues to adapt and evolve to meet the changing needs of their customers and the market.

Independent Bank Corp (Massachusetts) has achieved several significant milestones. Firstly, the company successfully completed its initial public offering (IPO) in 2002, marking a crucial step in its growth and expansion. Additionally, Independent Bank Corp (Massachusetts) has consistently delivered strong financial performance, posting steady annual revenue growth and demonstrating solid profitability. The company has also received numerous accolades and recognition, including being named one of the top-performing banks in Massachusetts by the Boston Business Journal. Moreover, Independent Bank Corp (Massachusetts) has continued to enhance its customer experience and expand its market presence through strategic acquisitions and the opening of new branch locations.

Independent Bank Corp (Massachusetts) is primarily present in the United States, with a focus on the state of Massachusetts. As a regional bank, Independent Bank Corp serves its customers through a network of branches in various cities and towns across Massachusetts. The company's operations are mainly concentrated in this region, providing financial services and solutions to local communities.

Independent Bank Corp (Massachusetts) is committed to upholding strong values and a robust corporate philosophy. The company prioritizes integrity, trustworthiness, and reliability in all its activities. It believes in fostering long-term relationships with its customers, employees, and shareholders based on transparency and honesty. Independent Bank Corp (Massachusetts) remains dedicated to providing exceptional financial services and contributing positively to the communities it serves. By adhering to a customer-centric approach and offering innovative solutions, Independent Bank Corp (Massachusetts) strives to build and maintain its reputation as a leading financial institution focused on excellence and sustainable growth.

Analysts currently set an average price target of 93.33 USD for the Independent Bank Corp (Massachusetts) stock (median: 95.00 USD), implying +19.3 % versus the latest price. The consensus is based on 13 analyst ratings.

13 analysts currently rate the Independent Bank Corp (Massachusetts) stock: 10 recommend buying, 2 holding and 1 selling. For 2026, analysts expect Independent Bank Corp (Massachusetts) to generate revenue of 1.03 B USD and earnings per share of 7.18 USD.

Converted at the current exchange rate, the Independent Bank Corp (Massachusetts) share trades at 69.78 EUR (78.21 USD).

The Independent Bank Corp (Massachusetts) share (INDB) is listed on 1 stock exchanges, including: NASDAQ (INDB).

Independent Bank Corp is a financial institution headquartered in Massachusetts. The company is divided into various business segments to offer its customers a wide range of financial products and services. The business model of Independent Bank Corp is based on a diverse product offering and strong customer relationships. By expanding its offerings, the company can strengthen customer interest and build long-term relationships. The main business segments of Independent Bank Corp include retail banking, commercial banking, and wealth management. Specifically, the company offers a variety of products and services tailored to the needs of its different business segments. In the retail banking sector, Independent Bank Corp offers checking accounts, savings accounts, credit cards, and consumer loans. In addition, customers can access their accounts online and via mobile devices to make transfers and manage their finances. The bank places great importance on customer relationships and offers personalized service and financial advice. In commercial banking, Independent Bank Corp focuses on small and medium-sized businesses, offering loans, lines of credit, leasing, and treasury bills. In addition, the company supports businesses through cash management solutions and banking services for daily operations. With this segment, the company aims to build long-term relationships with businesses to support them during their growth phase. The wealth management sector offers customers a range of investment and asset management solutions. The company has financial advisors who provide personal financial services such as investment portfolios, retirement planning, and estate planning. Through customized portfolios and individual consultation services, Independent Bank Corp aims to be a "one-stop shop" for its customers' wealth management needs. Independent Bank Corp is committed to strengthening its customer relationships through innovative technologies. The company has recently introduced mobile apps and online banking solutions to expand its service offering and make it easier for customers to conduct their banking transactions. In addition, the company has expanded its branch network to provide better access to its services for customers. In summary, Independent Bank Corp's business model is based on a wide range of financial products and services, high customer satisfaction, and an innovative approach to customer retention. Through this approach, the company aims to expand its leading position in the US financial market and broaden its customer base.

The expected revenue of Independent Bank Corp (Massachusetts) is 1.03 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Independent Bank Corp (Massachusetts) is 355.32 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Independent Bank Corp (Massachusetts) is currently 10.89. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Independent Bank Corp (Massachusetts) stock.

The price-to-sales ratio (P/S) of Independent Bank Corp (Massachusetts) is currently 3.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Independent Bank Corp (Massachusetts) stock.

The Eulerpool Quality Score for Independent Bank Corp (Massachusetts) is 7/10.

The ISIN of Independent Bank Corp (Massachusetts) is US4538361084. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Independent Bank Corp (Massachusetts) is 907842. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Independent Bank Corp (Massachusetts) is INDB. The ticker symbol is used to trade Independent Bank Corp (Massachusetts) shares on the stock exchange.

Fair ValueTerminal
75.08 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Banks
Number of shares
Employees
Revenue per Employee
508,792.94 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Sep 16, 1974
ISIN
US4538361084
Cusip
453836108
Sedol
2447821
Market capitalization
3.88 B USDMid Cap
52-Week Range
PEG
2.18
P/E ratio
P/Ee 2026
10.91
P/Ee 2027
9.48
P/Ee 2028
8.51
P/S
P/Se
3.74
EV/EBIT
15.20
P/B Ratio
1.09
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.16 %
Dividend
Dividend yield
3.02 %
Est. Dividend Yield
3.27 %
Payout Ratio
56.92 %
Dividend growth Ø5Y
4.21 %
Dividend payments per year
4
Dividend paid since
32 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
30.00 %
Last updated Oct 9, 2026, 10:27 AM

Independent Bank Corp (Massachusetts) Ticker

NASDAQ · INDB

Independent Bank Corp (Massachusetts) FIGI

INDB:US · BBG000BM0597INDB:UA · BBG000BM05N1INDB:UC · BBG000BM0668INDB:UN · BBG000BM07C9INDB:UP · BBG000BM07K0INDB:UB · BBG000BM08G3INDB:UM · BBG000BM09J8INDB:UX · BBG000BM0B12INDB:UD · BBG000BM0CW6INDB:UW · BBG000BM0DY2INDB:UF · BBG000BM0F86INDB:VY · BBG000BM0FS4