Independent Bank Corp.
General ticker "INDB" information:
- Sector: Financials
- Industry: Banks - Regional
- Capitalization: $3.5B (TTM average)
Independent Bank Corp. follows the US Stock Market performance with the rate: 52.8%.
Estimated limits based on current volatility of 1.0%: low 80.15$, high 81.79$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-06-29, amount 0.64$ (Y3.14%)
- Total employees count: 69 as of 1996
- Top business risk factors: Economic downturns and volatility, Interest rate risk, Liquidity and credit risks, Regulatory and compliance, Reputation and brand risks
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [62.11$, 81.59$]
- 2026-12-31 to 2027-12-31 estimated range: [61.47$, 81.82$]
Financial Metrics affecting the INDB estimates:
- Negative: with PPE of 13.5 at the end of fiscal year the price was very high
- Positive: Operating profit margin, % of 30.57 > 18.77
- Positive: 0.28 < Operating cash flow per share per price, % of 6.76
- Positive: Industry earnings per price (median), % of 7.57 > 4.32
- Positive: Industry operating cash flow per share per price (median), % of 10.78 > 10.39
- Positive: Industry inventory ratio change (median), % of 0 <= 0
- Positive: -3.10 < Return on assets ratio (scaled to [-100,100]) of 0.82
- Positive: Industry operating profit margin (median), % of 24.03 > 9.99
Short-term INDB quotes
Long-term INDB plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $731.13MM | $689.74MM | $857.52MM |
| Operating Expenses | $416.00MM | $442.62MM | $595.35MM |
| Operating Income | $315.13MM | $247.13MM | $262.17MM |
| Interest Expense | $189.21MM | $291.02MM | $313.57MM |
| Income(Loss) | $315.13MM | $247.13MM | $262.17MM |
| Taxes | $75.63MM | $55.05MM | $57.05MM |
| Net Income(Loss)* | $239.50MM | $192.08MM | $205.12MM |
| Stockholders Equity | $2,895.25MM | $2,993.12MM | $3,565.73MM |
| Assets | $19,347.37MM | $19,373.56MM | $24,912.90MM |
| Operating Cash Flow | $276.99MM | $229.92MM | $251.16MM |
| Capital expenditure | $15.84MM | $20.43MM | $12.13MM |
| Investing Cash Flow | $-211.65MM | $-33.01MM | $5.05MM |
| Financing Cash Flow | $-193.95MM | $-201.35MM | $295.80MM |
| Earnings Per Share** | $5.42 | $4.52 | $4.15 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.