Independent Bank Corp.

General ticker "INDB" information:

  • Sector: Financials
  • Industry: Banks
  • Capitalization: $2.6B (TTM average)

Independent Bank Corp. follows the US Stock Market performance with the rate: 67.7%.

Estimated limits based on current volatility of 2.2%: low 55.60$, high 58.15$

Factors to consider:

  • Company pays dividends (quarterly): last record date 2025-03-31, amount 0.59$ (Y4.09%)
  • Company does not operate outside North America (retrieved using AI)
  • Price in estimated range
  • Earnings for 3 months up through Q1 are close to 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 2024-12-31 to 2026-12-31

  • 2024-12-31 to 2025-12-31 estimated range: [55.60$, 72.10$]
  • 2025-12-31 to 2026-12-31 estimated range: [51.91$, 69.45$]

Financial Metrics affecting the INDB estimates:

  • Positive: Non-GAAP EPS, $ of 4.55 > 2.19
  • Negative: negative Operating income
  • Positive: -0.87 < Investing cash flow per share, $ of -0.78
  • Negative: Shareholder equity ratio, % of 15.45 <= 22.52
  • Positive: -1.21 < Return on assets ratio (scaled to [-100,100]) of 0.98
  • Positive: Industry operating profit margin (median), % of 31.09 > 9.44

Similar symbols

Short-term INDB quotes

2025-03-122025-03-132025-03-142025-03-172025-03-182025-03-192025-03-202025-03-212025-03-242025-03-252025-03-262025-03-272025-03-282025-03-312025-04-012025-04-022025-04-032025-04-042025-04-072025-04-082025-04-092025-04-102025-04-112025-04-142025-04-152025-04-162025-04-172025-04-212025-04-222025-04-235254565860626466
Price $

Long-term INDB plot with estimates

5060708090100Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Jan 2026Jul 2026Jan 202700.51
INDBS&P500FinancialsNon-GAAP EPS EstimateNon-GAAP EPS ActualPrice $Non-GAAP EPS $

Financial data

YTD 2022-12-31 2023-12-31 2024-12-31
Operating Revenue $727.92MM $795.73MM $683.11MM
Operating Expenses $389.37MM $480.59MM $1,262.15MM
Operating Income $338.55MM $315.13MM $-579.04MM
Non-Operating Income $9.21MM $0.00MM $826.17MM
Interest Expense $29.59MM $189.21MM $291.02MM
Income(Loss) $347.75MM $315.13MM $247.13MM
Taxes $83.94MM $75.63MM $55.05MM
Profit(Loss)* $263.81MM $239.50MM $192.08MM
Stockholders Equity $2,886.70MM $2,895.25MM $2,993.12MM
Assets $19,294.17MM $19,347.37MM $19,373.56MM
Operating Cash Flow $421.20MM $276.99MM $229.92MM
Capital expenditure $22.07MM $15.84MM $0.00MM
Investing Cash Flow $-1,000.47MM $-211.65MM $-33.01MM
Financing Cash Flow $-1,308.48MM $-193.95MM $-201.35MM
Earnings Per Share** $5.69 $5.42 $4.52

* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.