Independent Bank
$ 79.23
1.64%
20 Apr - close price
- Market Cap 3,786,206,000 USD
- Current Price $ 79.23
- High / Low $ 79.42 / 77.04
- Stock P/E 15.50
- Book Value 72.33
- EPS 5.03
- Next Earning Report -
- Dividend Per Share $1.77
- Dividend Yield 2.26 %
- Next Dividend Date -
- ROA 0.01 %
- ROE 0.07 %
- 52 Week High 86.24
- 52 Week Low 52.45
About
Independent Bank Corp. The company is headquartered in Rockland, Massachusetts.
Analyst Target Price
$90.17
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-09 | 2026-01-07 | 2025-10-07 | 2025-07-07 | 2025-04-07 | 2025-01-06 | 2024-10-04 | 2024-07-08 | 2024-04-05 | 2024-01-05 |
| Amount | $0.64 | $0.59 | $0.59 | $0.59 | $0.59 | $0.57 | $0.57 | $0.57 | $0.57 | $0.55 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: INDB
2026-04-20 12:10:21
Raymond James has raised its price target for Independent Bank (INDB) to $97 from $94, while maintaining a "Strong Buy" rating on the stock. This adjustment reflects the firm's continued positive outlook on the bank. The announcement follows Independent Bank Corp.'s Q1 2026 earnings call, where the company reported an increase in adjusted earnings and revenue.
2026-04-19 15:09:17
Stephens has initiated coverage of Independent Bank with an "overweight" (buy-equivalent) rating, signaling a positive outlook for the company's stock. This initiation suggests that Stephens analysts believe the bank's shares are poised for potential appreciation.
2026-04-19 07:09:36
Independent Bank Corp. (INDB) held its Q1 earnings call, revealing solid profitability and net interest margin expansion despite headwinds in commercial real estate (CRE) and a competitive deposit landscape. The bank demonstrated strong capital strength with share buybacks and increased dividends, while proactively reducing CRE exposure and managing emerging asset quality pressures. Management reaffirmed ambitious long-term targets, balancing growth with prudent risk management.
2026-04-19 00:09:17
Independent Bank Corp. (INDB) held its Q1 earnings call, showcasing solid profitability and margin expansion while navigating challenges in commercial real estate (CRE) and a competitive deposit environment. The bank reported strong GAAP net income, improved net interest margin, and robust capital strength with significant shareholder payouts. Despite some asset quality pressures in CRE and office loans, management reaffirmed ambitious long-term targets, emphasizing strategic investments and expense discipline.
2026-04-18 11:39:05
Independent Bank Corp. (NASDAQ:INDB) reported its Q1 2026 earnings, emphasizing progress in organic growth, expense management, and capital optimization. The company repurchased $63 million in shares and increased its dividend by 8.5%, while focusing on managing its commercial real estate (CRE) portfolio and preparing for a core operating platform transition in October. Speakers Jeffrey J. Tengel (CEO) and Mark J. Ruggiero (CFO) provided updates on financial performance, loan and deposit trends, asset quality, and addressed questions regarding market competition, capital allocation, and the potential impact of rent control legislation in Massachusetts.
2026-04-18 00:10:06
Independent Bank Corp. (INDB) reported its Q1 earnings, demonstrating strong profitability, net interest margin expansion, and capital strength. Despite these positives, the bank acknowledged challenges in commercial real estate (CRE) with rising nonperforming assets and slower loan demand, along with increased deposit competition. Management reaffirmed its 2026 targets and outlined strategic levers like core system conversion and AI to navigate the evolving market.
