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Independent Bank Corp. (INDB)

Financial Services | Banks - Regional | Rockland, United States | NasdaqGS
82.06 USD -0.36 (-0.437%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 82.06
Short-term:★★★☆☆Long-term:★★★★☆Dividends:★★★⯪☆
Hot Take ↕ | Aug. 22, 2026, 4:45 a.m. EDT

Independent Bank Corp. represents a compelling long-term value opportunity within the regional banking sector, driven by robust revenue and earnings growth that significantly outpaces typical industry peers. Despite recent earnings misses and mixed analyst sentiment, the company's commitment to share buybacks and a healthy payout ratio underscores management's confidence in the franchise. The stock trades at a forward P/E of roughly 10x, providing a substantial margin of safety against a backdrop of improving fundamentals and a positive nine-year price trajectory. However, the recent volatility and cyclical risks inherent to the industry introduce short-term uncertainty. Options activity reflects this tension, with traders placing protective puts near current levels while targeting upside moves toward the 90s. For the long term, the balance sheet strength and growth trajectory outweigh the cyclical risks.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.047351
AutoETS0.052307
MSTL0.053491
AutoARIMA0.065488

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 56%
H-stat 6.48
Ljung-Box p 0.000
Jarque-Bera p 0.014
Excess Kurtosis 0.54
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-28
Last Dividend Date 2026-06-28
Revenue per Share 19.309
Market Cap 3,887,108,352
Trailing P/E 14.89
Forward P/E 9.87
Beta 0.79
Profit Margins 28.60%
Website https://www.rocklandtrust.com

As of Aug. 22, 2026, 4:45 a.m. EDT: Implied volatility remains elevated across expiration dates, signaling market uncertainty. Put open interest clusters heavily near the 75 to 80 strike range, suggesting traders are hedging downside risk at current levels. Conversely, call open interest concentrates at the 90 strike, indicating speculative positioning for upside moves toward that target. Overall, speculators appear to be balancing defensive protection with a bullish bias for a move higher.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.77% 3.28% 3.74% 3.41%
Dividend History
Date Dividend Yield %
2026-06-29 0.640000 0.767294
2026-03-30 0.640000 0.869802
2025-12-29 0.590000 0.789932
2025-09-29 0.590000 0.849654
2025-06-30 0.590000 0.938146
2025-03-31 0.590000 0.941740
2024-12-30 0.570000 0.889097
2024-09-30 0.570000 0.963978
2024-07-01 0.570000 1.151748
2024-03-28 0.570000 1.095732
2023-12-22 0.550000 0.833839
2023-09-29 0.550000 1.120391
2023-06-23 0.550000 1.211187
2023-03-24 0.550000 0.810015
2022-12-23 0.550000 0.648585
2022-09-23 0.510000 0.656793
2022-06-24 0.510000 0.644917
2022-03-25 0.510000 0.598381
2021-12-23 0.480000 0.601278
2021-09-24 0.480000 0.649351
2021-06-25 0.480000 0.611699
2021-03-26 0.480000 0.551471
2020-12-24 0.460000 0.621874
2020-09-25 0.460000 0.917797
2020-06-26 0.460000 0.747724
2020-03-27 0.460000 0.732484
2019-12-27 0.440000 0.525185
2019-09-27 0.440000 0.586276
2019-06-28 0.440000 0.577807
2019-03-22 0.440000 0.591398
2018-12-28 0.380000 0.545428
2018-09-28 0.380000 0.460048
2018-06-29 0.380000 0.484694
2018-03-23 0.380000 0.547550
2017-12-22 0.320000 0.447240
2017-09-29 0.320000 0.428667
2017-09-22 0.320000 0.442600
2017-06-22 0.320000 0.502749
2017-03-23 0.320000 0.525883
2016-12-21 0.290000 0.416368
2016-09-22 0.290000 0.540037
2016-06-23 0.290000 0.611943
2016-03-23 0.290000 0.631396
2015-12-23 0.260000 0.550847
2015-09-24 0.260000 0.572687
2015-06-25 0.260000 0.541667
2015-03-26 0.260000 0.599493
2014-12-24 0.240000 0.570478
2014-09-25 0.240000 0.666482
2014-06-26 0.240000 0.629261
2014-03-27 0.240000 0.619675
2013-12-26 0.220000 0.560938
2013-09-26 0.220000 0.615385
2013-06-27 0.220000 0.640466
2013-03-27 0.220000 0.674226
2012-12-20 0.210000 0.715990
2012-09-27 0.210000 0.689655
2012-06-28 0.210000 0.744681
2012-03-22 0.210000 0.753498
2011-12-21 0.190000 0.692168
2011-09-22 0.190000 0.910834
2011-06-23 0.190000 0.730769
2011-03-24 0.190000 0.731332
2010-12-22 0.180000 0.649116
2010-09-23 0.180000 0.824176
2010-06-24 0.180000 0.724930
2010-03-25 0.180000 0.710059
2009-12-23 0.180000 0.857551
2009-09-24 0.180000 0.797166
2009-06-25 0.180000 0.926402
2009-03-26 0.180000 1.171113
2008-12-24 0.180000 0.742574
2008-09-25 0.180000 0.607903
2008-06-26 0.180000 0.729631
2008-03-27 0.180000 0.600801
2007-12-20 0.170000 0.616165
2007-09-21 0.170000 0.543131
2007-06-22 0.170000 0.577054
2007-03-22 0.170000 0.515620
2006-12-21 0.160000 0.456621
2006-09-26 0.160000 0.481493
2006-06-22 0.160000 0.526316
2006-03-23 0.160000 0.512000
2005-12-21 0.150000 0.526131
2005-09-22 0.150000 0.510725
2005-06-23 0.150000 0.552079
2005-03-22 0.150000 0.527612
2004-12-29 0.140000 0.413712
2004-09-22 0.140000 0.463576
2004-06-23 0.140000 0.500894
2004-03-24 0.140000 0.482759
2003-12-23 0.130000 0.442177
2003-09-24 0.130000 0.487805
2003-06-25 0.130000 0.562041
2003-03-26 0.130000 0.638193
2002-12-24 0.120000 0.494845
2002-09-25 0.120000 0.592593
2002-06-26 0.120000 0.522421
2002-03-26 0.120000 0.480769
2001-12-26 0.110000 0.539216
2001-09-26 0.110000 0.679012
2001-06-27 0.110000 0.568475
2001-03-28 0.110000 0.800000
2000-12-27 0.100000 0.816327
2000-09-27 0.100000 0.812183
2000-06-28 0.100000 0.963855
2000-03-29 0.100000 0.851064
1999-12-29 0.100000 0.800000
1999-09-22 0.100000 0.758294
1999-06-23 0.100000 0.661157
1999-03-24 0.100000 0.714286
1998-12-22 0.100000 0.575540
1998-09-23 0.100000 0.606061
1998-06-24 0.100000 0.519481
1998-03-25 0.100000 0.526316
1997-12-23 0.090000 0.503497
1997-09-24 0.090000 0.620690
1997-06-25 0.080000 0.615385
1997-03-25 0.080000 0.727273
1996-12-24 0.070000 0.746667
1996-09-25 0.060000 0.690647
1996-06-26 0.060000 0.800000
1996-03-27 0.060000 0.786885
1995-12-27 0.050000 0.701754
1995-09-27 0.050000 0.701754
1995-06-21 0.040000 0.561404
1995-03-20 0.040000 0.603774
1994-12-19 0.040000 0.761905
1994-10-07 0.030000 0.533333
1990-03-15 0.090000 1.285714
1989-12-18 0.090000 1.028571
1989-09-14 0.090000 0.900000
1989-06-14 0.080000 0.680851
1989-03-14 0.080000 0.695652
1988-12-16 0.080000 0.761905
1988-08-16 0.080000 0.727273
1988-05-17 0.070000 0.583333
1988-02-16 0.070000 0.538462
1987-12-16 0.067000 0.623256
1987-11-23 0.053000 0.460870
1987-08-18 0.053333 0.374267
1987-05-19 0.046667 0.325584
1987-02-18 0.046667 0.321841
1986-12-18 0.060000 0.382979
Additional Data
dividendRate 2.56
dividendYield 3.11
exDividendDate 2026-06-29
trailingAnnualDividendRate 2.46
trailingAnnualDividendYield 0.029847126
lastDividendValue 0.64
lastDividendDate 2026-06-29
dividendDate 2026-07-09

Info Dump

Attribute Value
52 Week Change 0.15496135
Address1 288 Union Street
All Time High 99.85
All Time Low 1.0
Ask 105.79
Ask Size 2
Audit Risk 4
Average Daily Volume10 Day 288,300
Average Daily Volume3 Month 371,726
Average Volume 371,726
Average Volume10Days 288,300
Beta 0.786
Bid 58.86
Bid Size 2
Board Risk 1
Book Value 73.76
City Rockland
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 82.06
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 83.4199
Day Low 81.745
Display Name Independent Bank
Dividend Date 1,783,555,200
Dividend Rate 2.56
Dividend Yield 3.11
Earnings Call Timestamp End 1,784,296,800
Earnings Call Timestamp Start 1,784,296,800
Earnings Growth 0.418
Earnings Quarterly Growth 0.602
Earnings Timestamp 1,784,232,000
Earnings Timestamp End 1,792,699,200
Earnings Timestamp Start 1,792,699,200
Ebitda Margins 0.0
Enterprise To Revenue 3.808
Enterprise Value 3,613,034,240
Eps Current Year 7.16914
Eps Forward 8.31157
Eps Trailing Twelve Months 5.51
Esg Populated 0
Ex Dividend Date 1,782,691,200
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 84.2652
Fifty Day Average Change -2.2052002
Fifty Day Average Change Percent -0.026169762
Fifty Two Week Change Percent 15.496135
Fifty Two Week High 87.5
Fifty Two Week High Change -5.4400024
Fifty Two Week High Change Percent -0.062171455
Fifty Two Week Low 63.33
Fifty Two Week Low Change 18.729996
Fifty Two Week Low Change Percent 0.29575235
Fifty Two Week Range 63.33 - 87.5
Financial Currency USD
First Trade Date Milliseconds 516,461,400,000
Five Year Avg Dividend Yield 3.27
Float Shares 46,761,353
Forward Eps 8.31157
Forward P E 9.872984
Full Exchange Name NasdaqGS
Full Time Employees 2,294
Fullday Change -0.360001
Fullday Change Percent -0.436788
Fullday Price 82.06
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.0
Gross Profits 948,691,008
Has Pre Post Market Data 1
Held Percent Insiders 0.016490001
Held Percent Institutions 0.88333
Implied Shares Outstanding 47,369,099
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Ir Website http://www.rocklandtrust.com/about-us/investor-relations.aspx
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,691,200
Last Dividend Value 0.64
Last Fiscal Year End 1,767,139,200
Last Split Date 560,044,800
Last Split Factor 3:2
Long Business Summary Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Long Name Independent Bank Corp.
Market us_market
Market Cap 3,887,108,352
Market State CLOSED
Max Age 86,400
Message Board Id finmb_279639
Most Recent Quarter 1,782,777,600
Net Income To Common 271,353,984
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,903,687,448
Number Of Analyst Opinions 7
Open 82.66
Operating Cashflow 321,719,008
Operating Margins 0.47252
Overall Risk 3
Payout Ratio 0.4448
Peg Ratio 11.0
Phone 781 878 6100
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 82.06
Post Market Time 1,787,959,804
Previous Close 82.42
Price Eps Current Year 11.446282
Price Hint 2
Price To Book 1.112527
Price To Sales Trailing12 Months 4.0973387
Profit Margins 0.28603
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.360001
Regular Market Change Percent -0.436788
Regular Market Day High 83.4199
Regular Market Day Low 81.745
Regular Market Day Range 81.745 - 83.4199
Regular Market Open 82.66
Regular Market Previous Close 82.42
Regular Market Price 82.06
Regular Market Time 1,787,947,201
Regular Market Volume 195,291
Return On Assets 0.01205
Return On Equity 0.08239
Revenue Growth 0.415
Revenue Per Share 19.309
Sand P52 Week Change 0.20204377
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 47,369,099
Shares Percent Shares Out 0.0405
Shares Short 1,920,523
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,963,055
Short Name Independent Bank Corp.
Short Percent Of Float 0.0548
Short Ratio 5.16
Source Interval 15
State MA
Symbol INDB
Target High Price 100.0
Target Low Price 82.0
Target Mean Price 93.42857
Target Median Price 96.0
Total Cash 1,032,508,992
Total Cash Per Share 21.797
Total Debt 758,435,008
Total Revenue 948,691,008
Tradeable 0
Trailing Annual Dividend Rate 2.46
Trailing Annual Dividend Yield 0.029847126
Trailing Eps 5.51
Trailing P E 14.8929205
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 79.0433
Two Hundred Day Average Change 3.0167007
Two Hundred Day Average Change Percent 0.038165167
Type Disp Equity
Volume 195,291
Website https://www.rocklandtrust.com
Zip 2,370