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Independent Bank Corp. (INDB)

Financial Services | Banks - Regional | Rockland, United States | NasdaqGS
84.95 USD +0.76 (0.903%) ⇧ (July 15, 2026, 11:27 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★★☆Dividends:★★★★☆
Hot Take | July 11, 2026, 5:17 a.m. EDT

INDB offers a compelling long-term recovery story with robust operational margins and accelerating earnings growth, supported by a reasonable forward valuation. The company has successfully navigated the 2023 downturn, showing a strong price recovery and consistent dividend increases that provide income alongside capital appreciation potential. However, the short-term outlook faces headwinds as the stock trades near its yearly high, and options data indicates heightened hedging activity against a potential pullback. While the price prediction model remains neutral, the fundamental strength supports a solid buy recommendation for patient investors, though immediate volatility is likely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.028761
AutoETS0.028805
AutoTheta0.029329
MSTL0.031843
MSTL_900.047172
MSTL_1260.064027
MSTL_90_1260.078766

Forecast horizon: 60 days | Selected: AutoARIMA

Forecast Reliability
Score 45%
H-stat 2.37
Ljung-Box p 0.000
Jarque-Bera p 0.066
Excess Kurtosis -0.97
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-28
Last Dividend Date 2026-06-28
Revenue per Share 18.341
Market Cap 4,098,820,608
Trailing P/E 16.89
Forward P/E 10.18
Beta 0.79
Profit Margins 27.46%
Website https://www.rocklandtrust.com

As of July 11, 2026, 5:17 a.m. EDT: Speculators are positioning for downside protection near current levels, evidenced by significantly higher implied volatility on near-term puts compared to calls. There is substantial open interest in in-the-money puts at the 85 strike, suggesting a perceived floor or hedging demand, while call interest is concentrated below the current price.


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 2.46
dividendYield 2.92
exDividendDate 2026-06-29
trailingAnnualDividendRate 2.41
trailingAnnualDividendYield 0.028625729
lastDividendValue 0.64
lastDividendDate 2026-06-29
dividendDate 2026-07-09

Info Dump

Attribute Value
52 Week Change 0.31198382
Address1 288 Union Street
All Time High 99.85
All Time Low 1.0
Ask 108.16
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 345,140
Average Daily Volume3 Month 379,734
Average Volume 379,734
Average Volume10Days 345,140
Beta 0.788
Bid 61.05
Bid Size 2
Board Risk 1
Book Value 72.923
City Rockland
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 2
Country United States
Crypto Tradeable 0
Currency USD
Current Price 84.95
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 85.405
Day Low 84.15
Display Name Independent Bank
Dividend Date 1,783,555,200
Dividend Rate 2.46
Dividend Yield 2.92
Earnings Call Timestamp End 1,784,318,400
Earnings Call Timestamp Start 1,784,318,400
Earnings Growth 0.567
Earnings Quarterly Growth 0.799
Earnings Timestamp 1,784,232,000
Earnings Timestamp End 1,784,232,000
Earnings Timestamp Start 1,784,232,000
Ebitda Margins 0.0
Enterprise To Revenue 4.726
Enterprise Value 4,141,328,384
Eps Current Year 7.32214
Eps Forward 8.34257
Eps Trailing Twelve Months 5.03
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 80.4866
Fifty Day Average Change 4.463394
Fifty Day Average Change Percent 0.05545512
Fifty Two Week Change Percent 31.198383
Fifty Two Week High 87.0
Fifty Two Week High Change -2.050003
Fifty Two Week High Change Percent -0.023563253
Fifty Two Week Low 61.55
Fifty Two Week Low Change 23.399998
Fifty Two Week Low Change Percent 0.3801787
Fifty Two Week Range 61.55 - 87.0
Financial Currency USD
First Trade Date Milliseconds 516,461,400,000
Five Year Avg Dividend Yield 3.26
Float Shares 47,714,322
Forward Eps 8.34257
Forward P E 10.182713
Full Exchange Name NasdaqGS
Full Time Employees 2,294
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits 876,227,968
Has Pre Post Market Data 1
Held Percent Insiders 0.01635
Held Percent Institutions 0.8883
Implied Shares Outstanding 48,249,803
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 0
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 4,098,820,608
Market State REGULAR
Max Age 86,400
Message Board Id finmb_279639
Most Recent Quarter 1,774,915,200
Net Income To Common 240,616,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,062,150,914
Number Of Analyst Opinions 7
Open 84.5
Operating Cashflow 355,036,000
Operating Margins 0.47547
Overall Risk 3
Payout Ratio 0.4791
Peg Ratio 11.0
Phone 781 878 6100
Previous Close 84.19
Price Eps Current Year 11.601799
Price Hint 2
Price To Book 1.1649274
Price To Sales Trailing12 Months 4.6778016
Profit Margins 0.27461
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.85714
Region US
Regular Market Change 0.7599945
Regular Market Change Percent 0.9027135
Regular Market Day High 85.405
Regular Market Day Low 84.15
Regular Market Day Range 84.15 - 85.405
Regular Market Open 84.5
Regular Market Previous Close 84.19
Regular Market Price 84.95
Regular Market Time 1,784,129,247
Regular Market Volume 55,633
Return On Assets 0.0107700005
Return On Equity 0.073189996
Revenue Growth 0.516
Revenue Per Share 18.341
Sand P52 Week Change 0.2043345
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 6
Shares Outstanding 48,249,803
Shares Percent Shares Out 0.0424
Shares Short 2,044,764
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,144,342
Short Name Independent Bank Corp.
Short Percent Of Float 0.056900002
Short Ratio 4.87
Source Interval 15
State MA
Symbol INDB
Target High Price 99.0
Target Low Price 82.0
Target Mean Price 92.14286
Target Median Price 94.0
Total Cash 755,689,024
Total Cash Per Share 15.637
Total Debt 828,358,016
Total Revenue 876,227,968
Tradeable 0
Trailing Annual Dividend Rate 2.41
Trailing Annual Dividend Yield 0.028625729
Trailing Eps 5.03
Trailing P E 16.888666
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 76.4056
Two Hundred Day Average Change 8.544395
Two Hundred Day Average Change Percent 0.11182944
Type Disp Equity
Volume 55,633
Website https://www.rocklandtrust.com
Zip 2,370