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)
|
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 | MAE |
|---|---|
| AutoARIMA ✓ | 0.028761 |
| AutoETS | 0.028805 |
| AutoTheta | 0.029329 |
| MSTL | 0.031843 |
| MSTL_90 | 0.047172 |
| MSTL_126 | 0.064027 |
| MSTL_90_126 | 0.078766 |
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.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.77% | 3.28% | 3.74% | 3.41% |
| 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 |
| 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 |