Fiscal Year: January - December
Independent Bank Corp. (INDB), listed on the NASDAQ, has a market capitalization of $3.78B. As of May 11, 2026, the stock is trading at $78.28 per share@else an unavailable price , offering investors a clear view of its current market value. Independent Bank Corp. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 15.53, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Independent Bank Corp. also offers a dividend yield of 3.27%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Independent Bank Corp. (INDB) may be undervalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Independent Bank Corp. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Independent Bank Corp., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Independent Bank Corp. is 11.14, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Independent Bank Corp. (INDB) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Independent Bank Corp. (INDB) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be undervalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Independent Bank Corp. (INDB) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Independent Bank Corp.. To access the full SS Score, consider upgrading your subscription.
Independent Bank Corp. is a significant player in the industry sector, with a market capitalization of $3.78B and a competitive P/E ratio of 15.53. Investors should compare these metrics with industry peers to gauge whether Independent Bank Corp. is outperforming or underperforming within its sector.
Keefe Bruyette lowered the firm’s price target on Independent Bank (INDB) to $94 from $96 and keeps an Outperform rating on the shares.
Raymond James raised the firm’s price target on Independent Bank (INDB) to $97 from $94 and keeps a Strong Buy rating on the shares. Earnings and profitability are “on a
The company generated a return on average assets and a return on average common equity of 1.31% and 9.02%, respectively, for the first quarter of 2026, as compared to 1.20%
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2026 first quarter net income of $79.9 million, or $1.63...
Stephens initiated coverage of Independent Bank (INDB) with an Overweight rating and $88 price target The firm’s 2026 and 2027 EPS views are below consensus primarily on higher provisioning expectatio...
Stephens initiated coverage of Independent Bank (INDB) with an Overweight rating and $88 price target
Barclays raised the firm’s price target on Independent Bank (INDB) to $82 from $80 and keeps an Underweight rating on the shares. The firm adjusted targets in the mid-cap bank
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, announced the following details for its first quarter 2026 earnings rele...
The dividend will be payable on April 9, 2026, to stockholders of record as of the close of business on March 30, 2026.
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.64 per share dividend, re...
Piper Sandler assumed coverage of Independent Bank (INDB) with a Neutral rating with a price target of $84, down from $86. The firm sees relative near-term upside potential as limited.
Barclays downgraded Independent Bank (INDB) to Underweight from Equal Weight with an unchanged price target of $80. The firm says a “premium” is being placed on the bank’s organic growth
Keefe Bruyette raised the firm’s price target on Independent Bank (INDB) to $96 from $83 and keeps an Outperform rating on the shares.
Today, several major companies are expected to report earnings: Booz Allen (BAH), First Citizens BancShares (FCNCA), Independent Bank (INDB), Telefonaktiebolaget LM Ericsson (ERIC), Schlumberger (SLB)...
Reports Q4 net interest income up 4.5% y/y at $212.5M. The net interest margin of 3.77% increased 15 basis points when compared to the prior quarter, and the adjusted margin
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2025 fourth quarter net income of $75.3 million, or $1.5...
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, announced the following details for its fourth quarter 2025 earnings rel...
Barclays initiated coverage of Independent Bank (INDB) with an Equal Weight rating and $80 price target Independent has better tailwinds from fixed rate asset repricing than most banks, but its
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend. Th...
Virtual Meeting to be held on December 9 hosted by Seaport Research
Keefe Bruyette upgraded Independent Bank (INDB) to Outperform from Market Perform with a price target of $83, up from $80. The company reported a Q3 beat on better organic growth
Reports Q3 net interest margin of 3.62%, up 25 basis points when compared to the prior quarter, including an 8 basis point lift from acquired loan purchase accounting accretion. “Our
Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
| Year | FCF Estimate | % | # Analysts |
|---|---|---|---|
| 2026 | 372.73M | Est @ | |
| 2027 | 399.14M | 7.09% | Est @7.1% |
| 2028 | 422.33M | 5.81% | Est @5.8% |
| 2029 | 443.07M | 4.91% | Est @4.9% |
| 2030 | 460.88M | 4.02% | Est @4.0% |
| 2031 | 477.54M | 3.61% | Est @3.6% |
| 2032 | 493.41M | 3.32% | Est @3.3% |
| 2033 | 508.84M | 3.13% | Est @3.1% |
| 2034 | 523.02M | 2.79% | Est @2.8% |
| 2035 | 537.11M | 2.70% | Est @2.7% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
| Year | FCF | Discount Factor | PV of Future FCF |
|---|---|---|---|
| 2024A | 209.49M | 1.00 | 209.49M |
| 2025A | 239.03M | 1.00 | 239.03M |
| 2026E | 372.73M | 1.08 | 343.80M |
| 2027E | 399.14M | 1.18 | 339.59M |
| 2028E | 422.33M | 1.27 | 331.43M |
| 2029E | 443.07M | 1.38 | 320.72M |
| 2030E | 460.88M | 1.50 | 307.72M |
| 2031E | 477.54M | 1.62 | 294.10M |
| 2032E | 493.41M | 1.76 | 280.29M |
| 2033E | 508.84M | 1.91 | 266.62M |
| 2034E | 523.02M | 2.07 | 252.78M |
| 2035E | 537.11M | 2.24 | 239.44M |
| Terminal | 9.31B | 2.24 | 4.15B |
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