Independent Bank Corp.
$79.23
▲
0.75%
2026-04-21 07:30:01
www.rocklandtrust.com
NMS: INDB
Explore Independent Bank Corp. stock price, valuation, financial statements, dividend history, analyst estimates, and long-term business fundamentals on StockSifting.
Market Cap
$3.85 B
Current Price
$79.23
52W High / Low
$87 / $52.15
Stock P/E
15.99
Book Value
$72.41
Dividend Yield
3.23%
ROCE
—
ROE
6.25%
Face Value
—
EPS
$4.44
Exp Qtr EPS
—
Sector
Financial Services
Industry
Banks - Regional
Employees
2,294
Beta
0.81
Debt / Equity
0.23
Current Ratio
—
Quick Ratio
—
Forward P/E
9.58
Price / Sales
4.92
Enterprise Value
$4.06 B
EV / EBITDA
—
EV / Revenue
5.12
Rating
Buy
Target Price
$90
EPS Forecast (FY)
—
Pros
- Balance sheet leverage appears manageable.
- Strong operating margin profile.
- Net margin remains healthy.
- Valuation is not stretched on P/E basis.
- Meaningful dividend yield is available.
Cons
- Return on equity is on the weaker side.
Sift Stocks
| S.No. | Name | Price | P.E. | Market Cap | Div Yld % | ROCE | ROE | 52Week High/ Low | Book Value |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Banner Corporation | $64.84 | 11.24 | $2.2 B | 3.1% | — | 10.5% | $69.83 / $57.05 | $57.08 |
| 2. | Hoyne Bancorp, Inc. | $16 | — | $129.55 M | — | — | 0.19% | $16.14 / $13.35 | $19.93 |
| 3. | Merchants Bancorp | $49.89 | 10.48 | $2.29 B | 0.88% | — | 9.67% | $49.97 / $27.25 | $37.69 |
| 4. | Bank OZK | $49.24 | 7.81 | $5.59 B | 3.7% | — | 12.09% | $53.66 / $39.82 | $52.46 |
| 5. | Central Plains Bancshares, Inc. | $17.53 | 18.93 | $73.68 M | — | — | 4.61% | $17.89 / $14.23 | $22.42 |
| 6. | Metropolitan Bank Holding Corp. | $91.35 | 16.07 | $1.14 B | 0.9% | — | 9.65% | $97.84 / $51.83 | $73.66 |
| 7. | Bank of Hawaii Corporation | $80.06 | 15.45 | $3.18 B | 3.5% | — | 11.7% | $82.73 / $59.36 | $37.91 |
Quarterly Results
Figures shown in M / B
| Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | |
|---|---|---|---|---|---|---|
| Sales | 245.44 M | 243.74 M | 179.82 M | 176.11 M | 174.92 M | — |
| Operating Profit | — | — | — | — | — | — |
| Net Profit | 75.33 M | 34.26 M | 51.1 M | 44.42 M | 50.03 M | — |
| EPS in Rs | 1.55 | 0.71 | 1.05 | 0.91 | 1.03 | — |
Profit & Loss
Figures shown in M / B
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 849.03 M | 683.11 M | 722.13 M | 720.25 M |
| Operating Profit | — | — | — | — |
| Net Profit | 205.12 M | 192.08 M | 239.5 M | 263.81 M |
| EPS in Rs | 4.22 | 3.95 | 4.93 | 5.43 |
Balance Sheet
Figures shown in M / B
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Total Assets | 24.91 B | 19.37 B | 19.35 B | 19.29 B |
| Total Liabilities | 21.35 B | 16.38 B | 16.45 B | 16.41 B |
| Equity | 3.57 B | 2.99 B | 2.9 B | 2.89 B |
| Current Assets | — | — | — | — |
| Current Liabilities | — | — | — | — |
Cash Flow
Last available yearly cash flow history
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating CF | 251.16 M | 229.92 M | 276.99 M | 421.2 M |
| Investing CF | 5.05 M | -33.01 M | -211.65 M | -1 B |
| Financing CF | 295.8 M | -201.35 M | -193.95 M | -1.31 B |
| Free CF | 239.03 M | 209.49 M | 261.15 M | 399.13 M |
| Capex | -12.13 M | -20.43 M | -15.84 M | -22.07 M |
5Y Margin & Growth History
Last 5 year derived history from yfinance annual statements
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Revenue Growth % | -5.4% | 0.26% | — | — |
| Earnings Growth % | -19.8% | -9.22% | — | — |
| Profit Margin % | 28.12% | 33.17% | 36.63% | — |
| Operating Margin % | — | — | — | — |
| Gross Margin % | — | — | — | — |
| EBITDA Margin % | — | — | — | — |
Dividend & Split History
Latest dividend and stock split events stored from yfinance
Dividend History
| Ex Date | Dividend |
|---|---|
| 2026-03-30 | $0.64 |
| 2025-12-29 | $0.59 |
| 2025-09-29 | $0.59 |
| 2025-06-30 | $0.59 |
| 2025-03-31 | $0.59 |
Stock Splits
No stock split history available.