NASDAQ: INDBIndependent Bank Corp Stock
$65.15-0.03 (-0.05%)
Updated Mar 26, 2025
INDB Price
$65.15
Fair Value Price
$95.43
Market Cap
$2.78B
52 Week Low
$45.11
52 Week High
$77.23
P/E
14.41x
P/B
0.93x
P/S
4.18x
PEG
0.93x
Dividend Yield
3.5%
Revenue
$653.49M
Earnings
$192.08M
Gross Margin
100%
Operating Margin
37.82%
Profit Margin
29.4%
Debt to Equity
5.47
Operating Cash Flow
$230M
Beta
0.95
Next Earnings
Apr 16, 2025
Ex-Dividend
N/A
Next Dividend
N/A
INDB Overview
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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Zen Rating
Our proven quant model uses 115 proprietary factors, including AI, to determine INDB's potential to beat the market
DSell
- Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More
Zen Rating Component Grades
C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.
Industry: Bank
Industry Rating
F
INDB
Ranked#273 of 292
Ranked#273 of 292
Top Ranked Stocks in Industry
| Name / Ticker | Price | Zen Rating |
|---|---|---|
| $33.84 | B | |
| $29.46 | B | |
| $30.01 | B |
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INDB News
Overview
Due Diligence Score
–
Industry Average (33)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how INDB scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
INDB ($65.15) is undervalued by 31.73% relative to our estimate of its Fair Value price of $95.43 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
INDB ($65.15) is significantly undervalued by 31.73% relative to our estimate of its Fair Value price of $95.43 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
INDB ($65.15) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more INDB due diligence checks available for Premium users.
Valuation
INDB fair value
Fair Value of INDB stock based on Discounted Cash Flow (DCF)
Price
$65.15
Fair Value
$95.43
Undervalued by
31.73%
INDB ($65.15) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
INDB ($65.15) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
INDB ($65.15) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
INDB price to earnings (PE)
For valuing profitable companies with steady earnings
Company
14.41x
Industry
13.07x
Market
31.65x
INDB is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
INDB is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
INDB price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.93x
Industry
1.14x
INDB is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
INDB price to earnings growth (PEG)
For valuing profitable companies with growth potential
INDB is good value based... subscribe to Premium to read more.
PEG Value Valuation
INDB's financial health
Profit margin
Revenue
$169.4M
Net Income
$50.0M
Profit Margin
29.5%
INDB's Earnings (EBIT) of $247.13M... subscribe to Premium to read more.
Interest Coverage Financials
INDB's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$19.4B
Liabilities
$16.4B
Debt to equity
5.47
INDB's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
INDB's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$42.9M
Investing
-$127.5M
Financing
-$119.9M
INDB's operating cash flow ($229.92M)... subscribe to Premium to read more.
Debt Coverage Financials
INDB vs Bank Stocks
Independent Bank Stock FAQ
Company
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