Independent Bank Statistics
Total Valuation
INDB has a market cap or net worth of $3.83 billion. The enterprise value is $3.87 billion.
Important Dates
The last earnings date was Thursday, April 16, 2026, after market close.
| Earnings Date | Apr 16, 2026 |
| Ex-Dividend Date | Mar 30, 2026 |
Share Statistics
INDB has 48.57 million shares outstanding. The number of shares has increased by 12.43% in one year.
| Current Share Class | 48.57M |
| Shares Outstanding | 48.57M |
| Shares Change (YoY) | +12.43% |
| Shares Change (QoQ) | -0.96% |
| Owned by Insiders (%) | 1.22% |
| Owned by Institutions (%) | 88.35% |
| Float | 47.97M |
Valuation Ratios
The trailing PE ratio is 15.64 and the forward PE ratio is 10.43.
| PE Ratio | 15.64 |
| Forward PE | 10.43 |
| PS Ratio | 4.36 |
| Forward PS | 3.56 |
| PB Ratio | 1.07 |
| P/TBV Ratio | 1.64 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 16.07 |
| EV / Sales | 4.41 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.32%.
| Return on Equity (ROE) | 7.32% |
| Return on Assets (ROA) | 1.08% |
| Return on Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | n/a |
| Weighted Average Cost of Capital (WACC) | 7.23% |
| Revenue Per Employee | $381,965 |
| Profits Per Employee | $104,890 |
| Employee Count | 2,294 |
| Asset Turnover | n/a |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, INDB has paid $68.69 million in taxes.
| Income Tax | 68.69M |
| Effective Tax Rate | 22.21% |
Stock Price Statistics
The stock price has increased by +35.72% in the last 52 weeks. The beta is 0.81, so INDB's price volatility has been lower than the market average.
| Beta (5Y) | 0.81 |
| 52-Week Price Change | +35.72% |
| 50-Day Moving Average | 77.88 |
| 200-Day Moving Average | 73.21 |
| Relative Strength Index (RSI) | 53.83 |
| Average Volume (20 Days) | 362,765 |
Short Selling Information
The latest short interest is 1.85 million, so 3.82% of the outstanding shares have been sold short.
| Short Interest | 1.85M |
| Short Previous Month | 1.96M |
| Short % of Shares Out | 3.82% |
| Short % of Float | 3.87% |
| Short Ratio (days to cover) | 5.76 |
Income Statement
In the last 12 months, INDB had revenue of $876.23 million and earned $240.62 million in profits. Earnings per share was $5.04.
| Revenue | 876.23M |
| Gross Profit | 876.23M |
| Operating Income | 386.11M |
| Pretax Income | 309.31M |
| Net Income | 240.62M |
| EBITDA | n/a |
| EBIT | n/a |
| Earnings Per Share (EPS) | $5.04 |
Full Income StatementBalance Sheet
The company has $728.98 million in cash and $776.26 million in debt, giving a net cash position of -$47.28 million or -$0.97 per share.
| Cash & Cash Equivalents | 728.98M |
| Total Debt | 776.26M |
| Net Cash | -47.28M |
| Net Cash Per Share | -$0.97 |
| Equity (Book Value) | 3.54B |
| Book Value Per Share | 72.92 |
| Working Capital | -19.44B |
Full Balance SheetCash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Depreciation & Amortization | n/a |
| Net Borrowing | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
| Gross Margin | n/a |
| Operating Margin | 44.06% |
| Pretax Margin | 35.30% |
| Profit Margin | 27.46% |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |