Independent Bank Corp. - Common Stock (INDB)
Financial Services › State Commercial Banks
Price History
Feb 9, 2026 — Mar 30, 2026Investment Snapshot
- Trading 3% below Graham Number — thin margin of safety
- Piotroski F-Score 4/9 — moderate financial health
- ROE of 4.8% — below-average profitability
- Dividend yield of 3.2%
Independent Bank Corp. - Common Stock (INDB) is a Financial Services company operating in State Commercial Banks, listed on the NASDAQ , with a market capitalisation of $3.6 billion . Key value metrics: P/E ratio 20.9, P/B ratio 1.01, Piotroski F-Score 4 out of 9 (moderate financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
Independent Bank Corp. - Common Stock — Fundamental Analysis Summary
Independent Bank Corp. - Common Stock (INDB) is trading 3% below its Graham Number of $76.00, offering a thin margin of safety. The stock carries an elevated trailing P/E ratio of 20.9x.
On financial health, INDB shows a moderate Piotroski F-Score of 4/9, and modest return on equity of 4.8% (sector average: 5.8%), and minimal leverage with a debt-to-equity ratio of 0.23.
StockPik's composite Value Score for INDB is 68/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
INDB shows earnings growing at 7%.
INDB pays a solid dividend yield of 3.2%.