INDEPENDENT BANK CORP (INDB)
Financials · Regional Community Banking · NASDAQ
A $24.9B regional bank holding company serving small-to-mid market businesses and consumers across New England with diversified lending, deposit, and wealth management services.
What INDEPENDENT BANK CORP does
Independent Bank Corp. is a state-chartered bank holding company headquartered in Rockland, Massachusetts, whose sole subsidiary is Rockland Trust Company, a Massachusetts trust company chartered in 1907. The Bank operates over 150 retail branches and lending centers across Eastern Massachusetts, Worcester County, southern New Hampshire, and Rhode Island, offering a full suite of commercial lending, consumer lending, deposit products, investment management, and digital banking services to small-to-upper middle market businesses and consumers.
Themes: ["Regional community banking","Commercial lending","Residential mortgage lending","Deposit gathering","Investment advisory / wealth management","Digital banking services","New England / Northeast markets"]
Fundamentals
- Price$83.21 as of 2026-07-09 close
- Market cap$4.0B as of 2026-07-10
- 1-year return+24.6% as of 2026-07-09 close
- P/E16.65 as of 2026-07-10
- Net margin+34.7% as of 2026-07-10
- ROE+7.0% as of 2026-07-10
- Debt / equity0.13 as of 2026-07-10
- Revenue growth (YoY)+32.2% as of 2026-07-10
- Beta0.81 as of 2026-07-10
Dividend: yield +3.1%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Increased competition from larger commercial banks, savings banks, credit unions, online lenders, and non-bank financial institutions for both loan generation and deposit attraction","Credit risk from deterioration in borrower ability to repay loans, with concentration in real estate-secured lending in the New England market area","Interest rate risk and sensitivity to changes in deposit and borrowing rates, which impact net interest margin and funding costs"]
Competitors & peers
- Eastern Bank
- Berkshire Bank
- Salem Five Bancorp
- Cambridge Bancorp
- People's Federal Savings Bank
- Citizens Bank (regional operations)
- Bank of America (regional operations)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.