Independent Bank Corp.
INDBFinancial ServicesNASDAQBanks - Regional · Last scanned Jul 18, 2026
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Daily timeframeIndependent 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 in the United States. The company carries a $4.02B market cap, placing it firmly in the mid-cap category. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit.
Market Cap
$4.02B
Beta
0.79
P/E (TTM)
16.80
P/E (Fwd)
10.17
EPS (TTM)
$5.03
EPS (Fwd)
$8.31
ROE
7.3%
ROA
1.1%
Cash
$755.7M
Total Debt
$828.4M
Free CF
—
52W Change
21.6%
Annual Financials
Cash vs Debt
The company holds $755.7M in cash, though total debt stands at $828.4M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. ROE of 7.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $720.2M to $849.0M.
Investors considering Independent Bank Corp. should weigh the typical risks associated with INDB's sector, size, and financial profile against their own risk tolerance and investment objectives. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Independent Bank Corp.'s trajectory.