Independent Bank Corp (INDB) Stock Price & Analysis
Independent Bank Corp (INDB) rose 1.46% to USD 80.61 as of June 10, 2026 at 02:21 UTC, according to Nexqual real-time market data.
INDB last closed at USD 79.45; the session ranged USD 79.97–81.76 on volume of 232,518 shares. Market capitalization is $3.89B, with a 52-week range of USD 57.01–87 (NMS). Source: Nexqual, June 10, 2026 at 02:21 UTC.
Key Statistics (as of June 10, 2026 at 02:21 UTC)
| Price | USD 80.61 |
|---|---|
| Change | ▲ 1.46% (up) |
| Previous Close | USD 79.45 |
| Open | USD 79.97 |
| Day Range | USD 79.97 – 81.76 |
| 52-Week Range | USD 57.01 – 87 |
| Volume | 232,518 shares |
| Market Cap | $3.89B |
| Exchange | NMS |
Technical Analysis (INDB)
Nexqual's technical model rates INDB "STRONG BUY" based on 5 bullish and 0 bearish signals across 124 daily candles, as of June 10, 2026 at 02:21 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 58.69 (neutral) |
| vs SMA50 | Above (USD 78.17) |
| MACD | 0.45 (positive) |
Analyst Ratings (INDB)
Wall Street analysts rate INDB "None" based on 7 analysts, with a mean price target of USD 90.57 (range USD 82–97), per Nexqual as of June 10, 2026 at 02:21 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 90.57 |
| High Target | USD 97 |
| Low Target | USD 82 |
| Buy / Hold / Sell | 5 / 1 / 1 |
Earnings (INDB)
| Next Earnings Date | 2026-04-16 |
|---|---|
| EPS Estimate | USD 1.78 |
| Revenue Estimate | $258.24M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD 1.68 vs est 1.66 ▲ beat |
| 2025-12-31 | USD 1.7 vs est 1.65 ▲ beat |
| 2025-09-30 | USD 1.55 vs est 1.54 ▲ beat |
| 2025-06-30 | USD 1.25 vs est 1.21 ▲ beat |
Source: Nexqual, June 10, 2026 at 02:21 UTC.
Financials & Fundamentals (INDB)
| Total Revenue | $876.23M |
|---|---|
| Revenue Growth (YoY) | +51.60% |
| Gross Margin | +0.00% |
| Operating Margin | +47.55% |
| Profit Margin | +27.46% |
| ROE | +7.32% |
| Total Cash | $755.69M |
| Total Debt | $828.36M |
Source: Nexqual, June 10, 2026 at 02:21 UTC.
Financial Health Score (INDB)
Nexqual rates Independent Bank Corp's overall financial health "Mixed" across five dimensions, as of June 10, 2026 at 02:21 UTC.
| Growth | Strong — Revenue +24% YoY (annual) |
|---|---|
| Profitability | Critical — Gross margin 0% |
| Balance Sheet | Mixed — $756M cash vs $828M debt |
| Cash Flow | Solid — Operating cash flow $355M |
| Efficiency | Mixed — ROE 7%, ROA 1.1% |
Ownership (INDB)
| Insider Ownership | +1.64% |
|---|---|
| Institutional Ownership | +88.95% |
| Shares Outstanding | 48.25M |
| Float | 47.71M |
| Short % of Float | +5.97% |
Source: Nexqual, June 10, 2026 at 02:21 UTC.
Leadership (INDB)
Independent Bank Corp is led by Jeffrey J. Tengel (age 62), President, CEO & Director, per Nexqual as of June 10, 2026 at 02:21 UTC.
| President, CEO & Director | Jeffrey J. Tengel (age 62) |
|---|---|
| Chief Financial Officer | Mark J. Ruggiero (age 48) |
| Executive VP & Chief Marketing Officer | Alastair Ironside |
Major Backers & Investors (INDB)
Notable institutional backers of Independent Bank Corp include Rockland Trust Company, Alliancebernstein L.P., Deprince, Race & Zollo, Inc., according to Nexqual as of June 10, 2026 at 02:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Rockland Trust Company | 3.04% |
| Alliancebernstein L.P. | 3.01% |
| Deprince, Race & Zollo, Inc. | 2.14% |
| Citadel | 2.04% |
| Delaware Group Equity Funds V-Nomura Small Cap Core Fund | 1.56% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 23.43% |
| Vanguard Group | 19.63% |
| State Street | 6.12% |
| Dimensional Fund Advisors | 5.32% |
| Geode Capital | 2.61% |
Source: Nexqual, June 10, 2026 at 02:21 UTC.
From Independent Bank Corp's Latest SEC 10-K Filing (filed 2026-02-27)
Partnerships
- The Bank provides a wide range of banking, investment and financial services, operating with over 150 retail branches, as well as a network of commercial and residential lending centers, and investment management offices primarily in Eastern Massachusetts, as well as in Worcester County, southern New Hampshire, and Rhode Island.
- Rockland Trust also offers tuition reimbursement through a decades-long partnership with Bay Path University and other colleges and universities.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| LKFN | Lakeland Financial Corporation | USD 60.37 | ▲ 0.63% |
| NBTB | NBT Bancorp Inc. | USD 47.21 | ▲ 1.72% |
| CHCO | City Holding Company | USD 128.18 | ▲ 1.1% |
| STBA | S&T Bancorp, Inc. | USD 46.51 | ▲ 2% |
| FRME | First Merchants Corporation | USD 40.62 | ▲ 1.73% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 02:21 UTC. This page is informational and not investment advice.