Independent Bank Corp/MA (INDB) is a publicly traded Financial Services sector company. As of May 20, 2026, INDB trades at $78.95 with a market cap of $3.74B and a P/E ratio of 15.47. INDB moved +1.85% today. Year to date, INDB is +5.80%; over the trailing twelve months it is +23.08%. Its 52-week range spans $52.15 to $87.00. Analyst consensus is buy with an average price target of $90.00. Rallies surfaces INDB's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Independent Bank Corp Returns $94M, Boosts Dividend 8.5% and Lowers CRE Guidance: Independent Bank Corp returned $94M of capital to shareholders in Q1 2026, repurchasing 802,000 shares for $63M and raising its quarterly dividend by 8.5%. Management lowered CRE guidance from competitive markets and Eastern Massachusetts rent control, cited an uptick in criticized loans and plans a buyback to keep capital stable.
| Metric | Value |
|---|---|
| Price | $78.95 |
| Market Cap | $3.74B |
| P/E Ratio | 15.47 |
| EPS | $5.08 |
| Dividend Yield | 0.64% |
| 52-Week High | $87.00 |
| 52-Week Low | $52.15 |
| Volume | 281.82K |
| Avg Volume | 0 |
| Revenue (TTM) | $1.10B |
| Net Income | $240.62M |
| Gross Margin | 0.00% |
6 analysts cover INDB: 0 strong buy, 4 buy, 1 hold, 1 sell, 0 strong sell. Consensus rating is buy. Average price target: $90.00.