INDB
Independent Bank
NASDAQ: INDB · FINANCIAL SERVICES · BANKS - REGIONAL
$77.05
-2.18% today
Updated 2026-04-29
Market cap
$3.74B
P/E ratio
15.32
P/S ratio
4.27x
EPS (TTM)
$5.03
Dividend yield
3.06%
52W range
$55 – $86
Volume
0.3M
WallStSmart proprietary scores
73
out of 100
Grade: B
Buy
Investment rating
9.3
Growth
A+3.3
Quality
D7.0
Profitability
B+5.0
Valuation
C+2/9
Piotroski F-Score
Weak
-0.2
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →206 stocks currently score above 75
Price targets
Analyst target
$89.83
+16.59%
12-Month target
$75.21
-2.39%
Intrinsic (DCF)
—
Margin of safety
—
1 Strong Buy2 Buy1 Hold0 Sell1 Strong Sell
Price chart
X-Ray snapshot
Strengths
+ Profit margin 27.50% — above average
+ Free cash flow $75.53M — positive
+ Revenue growth 51.60% QoQ
Risks
- Piotroski 2/9 — weak financial health
- Altman Z -0.23 — distress zone
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $749.84M | $795.73M | $974.14M | $1.17B | $876.23M |
| Net income | $263.81M | $239.50M | $192.08M | $205.12M | $79.92M |
| EPS | — | — | — | — | $5.03 |
| Free cash flow | $399.13M | $261.15M | $209.49M | $239.03M | $75.53M |
| Profit margin | 35.18% | 30.10% | 19.72% | 17.57% | 27.50% |
Peer comparison
Smart narrative
Independent Bank trades at $77.05. representing a P/E of 15.32x trailing earnings. Our Smart Value Score of 73/100 indicates the stock is good. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of -0.23, it sits in the distress. TTM revenue stands at $876.23M. with profit margins at 27.50%.
Frequently asked questions
What is Independent Bank's stock price?
Independent Bank (INDB) trades at $77.05.
Is Independent Bank overvalued?
Smart Value Score 73/100 (Grade B, Buy).
What is the price target of Independent Bank (INDB)?
The analyst target price is $89.83, representing +16.6% upside from the current price of $77.05.
What is Independent Bank's revenue?
TTM revenue is $876.23M.
Piotroski F-Score?
2/9 — weak financial health.
Altman Z-Score?
-0.23 — distress.
Company info
SectorFINANCIAL SERVICES
IndustryBANKS - REGIONAL
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio4.27x
ROE7.32%
Beta0.81
50D MA$77.77
200D MA$73.26
Shares out0.05B
Float0.05B
Short ratio—
Avg volume0.3M
Performance
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