Independent Bank Corp.

INDB Financial Banks Regional

Independent Bank Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 19.4% from fiscal 2024. In the quarter to June 2026, revenue grew 31.4%, EPS grew 41.7%, free cash flow fell 34.6% and total debt fell 7.63%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, revenue growth for five.

79.88 2.80 +3.63%
Market cap
$3.7B
P/E
14.4×
Fwd P/E
10.9×
Dividend yield
3.14%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Older periods Sep '25 Dec '25 Mar '26 Jun '26
P/E ratio

+8 more quarters

16.83 16.42 14.92 15.11
P/S ratio
3.20 2.88 2.93 3.01
P/FCF ratio
17.26 14.10 10.84 13.23
P/Operating CF
66.21 42.75 31.42 54.81
P/B ratio
0.97 0.95 1.04 1.15
Price to Tangible BV
1.49 1.44 1.58 1.75
EV/Sales
3.07 2.92 2.96 2.78
EV/EBITDA
0.00 0.00 0.00 0.00
EV/Operating CF
15.41 13.63 10.49 11.56
EV/FCF
16.56 14.30 10.97 12.23
Quick Ratio
0.05 0.04 0.04 0.05
Current Ratio
0.95 0.95 0.94 0.94
Net Debt/EBITDA
0.00 0.00 0.00 0.00
Debt/Assets
3.10% 3.31% 3.13% 2.81%
Debt/Equity
0.22 0.23 0.22 0.20
Asset Turnover
0.05 0.05 0.06 0.06
Operating CF/Net income
1.52 1.05 1.47 0.90
Capex/Depreciation
(0.19) (0.31) (0.55) (0.62)
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
50.17% 41.22% 41.90% 42.13%
Intangible Assets out of Total Assets
0.05 0.05 0.05 0.05
Share Based Compensation of Revenue
0.67% 0.56% 0.70% 1.00%
Graham Net Nets
(0.65) (0.66) (0.61) (0.56)
Graham Number
81.05 87.94 90.57 95.45
Earnings Yield
5.94% 6.09% 6.70% 6.62%
Free Cash Flow Yield
5.79% 7.09% 9.22% 7.56%
Revenue per Share
6.71 7.34 6.75 6.90
Operating CF per Share
1.04 1.71 2.39 1.53
Capex per Share
(0.05) (0.07) (0.11) (0.13)
Free Cash Flow per Share
1.00 1.64 2.28 1.40
Cash per Share
18.33 16.82 15.00 20.94
Shareholders Equity per Share
71.03 77.23 72.33 73.09
Interest Debt per Share
0.00 0.00 0.00 0.00
Book value per Share
71.03 77.23 72.33 73.09
Free Cash Flow
49.68 75.83 111.61 67.04
Working Capital
(1,101.44) (1,000.36) (1,111.33) (1,165.65)
Capital Expenditures
(2.48) (3.11) (5.60) (6.36)
Net Current Asset Value
(2,251.92) (2,220.74) (2,255.36) (2,235.06)
EV/EBIT
0.00 0.00 0.00 0.00
Capex to Sales
0.01 0.01 0.02 0.02
Price to Operating Income
13.31 11.18 10.50 10.33
Other line items
Average Payables
17,868.45 17,716.39 17,886.77 18,142.93
Average Assets
22,200.68 22,143.23 22,335.90 22,511.41
Average Common Equity
3,262.02 3,279.42 3,287.72 3,293.61

Fold the line items

Columns are period end dates