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.

Revenue
+3.14%
EPS
+175.4%
Free cash flow
−34.6%
Total debt
−19.1%

Quarter to September 2026, against a year earlier

84.62 1.80 −2.08%
Market cap
$4.0B
P/E
12.5×
Fwd P/E
11.5×
Dividend yield
2.97%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independent Bank Corp. (INDB) Book value per share

Alert me on Book value per share

Independent Bank Corp.'s book value per share at the end of fiscal 2025 was 77.2×, up 9.66% from 70.4× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 73.1×. Over the past ten years it has ranged from 29.8× (fiscal 2015) to 86.6× (fiscal 2021); the current reading is higher than 91% of that period. Independent Bank Corp. ranks 23rd of 326 Banks Regional companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 77.2× 9.66%
FY2024 70.4× 7.47%
FY2023 65.5× 5.27%
FY2022 62.3× (28.08%)
FY2021 86.6× 69.08%
FY2020 51.2× (1.67%)
FY2019 52.1× 33.81%
FY2018 38.9× 12.51%
FY2017 34.6× 5.59%
FY2016 32.7× 9.91%

Quarterly newest first

Period Book value per share Change
Sep 2026 73.1× 0.01%
Jun 2026 73.1× 1.05%
Mar 2026 72.3× (6.34%)
Dec 2025 77.2× 8.73%
43 more quarters

Against its own ten years

Low 29.8× High 86.6×
Ten-year median 52.1×
Current reading's percentile 91

Book value per share against peers

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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