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Saturday 17 October 2026 Export INDB’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Independent Bank Corp. (INDB) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Independent Bank Corp. (INDB) trades at a P/E ratio of 14.4×. Over the past ten years it has ranged from 7.4× (June 2023) to 27.0× (March 2021); the current reading is higher than 23% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 16.4× 15.64%
FY2024 14.2× 17.93%
FY2023 12.0× (16.81%)
FY2022 14.5× (35.20%)
FY2021 22.3× 11.62%
FY2020 20.0× 20.91%
FY2019 16.6× 3.81%
FY2018 15.9× (26.82%)
FY2017 21.8× (10.19%)
FY2016 24.3× 30.37%

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.1× 1.27%
Mar 2026 14.9× (9.13%)
Dec 2025 16.4× (2.42%)
Sep 2025 16.8× 18.55%
42 more quarters

Against its own ten years

Low 7.4× High 27.0×
Ten-year median 17.3×
Current reading's percentile 25

P/E ratio against peers

Company P/E ratio
WSBC WesBanco, Inc. compare 10.8×
CATY Cathay General Bancorp compare 11.6×
TCBI Texas Capital Bancshares, Inc. compare 11.7×
RNST Renasant Corporation compare 11.9×
WSFS WSFS Financial Corporation compare 12.8×
INDB Independent Bank Corp. 14.4×
BANF BancFirst Corporation compare 14.5×
CVBF CVB Financial Corporation compare 15.1×
NIC Nicolet Bankshares Inc. compare 18.2×
Banks Regional industry median 12.0×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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