The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

INDB

Concerning the House

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

United States · www.rocklandtrust.com

The Long Run

FY 2011–2025 · 14 years

LineLatestCAGRTrend
Net income$205.12M+12.3%
Cash from ops$276.99M+14.7%
Quotation

$85.50

+0.17 (+0.2%)

52w hi$87.17
52w lo$62.86
Vol224.60K
As ofAug 13
The Verdict

Hold

Our score +0.37

Short+0.13
Medium+0.45
Long+0.71

computed 2026-08-13

By the Numbers

Independent Bank Corp.

Financial Services · Banks - Regional

Market cap$4.05B
Enterprise value$3.77B
Trailing P/E15.46x
Forward P/E10.29x
EV / EBITDA
P / S (ttm)4.27x
Profit margin28.6%
Return on equity8.2%
Revenue growth+41.5%
Earnings growth+41.8%
Debt / equity
Risk Metrics
Beta vs SPX0.99
Corr SPX0.53
Annual vol30.4%
Annual ret+23.6%
Sharpe0.78
Max DD-28.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.43
Sector+0.09
Technical+0.17
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$85.96$86.22$85.29$85.50224.60K
Aug 12$84.93$85.73$84.70$85.33231.00K
Aug 11$83.89$84.97$83.89$84.80199.30K
Aug 10$83.20$84.09$83.10$83.82273.90K
Aug 7$83.74$84.30$83.38$83.73195.80K