Independent Bank Share Price Today
(NASDAQ: INDB)

Name: Independent Bank Share Price Today (NASDAQ: INDB) - Independent Bank Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Independent Bank share price is $66.65 & ₹5,771.76 as on 30 Jan 2025, 2.30 'hrs' IST

$66.65

▲

-0.33

(-0.49%)

Market is closed - opens 8 PM, 30 Jan 2025

View live Independent Bank share price in Dollar and Rupees. Guide to invest in Independent Bank stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Independent Bank, along with analyst recommendations, forecasts, and comprehensive financials.

Independent Bank share price movements

Today's Low: $65.88
Today's High: $67.86
$66.65
1.16%
Downside
Day's Volatility :2.92%
Upside
1.78%
52 Weeks Low: $45.11
52 Weeks High: $77.23
$66.65
32.32%
Downside
52 Weeks Volatility :41.59%
Upside
13.7%

Independent Bank (INDB) Returns

Period	Independent Bank Corp	Sector (Financials)	Index (Russel 2000)
3 Months	5.96%	8.8%	0.0%
6 Months	7.9%	16.9%	0.0%
1 Year	18.83%	30.7%	0.0%
3 Years	-20.98%	32.4%	-10.1%

Independent Bank (INDB) Key Statistics

in dollars & INR

Previous Close	$66.98
Open	$66.98
Today's High	$67.86
Today's Low	$65.88
Market Capitalization	$2.8B
Today's Volume	$135.4K
52 Week High	$77.23
52 Week Low	$45.11
Revenue TTM	$655.5M
Earnings Per Share (EPS)	$4.52
PE Ratio	14.82
Dividend Yield	3.57%
Profit Margin	30.03%
Quarterly Earnings Growth YOY	-0.27%
Return On Equity TTM	6.72%

How to invest in Independent Bank Stock (INDB) from India?

It is very easy for Indian residents to invest directly in Independent Bank from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Independent Bank stock in both Indian Rupees (INR) and US Dollars (USD). Search for Independent Bank or INDB on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Independent Bank or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Independent Bank shares which would translate to 0.013 fractional shares of Independent Bank as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Independent Bank, in just a few clicks!

Returns in Independent Bank (INDB) for Indian investors in Rupees

The Independent Bank stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Independent Bank investment value today

Current value as on today

₹1,23,124

Returns

₹23,124

(+23.12%)

Returns from Independent Bank Stock

₹18,827 (+18.83%)

Dollar Returns

₹4,297 (+4.3%)

Indian investors sentiment towards Independent Bank (INDB)

-53%

Period: Dec 30, 2025 to Jan 29, 2025. Change in 30 Days versus previous period

Search interest for Independent Bank Stock from India on INDmoney has decreased by -53% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Independent Bank

BlackRock Inc
14.59%
Vanguard Group Inc
11.84%
State Street Corp
5.38%
Dimensional Fund Advisors, Inc.
5.37%
Victory Capital Management Inc.
2.45%
Geode Capital Management, LLC
2.39%

Analyst Recommendation on Independent Bank

Hold

0%Buy

66%Hold

33%Sell

Based on 9 Wall street analysts offering stock ratings for Independent Bank(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Independent Bank Stock (INDB)

What analysts predicted

Upside of 17.4%

Target:

$78.25

Current:

$66.65

Insights on Independent Bank Stock (Ticker Symbol: INDB)

Price Movement
In the last 7 days, INDB stock has moved up by 1.2%
Increasing Revenue
Revenue is up for the last 6 quarters, 183.30M → 248.94M (in $), with an average increase of 5.8% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 51.33M → 42.94M (in $), with an average decrease of 16.3% per quarter
INDB vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 51.4% return, outperforming this stock by 39.9%
INDB vs MFG (3 yr)
In the last 3 years, Mizuho Financial Group, Inc. has given 100.0% return, outperforming this stock by 119.6%
Price to Sales
ForINDB every $1 of sales, investors are willing to pay $4.3, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

INDB Independent Bank Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$386.7M	↑ 13.11%
Net Income	$121.6M	↑ 39.47%
Net Profit Margin	31.45%	↑ 5.94%

	FY19	Y/Y Change
Revenue	$508.4M	↑ 31.49%
Net Income	$165.2M	↑ 35.81%
Net Profit Margin	32.49%	↑ 1.04%

	FY20	Y/Y Change
Revenue	$477.5M	↓ 6.09%
Net Income	$121.2M	↓ 26.64%
Net Profit Margin	25.38%	↓ 7.11%

	FY21	Y/Y Change
Revenue	$507.4M	↑ 6.27%
Net Income	$121.0M	↓ 0.14%
Net Profit Margin	23.85%	↓ 1.53%

	FY22	Y/Y Change
Revenue	$727.9M	↑ 43.46%
Net Income	$263.8M	↑ 118.04%
Net Profit Margin	36.24%	↑ 12.39%

	FY23	Y/Y Change
Revenue	$795.7M	↑ 9.32%
Net Income	$239.5M	↓ 9.22%
Net Profit Margin	30.1%	↓ 6.14%

	Q2 FY23	Q/Q Change
Revenue	$183.3M	↓ 2.1%
Net Income	$62.6M	↑ 2.28%
Net Profit Margin	34.18%	↑ 1.47%

	Q3 FY23	Q/Q Change
Revenue	$183.4M	↑ 0.07%
Net Income	$60.8M	↓ 2.93%
Net Profit Margin	33.15%	↓ 1.03%

	Q4 FY23	Q/Q Change
Revenue	$207.2M	↑ 12.95%
Net Income	$54.8M	↓ 9.88%
Net Profit Margin	26.45%	↓ 6.7%

	Q1 FY24	Q/Q Change
Revenue	$237.7M	↑ 14.76%
Net Income	$47.8M	↓ 12.83%
Net Profit Margin	20.09%	↓ 6.36%

	Q2 FY24	Q/Q Change
Revenue	$243.5M	↑ 2.4%
Net Income	$51.3M	↑ 7.45%
Net Profit Margin	21.08%	↑ 0.99%

	Q3 FY24	Q/Q Change
Revenue	$248.9M	↑ 2.26%
Net Income	$42.9M	↓ 16.33%
Net Profit Margin	17.25%	↓ 3.83%

	FY18	Y/Y Change
Profit	$383.2M	↑ 12.11%

	FY19	Y/Y Change
Profit	$508.4M	↑ 32.67%

	FY20	Y/Y Change
Profit	$477.5M	↓ 6.09%

	FY21	Y/Y Change
Profit	$507.4M	↑ 6.27%

	FY22	Y/Y Change
Profit	$727.9M	↑ 43.46%

	FY23	Y/Y Change
Profit	$795.7M	↑ 9.32%

	Q2 FY23	Q/Q Change
Profit	$183.3M	↓ 2.1%

	Q3 FY23	Q/Q Change
Profit	$183.4M	↑ 0.07%

	Q4 FY23	Q/Q Change
Profit	$207.2M	↑ 12.95%

	Q1 FY24	Q/Q Change
Profit	$237.9M	↑ 14.84%

	Q2 FY24	Q/Q Change
Profit	$211.6M	↓ 11.06%

	Q3 FY24	Q/Q Change
Profit	$217.3M	↑ 2.68%

	FY18	Y/Y Change
Operating Cash Flow	$141.8M	↑ 8.35%
Investing Cash Flow	$-387.5M	↑ 22.33%
Financing Cash Flow	$283.0M	↑ 157.56%

	FY19	Y/Y Change
Operating Cash Flow	$216.5M	↑ 52.66%
Investing Cash Flow	$20.2M	↓ 105.2%
Financing Cash Flow	$-336.2M	↓ 218.78%

	FY20	Y/Y Change
Operating Cash Flow	$64.6M	↓ 70.15%
Investing Cash Flow	$-488.2M	↓ 2521.68%
Financing Cash Flow	$1.6B	↓ 566.81%

	FY21	Y/Y Change
Operating Cash Flow	$190.2M	↑ 194.29%
Investing Cash Flow	$-63.1M	↓ 87.07%
Financing Cash Flow	$817.0M	↓ 47.94%

	FY22	Y/Y Change
Operating Cash Flow	$421.2M	↑ 121.43%
Investing Cash Flow	$-1.0B	↑ 1484.63%
Financing Cash Flow	$-1.3B	↓ 260.16%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$90.8M	↑ 76.36%
Investing Cash Flow	$-146.1M	↑ 411.51%
Financing Cash Flow	$-139.0M	↓ 209.68%

Independent Bank Technicals Summary

Sell

Neutral

Buy

Independent Bank is currently in a neutral trading position according to technical analysis indicators.

Independent Bank (INDB) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Independent Bank Corp	3.83%	7.9%	18.83%	-20.98%	-18.63%
U.s. Bancorp	-0.36%	9.61%	14.73%	-18.1%	-11.23%
Icici Bank Ltd.	-4.05%	-0.49%	17.42%	31.85%	98.54%
Pnc Financial Services Group, Inc.	4.84%	14.88%	33.71%	-1.85%	35.2%
Truist Financial Corp	9.36%	9.43%	28.01%	-24.48%	-9.64%
Mizuho Financial Group, Inc.	12.07%	21.51%	50.55%	101.47%	85.14%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Independent Bank Corp	14.82	14.82	11.0	5.42	0.07	0.01	0.04	70.08
U.s. Bancorp	12.78	12.78	1.19	4.36	0.1	0.01	0.04	33.35
Icici Bank Ltd.	18.15	18.15	0.0	1.51	0.19	0.02	0.01	364.76
Pnc Financial Services Group, Inc.	14.71	14.71	1.92	15.34	0.1	0.01	0.03	124.56
Truist Financial Corp	8.99	NA	1.94	4.02	-0.1	-0.01	0.05	44.46
Mizuho Financial Group, Inc.	12.93	12.93	0.94	0.0	0.07	0.0	0.03	4037.29

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Independent Bank Corp	Hold	$2.8B	-18.63%	14.82	30.03%
U.s. Bancorp	Hold	$75.6B	-11.23%	12.78	22.02%
Icici Bank Ltd.	Buy	$101.9B	98.54%	18.15	28.91%
Pnc Financial Services Group, Inc.	Buy	$80.1B	35.2%	14.71	25.11%
Truist Financial Corp	Buy	$62.2B	-9.64%	8.99	-10.68%
Mizuho Financial Group, Inc.	Buy	$68.4B	85.14%	12.93	21.91%

Independent Bank Dividend announcements

Independent Bank Dividends December, 2024
In the quarter ending December,2024. Independent Bank has declared dividend of $0.57
Read More

About Independent Bank

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. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It 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, the company 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; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; 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, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

Organization	Independent Bank
Employees	1787
CEO	Mr. Jeffrey J. Tengel
Industry	Finance

Management People of Independent Bank

Name	Title
Mr. Jeffrey J. Tengel	President, CEO & Director
Mr. Mark J. Ruggiero CPA	Chief Financial Officer
Ms. Maria S. Harris	Executive VP & Chief Human Resource Officer of Rockland Trust Company
Mr. James Rizzo	Executive VP & Chief Commercial Banking Officer of Rockland Trust Company
Mr. David Byron Smith C.F.A.	Executive VP & Chief Investment Officer
Ms. Maureen A. Gaffney	Senior VP, Controller & Principal Accounting Officer
Ms. Patricia M. Natale Esq.	Executive VP & General Counsel
Mr. Alastair Ironside	Executive VP & Chief Marketing Officer
Timothy C. Lane	Senior VP & Chief Internal Auditor
Ms. Margaret McCarthy	Executive VP & Chief Retail Banking Officer

Important FAQs about investing in INDB Stock from India :

What is Independent Bank share price today?

Independent Bank share price today stands at $66.65, Open: $66.98 ; Previous Close: $66.98 ; High: $67.86 ; Low: $65.88 ; 52 Week High: $77.23 ; 52 Week Low: $45.11.

The stock opens at $66.98, after a previous close of $66.98. The stock reached a daily high of $67.86 and a low of $65.88, with a 52-week high of $77.23 and a 52-week low of $45.11.

Can Indians buy Independent Bank shares?

Yes, Indians can invest in the Independent Bank (INDB) from India.

With INDmoney, you can buy Independent Bank at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Independent Bank at zero transaction cost.

How can I buy Independent Bank shares from India?

It is very easy to buy Independent Bank from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Independent Bank (INDB) be purchased?

Yes, you can buy fractional shares of Independent Bank with INDmoney app.

What are the documents required to start investing in Independent Bank stocks?

To start investing in Independent Bank, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.