Independent Bank (INDB) Set to Post Quarterly Earnings on Thursday

Independent Bank (NASDAQ:INDB) is projected to release its Q3 2026 results after the market closes on Thursday, October 15th. Analysts expect the company to post earnings of $1.85 per share and revenue of $261.27 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Friday, October 16, 2026 at 10:00 AM ET.

Independent Bank (NASDAQ:INDB) last posted its quarterly earnings results on Thursday, July 16th. The bank reported $1.70 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.09). Independent Bank had a return on equity of 9.19% and a net margin of 20.31%. The company had revenue of $253.32 million during the quarter, compared to the consensus estimate of $257.50 million. On average, analysts expect Independent Bank to post $7.17 EPS for the current fiscal year and $8.22 EPS for the next fiscal year.

Independent Bank Price Performance

Independent Bank stock opened at $76.76 on Wednesday. The business’s 50 day simple moving average is $81.90 and its 200 day simple moving average is $81.05. Independent Bank has a 12 month low of $63.33 and a 12 month high of $87.50. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 11.64 and a beta of 0.78. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.20.

Independent Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Monday, September 28th were paid a $0.64 dividend. The ex-dividend date was Monday, September 28th. This represents a $2.56 annualized dividend and a dividend yield of 3.3%. Independent Bank’s payout ratio is presently 46.21%.

Insider Activity at Independent Bank

In other Independent Bank news, Director Thomas R. Venables sold 3,750 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $83.00, for a total transaction of $311,250.00. Following the sale, the director owned 17,649 shares of the company’s stock, valued at $1,464,867. The trade was a 17.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gerard F. Nadeau sold 5,307 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $84.69, for a total transaction of $449,449.83. Following the sale, the director directly owned 16,907 shares in the company, valued at $1,431,853.83. The trade was a 23.89% decrease in their position. The SEC filing for this sale provides additional information. 1.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Piper Sandler upgraded Independent Bank from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Independent Bank in a report on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods lowered their price objective on Independent Bank from $99.00 to $96.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $91.86.

Independent Bank Company Profile

Independent Bank Corp. is the bank holding company for Rockland Trust Company, a full-service community bank headquartered in Rockland, Massachusetts. Through Rockland Trust, the company provides banking and financial services to individuals, families, businesses, nonprofits and municipalities.

Its products and services include checking and savings accounts, certificates of deposit, residential and commercial lending, home equity loans, mortgages, cash management, online and mobile banking, and other treasury management solutions.