Research Analysts Offer Predictions for INDB Q3 Earnings

Independent Bank Corp. (NASDAQ:INDB) – Equities research analysts at Seaport Res Ptn upped their Q3 2025 earnings per share estimates for Independent Bank in a report issued on Monday, October 21st. Seaport Res Ptn analyst L. Hunsicker now anticipates that the bank will post earnings of $1.34 per share for the quarter, up from their prior estimate of $1.31. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Independent Bank’s current full-year earnings is $4.49 per share. Seaport Res Ptn also issued estimates for Independent Bank’s Q4 2025 earnings at $1.41 EPS and FY2025 earnings at $5.26 EPS.

Several other equities research analysts have also recently commented on INDB. StockNews.com cut Independent Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, September 17th. Keefe, Bruyette & Woods increased their price target on shares of Independent Bank from $62.00 to $65.00 and gave the stock a “market perform” rating in a report on Monday. Finally, Raymond James upgraded Independent Bank from a “market perform” rating to a “strong-buy” rating and set a $74.00 target price on the stock in a research report on Monday. One analyst has rated the stock with a sell rating, one has given a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.50.

Independent Bank Stock Performance

Shares of INDB stock opened at $62.74 on Wednesday. Independent Bank has a 52-week low of $44.63 and a 52-week high of $68.75. The stock’s 50-day moving average price is $60.55 and its 200 day moving average price is $55.22. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $2.66 billion, a PE ratio of 12.11 and a beta of 0.74.

Independent Bank (NASDAQ:INDB) last issued its quarterly earnings data on Thursday, October 17th. The bank reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.02. Independent Bank had a net margin of 22.42% and a return on equity of 7.41%. The company had revenue of $250.07 million for the quarter, compared to the consensus estimate of $173.24 million. During the same period last year, the firm posted $1.38 EPS.

Independent Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Monday, September 30th were paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend was Monday, September 30th. Independent Bank’s dividend payout ratio (DPR) is 44.02%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System boosted its position in Independent Bank by 0.9% during the second quarter. Louisiana State Employees Retirement System now owns 21,400 shares of the bank’s stock worth $1,085,000 after purchasing an additional 200 shares in the last quarter. CWM LLC lifted its position in shares of Independent Bank by 2.7% in the second quarter. CWM LLC now owns 8,704 shares of the bank’s stock valued at $441,000 after acquiring an additional 232 shares in the last quarter. Aries Wealth Management boosted its stake in shares of Independent Bank by 1.5% during the second quarter. Aries Wealth Management now owns 16,122 shares of the bank’s stock valued at $818,000 after acquiring an additional 232 shares during the last quarter. Stablepoint Partners LLC increased its position in Independent Bank by 1.2% during the 3rd quarter. Stablepoint Partners LLC now owns 23,033 shares of the bank’s stock worth $1,362,000 after purchasing an additional 283 shares in the last quarter. Finally, Illinois Municipal Retirement Fund raised its stake in Independent Bank by 1.8% in the 1st quarter. Illinois Municipal Retirement Fund now owns 25,325 shares of the bank’s stock valued at $1,317,000 after purchasing an additional 443 shares during the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Independent Bank Company Profile

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.