Independent Bank (INDB) Projected to Post Earnings on Thursday

Independent Bank (NASDAQ:INDB) is projected to post its Q3 2025 results after the market closes on Thursday, October 16th. Analysts expect Independent Bank to post earnings of $1.54 per share and revenue of $242.6480 million for the quarter. Investors may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Friday, October 17, 2025 at 10:00 AM ET.

Independent Bank (NASDAQ:INDB) last released its quarterly earnings results on Wednesday, February 12th. The bank reported $1.01 EPS for the quarter. The business had revenue of $175.25 million during the quarter. Independent Bank had a return on equity of 6.39% and a net margin of 18.93%. On average, analysts expect Independent Bank to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Independent Bank Stock Performance

NASDAQ INDB opened at $67.81 on Tuesday. Independent Bank has a 1 year low of $52.15 and a 1 year high of $77.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 15.31 and a beta of 0.85. The company has a fifty day moving average price of $69.14 and a 200-day moving average price of $64.55.

Independent Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Monday, September 29th were issued a $0.59 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a $2.36 annualized dividend and a dividend yield of 3.5%. Independent Bank’s dividend payout ratio is currently 53.27%.

Institutional Investors Weigh In On Independent Bank

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its position in Independent Bank by 57.9% during the second quarter. Alliancebernstein L.P. now owns 1,703,144 shares of the bank’s stock worth $107,102,000 after purchasing an additional 624,833 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Independent Bank by 2.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 599,898 shares of the bank’s stock valued at $37,584,000 after buying an additional 11,714 shares in the last quarter. Bank of America Corp DE boosted its holdings in Independent Bank by 13.6% in the 2nd quarter. Bank of America Corp DE now owns 394,392 shares of the bank’s stock worth $24,801,000 after buying an additional 47,083 shares during the period. Basswood Capital Management L.L.C. boosted its holdings in Independent Bank by 126.5% in the 2nd quarter. Basswood Capital Management L.L.C. now owns 317,305 shares of the bank’s stock worth $19,954,000 after buying an additional 177,243 shares during the period. Finally, Public Sector Pension Investment Board grew its stake in Independent Bank by 7.8% in the 2nd quarter. Public Sector Pension Investment Board now owns 145,280 shares of the bank’s stock valued at $9,136,000 after buying an additional 10,546 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on INDB. Zacks Research downgraded Independent Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Independent Bank in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Independent Bank from a “sell” rating to a “hold” rating in a report on Sunday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Independent Bank has a consensus rating of “Hold” and an average price target of $71.00.

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.