Independent Bank Corp. (INDB)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Independent Bank Corp. (INDB) is up 9.2% since the beginning of the year. At $79 per share, INDB is trading 9.1% below its 52-week high of $87. Investors who bought $1,000 worth of INDB shares 5 years ago would now be looking at an investment worth $1,151.

Independent Bank Corp. (INDB) has returned 9.21% so far this year and 32.65% over the past 12 months. Over the last ten years, INDB has returned 7.93% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Mar 27, 1990, INDB's average daily return is +0.10%, while the average monthly return is +1.33%. At this rate, an investment would double in approximately 4.4 years.

Historically, 56% of months were positive and 44% were negative. The best month was Jan 1992 with a return of +83.3%, while the worst month was Jun 1991 at -42.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, INDB closed higher 46% of trading days. The best single day was Jul 17, 1991 with a return of +50.0%, while the worst single day was Jan 11, 1991 at -33.3%.

Independent Bank Corp. has an annualized alpha of 16.97%, beta of 0.94, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since March 28, 1990.

• R2 of 0.09 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

INDB ranks 75 for risk / return — better than 75% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Independent Bank Corp. (INDB) and compare them to S&P 500 Index.

Independent Bank Corp. provided a 3.05% dividend yield over the last twelve months, with an annual payout of $2.41 per share. The company has been increasing its dividends for 31 consecutive years, earning it the status of a dividend aristocrat.

The table displays the monthly dividend distributions for Independent Bank Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Independent Bank Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Independent Bank Corp. was 85.71%, occurring on Jun 28, 1991. Recovery took 961 trading sessions.

The current Independent Bank Corp. drawdown is 7.21%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Independent Bank Corp. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Independent Bank Corp. is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.