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Independent Bank Corp. (INDB) Stock Grade
INDB · Financial Services
A+
Market Cap
$3.6B
P/E Ratio
17.6
Revenue Growth (YoY)
+19.8%
Net Margin
17.6%
Return on Equity
5.8%
Dividend Yield
3.0%
About Independent Bank Corp.'s fundamentals
Independent Bank Corp. is a regional bank with a $3.6B market capitalization that has demonstrated strong revenue growth of 19.8% year-over-year, with a net margin of 17.6% showing solid profitability relative to sales. The company trades at a P/E ratio of 17.6 and generates a 3.0% dividend yield for shareholders. However, the return on equity of 5.8% is relatively modest, suggesting the company generates limited profits from each dollar of shareholder equity compared to industry peers.