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Independent Bank Corp. (INDB) Stock Grade
INDB · Financial Services
B+
Market Cap
$3.8B
P/E Ratio
17.6
Revenue Growth (YoY)
+19.8%
Net Margin
17.6%
Return on Equity
5.8%
Dividend Yield
3.2%
About Independent Bank Corp.'s fundamentals
Independent Bank Corp. is a regional bank with a market capitalization of $3.8 billion, currently trading at a P/E ratio of 17.6x earnings. The company demonstrated strong revenue growth of 19.8% year-over-year and maintains a healthy net profit margin of 17.6%, indicating effective operational efficiency. However, its return on equity of 5.8% is relatively modest, suggesting limited profitability relative to shareholder capital. The company offers a dividend yield of 3.2% to shareholders.