Independent Bank (NASDAQ:INDB) Stock Rating Upgraded by Piper Sandler
Piper Sandler upgraded Independent Bank (NASDAQ:INDB) from a "hold" to a "strong buy" rating, aligning with a broader "buy" consensus among analysts, who have an average price target of $91.86. Despite this upgrade, the bank recently reported quarterly earnings that missed expectations, with EPS of $1.70 against an anticipated $1.79, and revenue of $253.32 million compared to $257.50 million. The article also notes recent share sales by two directors and significant institutional ownership of 83.4%.
A director acquires 650.3 deferred stock units at Independent Bank (IBCP), settled in shares at retirement.
Independent Bank Corp. director Christina Keller acquired a total of 832.47 phantom stock units through two separate transactions on October 1, 2026 (650.3 units) and August 14, 2026 (182.17 units). These units were accrued under the company's Deferred Compensation and Stock Purchase Plan for Non-Employee Directors and will be settled in Independent Bank Corp. common stock upon her retirement. The value of these acquisitions totaled $21K and $7K respectively, based on the stock's fair market value at the time of deferral.
A director acquired 373.83 deferred stock units at Independent Bank (IBCP) on October 1.
Independent Bank director Michael J. Cok acquired 373.83 phantom stock units on October 1, 2026, in addition to 208.17 units acquired on August 14, 2026. These units are part of the company's Deferred Compensation and Stock Purchase Plan for Non-Employee Directors and will be settled in common stock upon his retirement. The number of units is calculated by dividing the accrual amount by 90% of the common stock's fair market value on the deferral date.
Independent Bank Corp Director Joan A. Budden Reports Acquisition of Phantom Stock Units and DRIP Shares
Independent Bank Corp Director Joan A. Budden recently acquired 259.02 Phantom Stock Units at $38.49 each and 14.8688 shares through a dividend reinvestment plan, as disclosed in a Form 4 SEC filing. These transactions increased her total direct Phantom Stock Units to 35,868.25 and her direct common stock holdings to 6,322.67 shares. The Phantom Stock Units will convert to common stock upon her retirement.
A director receives 292 shares of Independent Bank (IBCP), reporting 17,488 shares held directly.
Independent Bank Corp director William J. Boer acquired 292 common shares on October 1, 2026, through a grant/award transaction at $35.24 per share. Following this, his direct holdings reached 17,488 shares, which includes 122 shares from a dividend reinvestment program, and he also reported 28,124 shares held indirectly by a trust. This transaction details were officially filed as a Form 4.
Piper Sandler upgrades Independent Bank stock rating on valuation
Piper Sandler upgraded Independent Bank (NASDAQ:IBCP) to Overweight from Neutral, setting a price target of $42.00, citing the stock's discounted valuation compared to its peers and its potential for organic loan growth. The firm anticipates continued commercial-led loan growth and expects Independent Bank to benefit from market disruptions in Michigan. Independent Bank has demonstrated strong financial performance, including a 21% return over the past year and a 3.15% dividend yield, having raised its dividend for 12 consecutive years.
Piper Sandler upgrades Independent Bank stock rating on valuation By Investing.com
Piper Sandler has upgraded Independent Bank (NASDAQ:IBCP) from Neutral to Overweight, setting a price target of $42.00. The upgrade is based on the stock's valuation, which trades at a discount compared to its peers, and its potential for organic loan growth. The firm anticipates continued commercial-led loan growth and sees upside to net interest margin expectations in the second half of 2026.
Independent Bank Corporation Q3FY26 Results: Earnings release set for October 27
Independent Bank Corporation is scheduled to release its Q3 FY2026 financial results on October 27, 2026, at approximately 8:00 am ET, followed by a conference call at 11:00 am ET. The company, which operates Independent Bank and Highpoint Community Bank, reported total assets of about $6.3 billion as of July 1, 2026, and anticipates completing the full system integration of Highpoint Community Bank on November 9, 2026. This announcement comes after a strong Q2 2026 performance where net income rose to $18.8 million, and total assets grew to $5.66 billion by June 30, 2026.
Independent Bank Corporation Announces Date for Its Third Quarter 2026 Earnings Release
Independent Bank Corporation announced that it will release its third-quarter 2026 earnings on Tuesday, October 27, 2026, at approximately 8:00 AM ET. A conference call for investors and analysts will be held on the same day at 11:00 AM ET to review the results, with CEO Brad Kessel, CFO Gavin Mohr, and EVP Joel Rahn participating. The company, which has approximately $6.3 billion in total assets and operates 66 locations in Michigan, also mentioned the upcoming full system integration of Highpoint Community Bank on November 9, 2026.
INDB Archives
This article provides an overview of Independent Bank Corp (INDB), including its stock performance, financial fundamentals, and recent dividend payouts. It highlights INDB as a regional bank offering various services and notes an upcoming dividend deadline for the stock. The article also mentions other companies with significant dividend payouts.
Independent Bank Corp. (INDB) Stock forecasts
This page from Yahoo Finance provides information related to Independent Bank Corp. (INDB) stock forecasts. It appears to be a stub or a page with an error, as indicated by "Something went wrong" and "Error while retrieving data". The page includes various navigation links and market data for different regions and asset classes.
Independent Bank Group stock shifts in a $2 billion deal
Independent Bank Group's stock story is now defined by a $2 billion acquisition completed on January 1, 2025. This all-stock deal significantly expanded the acquiring bank's operations, adding $18.9 billion in assets, $15.7 billion in deposits, and $14.6 billion in loans. The transaction also broadened the bank's geographical footprint to include Texas and Colorado.
Independent Bank Corp stock holds near its yearly high
Independent Bank Corp (INDB) stock traded at USD 81.20 on September 22, 2026, near its yearly high despite second-quarter EPS and revenue missing consensus estimates. Analysts have varied price targets, with an average "Moderate Buy" rating standing above the current share price. The company declared a quarterly dividend of USD 0.64 per share, representing an 8.5% increase over the prior year's annual dividend.
533,209 Shares in Independent Bank Corp. $INDB Bought by Bank of America Corp DE
Bank of America Corp DE recently acquired 533,209 shares of Independent Bank Corp. (INDB) for approximately $44.6 million, increasing institutional ownership to 83.4%. Despite this, Independent Bank's latest quarterly earnings and revenue missed analyst expectations. The company declared a quarterly dividend of $0.64, and analysts currently hold a "Moderate Buy" rating with an average price target above its current share price.
Independent Bank Corp. (INDB) Stock Price, News, Quote & History
This article provides a comprehensive overview of Independent Bank Corp. (INDB), including its stock price performance, key financial metrics, and company profile. It highlights INDB's recent dividend announcement, historical performance against the S&P 500, and analyst insights. The company operates as a bank holding company offering various commercial banking products and services, primarily through Rockland Trust Company in the United States.
Is Independent Bank (INDB) Undervalued As Its Dividend Keeps The Income Case Intact?
Independent Bank (INDB) is currently considered 9% undervalued, trading at $82.24 against a fair value estimate of $90.57. The bank recently affirmed a quarterly dividend of $0.64 per share, contributing to a solid dividend and long-term total return record. However, potential challenges include credit stress in its commercial real estate book and execution risk from the Enterprise integration.
Independent Bank (NASDAQ: IBCP) officer plans $74K stock sale in 2026
An officer of Independent Bank Corp (IBCP), William B. Kessel, has filed a Rule 144 notice to sell 2,000 restricted shares of common stock, valued at $74,558. These shares, originally acquired as equity compensation on January 24, 2025, are planned for sale on Nasdaq through Stifel Nicolaus & Company on or after September 15, 2026. This filing indicates a planned insider sale under regulatory conditions.
Independent Bank Corp. (NASDAQ:INDB) Receives Average Rating of "Moderate Buy" from Analysts
Independent Bank Corp. (NASDAQ:INDB) has an average analyst rating of "Moderate Buy," with an average 12-month price target of $91.86. Despite this, the bank's latest quarterly results missed expectations for both EPS and revenue, and two directors recently reduced their holdings through share sales. The company announced a quarterly dividend of $0.64 per share, offering a 3.1% annual yield.
Why Is Independent Bank Corp. (NASDAQ:INDB) Drawing Attention?
Independent Bank Corp. (NASDAQ:INDB) is attracting attention due to its recent quarterly financial performance, dividend policy, institutional ownership changes, and director transactions. Despite its latest quarterly figures being mixed, the regional banking company's diversified services through Rockland Trust and its established dividend policy contribute to its market profile. The bank's operations are closely tied to regional economic activity and broader banking conditions, making its financial structure and customer relationships key areas of focus.
Independent Bank Corp. (NASDAQ:INDB) Declares $0.64 Quarterly Dividend
Independent Bank Corp. (NASDAQ:INDB) has announced a quarterly dividend of $0.64 per share, maintaining its 15-year streak of dividend increases. The dividend, payable on October 9th to shareholders of record on September 28th, represents an annualized yield of 3.1% and is well-covered by the company's earnings, with a payout ratio of 37.8%. Despite missing recent quarterly earnings estimates, the bank's strong dividend history and financial stability are highlighted.
Independent Bank declares $0.64 quarterly dividend payable Oct 9, 2026
Independent Bank (INDB) has declared a quarterly dividend of $0.64 per share. This dividend is payable on October 9, 2026, to shareholders of record as of September 28, 2026. The announcement was made in a press release furnished as Exhibit 99.1 to a Form 8-K filing.
A $0.64 dividend is due Oct. 9 from Independent Bank
Independent Bank Corp. (INDB) has declared a quarterly cash dividend of $0.64 per share. This dividend is payable on October 9, 2026, to stockholders of record as of September 28, 2026. Independent Bank Corp. is the holding company for Rockland Trust Company, a full-service commercial bank operating across Massachusetts, New Hampshire, and Rhode Island.
Independent Bank Corp. Keeps Quarterly Dividend at $0.64 per Share, Payable Oct. 9 to Holders of Record Sept. 28
Independent Bank Corp. (INDB) has declared a quarterly dividend of $0.64 per share, which will be payable on October 9, 2026, to shareholders of record as of September 28, 2026. This announcement follows their previous dividend declaration and recent financial results, including an increase in Q2 earnings and revenue. The company, through Rockland Trust Company, offers a wide range of banking, investment, and insurance services.
Independent Bank Corp. declares $0.64 per share dividend
Independent Bank Corp. (NASDAQ:INDB) has announced a dividend of $0.64 per share, payable on October 9, 2026, to shareholders recorded as of September 28, 2026. The company is the parent of Rockland Trust Company, a commercial bank operating in Massachusetts, New Hampshire, and Rhode Island.
Independent Bank Corp. Announces Quarterly Dividend
Independent Bank Corp. (INDB) has announced a quarterly dividend of $0.64 per share, payable on October 9, 2026, to stockholders of record as of September 28, 2026. The company is the parent of Rockland Trust Company, a full-service commercial bank operating in Massachusetts, New Hampshire, and Rhode Island.
Independent Bank Corp CEO William B. Kessel Sells 2,000 Shares in Multiple Transactions on September 15, 2026
William B. Kessel, CEO of Independent Bank Corp (NASDAQ: IBCP), sold 2,000 shares of common stock in nine separate transactions on September 15, 2026. The shares were sold at prices ranging from $37.10 to $37.41. Following these sales, Kessel directly holds 157,836 shares and indirectly holds an additional 9,122.21 shares through an ESOP.
Independent bank corp president & CEO Kessel sells $74,559 in shares
William B. Kessel, President & CEO of Independent Bank Corp (NASDAQ: IBCP), sold 2,000 shares of the company's common stock for $74,559. This transaction occurred on September 15, 2026, with shares priced between $37.10 and $37.41. Despite the stock trading near its 52-week high and showing a strong 24% return, InvestingPro analysis suggests it may be overvalued relative to its Fair Value.
Squarepoint Ops LLC Buys New Shares in Independent Bank Corp. $INDB
Squarepoint Ops LLC recently purchased 17,448 shares of Independent Bank Corp. (NASDAQ:INDB) worth approximately $1.46 million, initiating a new position in the company. Despite Independent Bank missing analyst estimates for both quarterly EPS and revenue, the stock has a "Moderate Buy" consensus rating from analysts with an average price target of $91.86. Institutional investors collectively own 83.4% of the company, while insiders hold 1.6%.
14,400 Shares in Independent Bank Corp. $INDB Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al
Virginia Retirement Systems acquired 14,400 shares of Independent Bank Corp. (INDB) valued at approximately $1.2 million during the second quarter, contributing to institutional investors owning 83.4% of the company. Despite missing quarterly EPS estimates, INDB maintains a "Moderate Buy" consensus rating and a $91.86 average price target. Recent insider sales by directors were also reported.
Independent Bank Corp posts Q2 2026 operating EPS $1.70, deposits up $295M, NIM 3.76%
Independent Bank Corp (INDB) reported strong financial results for Q2 2026, with operating EPS of $1.70 and net income of $81.8 million, indicating improved profitability. The company saw a significant increase in deposits by $294.6 million to $20.4 billion, alongside an expanded adjusted net interest margin of 3.76%. These achievements are supported by strong capital metrics, including a tangible book value per share of $48.34 and a CET1 ratio of 12.81%.
Independent Bank (NASDAQ: INDB) reaffirms 2026 margin outlook
Independent Bank (INDB) reported solid Q2 2026 profitability with net income of $81.8 million and reaffirmed its 2026 guidance, including a targeted net interest margin of 3.90%–3.95% by Q4 2026. The company demonstrated robust capital levels and stable asset quality, despite a slight contraction in loan balances. INDB is focused on strategic growth initiatives, efficiency improvements, and long-term value creation for investors.
83,191 Shares in Independent Bank Corp. $INDB Bought by Hsbc Holdings PLC
Hsbc Holdings PLC acquired 83,191 shares of Independent Bank Corp. ($INDB) in the second quarter, valued at approximately $6.96 million. This purchase represents about 0.18% of the company, with institutional investors collectively owning 83.40% of the stock. Despite the bank missing its Q2 earnings estimates, analysts maintain a "Moderate Buy" rating with an average price target of $91.86, and the company offers a 3.1% annual dividend yield.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 16,809 Shares of Independent Bank Corp. $INDB
UBS Asset Management, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC, decreased its stake in Independent Bank Corp. (NASDAQ:INDB) by 16.3% during the second quarter, selling 16,809 shares and retaining 86,411 shares valued at approximately $7.2 million. Institutional investors collectively own 83.4% of the company, which recently reported quarterly EPS of $1.70, below analyst consensus, and revenue of $253.3 million, also missing estimates. Independent Bank pays a quarterly dividend of $0.64 per share, resulting in an annual yield of about 3.1%, and currently holds a "Moderate Buy" consensus rating from analysts with an average price target of $91.86.
William John Sempolinski Invests $1.23 Million in Independent Bank Corp. $INDB
William John Sempolinski has invested approximately $1.23 million in Independent Bank Corp. (NASDAQ: INDB) by purchasing 14,689 shares in the second quarter. Despite two directors selling shares, institutional investors hold 83.40% of the company, and analysts rate it a "Moderate Buy" with a consensus price target of $91.86. The bank recently missed earnings estimates but offers an annualized dividend of $2.56, yielding about 3.1%.
149,542 Shares in Independent Bank Corp. $INDB Purchased by Bank of New York Mellon Corp
Bank of New York Mellon Corp has acquired 149,542 shares of Independent Bank Corp. (NASDAQ:INDB) worth approximately $5.4 million, representing 0.31% of the company. This comes as Independent Bank reported mixed quarterly results, missing earnings and revenue expectations, yet maintaining a 3.1% dividend yield. Analysts have a "Moderate Buy" rating on the stock with an average price target of $91.86, despite recent share sales by two company directors.
Jupiter Topco LLC Makes New Investment in Independent Bank Corp. $INDB
Jupiter Topco LLC has acquired a new position in Independent Bank Corp. (NASDAQ:INDB), purchasing 21,482 shares valued at approximately $1.8 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the bank, which currently sees 83.4% ownership by institutional investors. Despite missing recent earnings expectations, Independent Bank Corp. maintains a "Moderate Buy" consensus rating from analysts, with shares trading near their 52-week high and offering a 3.1% annual dividend yield.
Legal & General Group Plc Invests $9.38 Million in Independent Bank Corp. $INDB
Legal & General Group Plc has acquired a new stake in Independent Bank Corp., purchasing 112,026 shares valued at approximately $9.38 million during the second quarter. Despite Independent Bank missing analyst estimates for both EPS and revenue in its latest quarterly report, analysts maintain a "Moderate Buy" consensus rating with an average price target of $91.86. The bank also declared a quarterly dividend of $0.64, representing an annualized yield of 3.2%.
Independent Bank Corp. $INDB Shares Bought by Susquehanna Fundamental Investments LLC
Susquehanna Fundamental Investments LLC significantly increased its stake in Independent Bank Corp. (NASDAQ:INDB) by 288% during the second quarter, now owning 55,150 shares valued at $4.6 million. Despite the company missing its Q2 earnings per share estimate, institutional investors collectively own 83.4% of the stock, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $91.86. The bank also declared a quarterly dividend of $0.64 per share, representing a 3.2% annualized yield.
Trading Systems Reacting to (INDB) Volatility
This article analyzes Independent Bank Corp. (NASDAQ: INDB) using AI models, identifying weak near-term sentiment but long-term strength. It outlines three institutional trading strategies—Position, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also provides multi-timeframe signal strengths and support/resistance levels for INDB.
Independent Bank Corp Director Eileen C. Miskell Reports Gift Stock Disposition
Independent Bank Corp Director Eileen C. Miskell reported a stock disposition on August 31, 2026, detailing a gift transaction of 842 common shares on August 28, 2026. Following the transaction, Miskell directly held 12,470.2025 shares, which includes shares acquired through a dividend reinvestment plan. The filing was authorized by Maureen Gaffney as Power of Attorney.
Hsbc Holdings PLC Takes Position in Independent Bank Corp. $INDB
Hsbc Holdings PLC has acquired a new stake of 83,191 shares in Independent Bank Corp. (NASDAQ:INDB), valued at approximately $6.96 million, giving it a 0.18% ownership. This move comes as institutional investors collectively hold 83.40% of the company, and analysts maintain a "Moderate Buy" rating with a consensus price target of $91.86, despite the bank recently missing earnings expectations. The company also pays a quarterly dividend of $0.64 per share.
Independent bank director Venables sells $311,232 in stock By Investing.com
Independent Bank Corp. director Thomas R. Venables sold 3,750 shares of company stock for a total of $311,232. The sale occurred on August 25, 2026, with shares trading near their 52-week high, and Venables now directly holds 17,649 shares. Despite a recent earnings miss, Raymond James reiterated a "Strong Buy" rating on the stock, citing strong fundamentals and an attractive valuation, while InvestingPro analysis suggests the stock is undervalued and highlights its consistent dividend increases.
100,522 Shares in Independent Bank Corp. $INDB Bought by Cibc World Market Inc.
CIBC World Market Inc. has acquired 100,522 shares of Independent Bank Corp. (NASDAQ:INDB) in the second quarter, representing a value of approximately $8.4 million. This purchase makes CIBC World Market Inc. the latest institutional investor to increase its stake in Independent Bank, which saw several other firms like Xponance LLC and EverSource Wealth Advisors LLC also boost their holdings. Independent Bank recently reported earnings that missed analyst expectations, though analysts maintain a "Moderate Buy" rating with an average price target above its current trading price.
Independent Bank (NASDAQ: INDB) director plans sale of 3,750 shares
Independent Bank (NASDAQ: INDB) director Thomas R. Venables plans to sell 3,750 shares of common stock, valued at $313,050, on or after August 25, 2026. The shares are from compensation awards including restricted stock and stock options granted between 2020 and 2026. The company currently has 47,369,099 shares outstanding.
Globeflex Capital L P Makes New Investment in Independent Bank Corp. $INDB
Globeflex Capital L P has initiated a new position in Independent Bank Corp. by purchasing 29,228 shares worth approximately $1.05 million. This investment makes Globeflex Capital L P own about 0.06% of the company, which also saw other institutional investors like BlackRock and Norges Bank increase their holdings. Independent Bank reported quarterly EPS of $1.70, missing analyst estimates, and maintains a quarterly dividend of $0.64 per share.
Independent Bank Corp. (NASDAQ:INDB) Given Average Rating of "Moderate Buy" by Brokerages
Independent Bank Corp. (NASDAQ:INDB) has received a consensus "Moderate Buy" rating from seven brokerages, with an average 12-month price target of $91.86. This comes despite the bank missing its latest quarterly earnings and revenue estimates. The company also declared a quarterly dividend of $0.64, and institutional investors hold a significant 83.4% stake in the firm.
Independent Bank Corp. Revenue Breakdown – NASDAQ:INDB
Independent Bank Corp. (NASDAQ: INDB) generated $857.52 million USD in revenue last year, primarily from its Community Banking segment. This represents an increase from $689.74 million USD in the previous year. The United States was the sole geographic contributor to this revenue.
BlackRock Inc. Buys New Position in Independent Bank Corp. $INDB
BlackRock Inc. acquired a new stake in Independent Bank Corp. (NASDAQ:INDB) during the second quarter, purchasing nearly 7 million shares valued at approximately $584.3 million, giving them a 14.44% stake in the company. Institutional investors collectively own 83.40% of Independent Bank, which has a "Moderate Buy" consensus rating and an average price target of $91.86. Despite missing consensus estimates for quarterly EPS and revenue, the company offers a quarterly dividend yielding about 3.1% annually.
Great Lakes Advisors LLC Invests $1.35 Million in Independent Bank Corp. $INDB
Great Lakes Advisors LLC has invested $1.35 million in Independent Bank Corp. (NASDAQ:INDB) by acquiring 16,137 shares. This comes as Independent Bank reported mixed quarterly results, missing analyst consensus for both earnings per share and revenue. Despite this, analysts maintain a "Moderate Buy" rating with an average price target of $91.86, and the company offers a quarterly dividend of $0.64 per share.
NFJ Investment Group LLC Purchases Shares of 421,384 Independent Bank Corp. $INDB
NFJ Investment Group LLC acquired 421,384 shares of Independent Bank Corp. (INDB) in the second quarter, valued at approximately $35.3 million, making it 1.2% of NFJ's holdings. This acquisition gives NFJ Investment Group a 0.89% stake in Independent Bank, with institutional investors and hedge funds collectively owning 83.4% of the stock. Despite the significant institutional interest, Independent Bank recently missed earnings expectations, reporting $1.70 EPS against a $1.79 consensus and revenue of $253.3 million against $257.5 million expected, though analysts maintain a "Moderate Buy" rating with an average price target of $91.86.
