← Scroll for more →
Independent Bank Corp (INDB)
State Commercial Banks
Latest Price
$83.25
TTM P/E
15.05
Normalized P/E
17.00
TTM Div Yield
2.95%
Fwd Div Yield
3.08%
Book Value
72.68
P/B Ratio
1.15
Valuation metrics
adjust assumptions →EPS: $4.44
Target P/E: 16×
Formula: EPS × P/E
P/E Fair Value
$71.04
11% downside
Institutional Ownership
85.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6.98M | $584.0M | 14.66% | -162.7K | 2026-06-30 |
| Vanguard Portfolio Management LLC | 3.27M | $274.0M | 6.87% | -31.8K | 2026-06-30 |
| State Street Corp | 2.65M | $223.0M | 5.56% | +144.6K | 2026-06-30 |
| Dimensional Fund Advisors LP | 2.63M | $220.0M | 5.53% | +63.7K | 2026-06-30 |
| Vanguard Capital Management LLC | 2.17M | $181.0M | 4.56% | -29.6K | 2026-06-30 |
| Geode Capital Management, LLC | 1.44M | $120.0M | 3.02% | +176.8K | 2026-06-30 |
| Rockland Trust Co | 1.43M | $119.0M | 3.00% | -42.5K | 2026-06-30 |
| Alliancebernstein L.P. | 1.18M | $88.0M | 2.48% | -276.7K | 2026-06-30 |
| Channing Capital Management, LLC | 953.4K | $79.0M | 2.00% | +13.8K | 2026-06-30 |
| Nomura Asset Management International Inc. | 917.2K | $76.0M | 1.93% | -4.6K | 2026-06-30 |