Independent Bank Corp (INDB) valuation
Independent Bank P/E ratio history
Independent Bank trades at 15.0 times its earnings over the last twelve months and 10.3 times the earnings analysts expect over the next twelve.
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Independent Bank valuation against its peers
| Company | Market value | P/E | Forward P/E |
|---|---|---|---|
| Independent BankINDB | $4.00B | 15.0 | 10.3 |
| Cvb FinancialCVBF | $3.98B | 15.5 | 11.7 |
| Bread FinancialBFH | $3.97B | 8.1 | 7.6 |
| DaveDAVE | $4.03B | 20.5 | 16.0 |
| First BancorpFBP | $4.05B | 11.1 | 10.4 |
| Wsfs FinancialWSFS | $4.08B | 13.1 | 11.3 |
| Pjt PartnersPJT | $3.87B | 20.5 | 18.6 |
| International BancsharesIBOC | $4.16B | 10.1 | 10.2 |
| Cohen & SteersCNS | $3.73B | 22.3 | 19.7 |
| Peer median | 14.3 | 11.5 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: INDB returns
No forecast, no recommendation. This page describes Independent Bank Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.