As of June 30, 2026, Independent Bank Corp. carries a market capitalization of 3.47B, placing it among publicly traded companies globally. Its enterprise value stands at 2.82B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 3.47B |
| Enterprise Value | 2.82B |
Independent Bank Corp.'s next confirmed earnings release is scheduled for January 21, 2027.
| Earnings Date | 1/21/2027 |
As of June 30, 2026, Independent Bank Corp. has 47.55M shares outstanding.
| Shares Outstanding | 47.55M |
As of June 30, 2026, Independent Bank Corp. trades at a trailing price-to-earnings ratio of 15.09. The price-to-sales ratio is 4.14, and the price-to-book ratio stands at 1.13.
| PE Ratio | 15.09 |
| PS Ratio | 4.14 |
| PB Ratio | 1.13 |
| P/TBV Ratio | 1.72 |
| P/FCF Ratio | 13.49 |
| P/OCF Ratio | 12.73 |
These figures are as of June 30, 2026. The EV/Sales ratio of 3.25 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Independent Bank Corp. trades at an EV/FCF ratio of 10.59, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 2.82B versus a market cap of 3.47B, with the gap driven by net debt and cash on the balance sheet.
| EV / Sales | 3.25 |
| EV / FCF | 10.59 |
These figures are as of June 30, 2026.
| Debt / Equity | 19.97 |
Over the twelve months ended June 30, 2026, Independent Bank Corp. posted a return on equity (ROE) of 8.24, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 1.21, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.74, useful for judging operating efficiency across full business cycles. The company generates approximately 397,686.77 in revenue per employee across its workforce of 2,179.75, a quick read on workforce productivity versus industry peers.
| Return on Equity (ROE) | 8.24 |
| Return on Assets (ROA) | 1.21 |
| Return on Capital Employed (ROCE) | 6.74 |
| Revenue Per Employee | 397,686.77 |
| Employee Count | 2,179.75 |
Over the twelve months ended June 30, 2026, Independent Bank Corp. recorded 69.10M in income tax expense. That works out to an effective tax rate of 22.54, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 306.61M, leaving 237.52M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.
| Income Tax | 69.10M |
| Effective Tax Rate | 22.54 |
As of the close on September 25, 2026, Independent Bank Corp.'s stock has gained approximately 19.33% over the past 52 weeks. The 50-day moving average sits at 72.01, while the 200-day moving average is 68.74.
| 52-Week Price Change | 19.33% |
| 50-Day Moving Average | 72.01 |
| 200-Day Moving Average | 68.74 |
Over the twelve months ended June 30, 2026, Independent Bank Corp. generated 866.86M in revenue and converted that into 237.52M in net income, yielding earnings per share of 4.83.
| Revenue | 866.86M |
| Pretax Income | 306.61M |
| Net Income | 237.52M |
| Earnings Per Share (EPS) | 4.83 |
As of June 30, 2026, Independent Bank Corp. holds 1.27B in cash and equivalents against 613.99M in total debt, resulting in a net debt position of -262.38M.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 613.99M |
| Net Debt | -262.38M |
| Equity (Book Value) | 3.07B |
| Book Value Per Share | 64.66 |
Independent Bank Corp. produced 281.60M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -15.69M in capital expenditures, free cash flow totaled 265.91M - equivalent to 5.42 per share.
| Operating Cash Flow | 281.60M |
| Capital Expenditures | -15.69M |
| Free Cash Flow | 265.91M |
| FCF Per Share | 5.42 |
These figures cover the twelve months ended June 30, 2026.
| Pretax Margin | 35.37 |
| Profit Margin | 27.40 |
Over the twelve months ended June 30, 2026, Independent Bank Corp. paid dividends of 2.04 per share. The dividend payout ratio of 42.26 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.41, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 9.04, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Independent Bank Corp. shareholders.
| Dividend Per Share | 2.04 |
| Payout Ratio | 42.26 |
| Shareholder Yield | 9.04 |
| FCF Yield | 7.41 |
Independent Bank Corp.'s most recent stock split took place on October 1, 1987 with a 2:3 split ratio.
| Last Split Date | 10/1/1987 |
| Split Ratio | 2:3 |