Insider buying last 90 days
No open-market insider purchases were filed for INDB in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every INDB insider filing, plotted on the chart in Gekko.Open INDB in Gekko
NASDAQ: INDB
Independent Bank (INDB) Stock Analysis & Forecast
Oct 12 close
$77.16+0.14 (+0.2%)
Gekko Brief
AI summaryOct 12 closeIndependent Bank is heading into its third-quarter earnings release, scheduled for 15 October, with analysts projecting earnings around $1.84 to $1.85 per share and revenue estimates ranging from $258.66 million to $261.37 million, representing year-over-year growth. Recent commentary has flagged a likely earnings beat setup, with EPS estimates revised up 0.2% over the past 30 days, while coverage also notes the prior quarter missed expectations. Separately, the company has relocated its headquarters to downtown Grand Rapids. Analyst opinion on the stock remains split between hold and sell ratings from the two firms covering it.
The stock closed at $77.16, down from both its 50-day average of $82.11 and 200-day average of $80.19, with trailing returns of -6.7% over one month and -8.4% over three months, though still up 12.2% over the past year. The GekkoIndex reads 70.3, placing the stock in the Buying zone, up 7.1 points recently. Shares trade 11% below Gekko Fair Value of $86.72.
Earnings arrive in two days, squarely within the next 20-trading-day window, introducing event risk around the report and the following day's conference call. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows. Seasonality has historically been supportive from this point in the calendar, with the next 20 trading days averaging a 13.2% gain over 5 years, rising in 5 of those years. The consensus analyst target stands at $93.43, implying 21.1% upside from current levels.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Independent Bank price vs fair value
Close $77.16200-day averageGekko Fair Value $86.72
Independent Bank quick facts
- Market cap
- $3.72B
- P/E ratio
- 13.8
- Forward P/E
- 9.5
- EPS, TTM
- $5.58
- Revenue, TTM
- $948.7M
- Profit margin
- 28.6%
- Dividend yield
- 3.15%
- Beta
- 0.80
- Volume
- 542,345 avg 448,761
- 1-year return
- +12.2%
- Typical daily move
- ±2%
- Typical 20-day move
- ±5.3%
- 50-day average
- $82.11
- 200-day average
- $80.19
- Next earnings
- Oct 15
- Shares outstanding
- 47.37M
Independent Bank swing-trade checklist
Independent Bank scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $77.16 sits between the 50-day ($82.11) and 200-day ($80.19) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
70.3, Buying
Reading 70.3 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
11.0% below
Price is 11% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 3 days
Reports on Oct 15, 2026, 3 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+13.2% on average
From this point in the calendar, the next 20 trading days averaged +13.2% over 5 years, rising in 5 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Independent Bank stock chart and price history
Independent Bank closed at $77.16 on Oct 12, 2026, +12.2% over the past year, inside a 52-week range of $63.33 to $87.50.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −6.7%
- 3 months
- −8.4%
- 6 months
- −4.0%
- 1 year
- +12.2%
The full INDB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open INDB in Gekko
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About Independent Bank
Independent Bank operates as the holding company behind Rockland Trust Company, a bank serving individuals and smaller businesses across Massachusetts. It is best known for combining everyday banking services with a broad lending and deposit business geared toward local households and companies rather than large corporate clients.
The bank earns its revenue through a mix of deposit accounts, such as checking, savings and money market products, alongside lending activity that spans commercial and industrial loans, real estate and construction financing, small business credit, and personal and consumer loans. It also generates income from wealth management and fiduciary work, serving individuals, institutions, small businesses and nonprofit organizations, and rounds out its offerings with digital banking tools, financial planning, insurance products and investment options like mutual funds and annuities.
Founded in 1907, Independent Bank is headquartered in Rockland, Massachusetts, with its branch network concentrated in the eastern part of the state. Its shares trade on the NASDAQ under the ticker INDB.
- Listed
- NASDAQ
- Sector
- Finance
- Industry
- Regional banks
- Website
- rocklandtrust.com
Independent Bank GekkoIndex: the smart money zone
Independent Bank’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.3, in the Buying zone, up 7.1 points over five sessions.
70.3Buying
Up 7.1 points over five sessions, from the Accumulation zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 42 | 0.0% | +2.5% | ||
| Accumulation | 200 | +0.6% | +3.6% | ||
| Neutral | 408 | +0.2% | +0.5% | ||
| Distribution | 31 | +0.2% | −2.1% | ||
| Selling | 1 | Too few readings yet | |||
Average INDB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the INDB price, zone by zone.Track INDB in Gekko
Is Independent Bank stock overvalued? Gekko Fair Value
Independent Bank trades 11.0% below Gekko Fair Value of $86.72, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Independent Bank shares are worth, recalculated every trading day.
$86.72
Gekko Fair Value, Oct 10, 2026
11.0% Undervalued
At the end of Aug 2026 the price was 10.0% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open INDB in Gekko
Independent Bank insider and Congress trading
No open-market insider purchases were filed for Independent Bank, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in INDB were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for INDB, plotted on the chart in Gekko.Open INDB in Gekko
Buybacks
Independent Bank has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $75.07M
- As a share of market cap
- 2.02%
- Trailing four quarters
- $201.5M
From company filings.
Independent Bank earnings: next date and track record
Independent Bank reports on Oct 15, 2026 (3 days away).
Next earnings report
Oct 15, 2026
3 days away
- EPS estimate
- $1.85
- Revenue estimate
- $261.3M
Independent Bank stock forecast and analyst price targets
Analysts’ average 12-month price target for Independent Bank is $93.43, +21.1% from the last close, from 2 firms rating the stock in the last 90 days.
$93.43consensus 12-month target, +21.1% from the last close
Now $77.16Avg $93.43
Low $82High $90
Each firm’s latest rating in the last 90 days: 2 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Oct 5 | Barclays | $82 | +6.3% |
| Jul 17 | Piper Sandler | $90 | +16.6% |
+2.5%average 20-day move after past Buying readings
+13.2%average move over the next 20 trading days in the last 5 years
±2%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Independent Bank seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Independent Bank averaged +13.2% across the last 5 years, rising in 5 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.6% | 4 of 5 |
| Next 10 trading days | +3.6% | 4 of 5 |
| Next 15 trading days | +6.4% | 4 of 5 |
| Next 20 trading days | +13.2% | 5 of 5 |
| Next 30 trading days | +11.9% | 5 of 5 |
For scale, INDB’s typical 20-trading-day move in either direction is about 5.3%.
Independent Bank market cap and key statistics
Independent Bank’s market cap is $3.72B, with a P/E ratio of 13.8 and revenue of $948.7M over the last twelve months.
Valuation
- Market cap
- $3.72B
- P/E ratio
- 13.8
- Forward P/E
- 9.5
- EPS, TTM
- $5.58
- Gekko Fair Value
- $86.72
Trading
- Volume
- 542,345
- Avg volume, 20 days
- 448,761
- 52-week high
- $87.50
- 52-week low
- $63.33
- Shares outstanding
- 47.37M
Financials
- Revenue, TTM
- $948.7M
- Profit margin
- 28.6%
- Return on equity
- 8.2%
- Quarterly earnings growth, YoY
- +41.8%
Risk and income
- Beta
- 0.80
- Typical daily move
- ±2%
- Typical 20-day move
- ±5.3%
- Dividend yield
- 3.15%
Independent Bank stock news this week
Coverage of Independent Bank this week reads neutral: 3 positive, 5 neutral and 0 negative headlines.
- Unlocking Q3 Potential of Independent Bank Corp. (INDB): Exploring Wall Street Estimates for Key MetricsYahoo Finance, Oct 12
- Reinhart Partners LLC. Sells 18,895 Shares of Independent Bank Corp. $INDBMarketBeat, Oct 10
- Independent Bank Corp. (INDB) stock price, news, quote and historyYahoo Finance Singapore, Oct 9
- Independent Bank Corp. (INDB) Reports Next Week: Wall Street Expects Earnings GrowthZacks Investment Research, Oct 8
- Independent Bank (INDB) Projected to Announce Quarterly Earnings on ThursdayMarketBeat, Oct 8
- Independent Bank relocates its headquarters to downtown Grand RapidsCrain's Grand Rapids Business, Oct 8
Independent Bank peers
Independent Bank’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| CMCanadian Imperial Bank of Commerce | Accumulation | 5.7% below |
| USBU.S. Bancorp | Accumulation | 11.0% below |
| NUNu | Neutral | 0.7% below |
| TFCTruist Financial | Accumulation | 9.6% below |
| FITBFifth Third Bancorp | Accumulation | 11.2% below |
| MTBM&T Bank | Accumulation | 9.1% below |
A peer links to its own page where one exists.
Independent Bank stock FAQ
What is Independent Bank’s market cap?
Independent Bank’s market cap is $3.72B at the Oct 12, 2026 close of $77.16, with 47.37M shares outstanding. The shares trade on a P/E ratio of 13.8.
What is the Independent Bank stock forecast?
The consensus analyst 12-month price target for Independent Bank is $93.43, +21.1% from the last close. Of the 2 firms that rated the stock in the last 90 days, 0 rate it a buy, 1 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Independent Bank stock overvalued or undervalued?
On Gekko’s estimate Independent Bank is undervalued: the Oct 12, 2026 close of $77.16 is 11.0% below Gekko Fair Value of $86.72. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Independent Bank report earnings next?
Independent Bank is expected to report on Oct 15, 2026 (3 days away). Analysts expect earnings of $1.85 per share on revenue of $261.3M.
What is Independent Bank’s 52-week high and low?
Independent Bank’s 52-week high is $87.50 and its 52-week low is $63.33; it closed at $77.16 on Oct 12, 2026, +12.2% over the past year. Over the last five years the shares peaked at $93.52 on Nov 8, 2021.
Is Independent Bank stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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