Q3 2025 EPS Estimates for Independent Bank Corp. (NASDAQ:INDB) Lifted by Analyst

Independent Bank Corp. (NASDAQ:INDB) – Analysts at Seaport Res Ptn boosted their Q3 2025 EPS estimates for shares of Independent Bank in a research note issued to investors on Thursday, September 26th. Seaport Res Ptn analyst L. Hunsicker now expects that the bank will post earnings of $1.31 per share for the quarter, up from their prior forecast of $1.29. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Independent Bank’s current full-year earnings is $4.68 per share. Seaport Res Ptn also issued estimates for Independent Bank’s Q4 2025 earnings at $1.39 EPS and FY2025 earnings at $5.13 EPS.

Independent Bank (NASDAQ:INDB) last announced its earnings results on Thursday, July 18th. The bank reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.10. The firm had revenue of $244.19 million during the quarter, compared to the consensus estimate of $169.07 million. Independent Bank had a return on equity of 7.41% and a net margin of 22.42%. During the same quarter in the prior year, the company earned $1.42 EPS.

Separately, StockNews.com downgraded shares of Independent Bank from a “hold” rating to a “sell” rating in a report on Tuesday, September 17th.

Independent Bank Stock Down 1.1 %

INDB opened at $58.44 on Monday. Independent Bank has a 1-year low of $44.63 and a 1-year high of $68.75. The business has a 50 day moving average of $60.72 and a 200-day moving average of $54.02. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 11.28 and a beta of 0.75. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Independent Bank

Several institutional investors and hedge funds have recently bought and sold shares of INDB. EntryPoint Capital LLC acquired a new stake in Independent Bank in the 1st quarter valued at $47,000. Innealta Capital LLC bought a new stake in shares of Independent Bank in the 2nd quarter worth about $73,000. Profund Advisors LLC acquired a new stake in shares of Independent Bank during the 2nd quarter worth about $229,000. Vanguard Personalized Indexing Management LLC lifted its holdings in Independent Bank by 29.7% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,378 shares of the bank’s stock valued at $273,000 after purchasing an additional 1,231 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Independent Bank by 102.6% in the first quarter. SG Americas Securities LLC now owns 5,305 shares of the bank’s stock valued at $276,000 after buying an additional 2,687 shares in the last quarter. Institutional investors own 83.40% of the company’s stock.

Independent Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 4th. Stockholders of record on Monday, September 30th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Monday, September 30th. Independent Bank’s dividend payout ratio is presently 44.02%.

About Independent Bank

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit.