Independent Bank Corp. (INDB) Stock Analysis
Breakout setup
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $83.27, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Massachusetts and New England; Concentration risk — Loan Portfolio: commercial loans (77.2%).
Independent Bank Corp. is the holding company for Rockland Trust, a Massachusetts trust company with over 150 retail branches primarily serving Eastern Massachusetts, Worcester County, southern New Hampshire, and Rhode Island. At December 31, 2025, total assets were $24.9B and... Read more
Hold if already holding. Not a fresh buy at $83.27, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Massachusetts and New England; Concentration risk — Loan Portfolio: commercial loans (77.2%). Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 39d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-14Recent Developments — Independent Bank Corp.
Latest news
- NEWS Independent Bank Corp stock (US4538361016): Regional bank reports steady Q1 performance - AD HOC NEWS — AD HOC NEWS neutral
- NEWS Independent Bank Corp. (INDB) Q1 earnings: Taking a look at key metrics versus estimates - MSN — MSN neutral
- NEWS Independent Bank Shareholders Back Board, Pay at 2026 Meeting - TipRanks — TipRanks positive
- NEWS Independent Bank Corp stock (US4538361016): Rockland Trust parent stays in focus after latest valuat - AD HOC NEWS — AD HOC NEWS neutral
- NEWS Loan losses (actual) to total loans of Independent Bank Corp. – NASDAQ:INDB - TradingView — TradingView negative
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicMassachusetts and New England10-K Item 1A: 'Substantially all of the loans the Company originates are secured by properties located in, or are made to businesses that operate in, Massachusetts and the broader New England area'
- HIGHloan_portfoliocommercial loans77%10-K Item 1A: 'At December 31, 2025, 77.2% of the Company's loan portfolio consisted of commercial loans'
Material Events(8-K, last 90d)
- 2026-04-13Item 5.02LOWMary L. Lentz retired from the Board effective April 11, 2026 upon reaching age 72, in accordance with Company governance policies requiring retirement at 72. No disagreement cited.SEC filing →
- 2026-03-13Item 5.02LOWScott Smith, director since April 2019, notified the Company on March 10, 2026 that he will not stand for re-election at the May 14, 2026 annual meeting. Decision not due to any disagreement.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $83.27, but acceptable to hold if already in. Reasons: Concentration risk — Geographic: Massachusetts and New England; Concentration risk — Loan Portfolio: commercial loans (77.2%). Chart setup: Golden cross, above all MAs, RSI 65, MACD bullish. Maintain position. Not compelling to add more. Target $81.64 (-2.0%), stop $79.93 (−4.2%), A.R:R -0.6:1. Score 6.4/10, moderate confidence.
Take-profit target: $81.64 (-2.0% upside). Target $81.64 (-2.0%), stop $79.93 (−4.2%), A.R:R -0.6:1. Stop-loss: $79.93.
Concentration risk — Geographic: Massachusetts and New England; Concentration risk — Loan Portfolio: commercial loans (77.2%); Analyst target reached - limited upside remaining.
Independent Bank Corp. trades at a P/E of 16.6 (forward 10.0). TrendMatrix value score: 7.6/10. Verdict: Hold.
13 analysts cover INDB with a consensus score of 4.0/5. Average price target: $91.
What does Independent Bank Corp. do?Independent Bank Corp. is the holding company for Rockland Trust, a Massachusetts trust company with over 150 retail...
Independent Bank Corp. is the holding company for Rockland Trust, a Massachusetts trust company with over 150 retail branches primarily serving Eastern Massachusetts, Worcester County, southern New Hampshire, and Rhode Island. At December 31, 2025, total assets were $24.9B and total deposits $20.1B; commercial loans comprised 77.2% of the loan portfolio. The bank completed the acquisition of Enterprise Bancorp on July 1, 2025.