Independent Bank INDB
NASDAQ INDB
$82.31 -0.23 (-0.28%)
As of: Sep 9, 2026 · 3:59 PM EDT

Independent Bank (INDB) Dividend Coverage Ratio (2010 - 2026)

Independent Bank (INDB) posted Dividend Coverage Ratio of 2.63 for Q2 2026, down 4.29% on a QoQ basis from 2.75 in Q1 2026, and up 29.51% year-over-year from 2.03 in Q2 2025.

Analysis

Independent Bank (INDB) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends

Independent Bank has reported Dividend Coverage Ratio for 17 years, with the latest figure at 2.63 in Q2 2026.

  • On a quarterly basis, Dividend Coverage Ratio rose 29.51% year-over-year to 2.63 in Q2 2026; TTM through Jun 2026 was 2.37, a 22.75% increase from a year earlier, with the FY2025 full-year figure at 1.97, down 1.13% from the prior year.
  • Dividend Coverage Ratio was 2.63 for Q2 2026 at Independent Bank, down from 2.75 in the prior quarter.
  • The five-year high for Dividend Coverage Ratio was 3.31 in Q4 2022, with the low at 1.36 in Q3 2025.
  • Average Dividend Coverage Ratio over 5 years is 2.34, with a median of 2.39 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio jumped 2984.84% in 2022, then sank 31.81% in 2023.
  • Over 5 years, Dividend Coverage Ratio stood at 3.31 in 2022, then tumbled by 31.81% to 2.26 in 2023, then dropped by 8.46% to 2.07 in 2024, then gained by 24.06% to 2.56 in 2025, then increased by 2.69% to 2.63 in 2026.
  • The last three Dividend Coverage Ratio figures came in at 2.63 (Q2 2026), 2.75 (Q1 2026), and 2.56 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -
2 Truist Financial 61.46 Bn 61.46 Bn - 2.39
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - -
4 M&T Bank 34.72 Bn 34.72 Bn - 3.58
5 Huntington Bancshares 33.60 Bn 29.07 Bn - 2.17
6 Citizens Financial 29.31 Bn 29.31 Bn - 2.80
7 Regions Financial 25.53 Bn 25.53 Bn - 2.41
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn 11.64
9 Keycorp 23.26 Bn -24.44 Bn - 1.83
10 Independent Bank 3.95 Bn 3.86 Bn - 2.63
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.63
Mar 31, 2026 2.75
Dec 31, 2025 2.56
Sep 30, 2025 1.36
Jun 30, 2025 2.03
Mar 31, 2025 1.83
Dec 31, 2024 2.07
Sep 30, 2024 1.77
Jun 30, 2024 2.12
Mar 31, 2024 2.03
Dec 31, 2023 2.26
Sep 30, 2023 2.51
Jun 30, 2023 2.57
Mar 31, 2023 2.44
Dec 31, 2022 3.31
Sep 30, 2022 3.05
Jun 30, 2022 2.56
Mar 31, 2022 2.34
Dec 31, 2021 0.11
Sep 30, 2021 2.52