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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |