Independent Bank Corp (INDB) EV to EBIT (2011 - 2026)
Independent Bank's EV to EBIT was 5.81 in Q2 2026, up 14.6% from 5.07 a year earlier and up 1.4% from the prior quarter.
Independent Bank Corp (INDB) EV to EBIT (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Independent Bank's EV to EBIT was 5.71 through Jun 30, 2026, up 15.5% year-over-year; for FY2025, it came in at 6.21, up 23.5% from FY2024.
- In earlier years, EV to EBIT was 5.03 in FY2024 (-9.4%), 5.55 in FY2023 (-45.4%), 10.16 in FY2022 (-38.6%) and 16.55 in FY2021 (+29.8%).
- Quarterly EV to EBIT has moved between 3.95 (Q2 2024) and 20.68 (Q1 2022) over five years.
- Compared with a year earlier, EV to EBIT has increased for six straight quarters, with growth averaging 17.1% over the last eight quarters.
- The best year-over-year quarter for EV to EBIT over five years was Q1 2022 (growth of 52.1%); the worst was Q2 2023 (a decline of 74.5%).
- Per Business Quant data, INDB's EV to EBIT in the three quarters before Q2 2026 was 5.73 (Q1 2026), 6.21 (Q4 2025) and 6.45 (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.81 |
| Mar 31, 2026 | 5.73 |
| Dec 31, 2025 | 6.21 |
| Sep 30, 2025 | 6.45 |
| Jun 30, 2025 | 5.07 |
| Mar 31, 2025 | 5.01 |
| Dec 31, 2024 | 5.03 |
| Sep 30, 2024 | 4.64 |
| Jun 30, 2024 | 3.95 |
| Mar 31, 2024 | 4.14 |
| Dec 31, 2023 | 5.55 |
| Sep 30, 2023 | 4.40 |
| Jun 30, 2023 | 4.25 |
| Mar 31, 2023 | 6.95 |
| Dec 31, 2022 | 10.16 |
| Sep 30, 2022 | 12.83 |
| Jun 30, 2022 | 16.68 |
| Mar 31, 2022 | 20.68 |
| Dec 31, 2021 | 16.55 |
| Sep 30, 2021 | 11.40 |
Independent Bank Corp EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "INDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();