Independent Bank Corp (INDB) EV to EBITDA (2011 - 2026)
Independent Bank's (INDB) EV to EBITDA was 5.46 for Q2 2026, up 15.8% from 4.72 a year earlier and up 1.7% from the prior quarter.
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Independent Bank Corp (INDB) EV to EBITDA (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Independent Bank's EV to EBITDA came in at 5.37, up 16.7% year-over-year; for FY2025, it was 5.79, up 23.8% from FY2024.
- By year, EV to EBITDA came in at 4.67 in FY2024 (-9.7%), 5.18 in FY2023 (-43.8%), 9.21 in FY2022 (-33.6%) and 13.88 in FY2021 (+24.7%).
- Five-year quarterly EV to EBITDA spans a low of 3.69 in Q2 2024 and a high of 17.43 in Q1 2022.
- Year over year, EV to EBITDA has now increased in each of the last six quarters, with growth averaging 17.2% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q1 2022 (growth of 46.2%); the low point was Q2 2023 (a decline of 72.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.37 (Q1 2026), 5.79 (Q4 2025) and 5.98 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.46 |
| Mar 31, 2026 | 5.37 |
| Dec 31, 2025 | 5.79 |
| Sep 30, 2025 | 5.98 |
| Jun 30, 2025 | 4.72 |
| Mar 31, 2025 | 4.65 |
| Dec 31, 2024 | 4.67 |
| Sep 30, 2024 | 4.32 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 3.87 |
| Dec 31, 2023 | 5.18 |
| Sep 30, 2023 | 4.09 |
| Jun 30, 2023 | 3.93 |
| Mar 31, 2023 | 6.36 |
| Dec 31, 2022 | 9.21 |
| Sep 30, 2022 | 11.22 |
| Jun 30, 2022 | 14.29 |
| Mar 31, 2022 | 17.43 |
| Dec 31, 2021 | 13.88 |
| Sep 30, 2021 | 10.00 |
API Access
Independent Bank Corp EV to EBITDA 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-ebitda&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();