Independent Bank (INDB) Price to Book (2010 - 2026)

Independent Bank has reported Price to Book for 17 years, with the latest figure at 1.14 in Q2 2026.

• On a quarterly basis, Price to Book rose 30.2% year-over-year to 1.14 in Q2 2026; TTM through Jun 2026 was 1.14, a 30.2% increase from a year earlier, with the FY2025 full-year figure at 1.01, up 10.73% from the prior year.
• Price to Book was 1.14 for Q2 2026 at Independent Bank, up from 1.03 in the prior quarter.
• The five-year high for Price to Book was 1.33 in Q4 2022, with the low at 0.69 in Q2 2023.
• Average Price to Book over 5 years is 0.98, with a median of 0.97 recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Price to Book surged 41.72% in 2022, then tumbled 46.02% in 2023.
• Over 5 years, Price to Book stood at 1.33 in 2022, then retreated by 27.0% to 0.97 in 2023, then decreased by 6.47% to 0.91 in 2024, then increased by 10.73% to 1.01 in 2025, then increased by 12.46% to 1.14 in 2026.
• The last three Price to Book figures came in at 1.14 (Q2 2026), 1.03 (Q1 2026), and 1.01 (Q4 2025), per Business Quant data.