Independent Bank Corp (INDB) Price to Earnings (2011 - 2026)
Independent Bank's Price to Earnings was 14.69 in Q2 2026, up 3.3% from 14.22 a year earlier but down 3.2% from the prior quarter.
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Analysis
Independent Bank Corp (INDB) Price to Earnings (2011 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Independent Bank came in at 17.54, up 23.5% from FY2024.
- In earlier years, Price to Earnings was 14.20 in FY2024 (+20.6%), 11.78 in FY2023 (-19.3%), 14.61 in FY2022 (-37.8%) and 23.50 in FY2021 (+18.2%).
- Quarterly Price to Earnings has moved between 7.20 (Q2 2023) and 29.24 (Q1 2022) over five years.
- Compared with a year earlier, Price to Earnings has increased for nine straight quarters, with growth averaging 30.7% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was Q3 2024 (growth of 54.1%); the worst was Q2 2023 (a decline of 69.2%).
- Per Business Quant data, INDB's Price to Earnings in the three quarters before Q2 2026 was 15.18 (Q1 2026), 17.54 (Q4 2025) and 19.15 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.69 |
| Mar 31, 2026 | 15.18 |
| Dec 31, 2025 | 17.54 |
| Sep 30, 2025 | 19.15 |
| Jun 30, 2025 | 14.22 |
| Mar 31, 2025 | 14.14 |
| Dec 31, 2024 | 14.20 |
| Sep 30, 2024 | 12.76 |
| Jun 30, 2024 | 10.03 |
| Mar 31, 2024 | 9.77 |
| Dec 31, 2023 | 11.78 |
| Sep 30, 2023 | 8.28 |
| Jun 30, 2023 | 7.20 |
| Mar 31, 2023 | 10.64 |
| Dec 31, 2022 | 14.61 |
| Sep 30, 2022 | 18.05 |
| Jun 30, 2022 | 23.37 |
| Mar 31, 2022 | 29.24 |
| Dec 31, 2021 | 23.50 |
| Sep 30, 2021 | 16.35 |
API Access
Independent Bank Corp Price to Earnings 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=price-to-earnings&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();