Independent Bank INDB
NASDAQ INDB
$82.31 -0.23 (-0.28%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Independent Bank (INDB) posted Price to Sales of 15.74 for Q2 2026, up 8.87% on a QoQ basis from 14.46 in Q1 2026, and up 6.74% year-over-year from 14.74 in Q2 2025.

Analysis

Independent Bank (INDB) Price to Sales (2010 - 2026) Analysis & Trends

Independent Bank has reported Price to Sales for 17 years, with the latest figure at 15.74 in Q2 2026.

  • On a quarterly basis, Price to Sales rose 6.74% year-over-year to 15.74 in Q2 2026; TTM through Jun 2026 was 3.97, a 5.49% increase from a year earlier, with the FY2025 full-year figure at 4.2, up 6.1% from the prior year.
  • Price to Sales was 15.74 for Q2 2026 at Independent Bank, up from 14.46 in the prior quarter.
  • The five-year high for Price to Sales was 23.64 in Q1 2022, with the low at 10.72 in Q2 2023.
  • Average Price to Sales over 5 years is 15.53, with a median of 14.87 recorded in 2025.
  • The sharpest annual moves came in 2023 and 2024: Price to Sales slumped 49.41% in 2023, then rose 21.32% in 2024.
  • Over 5 years, Price to Sales stood at 19.2 in 2022, then declined by 17.07% to 15.93 in 2023, then fell by 3.14% to 15.43 in 2024, then dropped by 8.13% to 14.17 in 2025, then gained by 11.05% to 15.74 in 2026.
  • The last three Price to Sales figures came in at 15.74 (Q2 2026), 14.46 (Q1 2026), and 14.17 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn -
2 Truist Financial 61.46 Bn 61.46 Bn -
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn -
4 M&T Bank 34.72 Bn 34.72 Bn -
5 Huntington Bancshares 33.60 Bn 29.07 Bn -
6 Citizens Financial 29.31 Bn 29.31 Bn -
7 Regions Financial 25.53 Bn 25.53 Bn -
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn
9 Keycorp 23.26 Bn -24.44 Bn -
10 Independent Bank 3.95 Bn 3.86 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.74
Mar 31, 2026 14.46
Dec 31, 2025 14.17
Sep 30, 2025 14.13
Jun 30, 2025 14.74
Mar 31, 2025 14.99
Dec 31, 2024 15.43
Sep 30, 2024 14.33
Jun 30, 2024 12.65
Mar 31, 2024 13.19
Dec 31, 2023 15.93
Sep 30, 2023 11.81
Jun 30, 2023 10.72
Mar 31, 2023 15.46
Dec 31, 2022 19.20
Sep 30, 2022 17.83
Jun 30, 2022 21.18
Mar 31, 2022 23.64
Dec 31, 2021 18.74
Sep 30, 2021 21.59