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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |