Independent Bank Corp. (INDB) fair value analysis

Nasdaq · Updated 2026-09-07

Independent Bank Corp. is a bank holding company that provides retail and commercial banking services through its subsidiary, Rockland Trust. The company operates primarily in Massachusetts and Rhode Island, serving customers through a network of banking centers in New England.

Forward Fair Value verdict

Undervalued

Based on TickrTrends' weekly Forward Fair Value model, INDB is trading at a 10–25% discount to estimated fair value.

INDB currently ranks #35 of 165 Financial Services stocks by discount to Forward Fair Value. It has screened as Undervalued for 3 consecutive weekly runs.

Last price: $85.00
Sector: Financial Services
12-month range: $66.13–$85.00

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: D
Leverage: Low
RSI zone: Neutral
50/200-day trend: Uptrend
52-week position: The top quarter of its range

What our data shows for INDB

Our model validated 17 trailing price-to-earnings windows for INDB, built from quarterly earnings records.
Shares are trading in the upper third of their 12-month price range of $66.13–$85.00.
The 14-day relative strength index sits at a neutral 49.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for INDB
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent INDB news

TickrTrends' derived news-sentiment signal for INDB is currently leaning positive, computed from recent coverage.

Independent Bank Corp (INDB) Director Thomas Venables Sells 3,750 Shares (gurufocus.com, 2026-08-26)
TickrTrends take: Independent Bank Corp operates in the Financial Services sector and carries an Undervalued designation according to TickrTrends' current valuation analysis. The recent insider sale by Director Thomas Venables of 3,750 shares represents a transaction that valuation-focused investors should monitor in context of the company's current undervalued status, as insider selling activity can provide signals about management's view of price levels. Readers tracking INDB's valuation should observe whether such insider transactions cluster or reverse as the stock moves relative to its fundamental assessment.
Independent Bank Corporation Reports 2026 Second Quarter Earnings of $0.90 per Diluted Share (manilatimes.net, 2026-07-23)
TickrTrends take: Independent Bank Corporation reported earnings of 90 cents per diluted share for the 2026 second quarter, which provides a concrete data point for evaluating the financial institution's profitability trajectory. Given that TickrTrends currently rates INDB as undervalued within the Financial Services sector, investors focused on valuation metrics should monitor whether this earnings level sustains or accelerates relative to the company's stock price. The relationship between quarterly earnings performance and the company's current market valuation will be relevant for understanding whether the undervalued assessment remains supported by fundamental financial results.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — No material change this week: the verdict, bands and grades all held steady.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is INDB stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), INDB is trading at a 10–25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.

What is INDB's TickrTrends verdict?

INDB's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.

How does INDB compare to other Financial Services stocks?

INDB ranks #35 of 165 Financial Services stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is INDB overbought or oversold?

INDB's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Financial Services fair-value coverage →

Head-to-head comparisons

INDB vs ALL · INDB vs BLK · INDB vs CACC · INDB vs COF · INDB vs GCMG