Independent Bank Corp (Massachusetts) (INDB) Stock Analysis
Verdict: HOLD
Robust regional margins and low leverage offer a safety floor, but persistent EPS misses suggest net interest margin pressure is peaking.
Investment score: 62/100
Analysis as of
Is Independent Bank Corp (Massachusetts) stock worth reviewing? The TradeMates thesis
The model views INDB as a high-quality regional bank currently facing cyclical headwinds. Strong margins and a solid dividend yield are offset by recent earnings misses and a fair valuation relative to peers.
7-factor investment score
- Valuation: 55/100 (weight 20%)
- Financial Health: 85/100 (weight 15%)
- Technical Momentum: 60/100 (weight 15%)
- Earnings Quality: 40/100 (weight 15%)
- Insider Sentiment: 50/100 (weight 10%)
- Analyst Consensus: 70/100 (weight 10%)
- Risk-Adjusted Return: 75/100 (weight 15%)
Independent Bank Corp (Massachusetts) opportunities and risks
What speaks for INDB
- Superior Efficiency Ratio
What speaks against INDB
- Negative Earnings Momentum
Peers and competitors
- UCB
- CATY
- CVBF
- RNST
- BANF
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| INDB | 16.1x | 3.2x | 13.6x | 69.5% | 19.8% | 8.9% |
| UCB | 13.4x | 2.8x | 8.2x | 68.0% | 22.0% | 8.5% |
| CATY | 12.9x | 3.1x | 9.3x | 55.7% | 24.1% | 8.5% |
| CVBF | 15.2x | 4.8x | 13.4x | 79.3% | 32.4% | 7.6% |
| RNST | 18.1x | 2.7x | 12.4x | 59.5% | 15.4% | 5.3% |
| BANF | 15.9x | 4.7x | n/a | 83.5% | 29.7% | 6.0% |
| Peer median | 15.2x | 3.1x | 9.3x | 68.0% | 24.1% | 7.6% |
Frequently asked questions about Independent Bank Corp (Massachusetts) (INDB)
Is INDB stock a good investment?
The TradeMates model rates Independent Bank Corp (Massachusetts) as HOLD with an investment score of 62/100. The model views INDB as a high-quality regional bank currently facing cyclical headwinds. Strong margins and a solid dividend yield are offset by recent earnings misses and a fair valuation relative to peers. This is algorithmic model output, not personal investment advice.
Is INDB stock a buy?
The TradeMates model verdict for INDB is HOLD with an investment score of 62/100. Treat this as a model signal to review, not a personal buy recommendation.