Independent Bank Market Cap ($3.91 Billion)
Market Cap & Net Worth: Independent Bank (INDB)
Independent Bank market cap. Independent Bank (NASDAQ:INDB) has a market capitalization of $3.91 Billion ($3.91 Billion) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4076 globally and #1444 in its home market, demonstrating a 3.81% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Independent Bank's stock price $86.42 by its total outstanding shares 47369099 (47.37 Million). Also see INDB operating cash flow for how efficiently the company converts equity into cash flow.
Independent Bank Market Cap History (2015–2026)
Independent Bank market cap history from 2015 to 2026. Data shows growth from $1.73 Billion to $4.09 Billion (8.20% CAGR). Check today's stock price for Independent Bank for real-time trading data and today's change.
Index Memberships
Independent Bank is a constituent of 3 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Financial 100
IXF
|
$1.03 Trillion | 0.38% | #57 of 100 |
|
NASDAQ Composite
IXIC
|
$40.12 Trillion | 0.01% | #475 of 3165 |
|
S&P Small-Cap 600 Index
SML
|
$1.55 Trillion | 0.20% | #119 of 602 |
Weight: Independent Bank's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Independent Bank Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Independent Bank's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore Independent Bank net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
2.97x
Independent Bank's market cap is 2.97 times its annual revenue
Latest Price to Earnings (P/E) Ratio
16.88x
Independent Bank's market cap is 16.88 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $2.68 Billion | $326.07 Million | $76.65 Million | 8.23x | 35.01x |
| 2017 | $2.72 Billion | $356.76 Million | $87.20 Million | 7.64x | 31.24x |
| 2018 | $2.80 Billion | $412.21 Million | $121.62 Million | 6.79x | 23.00x |
| 2019 | $3.39 Billion | $556.63 Million | $165.18 Million | 6.09x | 20.51x |
| 2020 | $3.06 Billion | $507.42 Million | $121.17 Million | 6.03x | 25.27x |
| 2021 | $3.50 Billion | $515.98 Million | $120.99 Million | 6.79x | 28.94x |
| 2022 | $3.72 Billion | $749.84 Million | $263.81 Million | 4.96x | 14.10x |
| 2023 | $3.02 Billion | $795.73 Million | $239.50 Million | 3.79x | 12.61x |
| 2024 | $3.04 Billion | $974.14 Million | $192.08 Million | 3.12x | 15.83x |
| 2025 | $3.46 Billion | $1.17 Billion | $205.12 Million | 2.97x | 16.88x |
Competitor Companies of INDB by Market Capitalization
Companies near Independent Bank in the global market cap rankings as of November 5, 2026. Also see Independent Bank total assets for a full breakdown of the balance sheet.
Key companies related to Independent Bank by market ranking:
- China Merchants Bank Co Ltd (SHG:600036): Ranked #184 globally with a market cap of $128.41 Billion USD ( CN¥877.56 Billion CNY).
- Mizuho Financial Group Inc. (NYSE:MFG): Ranked #203 globally with a market cap of $119.39 Billion USD.
- BNP Paribas SA (PA:BNP): Ranked #216 globally with a market cap of $113.72 Billion USD ( €97.27 Billion EUR).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #218 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #184 | China Merchants Bank Co Ltd | SHG:600036 | $128.41 Billion | CN¥42.54 |
| #203 | Mizuho Financial Group Inc. | NYSE:MFG | $119.39 Billion | $9.80 |
| #216 | BNP Paribas SA | PA:BNP | $113.72 Billion | €91.70 |
| #218 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
Market Capitalization of Independent Bank (2015–2026)
Market capitalization of Independent Bank from 2015 to today. Between 2015 and today, Independent Bank's market cap moved from $1.73 Billion to $ 4.09 Billion, with a yearly change of 8.20%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $4.09 Billion | +18.25% |
| 2025 | $3.46 Billion | +13.85% |
| 2024 | $3.04 Billion | +0.71% |
| 2023 | $3.02 Billion | -18.86% |
| 2022 | $3.72 Billion | +6.25% |
| 2021 | $3.50 Billion | +14.36% |
| 2020 | $3.06 Billion | -9.62% |
| 2019 | $3.39 Billion | +21.11% |
| 2018 | $2.80 Billion | +2.71% |
| 2017 | $2.72 Billion | +1.51% |
| 2016 | $2.68 Billion | +54.83% |
| 2015 | $1.73 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 5th, 2026 the market cap of Independent Bank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.91 Billion USD |
| MoneyControl | $3.91 Billion USD |
| MarketWatch | $3.91 Billion USD |
| marketcap.company | $3.91 Billion USD |
| Reuters | $3.91 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Independent Bank
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and cons… Read more