Independent Bank (NASDAQ:INDB) — Market Cap & Net Worth
Market Cap & Net Worth: Independent Bank (INDB)
Independent Bank (NASDAQ:INDB) has a market capitalization of $3.70 Billion ($3.70 Billion) as of June 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4401 globally and #1473 in its home market, demonstrating a 0.57% 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 $81.07 by its total outstanding shares 48249803 (48.25 Million). Review Independent Bank (INDB) financial obligations to assess the company's total debt and financial obligations.
Independent Bank Market Cap History: 2015 to 2026
Independent Bank's market capitalization history from 2015 to 2026. Data shows growth from $1.77 Billion to $3.91 Billion (7.86% CAGR).
Index Memberships
Independent Bank is a constituent of 3 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Financial 100
IXF
|
$1.00 Trillion | 0.37% | #58 of 100 |
|
NASDAQ Composite
IXIC
|
$40.74 Trillion | 0.01% | #486 of 3165 |
|
S&P Small-Cap 600 Index
SML
|
$1.64 Trillion | 0.20% | #131 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.
Latest Price to Sales (P/S) Ratio
3.02x
Independent Bank's market cap is 3.02 times its annual revenue
Latest Price to Earnings (P/E) Ratio
17.19x
Independent Bank's market cap is 17.19 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 | $2.73 Billion | $326.07 Million | $76.65 Million | 8.38x | 35.66x |
| 2017 | $2.77 Billion | $356.76 Million | $87.20 Million | 7.78x | 31.82x |
| 2018 | $2.85 Billion | $412.21 Million | $121.62 Million | 6.91x | 23.43x |
| 2019 | $3.45 Billion | $556.63 Million | $165.18 Million | 6.20x | 20.89x |
| 2020 | $3.12 Billion | $507.42 Million | $121.17 Million | 6.15x | 25.74x |
| 2021 | $3.57 Billion | $515.98 Million | $120.99 Million | 6.91x | 29.48x |
| 2022 | $3.79 Billion | $749.84 Million | $263.81 Million | 5.05x | 14.37x |
| 2023 | $3.08 Billion | $795.73 Million | $239.50 Million | 3.86x | 12.84x |
| 2024 | $3.10 Billion | $974.14 Million | $192.08 Million | 3.18x | 16.12x |
| 2025 | $3.53 Billion | $1.17 Billion | $205.12 Million | 3.02x | 17.19x |
Competitor Companies of INDB by Market Capitalization
Companies near Independent Bank in the global market cap rankings as of June 18, 2026.
Key companies related to Independent Bank by market ranking:
- China Merchants Bank Co Ltd (SHG:600036): Ranked #210 globally with a market cap of $115.40 Billion USD ( CN¥788.64 Billion CNY).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #216 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- HDFC Bank Limited (F:HDFA): Ranked #219 globally with a market cap of $110.85 Billion USD ( €94.81 Billion EUR).
- DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #223 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #210 | China Merchants Bank Co Ltd | SHG:600036 | $115.40 Billion | CN¥38.23 |
| #216 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #219 | HDFC Bank Limited | F:HDFA | $110.85 Billion | €22.00 |
| #223 | DBS GROUP ADR/4 SD 1 | F:DEV | $109.87 Billion | €152.00 |
Independent Bank Historical Marketcap From 2015 to 2026
Between 2015 and today, Independent Bank's market cap moved from $1.77 Billion to $ 3.91 Billion, with a yearly change of 7.86%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.91 Billion | +10.93% |
| 2025 | $3.53 Billion | +13.85% |
| 2024 | $3.10 Billion | +0.71% |
| 2023 | $3.08 Billion | -18.86% |
| 2022 | $3.79 Billion | +6.25% |
| 2021 | $3.57 Billion | +14.36% |
| 2020 | $3.12 Billion | -9.62% |
| 2019 | $3.45 Billion | +21.11% |
| 2018 | $2.85 Billion | +2.71% |
| 2017 | $2.77 Billion | +1.51% |
| 2016 | $2.73 Billion | +54.83% |
| 2015 | $1.77 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 18th, 2026 the market cap of Independent Bank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.70 Billion USD |
| MoneyControl | $3.70 Billion USD |
| MarketWatch | $3.70 Billion USD |
| marketcap.company | $3.70 Billion USD |
| Reuters | $3.70 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