
Independent Bank (INDB) Stock Forecast & Price Target
Independent Bank (INDB) Analyst Ratings
Bulls say
Independent Bank Corp is projected to achieve strong profitability with a return on tangible common equity (ROTCE) improving to the mid-teens by 2026, driven by anticipated double-digit earnings per share (EPS) growth following its strategic acquisition of EBTC, scheduled for the latter half of 2025. The financial estimates for 2025 and 2026 have been revised upward, with 2025 EPS now expected at $5.29 and 2026 EPS projected to reach $7.12, reflecting the positive impact of the acquisition and operational efficiencies. This strategic move will expand Independent Bank's footprint into northern Massachusetts and New Hampshire, positioning the company for sustained growth in net interest income and enhancing its profitability relative to peers.
Bears say
Independent Bank Corp faces significant challenges that could negatively impact its financial performance, particularly due to its heavy reliance on commercial loans and the economic conditions in its primary markets of Eastern Massachusetts and Rhode Island. A potential downturn in the commercial sector may lead to weakened demand for loans and increased credit costs, which could adversely affect profitability and consequently the bank's stock price. Additionally, the bank operates in a highly competitive environment, risking further pressure on deposit growth and lending yields amidst varying interest rate fluctuations and potential economic recessions.
This aggregate rating is based on analysts' research of Independent Bank and is not a guaranteed prediction by Public.com or investment advice.
Independent Bank (INDB) Analyst Forecast & Price Prediction
Start investing in Independent Bank (INDB)
Order type
Buy in
Order amount
Est. shares
0 shares