Nama's AI scorecard currently rates Independent Bank Buy (7.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is INDB's P/E ratio?

Independent Bank trades at a trailing price-to-earnings ratio of 12.1.

When does INDB report earnings?

Independent Bank's next scheduled report is on Jan 21, 2027. Analysts expect EPS of $1.97.

What is the INDB price target?

The median analyst price target from 7 analysts is $96.00, with a range of $86.00 – $103.00.

Is INDB Shariah compliant?

Nama's AAOIFI-style screen reads Independent Bank as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does INDB pay a dividend?

Yes — Independent Bank's dividend yield is 3.0%.

Nama Insights

Independent Bank (INDB)

Financial Services · Banks Regional · NASDAQ

Independent Bank (INDB) is a Financial Services company in the Banks Regional industry. It has a market capitalization of $3.94B and a trailing price-to-earnings ratio of 12.1. Over the most recent reported fiscal year, revenue grew 24.3%. Nama's AI scorecard rates it Buy, 7.0 out of 10. On 12-month momentum it ranks in the rising band of its market.

AI scorecard

Buy · 7.0/10

Positive, at the low end of Buy. As of Nov 7, 2026.

Momentum

Rising · +12.7% over 12 months ex. last

Second-best fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-10.1%

How far the last close sits under the highest price of the past five years.

Market cap	$3.94B
Trailing P/E	12.1
Price / book	1.1
Price / sales	4.0
FCF yield	—
Dividend yield	3.0%
Gross margin	0.0%
Operating margin	—
Net margin	32.7%
Revenue growth (YoY)	+24.3%
Revenue growth (3-yr annual)	+5.6%
EPS growth (YoY)	+22.2%
FCF/share growth (YoY)	—
Beta	0.8
Exchange	NASDAQ
Sector	Financial Services
Industry	Banks Regional

INDB earnings

Next report: Jan 21, 2027 (Q4 2026, EPS estimate $1.97). Beat the EPS estimate in 3 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Oct 15, 2026	$1.90	$1.85	+2.7%	—
Q2 2026	Jul 16, 2026	$1.70	$1.78	-4.5%	$250.86M
Q1 2026	Apr 16, 2026	$1.68	$1.66	+1.2%	$250.32M
Q4 2025	Jan 22, 2026	$1.70	$1.65	+3.0%	$245.44M

INDB analyst price target

Median target $96.00 from 7 analysts, ranging $86.00 – $103.00.

Banks Regional peers

Ticker	Company	Market cap	P/E
HDB	HDFC Bank	$129.32B	15.9
IBN	ICICI Bank	$121.68B	21.2
MFG	Mizuho Financial Group	$113.48B	13.1
USB	U.S. Bancorp	$92.63B	11.6
PNC	PNC Financial Services Group	$89.43B	12.0
ITUB	Itaú Unibanco	$81.45B	8.6
LYG	Lloyds Banking Group	$72.69B	9.8
DB	Deutsche Bank Aktiengesellschaft	$64.60B	10.5

Explore live INDB data on Nama Insights →

Recent Congressional trades

Independent Bank trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Gilbert Cisneros	House	Buy	$1,001 - $15,000	Jun 8, 2026

INDB FAQ

Is INDB a buy?: Nama's AI scorecard currently rates Independent Bank Buy (7.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is INDB's P/E ratio?: Independent Bank trades at a trailing price-to-earnings ratio of 12.1.
When does INDB report earnings?: Independent Bank's next scheduled report is on Jan 21, 2027. Analysts expect EPS of $1.97.
What is the INDB price target?: The median analyst price target from 7 analysts is $96.00, with a range of $86.00 – $103.00.
Is INDB Shariah compliant?: Nama's AAOIFI-style screen reads Independent Bank as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does INDB pay a dividend?: Yes — Independent Bank's dividend yield is 3.0%.