Independent Bank Corp INDB Price / book

Price / book at other companies

Bank of AmericaBAC

1.3×+0.2×

Citizens Financial GroupCFG

1.1×+0.4×

Eastern Bankshares, Inc.EBC

1.1×+0.3×

International BancsharesIBOC

1.4×0.0×

First Merchants CorporationFRME

1×+0.1×

Customers BancorpCUBI

1.2×+0.3×

FAQ

What is Independent Bank Corp's price / book?

Independent Bank Corp (INDB) reported price / book of 1.2× in Q2 2026.

How has Independent Bank Corp's price / book changed year-over-year?

Independent Bank Corp's price / book increased by 32.3% year-over-year, from 0.9× to 1.2×.

What is the long-term trend for Independent Bank Corp's price / book?

Over 5 years (2020 to 2025), Independent Bank Corp's price / book has grown at a -12.9% compound annual growth rate (CAGR), from 2× to 1×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.