
Profitability, historical returns, and peer comparisons.
According to Independent Bank Corp.’s latest financial reports and current stock price. The company's current ROE is 9.29%. This represents a change of 299.64% compared to the average of 2.32% of the last 4 quarters.
The mean historical ROE of Independent Bank Corp. over the last ten years is 7.98%. The current 9.29% ROE has changed 16.41% with respect to the historical average. Over the past ten years (40 quarters), INDB's ROE was at its highest in in the September 2018 quarter at 3.31%. The ROE was at its lowest in in the December 2021 quarter at 0.06%.
Average
7.98%
Median
8.57%
Minimum
4.01%
Maximum
11.33%
Discovering the peaks and valleys of Independent Bank Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 127.99%
Maximum Annual ROE = 11.33%
Minimum Annual Increase = -43.67%
Minimum Annual ROE = 4.01%
| Year | ROE | Change |
|---|---|---|
| 2025 | 5.75% | -10.36% |
| 2024 | 6.42% | -22.42% |
| 2023 | 8.27% | -9.48% |
| 2022 | 9.14% | 127.99% |
| 2021 | 4.01% | -43.67% |
| 2020 | 7.12% | -26.41% |
| 2019 | 9.67% | -14.65% |
| 2018 | 11.33% | 22.62% |
| 2017 | 9.24% | 4.23% |
| 2016 | 8.86% | 5.27% |
The current ROE of Independent Bank Corp. (INDB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.81%
5-year avg
6.72%
10-year avg
7.98%
Independent Bank Corp.’s ROE is less than Lakeland Financial Corporation (15.07%), less than Bankwell Financial Group, Inc. (14.33%), less than Washington Trust Bancorp, Inc. (11.76%), less than Tompkins Financial Corporation (19.07%), less than Northeast Bank (19.51%), less than Citizens Financial Services, Inc. (12.40%), less than C&F Financial Corporation (11.28%), less than Bar Harbor Bankshares (10.50%), less than West Bancorporation, Inc. (14.94%), less than John Marshall Bancorp, Inc. (9.80%),
| Company | ROE | Market cap |
|---|---|---|
| 15.07% | $1.53B | |
| 14.33% | $582.03M | |
| 11.76% | $760.68M | |
| 19.07% | $1.47B | |
| 19.51% | $1.11B | |
| 12.40% | $420.16M | |
| 11.28% | $360.87M | |
| 10.50% | $696.38M | |
| 14.94% | $531.93M | |
| 9.80% | $327.40M |
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What is the ROE?
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What is Independent Bank Corp.'s ROE?
How is the ROE calculated for Independent Bank Corp. (INDB)?
What is the highest ROE for Independent Bank Corp. (INDB)?
What is the 3-year average ROE for Independent Bank Corp. (INDB)?
What is the 5-year average ROE for Independent Bank Corp. (INDB)?
How does the current ROE for Independent Bank Corp. (INDB) compare to its historical average?