What is Seaport Res Ptn’s Estimate for INDB Q3 Earnings?

Independent Bank Corp. (NASDAQ:INDB) – Equities research analysts at Seaport Res Ptn issued their Q3 2025 EPS estimates for Independent Bank in a report released on Monday, June 9th. Seaport Res Ptn analyst L. Hunsicker expects that the bank will post earnings of $1.45 per share for the quarter. The consensus estimate for Independent Bank’s current full-year earnings is $5.41 per share. Seaport Res Ptn also issued estimates for Independent Bank’s Q4 2025 earnings at $1.62 EPS, FY2025 earnings at $5.29 EPS, Q1 2026 earnings at $1.68 EPS, Q2 2026 earnings at $1.78 EPS, Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $1.94 EPS and FY2026 earnings at $7.27 EPS.

Several other research analysts have also recently issued reports on the stock. Keefe, Bruyette & Woods dropped their target price on shares of Independent Bank from $80.00 to $72.00 and set a “market perform” rating on the stock in a report on Monday, April 21st. Wall Street Zen cut shares of Independent Bank from a “hold” rating to a “sell” rating in a research note on Saturday, April 26th. Finally, Piper Sandler dropped their price objective on shares of Independent Bank from $74.00 to $63.00 and set a “neutral” rating on the stock in a report on Monday, April 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Independent Bank currently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Independent Bank Price Performance

Shares of INDB stock opened at $65.25 on Wednesday. Independent Bank has a one year low of $45.11 and a one year high of $77.23. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.95 and a quick ratio of 0.95. The company’s 50-day simple moving average is $60.38 and its two-hundred day simple moving average is $64.28. The company has a market capitalization of $2.78 billion, a P/E ratio of 14.44 and a beta of 0.84.

Independent Bank (NASDAQ:INDB) last released its earnings results on Thursday, April 17th. The bank reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.12). The business had revenue of $178.04 million for the quarter, compared to the consensus estimate of $175.03 million. Independent Bank had a net margin of 19.58% and a return on equity of 6.57%.

Hedge Funds Weigh In On Independent Bank

Several institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of Independent Bank by 156.9% in the 1st quarter. GAMMA Investing LLC now owns 429 shares of the bank’s stock valued at $27,000 after purchasing an additional 262 shares during the period. Venturi Wealth Management LLC acquired a new position in shares of Independent Bank in the fourth quarter worth about $62,000. Smartleaf Asset Management LLC raised its position in shares of Independent Bank by 105.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,056 shares of the bank’s stock worth $68,000 after acquiring an additional 542 shares during the period. Quarry LP raised its position in shares of Independent Bank by 1,328.6% in the first quarter. Quarry LP now owns 1,300 shares of the bank’s stock worth $81,000 after acquiring an additional 1,209 shares during the period. Finally, Sterling Capital Management LLC raised its position in shares of Independent Bank by 810.2% in the fourth quarter. Sterling Capital Management LLC now owns 1,338 shares of the bank’s stock worth $86,000 after acquiring an additional 1,191 shares during the period. Institutional investors and hedge funds own 83.40% of the company’s stock.

Independent Bank Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 7th. Stockholders of record on Monday, March 31st were issued a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 3.62%. The ex-dividend date of this dividend was Monday, March 31st. This is a boost from Independent Bank’s previous quarterly dividend of $0.57. Independent Bank’s payout ratio is 53.15%.

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. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit.