Independent Bank (INDB) Projected to Post Quarterly Earnings on Thursday

Independent Bank (NASDAQ:INDB) is expected to be posting its Q2 2026 results after the market closes on Thursday, July 16th. Analysts expect Independent Bank to post earnings of $1.77 per share and revenue of $258.4150 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 17, 2026 at 10:00 AM ET.

Independent Bank (NASDAQ:INDB) last posted its quarterly earnings results on Thursday, April 16th. The bank reported $1.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($0.02). Independent Bank had a return on equity of 8.66% and a net margin of 19.14%.The business had revenue of $252.72 million during the quarter, compared to analyst estimates of $251.45 million. During the same period last year, the company earned $1.06 EPS. On average, analysts expect Independent Bank to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Independent Bank Trading Down 2.5%

INDB stock opened at $82.27 on Thursday. The business’s 50 day moving average is $80.26 and its 200-day moving average is $78.86. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.22. Independent Bank has a 1-year low of $61.55 and a 1-year high of $87.00. The firm has a market cap of $3.98 billion, a P/E ratio of 16.32 and a beta of 0.77.

Independent Bank Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 9th. Investors of record on Monday, June 29th will be given a dividend of $0.64 per share. The ex-dividend date is Monday, June 29th. This represents a $2.56 dividend on an annualized basis and a yield of 3.1%. Independent Bank’s dividend payout ratio is 50.79%.

Wall Street Analyst Weigh In

A number of brokerages have commented on INDB. Piper Sandler increased their price objective on shares of Independent Bank from $84.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Raymond James Financial restated a “strong-buy” rating and issued a $97.00 price target on shares of Independent Bank in a report on Friday, April 17th. Weiss Ratings upgraded shares of Independent Bank from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 8th. Keefe, Bruyette & Woods reduced their price target on shares of Independent Bank from $96.00 to $94.00 and set an “outperform” rating for the company in a report on Monday, April 20th. Finally, Independent Research set a $95.00 price objective on shares of Independent Bank in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.57.

Insiders Place Their Bets

In other Independent Bank news, Director Joseph C. Lerner sold 2,832 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $77.31, for a total transaction of $218,941.92. Following the completion of the transaction, the director owned 16,215 shares of the company’s stock, valued at $1,253,581.65. This represents a 14.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in INDB. Alliancebernstein L.P. grew its position in Independent Bank by 57.9% in the second quarter. Alliancebernstein L.P. now owns 1,703,144 shares of the bank’s stock valued at $107,102,000 after purchasing an additional 624,833 shares in the last quarter. Verition Fund Management LLC boosted its stake in shares of Independent Bank by 17.6% during the 3rd quarter. Verition Fund Management LLC now owns 946,006 shares of the bank’s stock worth $65,435,000 after buying an additional 141,888 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Independent Bank by 17.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 810,155 shares of the bank’s stock worth $59,206,000 after buying an additional 120,362 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Independent Bank by 0.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 594,258 shares of the bank’s stock valued at $43,428,000 after acquiring an additional 3,894 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Independent Bank by 40.8% in the 3rd quarter. Bank of America Corp DE now owns 555,180 shares of the bank’s stock valued at $38,402,000 after acquiring an additional 160,788 shares in the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

About Independent Bank

Independent Bank Group, Inc (NASDAQ:INDB) is a bank holding company headquartered in McKinney, Texas, that provides a range of financial services through its wholly owned subsidiary, Independent Bank. Tracing its roots to the late 19th century, the company has grown from a single community bank into a regional financial institution serving individuals, small businesses and commercial clients. Independent Bank Group became a bank holding company in 1983 and expanded its footprint through organic growth and strategic acquisitions.

The company’s primary business activities encompass retail and commercial banking, including deposit products, consumer and business lending and credit services.