Independent Bank (FRA:60O) Beta: N/A (As of Aug. 10, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:60O Independent Bank Corp FRA:60O
64 GF Score
Price €72.00
GF Value €66.72
! 6 Warning Signs
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What is Independent Bank Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-10), Independent Bank's Beta is Not available.

Independent Bank  (FRA:60O) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Independent Bank Beta Related Terms

Independent Bank Beta Historical Data

* Premium members only.

The historical data trend for Independent Bank's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Independent Bank Beta Chart

Independent Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Independent Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:60O
64GF Score
Independent Bank Corp FRA:60O
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Bank Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Independent Bank (FRA:60O) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued. The current stock price of €72.00 is trading 7.9% above its estimated GF Value™ of €66.72.

Key valuation signals for FRA:60O:

  • Beta: N/A
  • GF Value™: €66.72 vs. price of €72.00 (7.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FRA:60O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Independent Bank Business Description

Other Exchanges INDB:USA
Address 2036 Washington Street, Hanover, MA, USA, 02339
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
64GF Score

Get the complete analysis for FRA:60O

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€72.00
Price
€66.72
GF Value