INDB (Independent Bank) Growth Rank: 3 (As of Aug. 14, 2026) — 40% Below Median

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INDB Independent Bank Corp INDB
68 GF Score
Price $85.50
GF Value $80.93
Valuation Fairly Valued
! 6 Warning Signs
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What is Independent Bank Growth Rank?

Independent Bank INDB +0.20% 68 Growth Rank is 3 as of Aug. 14, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates INDB with a GF Score™ of 68/100 and a GF Value™ of $80.93 (Fairly Valued). The stock has 6 warning signs investors should review.

Independent Bank has the Growth Rank of 3.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability, rated on a scale from 1 to 10. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

A higher score reflects a greater ability to drive business growth, with companies considered to have strong and sustainable expansion potential. Conversely, a lower score indicates challenges in achieving consistent growth and scalability.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.

Independent Bank Growth Rank Related Terms

INDB vs RNST, WSFS, CVBF: Growth Rank Comparison

For the Banks - Regional subindustry, Independent Bank's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Independent Bank Growth Rank vs Banks Industry

For the Banks industry and Financial Services sector, Independent Bank's Growth Rank distribution charts can be found below:

* The bar in red indicates where Independent Bank's Growth Rank falls into.


INDB
68GF Score
Independent Bank Corp INDB
Growth Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Growth Rank →
What does a Growth Rank of 3 mean?
Independent Bank (INDB) has a Growth Rank of 3 as of Aug. 14, 2026. Growth Rank measures the growth of a company in terms of its revenue and profitability. View historical data on Independent Bank and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Independent Bank's Growth Rank has ranged from 1.00 to 9.00.
Is Independent Bank's Growth Rank too high?
Independent Bank's current Growth Rank of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. Overall, Independent Bank has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's Growth Rank compare to RNST and WSFS?
Independent Bank's Growth Rank of 3 can be compared against companies in the Banks industry. Historically, Independent Bank's own Growth Rank has ranged from 1.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Growth Rank for a Banks company?
A good Growth Rank depends on the Banks industry context. However, Growth Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Growth Rank mean?
A high Growth Rank can signal that a stock is expensive relative to its fundamentals. Growth Rank measures the growth of a company in terms of its revenue and profitability. View historical data on Independent Bank and its competitors. Independent Bank's current Growth Rank is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Bank stock overvalued right now?
Based on GuruFocus' analysis, Independent Bank (INDB) is currently considered Fairly Valued. The stock's GF Value™ is $80.93, compared to a current price of $85.50 — trading 5.6% above its estimated fair value. The current Growth Rank is 3, which is 40% below median its 10-year median of 5.00. Independent Bank's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Growth Rank calculated?
Growth Rank is calculated from a company's financial statements. For Independent Bank (INDB), the current Growth Rank is 3 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Independent Bank (INDB) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Bank stock appears to be overvalued. The current stock price of $85.50 is trading 5.6% above its estimated GF Value™ of $80.93. GuruFocus considers Independent Bank to be Fairly Valued.

Key valuation signals for INDB:

  • Growth Rank: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: $80.93 vs. price of $85.50 (5.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs

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

Independent Bank Business Description

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.
68GF Score

Get the complete analysis for INDB

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

$85.50
Price
$80.93
GF Value