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Independent Bank's ROE % for the quarter that ended in Mar. 2026 was 9.00%. Independent Bank's PB Ratio for the quarter that ended in Mar. 2026 was 1.03.
Independent Bank's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.74%.
Independent Bank ROE % Adjusted to Book Value Related Terms
Independent Bank ROE % Adjusted to Book Value Historical Data
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The historical data trend for Independent Bank's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart
INDB vs RNST, WSFS, CVBF: ROE % Adjusted to Book Value Comparison
For the Banks - Regional subindustry, Independent Bank's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry
For the Banks industry and Financial Services sector, Independent Bank's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Independent Bank's ROE % Adjusted to Book Value falls into.
* 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.
What does a ROE % Adjusted to Book Value of 8.74% mean?
Independent Bank (INDB) has a ROE % Adjusted to Book Value of 8.74% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Independent Bank and its competitors.
Is Independent Bank's ROE % Adjusted to Book Value too high?
Independent Bank's current ROE % Adjusted to Book Value is 8.74%. Overall, Independent Bank has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Bank's ROE % Adjusted to Book Value compare to RNST and WSFS?
Independent Bank's ROE % Adjusted to Book Value of 8.74% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Independent Bank and its competitors. Independent Bank's current ROE % Adjusted to Book Value is 8.74%. 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 Modestly Overvalued. The stock's GF Value™ is $75.60, compared to a current price of $83.67 — trading 10.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.74%. Independent Bank's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Independent Bank (INDB), the current ROE % Adjusted to Book Value is 8.74% as of Mar. 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 $83.67 is trading 10.7% above its estimated GF Value™ of $75.60.
GuruFocus considers Independent Bank to be Modestly Overvalued.
Key valuation signals for INDB:
ROE % Adjusted to Book Value: 8.74%
GF Value™: $75.60 vs. price of $83.67 (10.7% above fair value)
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 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
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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