Analysts predict that Independent Bank Corp. will post 5.34 EPS for the current fiscal year.

Source: https://www.americanbankingnews.com/2023/10/15/state-of-alaska-department-of-revenue-lowers-position-in-independent-bank-corp-nasdaqindb.html

As a group, equities analysts forecast that Independent Bank Group will post 3.29 earnings per share for the current year.

Source: https://www.etfdailynews.com/2023/09/30/brokerages-set-independent-bank-group-inc-nasdaqibtx-pt-at-50-40/

Finally, Truist Financial decreased their target price on shares of Independent Bank Group from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, January 25th.

Source: https://www.etfdailynews.com/2023/02/21/connor-clark-lunn-investment-management-ltd-takes-686000-position-in-independent-bank-group-inc-nasdaqibtx/

First Republic Investment Management Inc. decreased its position in Independent Bank Corp. () by 1.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission.

Source: https://www.etfdailynews.com/2023/02/05/independent-bank-corp-nasdaqindb-shares-sold-by-first-republic-investment-management-inc/

FMR LLC raised its stake in shares of Independent Bank by 7.9% in the 2nd quarter.

Source: https://www.etfdailynews.com/2023/03/10/commonwealth-equity-services-llc-has-3-58-million-holdings-in-independent-bank-corp-nasdaqindb/

Independent Bank Corp. has a 1 year low of $43.28 and a 1 year high of $91.65.

Source: https://www.etfdailynews.com/2023/08/06/kbc-group-nv-trims-position-in-independent-bank-corp-nasdaqindb/

Independent Bank Corp. () has been given a consensus rating of “Hold” by the two ratings firms that are presently covering the stock, reports.

Source: https://www.etfdailynews.com/2023/12/28/independent-bank-corp-nasdaqindb-receives-76-00-average-pt-from-brokerages/

Independent Bank Corp. (NASDAQ:INDB) Shares Acquired by Charles Schwab Investment Management Inc.

Source: https://www.americanbankingnews.com/2023/12/04/45436-shares-in-cousins-properties-incorporated-nysecuz-acquired-by-mirae-asset-global-investments-co-ltd.html

In other words, the market may have been too hard on Independent Bank, but it is good not to underestimate recession risk since any losses in CRE loans would have a significant impact on total capital.

Source: https://seekingalpha.com/article/4643679-independent-bank-slump-continues-despite-q3-above-expectations?source=feed_all_articles

Keefe Bruyette & Woods Downgrades Massachusetts-based Independent Bank to Market Perfor.

Source: https://www.marketscreener.com/quote/stock/INDEPENDENT-BANK-CORPORAT-9612/news/Independent-Bank-4Q-22-Earnings-Conference-Call-Presentation-42823755/?utm_medium=RSS&utm_content=20230126

On average, research analysts forecast that Independent Bank Co. will post 2.54 earnings per share for the current fiscal year.

Source: https://www.etfdailynews.com/2023/07/30/insider-buying-independent-bank-co-nasdaqibcp-director-acquires-1000-shares-of-stock/

Stephens reiterated an “overweight” rating and set a $41.00 price objective on shares of Independent Bank Group in a research report on Tuesday.

Source: https://www.etfdailynews.com/2023/07/29/new-york-state-teachers-retirement-system-reduces-stake-in-independent-bank-group-inc-nasdaqibtx/

TheStreet downgraded shares of Independent Bank Group from a “b-” rating to a “c” rating in a research note on Tuesday, April 25th.

Source: https://www.etfdailynews.com/2023/05/07/insider-buying-independent-bank-group-inc-nasdaqibtx-ceo-purchases-151800-00-in-stock/

UBS Group AG raised its stake in Independent Bank by 46.5% in the 1st quarter.

Source: https://www.etfdailynews.com/2023/09/01/champlain-investment-partners-llc-sells-494950-shares-of-independent-bank-corp-nasdaqindb/