Independent Bank (NASDAQ:INDB) Announces Earnings Results, Beats Expectations By $0.05 EPS

Independent Bank (NASDAQ:INDB) released its earnings results on Thursday. The bank reported $1.70 EPS for the quarter, topping the consensus estimate of $1.65 by $0.05, Zacks reports. Independent Bank had a net margin of 17.51% and a return on equity of 8.09%. The firm had revenue of $253.93 million during the quarter, compared to analysts’ expectations of $249.64 million.

Independent Bank Stock Down 2.8%

Shares of NASDAQ:INDB opened at $78.32 on Friday. The stock has a 50-day simple moving average of $74.42 and a 200-day simple moving average of $70.42. The stock has a market capitalization of $3.88 billion, a P/E ratio of 17.60 and a beta of 0.79. Independent Bank has a 1 year low of $52.15 and a 1 year high of $80.92. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 0.95.

Independent Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Monday, December 29th were issued a dividend of $0.59 per share. The ex-dividend date was Monday, December 29th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.0%. Independent Bank’s payout ratio is presently 53.03%.

Independent Bank News Roundup

Here are the key news stories impacting Independent Bank this week:

• Positive Sentiment: Q4 beat on both EPS and revenue — adjusted EPS of $1.70 topped consensus ($1.65) and revenue benefited from the Enterprise Bank acquisition, driving a 44% YoY revenue increase. This demonstrates tangible growth from M&A. Independent Bank: A Strong Bounce-Back Quarter
• Positive Sentiment: Net interest margin improved sequentially to ~3.77% and management emphasized margin and commercial loan growth as drivers for 2026 — a constructive operational view that supports earnings durability. Independent Bank Corp. Leans on Margin, Commercial Growth
• Neutral Sentiment: Company press release and slide deck provide the official Q4 metrics (net income $75.3M, detailed slides) for anyone modeling forward earnings; analysts still forecast ~5.41 EPS for the year. Useful for valuation updates but not surprising given the results. Independent Bank Corp. Reports Fourth Quarter Net Income of $75.3 Million
• Neutral Sentiment: Full earnings call transcripts are available for detail on loan pipeline, deposit trends, and M&A integration; these are informative for longer-term investors but contain no radical surprises. Independent Bank Corp. (INDB) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Asset-quality is mixed: nonperforming loan ratios improved but net charge-offs rose to ~0.12% of loans — a small but noticeable uptick that can make investors cautious, especially with the stock trading near its 52‑week high. Independent Bank: A Strong Bounce-Back Quarter
• Negative Sentiment: Profit-taking/valuation pressure: after the beat the shares are down as some investors lock in gains (INDB sits near its 52-week high and trades at ~19x P/E), which can outweigh a single-quarter beat in the short term. Independent Bank (INDB) Market Data

Analyst Upgrades and Downgrades

INDB has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Independent Bank in a research report on Thursday. Barclays initiated coverage on Independent Bank in a research note on Wednesday, December 17th. They issued an “equal weight” rating and a $80.00 price target on the stock. Keefe, Bruyette & Woods raised shares of Independent Bank from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $80.00 to $83.00 in a research note on Tuesday, October 21st. Finally, Independent Research set a $80.00 target price on shares of Independent Bank in a research report on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $76.50.

Insider Buying and Selling at Independent Bank

In related news, Director Ken S. Ansin sold 144,000 shares of Independent Bank stock in a transaction on Monday, November 10th. The shares were sold at an average price of $69.94, for a total transaction of $10,071,360.00. Following the transaction, the director owned 288,481 shares in the company, valued at approximately $20,176,361.14. The trade was a 33.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Gerard F. Nadeau sold 3,000 shares of the company’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $70.00, for a total transaction of $210,000.00. Following the sale, the director directly owned 22,395 shares of the company’s stock, valued at approximately $1,567,650. This trade represents a 11.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 200,405 shares of company stock valued at $13,971,482 over the last ninety days. Corporate insiders own 0.81% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of INDB. Creative Planning purchased a new stake in Independent Bank during the 3rd quarter worth $292,000. Blair William & Co. IL acquired a new stake in shares of Independent Bank during the third quarter valued at about $218,000. Tower Research Capital LLC TRC increased its position in shares of Independent Bank by 103.3% during the second quarter. Tower Research Capital LLC TRC now owns 4,171 shares of the bank’s stock worth $262,000 after acquiring an additional 2,119 shares during the last quarter. Vident Advisory LLC acquired a new position in shares of Independent Bank in the second quarter worth about $303,000. Finally, Tidal Investments LLC boosted its holdings in Independent Bank by 5.3% in the second quarter. Tidal Investments LLC now owns 4,979 shares of the bank’s stock valued at $313,000 after purchasing an additional 251 shares during 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.