Independent Bank Corp. $INDB Shares Sold by Vest Financial LLC

Vest Financial LLC lowered its position in Independent Bank Corp. (NASDAQ:INDB) by 38.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,859 shares of the bank’s stock after selling 12,762 shares during the quarter. Vest Financial LLC’s holdings in Independent Bank were worth $1,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new stake in Independent Bank in the 2nd quarter valued at $1,486,000. Commonwealth Equity Services LLC grew its stake in shares of Independent Bank by 116.9% in the third quarter. Commonwealth Equity Services LLC now owns 86,830 shares of the bank’s stock valued at $6,006,000 after buying an additional 46,796 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Independent Bank during the 2nd quarter valued at about $389,000. Edgestream Partners L.P. acquired a new position in Independent Bank during the 2nd quarter worth approximately $946,000. Finally, First Trust Advisors LP lifted its position in Independent Bank by 78.7% during the 2nd quarter. First Trust Advisors LP now owns 657,570 shares of the bank’s stock worth $41,351,000 after acquiring an additional 289,590 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Independent Bank

In other news, Director Thomas R. Venables sold 405 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $73.93, for a total transaction of $29,941.65. Following the completion of the transaction, the director owned 20,557 shares in the company, valued at approximately $1,519,779.01. This represents a 1.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerard F. Nadeau sold 3,000 shares of Independent Bank stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $70.00, for a total transaction of $210,000.00. Following the completion of the sale, the director owned 22,395 shares in the company, valued at approximately $1,567,650. This represents a 11.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 200,405 shares of company stock worth $13,971,482. Insiders own 0.81% of the company’s stock.

Independent Bank Stock Performance

Shares of INDB stock opened at $78.32 on Friday. The company has a market cap of $3.88 billion, a P/E ratio of 17.60 and a beta of 0.79. The business has a 50 day moving average of $74.42 and a two-hundred day moving average of $70.42. Independent Bank Corp. has a 52 week low of $52.15 and a 52 week high of $80.92. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 0.22.

Independent Bank (NASDAQ:INDB) last announced its quarterly earnings results on Thursday, January 22nd. The bank reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.05. Independent Bank had a return on equity of 8.09% and a net margin of 17.51%.The business had revenue of $253.93 million for the quarter, compared to analysts’ expectations of $249.64 million. As a group, analysts anticipate that Independent Bank Corp. will post 5.41 EPS for the current year.

Independent Bank Dividend Announcement

The company also recently declared 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 of this dividend was Monday, December 29th. This represents a $2.36 annualized dividend and a dividend yield of 3.0%. Independent Bank’s payout ratio is 53.03%.

Wall Street Analyst Weigh In

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

More Independent Bank News

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

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.