logo
Select company
Select metric
10.91Enterprise Value over EBITDA
VS
Market
61
Sector
49
Industry
37
History
45
$ 68.8Close
$ 53.62 - $ 74.97 52-Week Range
Ticker Information

Ticker

INDB

Company Name

INDEPENDENT BANK CORP

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

INDEPENDENT BANK CORP - Enterprise Value over EBITDA Chart Analysis (TTM)

From
Zoom
1Y
3Y
5Y
10Y

INDB - EV/EBITDA Historical data
DateEarnings Before Interest Taxes & Depreciation Amortization (EBITDA)Enterprise ValueEnterprise Value over EBITDA
6/30/2025$ 280.37M$ 3.06B10.91
3/31/2025$ 282.69M$ 2.73B9.67
12/31/2024$ 288.02M$ 3.4B11.81
9/30/2024$ 295.14M$ 3.24B10.98
6/30/2024$ 318.85M$ 2.85B8.95
3/31/2024$ 333.06M$ 2.98B8.94
12/31/2023$ 351.24M$ 3.17B9.02
9/30/2023$ 381.35M$ 3.08B8.07
6/30/2023$ 396.65M$ 3.22B8.12
3/31/2023$ 397.19M$ 2.6B6.54
Previous (option currently disabled)
1 (current)
Next (option currently disabled)

Key Performance Insights, Last 5 Years

  • INDEPENDENT BANK CORP's latest trailing twelve months (TTM) EV/EBITDA stands at 4.99.
  • Over the past 5 years, INDEPENDENT BANK CORP's average EV/EBITDA has been 8.41.
  • The median EV/EBITDA for INDEPENDENT BANK CORP during this period was 8.98
  • INDEPENDENT BANK CORP reached its highest EV/EBITDA over the past 5 years at 11.81.
  • The lowest EV/EBITDA recorded by INDEPENDENT BANK CORP in the same timeframe 1.14

INDEPENDENT BANK CORP's EV/EBITDA vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

EV/EBITDA Benchmarks
CompanyEV/EBITDA
CATY : CATHAY GENERAL BANCORP 6.81WSBC : WESBANCO INC 21.17EBC : EASTERN BANKSHARES INC 68.93RNST : RENASANT CORP 13.2BOH : BANK OF HAWAII CORP 9.68CBU : COMMUNITY FINANCIAL SYSTEM INC 12.59SFNC : SIMMONS FIRST NATIONAL CORP 13.95FHB : FIRST HAWAIIAN INC 5.35BANF : BANCFIRST CORP 0.58TBBK : BANCORP INC 8.79

Definition of Enterprise Value over EBITDA

[Calculation] Measures a company’s Enterprise Value [EV] in relation to its earnings before interest, taxes, depreciation, and amortization [EBITDA].
EV / EBITDA
(=) EV/EBITDA
EV/EBITDA for INDEPENDENT BANK CORP is calculated as follows: EV [ $ 977.91M ] / EBITDA [ $ 196.09M ]
(=) EV/EBITDA [ 4.99 ]

INDB - Enterprise Value over EBITDA, Last 5 years

1.14

Minimum

Jun 30, 2021

11.81

Maximum

Dec 31, 2024

8.41

Average

8.98

Median

EV/EBITDA Benchmark Analysis

The chart above depicts the distribution of EV/EBITDA for companies in the Total Stock Market. The average EV/EBITDA of the companies is 13.49 with a standard deviation of 7.65.
The following table provides additional summary stats:
EV/EBITDA in the Market:
filtered constituents2.44K
min0.01
max40.82
average13.49
median11.75
std7.65