VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener

Independent Bank Corp. (INDB) Total Return Calculator with Dividends Reinvested

Independent Bank Corp.

Popular:

The total return for Independent Bank Corp. (INDB) stock is +32.28% over the past 12 months. So far it's up 8.30% this year. The 5-year total return is +9.69%, meaning $10,000 invested in INDB stock 5 years ago would be worth $10,969 today. Total return includes price appreciation plus reinvesting any dividends paid out.

If you invested $10,000 in INDB 1 year ago, it would be worth $13,390 today — you'd have gained $3,390 with dividends reinvested.

With Dividends Reinvested$13,390+33.90%

Price Only (No DRIP)$12,938+29.38%

Dividend Boost+$4524 payments · +4.52% extra

Period2025-05-07 → 2026-05-06

Price

Total Return (DRIP)

Dividends

S&P 500

If You Invested $10,000 in INDB

1Y$13,228+$3,228 (+32.3%)32.3% CAGR

3Y$17,846+$7,846 (+78.5%)21.3% CAGR

5Y$10,969+$969 (+9.7%)1.9% CAGR

10Y$20,911+$10,911 (+109.1%)7.7% CAGR

15Y$35,026+$25,026 (+250.3%)8.7% CAGR

20Y$33,068+$23,068 (+230.7%)6.2% CAGR

30Y$141,196+$131,196 (+1312.0%)9.2% CAGR

Dividend Reinvestment History (4)▲ Hide

Ex-Date	Dividend	Reinvest Price	Shares Added
2025-06-30	$0.59	$62.89	+0.009381
2025-09-29	$0.59	$69.44	+0.008576
2025-12-29	$0.59	$74.69	+0.008041
2026-03-30	$0.64	$73.58	+0.008924

Loading INDB total return...

As of 2026-05-07

Returns at a Glance

Period	Total Return	CAGR	Price Only	Div. Contrib.	$10K →
YTD	+8.30%	—	+7.43%	+0.87 pp	$10,830
1Y	+32.28%	32.28%	+28.35%	+3.93 pp	$13,228
3Y	+78.46%	21.30%	+64.01%	+14.46 pp	$17,846
5Y	+9.69%	1.87%	-3.78%	+13.46 pp	$10,969
10Y	+109.11%	7.66%	+68.29%	+40.82 pp	$20,911
15Y	+250.26%	8.72%	+169.26%	+80.99 pp	$35,026
20Y	+230.68%	6.16%	+145.78%	+84.90 pp	$33,068
30Y	+1311.96%	9.23%	+906.71%	+405.25 pp	$141,196

Risk & Highlights

Best Year+88.51%1997

Worst Year-26.21%1999

Max Drawdown-14.45%2026-02-06 → 2026-03-30

Annual Returns

Year	Total Return	Price Return	Div.	S&P 500	vs S&P
2026YTD	+6.67%	+6.67%	—	+0.41%	+6.3pp
2025	+19.39%	+15.65%	+3.7pp	+16.64%	+2.7pp
2024	+1.84%	-1.65%	+3.5pp	+24.00%	-22.2pp
2023	-17.57%	-20.24%	+2.7pp	+24.81%	-42.4pp
2022	+3.83%	+1.33%	+2.5pp	-19.95%	+23.8pp

INDB outperformed the S&P 500 by 0.96pp over the past year (+32.28% vs +31.32%).

Loading summary...

INDB Peers' Total Return

Accurate peer set · 10 comparable names

Name	Mkt Cap	30D Rtn	YTD Total Rtn	1Y Total Rtn	Div Contrib	3Y Total Rtn	5Y Total Rtn	10Y Total Rtn
INDBIndependent Bank Corp.	$3.9B	+1.1%	+8.3%	+32.3%	+3.9pp	+78.5%	+9.7%	+109.1%
WSFSWSFS Financial Corporation	$3.8B	+7.0%	+31.3%	+37.4%	+1.3pp	+135.5%	+43.1%	+128.7%
NBTBNBT Bancorp Inc.	$2.4B	+3.5%	+9.6%	+9.3%	+3.4pp	+54.5%	+29.5%	+102.2%
TRMKTrustmark Corporation	$2.6B	+4.2%	+15.5%	+33.0%	+2.8pp	+118.6%	+47.4%	+127.3%
CVBFCVB Financial Corp.	$2.8B	+4.5%	+11.6%	+13.6%	+4.2pp	+95.0%	+11.9%	+67.4%
IBCPIndependent Bank Corporation	$696M	+0.1%	+6.8%	+12.2%	+3.5pp	+129.8%	+63.0%	+185.0%
SFNCSimmons First National Corporation	$3.1B	+9.0%	+15.9%	+17.7%	+4.5pp	+54.9%	-14.9%	+26.4%
FULTFulton Financial Corporation	$4.2B	+4.9%	+12.9%	+31.9%	+4.3pp	+133.8%	+43.3%	+107.7%
BOKFBOK Financial Corporation	$10.4B	+4.3%	+14.7%	+47.4%	+2.6pp	+82.1%	+62.2%	+172.7%
UMBFUMB Financial Corporation	$10.2B	+16.4%	+15.4%	+35.5%	+1.7pp	+148.7%	+45.2%	+169.5%
WTFCWintrust Financial Corporation	$10.3B	+9.2%	+7.8%	+36.5%	+1.8pp	+151.0%	+106.0%	+227.7%

Compare:INDB vs WSFS INDB vs NBTB INDB vs TRMK INDB vs WSFS vs NBTB

About INDB Dividend Returns

Independent Bank Corp. (INDB) is a dividend-paying stock. When dividends are reinvested through a DRIP (Dividend Reinvestment Plan), they purchase additional shares, which then generate their own dividends—creating a compounding effect that can significantly boost long-term returns.

How We Calculate Total Return

Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform.

Frequently Asked Questions

Q1What is the total return of INDB over the past year?

Independent Bank Corp. (INDB) delivered a total return of 32.28% over the past year when dividends are reinvested. The price-only return was 28.35%, meaning dividends contributed an additional 3.93 percentage points to total returns.

Q2How much would $10,000 invested in INDB be worth today?

A $10,000 investment in Independent Bank Corp. one year ago would be worth $13,228 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $12,835. Dividend reinvestment added $393 to the portfolio value.

Q3Does INDB pay dividends?

Yes, Independent Bank Corp. (INDB) pays dividends. In the last year, INDB paid approximately $2.26 per share in dividends (2.88% yield). Reinvesting these dividends through a DRIP can significantly boost long-term returns — over 20+ years, dividend compounding can account for 30–50% of total returns for dividend-paying stocks.

Q4Did INDB beat the S&P 500?

Yes, Independent Bank Corp. (INDB) outperformed the S&P 500 by 0.96 percentage points over the past year. INDB delivered a total return of 32.28%, compared to the S&P 500's 31.32%. This 0.96pp alpha means investors in INDB earned more than a passive S&P 500 index fund.

Q5What is INDB's worst drawdown?

Independent Bank Corp. (INDB) experienced a maximum drawdown of -14.45% over the past year, declining from its peak on 2026-02-06 to its trough on 2026-03-30. The stock has not yet fully recovered to its prior peak. Maximum drawdown measures the worst peak-to-trough decline and is an important risk metric for investors.

Q6What is INDB's long-term total return over 10, 20, or 30 years?

Here are Independent Bank Corp. (INDB)'s long-term returns with dividends reinvested. Over 10 years, the total return is 109.1% (7.7% CAGR) — $10,000 would have grown to $20,911. Over 20 years: 230.7% total return (6.2% CAGR) — $10,000 → $33,068. Over 30 years: 1312.0% total return (9.2% CAGR) — $10,000 → $141,196. Long-term investors benefit from compounding: dividends buy additional shares, which generate their own dividends, creating an exponential growth effect.

Q7What was INDB's best and worst year?

Independent Bank Corp.'s best calendar year was 1997 with a total return of 88.5%. Its worst year was 1999 with a total return of -26.2%. This range shows the volatility investors should expect — the difference between the best and worst year is 114.7 percentage points.