MetaCap

Independent Bank (IBCP) vs NB Bancorp (NBBK)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

NB Bancorp (NBBK) has outperformed Independent Bank (IBCP) over the past year, gaining 28.9% versus a gain of 14.8%. NB Bancorp is the larger company by market cap ($988.1 million vs $736.7 million), about 1.3 times the size. On valuation, NB Bancorp trades at a lower forward P/E (8.6x vs 9.2x for Independent Bank).

NB Bancorp offers the higher dividend yield (4.35% vs 3.02%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IBCP+14.80%NBBK+28.93%
+35%+15%-5%
Oct 8, 20251 yearOct 8, 2026
IBCP+37.43%NBBK+67.66%
+76%+31%-15%
Dec 25, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IBCP versus NBBK key metrics
MetricIBCPNBBK
Share price$35.76$22.55
Market cap$736.75M$988.11M
1-day change+0.59%+1.26%
YTD return+9.93%+13.77%
1-year return+14.80%+28.93%
5-year return+62.99%—
P/E ratio (TTM)10.3714.74
Forward P/E9.228.57
EPS (TTM)$3.45$1.53
Dividend yield3.02%4.35%
Annual dividend$1.08$0.98
52-week high$39.24$23.47
52-week low$29.83$16.84
Distance from 52-week high-8.87%-3.92%
Analyst consensusbuybuy
Avg. price target upside+12.42%+13.08%
Average volume195.82K306.95K
Shares outstanding20.60M43.82M
Employees735526
SectorFinancial ServicesFinancial Services
IndustryBanks - RegionalBanks - Regional

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • NBBK has outperformed IBCP by 14.1 percentage points over the past year.
  • NB Bancorp trades at a higher earnings multiple (14.7x vs 10.4x trailing P/E).
  • NB Bancorp offers a meaningfully higher dividend yield (4.35% vs 3.02%).

About Independent Bank

IBCP stock →

Independent Bank Corporation operates as the bank holding company for Independent Bank that provides banking services in the United States. The company offers demand deposits, interest checking, money market accounts, savings accounts, and time certificates of deposit, including free checking accounts.

Financial Services · Banks - Regional · 735 employees

About NB Bancorp

NBBK stock →

NB Bancorp, Inc. focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in the Greater Boston metropolitan area and surrounding communities in the United States.

Financial Services · Banks - Regional · 526 employees

IBCP vs NBBK FAQ

Which is bigger, Independent Bank or NB Bancorp?

NB Bancorp (NBBK) is larger, with a market capitalization of $988.11M compared with $736.75M for Independent Bank (IBCP).

Which stock has performed better over the past year, IBCP or NBBK?

NBBK returned +28.93% over the past 12 months, compared with +14.80% for IBCP (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, IBCP or NBBK?

IBCP has the lower trailing P/E at 10.4, versus 14.7 for NBBK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Independent Bank or NB Bancorp?

NB Bancorp has the higher yield at 4.35%, compared with 3.02% for Independent Bank.

Are Independent Bank and NB Bancorp in the same industry?

Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.

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