Intercorp Financial Services (IFS) vs Independent Bank (INDB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Intercorp Financial Services (IFS) has outperformed Independent Bank (INDB) over the past year, gaining 31.5% versus a gain of 11.0%. Over five years, IFS leads with a +102.8% price change compared with -4.1% for INDB. Intercorp Financial Services is the larger company by market cap ($5.85 billion vs $3.65 billion), about 1.6 times the size.
On valuation, Intercorp Financial Services trades at a lower forward P/E (8.0x vs 9.4x for Independent Bank). Intercorp Financial Services offers the higher dividend yield (11.43% vs 3.19%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IFS | INDB |
|---|---|---|
| Share price | $53.00 | $77.12 |
| Market cap | $5.85B | $3.65B |
| 1-day change | +1.34% | -1.39% |
| YTD return | +25.12% | +5.53% |
| 1-year return | +31.48% | +10.96% |
| 5-year return | +102.75% | -4.10% |
| P/E ratio (TTM) | 9.83 | 13.82 |
| Forward P/E | 8.05 | 9.36 |
| EPS (TTM) | $5.39 | $5.58 |
| Dividend yield | 11.43% | 3.19% |
| Annual dividend | $6.06 | $2.46 |
| Revenue (latest FY) | — | $857.52M |
| Revenue growth (YoY) | — | +24.32% |
| Net income (latest FY) | — | $205.12M |
| Net margin | — | 23.92% |
| 52-week high | $61.38 | $87.50 |
| 52-week low | $38.29 | $63.33 |
| Distance from 52-week high | -13.65% | -11.86% |
| Analyst consensus | none | buy |
| Avg. price target upside | +25.32% | +21.15% |
| Average volume | 226.94K | 364.44K |
| Shares outstanding | 110.40M | 47.37M |
| Employees | 9,229 | 2,294 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Major Banks |
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
- IFS has outperformed INDB by 20.5 percentage points over the past year.
- Independent Bank trades at a higher earnings multiple (13.8x vs 9.8x trailing P/E).
- Intercorp Financial Services offers a meaningfully higher dividend yield (11.43% vs 3.19%).
About Intercorp Financial Services
IFS stock →Intercorp Financial Services Inc., together with its subsidiaries, provides banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company offers loans, credit facilities, deposits, and current accounts; life annuity products with single payment and life insurance products, as well as other retail insurance products; and brokerage and investment management services.
Finance · Commercial Banks · 9,229 employees
About Independent Bank
INDB stock →Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States.
Finance · Major Banks · 2,294 employees
IFS vs INDB FAQ
Which is bigger, Intercorp Financial Services or Independent Bank?
Intercorp Financial Services (IFS) is larger, with a market capitalization of $5.85B compared with $3.65B for Independent Bank (INDB).
Which stock has performed better over the past year, IFS or INDB?
IFS returned +31.48% over the past 12 months, compared with +10.96% for INDB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IFS or INDB?
IFS has the lower trailing P/E at 9.8, versus 13.8 for INDB. 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, Intercorp Financial Services or Independent Bank?
Intercorp Financial Services has the higher yield at 11.43%, compared with 3.19% for Independent Bank.
Are Intercorp Financial Services and Independent Bank in the same industry?
Both are in the Finance sector, but in different industries: Commercial Banks for Intercorp Financial Services and Major Banks for Independent Bank.