Independent Bank (INDB) vs Renasant (RNST)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Independent Bank (INDB) has outperformed Renasant (RNST) over the past year, gaining 11.6% versus a gain of 5.4%. Over five years, RNST leads with a +1.1% price change compared with -2.7% for INDB. Independent Bank is the larger company by market cap ($3.70 billion vs $3.55 billion), about 1.0 times the size.
On valuation, Independent Bank trades at a lower forward P/E (9.5x vs 9.9x for Renasant). Independent Bank offers the higher dividend yield (3.15% vs 2.37%).
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 | INDB | RNST |
|---|---|---|
| Share price | $78.21 | $38.88 |
| Market cap | $3.70B | $3.55B |
| 1-day change | -1.49% | -1.32% |
| YTD return | +7.02% | +10.39% |
| 1-year return | +11.62% | +5.37% |
| 5-year return | -2.75% | +1.09% |
| P/E ratio (TTM) | 14.22 | 11.50 |
| Forward P/E | 9.48 | 9.89 |
| EPS (TTM) | $5.50 | $3.38 |
| Dividend yield | 3.15% | 2.37% |
| Annual dividend | $2.46 | $0.92 |
| 52-week high | $87.50 | $44.54 |
| 52-week low | $63.33 | $33.04 |
| Distance from 52-week high | -10.62% | -12.71% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +19.46% | +22.71% |
| Average volume | 357.07K | 639.14K |
| Shares outstanding | 47.37M | 91.40M |
| Employees | 2,294 | 3,000 |
| Sector | Finance | Finance |
| Industry | Major 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.
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
About Renasant
RNST stock →Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, and fiduciary services to retail and commercial customers. The company operates in two segments, Community Banks and Wealth Management.
Finance · Major Banks · 3,000 employees
INDB vs RNST FAQ
Which is bigger, Independent Bank or Renasant?
Independent Bank (INDB) is larger, with a market capitalization of $3.70B compared with $3.55B for Renasant (RNST).
Which stock has performed better over the past year, INDB or RNST?
INDB returned +11.62% over the past 12 months, compared with +5.37% for RNST (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, INDB or RNST?
RNST has the lower trailing P/E at 11.5, versus 14.2 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, Independent Bank or Renasant?
Independent Bank has the higher yield at 3.15%, compared with 2.37% for Renasant.
Are Independent Bank and Renasant in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.