Independent Bank (INDB) vs United Community Banks (UCB)
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 United Community Banks (UCB) over the past year, gaining 11.6% versus a gain of 3.7%. Over five years, UCB leads with a -2.1% price change compared with -2.7% for INDB. United Community Banks is the larger company by market cap ($3.98 billion vs $3.70 billion), about 1.1 times the size, while Independent Bank is growing revenue faster (+24.3% vs +11.7%).
On valuation, Independent Bank trades at a lower forward P/E (9.5x vs 9.9x for United Community Banks). Independent Bank offers the higher dividend yield (3.15% vs 3.01%). United Community Banks converts more of its revenue into profit, with a net margin of 30.9% versus 23.9%.
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 | UCB |
|---|---|---|
| Share price | $78.21 | $33.26 |
| Market cap | $3.70B | $3.98B |
| 1-day change | -1.49% | -1.36% |
| YTD return | +7.02% | +6.53% |
| 1-year return | +11.62% | +3.71% |
| 5-year return | -2.75% | -2.06% |
| P/E ratio (TTM) | 14.22 | 11.01 |
| Forward P/E | 9.48 | 9.91 |
| EPS (TTM) | $5.50 | $3.02 |
| Dividend yield | 3.15% | 3.01% |
| Annual dividend | $2.46 | $1.00 |
| Revenue (latest FY) | $857.52M | $1.06B |
| Revenue growth (YoY) | +24.32% | +11.66% |
| Net income (latest FY) | $205.12M | $328.10M |
| Net margin | 23.92% | 30.86% |
| 52-week high | $87.50 | $37.18 |
| 52-week low | $63.33 | $28.65 |
| Distance from 52-week high | -10.62% | -10.54% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +19.46% | +20.78% |
| Average volume | 357.07K | 857.82K |
| Shares outstanding | 47.37M | 119.76M |
| Employees | 2,294 | 3,141 |
| Sector | Finance | Financial Services |
| Industry | Major Banks | Banks - 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
- Independent Bank trades at a higher earnings multiple (14.2x vs 11.0x trailing P/E).
- United Community Banks is more profitable, keeping 30.9 cents of every revenue dollar as net income versus 23.9 cents for Independent Bank.
- Independent Bank grew revenue faster in its latest fiscal year (+24.32% vs +11.66%).
- The two companies sit in different sectors: Independent Bank in Finance and United Community Banks in Financial Services.
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 United Community Banks
UCB stock →United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides financial services in the United States.
Financial Services · Banks - Regional · 3,141 employees
INDB vs UCB FAQ
Which is bigger, Independent Bank or United Community Banks?
United Community Banks (UCB) is larger, with a market capitalization of $3.98B compared with $3.70B for Independent Bank (INDB).
Which stock has performed better over the past year, INDB or UCB?
INDB returned +11.62% over the past 12 months, compared with +3.71% for UCB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, INDB or UCB?
UCB has the lower trailing P/E at 11.0, 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 United Community Banks?
Independent Bank has the higher yield at 3.15%, compared with 3.01% for United Community Banks.
Are Independent Bank and United Community Banks in the same industry?
No. Independent Bank is in the Finance sector, while United Community Banks is in Financial Services.