Performance analysis of Independent Bank (INDB)
Annual Return
Over the past 3 years, INDB has had an average annual return of +20.39%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, INDB has had an average annual return of +2.23%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, INDB has had an average annual return of +7.60%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Nov 1, 1999, INDB has had an average annual return of +9.65%, outperforming the benchmark SPY, which returned +8.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +5.92% | +17.91% | +1.60% | -18.91% | +6.22% | +14.34% | -9.58% | +21.13% | +2.73% | +1.05% | +54.80% | +11.15% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +12.18% | +38.53% | +9.20% | +4.01% | +33.49% | -17.22% | -1.29% | -22.74% | +28.80% | -13.66% | +21.50% | +26.79% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| +8.33% | +76.42% | +3.48% | -5.83% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.54% | -3.35% | -2.83% | +3.70% | +1.40% | -2.96% | +5.92% | ||||||
| 2025 | +4.63% | +2.08% | -7.76% | -5.68% | +4.08% | +3.21% | +1.06% | +12.52% | -2.45% | -2.72% | +7.07% | +2.23% | +17.91% |
| 2024 | -14.77% | -6.99% | +0.81% | -3.42% | +1.09% | -0.14% | +27.94% | -1.31% | -5.70% | +6.38% | +15.09% | -10.54% | +1.60% |
| 2023 | -5.61% | -0.01% | -16.98% | -14.66% | -21.18% | +2.06% | +35.36% | -10.34% | -8.11% | -0.59% | +16.84% | +16.38% | -18.91% |
| 2022 | +3.46% | +1.97% | -4.45% | -5.55% | +7.96% | -4.03% | +5.50% | -6.65% | -4.10% | +16.75% | +4.03% | -6.12% | +6.22% |
| 2021 | +2.79% | +13.89% | -1.00% | -2.72% | -0.35% | -6.92% | -6.38% | +8.52% | -0.07% | +10.97% | -6.44% | +3.74% | +14.34% |
| 2020 | -13.27% | -6.47% | -3.98% | +13.24% | -4.69% | -2.70% | -3.83% | -2.59% | -15.89% | +9.37% | +18.07% | +8.65% | -9.58% |
| 2019 | +13.47% | +6.71% | -4.28% | -0.96% | -13.56% | +10.44% | +2.11% | -13.05% | +11.06% | +9.95% | +2.58% | -0.61% | +21.13% |
| 2018 | +2.15% | -2.73% | +3.66% | +1.05% | +8.37% | +0.55% | +12.75% | +3.05% | -8.91% | -5.02% | +2.45% | -12.04% | +2.73% |
| 2017 | -11.50% | +4.25% | +0.53% | -2.61% | -4.50% | +10.81% | +7.05% | -2.87% | +8.18% | -3.42% | +0.83% | -3.49% | +1.05% |
Drawdown analysis of Independent Bank (INDB)
The maximum drawdown for the INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 975 trading sessions.
The current INDB drawdown is -10.00%.
Since Nov 1, 1999 INDB has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 3 times
- 30% or more: 6 times
- 20% or more: 9 times
- 10% or more: 21 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.87% | Dec 27, 2006 | 551 | Mar 9, 2009 | 975 | Jan 22, 2013 | 1526 |
| -52.59% | Mar 12, 2021 | 558 | May 31, 2023 | 671 | Feb 3, 2026 | 1229 |
| -42.91% | Sep 7, 2018 | 514 | Sep 23, 2020 | 105 | Feb 24, 2021 | 619 |
| -33.80% | Apr 16, 2002 | 123 | Oct 9, 2002 | 211 | Aug 12, 2003 | 334 |
| -31.92% | Nov 3, 1999 | 89 | Mar 13, 2000 | 106 | Aug 11, 2000 | 195 |
| -30.43% | Sep 20, 2000 | 16 | Oct 12, 2000 | 84 | Feb 13, 2001 | 100 |
| -29.03% | Dec 1, 2004 | 113 | May 13, 2005 | 381 | Nov 15, 2006 | 494 |
| -27.91% | Aug 21, 2001 | 24 | Oct 1, 2001 | 36 | Nov 20, 2001 | 60 |
| -20.30% | Nov 27, 2015 | 36 | Jan 21, 2016 | 137 | Aug 5, 2016 | 173 |
| -17.28% | Feb 10, 2004 | 62 | May 10, 2004 | 84 | Sep 9, 2004 | 146 |
| -15.54% | Jan 4, 2017 | 53 | Mar 22, 2017 | 84 | Jul 21, 2017 | 137 |
| -14.30% | Feb 6, 2026 | 27 | Mar 18, 2026 | Ongoing | Ongoing | Ongoing |
| -13.73% | Jul 20, 2015 | 26 | Aug 25, 2015 | 52 | Nov 6, 2015 | 78 |
| -13.46% | Apr 1, 2014 | 34 | May 20, 2014 | 115 | Oct 31, 2014 | 149 |
| -12.73% | Dec 30, 2014 | 21 | Jan 30, 2015 | 30 | Mar 16, 2015 | 51 |
| -12.49% | Jul 13, 2001 | 3 | Jul 18, 2001 | 23 | Aug 20, 2001 | 26 |
| -11.74% | Dec 27, 2013 | 35 | Feb 19, 2014 | 19 | Mar 18, 2014 | 54 |
| -11.67% | Feb 13, 2001 | 21 | Mar 15, 2001 | 11 | Mar 30, 2001 | 32 |
| -10.83% | Oct 3, 2017 | 27 | Nov 9, 2017 | 129 | May 17, 2018 | 156 |
| -10.61% | May 22, 2001 | 4 | May 29, 2001 | 8 | Jun 8, 2001 | 12 |
| -10.00% | Nov 29, 2001 | 10 | Dec 13, 2001 | 13 | Jan 3, 2002 | 23 |
| -9.27% | Nov 3, 2003 | 11 | Nov 18, 2003 | 16 | Dec 11, 2003 | 27 |
| -8.93% | Aug 11, 2000 | 6 | Aug 21, 2000 | 12 | Sep 7, 2000 | 18 |
| -8.69% | Dec 12, 2003 | 12 | Dec 31, 2003 | 17 | Jan 27, 2004 | 29 |
| -8.63% | Jul 25, 2017 | 17 | Aug 17, 2017 | 26 | Sep 25, 2017 | 43 |