INDB vs RCB

Comparison between Independent Bank Corp (INDB, Company) and Ready Capital Corp (RCB, Company).

5-Year PerformanceINDB has outperformed RCB, delivering a return of +6.8% compared to +3.0%

INDB vs RCB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INDB(COMPANY)	RCB(COMPANY)
Market Cap	$4B	$3.99B
Max Drawdown	70.36%	69.01%
Sharpe Ratio	0.93	1.29
5Y Beta	0.98	N/A
Industry	Banks - Regional	Other
P/E Ratio	16.25	-13.05
Forward P/E	11.70	N/A
PEG Ratio	1.16	-0.06
Dividend Yield	2.90%	6.31%
5Y Dividends CAGR	10.16%	10.38%
5Y EPS CAGR	4.16%	N/A
Debt to Equity	0.00%	78.20%
Free Cash Flow Yield	8.49%	11.83%
P/S Ratio	4.53	N/A
P/B Ratio	1.15	N/A

Market Cap

Winner

INDB

$4B

RCB

$3.99B

Max Drawdown

INDB

70.36%

Winner

RCB

69.01%

Sharpe Ratio

INDB

0.93

Winner

RCB

1.29

5Y Beta

INDB

0.98

RCB

N/A

Industry

INDB

Banks - Regional

RCB

Other

P/E Ratio

INDB

16.25

Winner

RCB

-13.05

Forward P/E

INDB

11.70

RCB

N/A

PEG Ratio

INDB

1.16

Winner

RCB

-0.06

Dividend Yield

INDB

2.90%

Winner

RCB

6.31%

5Y Dividends CAGR

INDB

10.16%

Winner

RCB

10.38%

5Y EPS CAGR

INDB

4.16%

RCB

N/A

Debt to Equity

Winner

INDB

0.00%

RCB

78.20%

Free Cash Flow Yield

INDB

8.49%

Winner

RCB

11.83%

P/S Ratio

INDB

4.53

RCB

N/A

P/B Ratio

INDB

1.15

RCB

N/A

INDB vs RCB - Historical Returns

Returns include dividend reinvestment.

Period	INDB	RCB
1 month	+0.99%	+3.48%
3 months	+4.64%	+5.74%
6 months	+15.42%	+8.69%
1 year	+28.61%	+12.46%
5 years(CAGR)	+6.83%	+2.96%
10 years(CAGR)	+8.77%	N/A
Max(CAGR)	+9.99%	+4.18%

INDB

+0.99%

Winner

RCB

+3.48%

INDB

+4.64%

Winner

RCB

+5.74%

Winner

INDB

+15.42%

RCB

+8.69%

Winner

INDB

+28.61%

RCB

+12.46%

5Y(CAGR)

Winner

INDB

+6.83%

RCB

+2.96%

10Y(CAGR)

INDB

+8.77%

RCB

N/A

Max(CAGR)

Winner

INDB

+9.99%

RCB

+4.18%

INDB vs RCB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	INDB	RCB
2026	+15.89%	+7.93%
2025	+19.78%	+5.51%
2024	+2.44%	+7.85%
2023	-17.02%	+2.94%
2022	+3.94%	-8.06%
2021	+15.04%	+7.15%
2020	-9.78%	-1.61%
2019	+18.14%	+9.93%
2018	+3.24%	N/A
2017	+1.19%	N/A
2016	+58.20%	N/A
2015	+13.16%	N/A
2014	+14.22%	N/A
2013	+34.53%	N/A
2012	+6.28%	N/A
2011	-0.44%	N/A
2010	+31.22%	N/A
2009	-17.19%	N/A
2008	+3.50%	N/A
2007	-22.69%	N/A
2006	+25.42%	N/A
2005	-11.86%	N/A
2004	+21.49%	N/A
2003	+24.60%	N/A
2002	+6.74%	N/A
2001	+81.79%	N/A
2000	+2.42%	N/A
1999	-5.83%	N/A

INDB vs RCB Drawdown Comparison

The maximum drawdown for INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 1526 trading sessions.

The maximum drawdown for RCB was -68.57%, occurring on Mar 24, 2020. Recovery took 260 trading sessions.

The current INDB drawdown is -1.82%.

Rank	INDB	RCB
#1	-68.87% Dec 27, 2006 - Jan 22, 2013	-68.57% Jan 8, 2020 - Jan 20, 2021
#2	-52.59% Mar 12, 2021 - Feb 3, 2026	-15.65% Aug 31, 2021 - Aug 19, 2025
#3	-42.91% Sep 7, 2018 - Feb 24, 2021	-4.44% May 3, 2021 - Aug 31, 2021
#4	-33.80% Apr 16, 2002 - Aug 12, 2003	-3.71% Sep 24, 2019 - Dec 20, 2019
#5	-31.92% Nov 3, 1999 - Aug 11, 2000	-3.27% Apr 12, 2021 - May 3, 2021
#6	-30.44% Sep 20, 2000 - Feb 13, 2001	-2.07% Feb 1, 2021 - Feb 19, 2021
#7	-29.03% Dec 1, 2004 - Nov 15, 2006	-2.04% Aug 8, 2019 - Sep 24, 2019
#8	-27.91% Aug 21, 2001 - Nov 20, 2001	-1.85% Jan 20, 2021 - Jan 29, 2021
#9	-20.30% Nov 27, 2015 - Aug 5, 2016	-1.25% Aug 29, 2025 - Oct 1, 2025
#10	-17.28% Feb 10, 2004 - Sep 9, 2004	-1.19% Mar 3, 2021 - Mar 23, 2021
#11	-15.54% Jan 4, 2017 - Jul 21, 2017	-1.16% Mar 4, 2026 - Mar 24, 2026
#12	-14.30% Feb 6, 2026 - Jul 1, 2026	-1.08% Nov 10, 2025 - Dec 15, 2025
#13	-13.73% Jul 20, 2015 - Nov 6, 2015	-1.05% Jul 26, 2019 - Aug 7, 2019
#14	-13.47% Apr 1, 2014 - Oct 31, 2014	-0.98% Dec 31, 2019 - Jan 6, 2020
#15	-12.73% Dec 30, 2014 - Mar 16, 2015	-0.89% Dec 15, 2025 - Jan 8, 2026

Correlation

Correlation between INDB and RCB is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.43

-101

Dividend Comparison (1999 - 2026)

INDB vs RCB dividend yield comparison.

Year	INDB	RCB
2026	1.53%	4.46%
2025	3.23%	4.73%
2024	3.55%	4.69%
2023	3.34%	0.00%
2022	2.46%	1.66%
2021	2.35%	3.00%
2020	2.52%	6.21%
2019	2.11%	1.54%
2018	2.16%	0.00%
2017	1.83%	0.00%
2016	1.65%	0.00%
2015	2.24%	0.00%
2014	2.24%	0.00%
2013	2.25%	0.00%
2012	2.90%	0.00%
2011	2.78%	0.00%
2010	2.66%	0.00%
2009	3.45%	0.00%
2008	2.75%	0.00%
2007	2.50%	0.00%
2006	1.78%	0.00%
2005	2.10%	0.00%
2004	1.66%	0.00%
2003	1.84%	0.00%
2002	2.11%	0.00%
2001	2.05%	0.00%
2000	3.20%	0.00%
1999	0.80%	0.00%