Independent Bank Corp. NASDAQ:INDB

Independent Bank Corp. stock price today

$66.125
+1.12
+1.73%
Financial Health
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Independent Bank Corp. stock price monthly change

+24.35%
month

Independent Bank Corp. stock price quarterly change

+24.35%
quarter

Independent Bank Corp. stock price yearly change

-3.92%
year

Independent Bank Corp. key metrics

Market Cap
2.79B
Enterprise value
3.22B
P/E
14.03
EV/Sales
3.43
EV/EBITDA
10.93
Price/Sales
2.94
Price/Book
0.92
PEG ratio
-2.76
EPS
5.18
Revenue
811.63M
EBITDA
230.82M
Income
226.02M
Revenue Q/Q
26.97%
Revenue Y/Y
39.80%
Profit margin
21%
Oper. margin
27.98%
Gross margin
93.24%
EBIT margin
27.98%
EBITDA margin
28.44%
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Independent Bank Corp. stock price history

Independent Bank Corp. stock forecast

Independent Bank Corp. financial statements

Average Price Target
Last Year

$74

Potential upside: 11.90%

Based on estimate of 1 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Independent Bank Corp. (NASDAQ:INDB): Profit margin
Jun 2023 183.30M 62.64M 34.18%
Sep 2023 183.42M 60.80M 33.15%
Dec 2023 207.17M 54.80M 26.45%
Mar 2024 237.74M 47.77M 20.09%
Independent Bank Corp. (NASDAQ:INDB): Earnings per share (EPS)
2024-10-17 1.06 1.01
2.63%
Yield TTM
Independent Bank Corp. (NASDAQ:INDB): Payout ratio
Payout ratio 48.9%
Independent Bank Corp. (NASDAQ:INDB): Dividend Yield
2019 1.95%
2020 2.5%
2021 2.21%
2022 2.39%
2023 3.37%
Independent Bank Corp. (NASDAQ:INDB): Debt to assets
Jun 2023 19400931000 901.26M 4.65%
Sep 2023 19368109000 1.00B 5.16%
Dec 2023 19347373000 16.45B 85.04%
Mar 2024 19324613000 16.44B 85.07%
Independent Bank Corp. (NASDAQ:INDB): Cash Flow
Jun 2023 90.76M -146.07M -138.96M
Sep 2023 81.25M -56.28M -113.10M
Dec 2023 56.25M 16.51M -68.57M
Mar 2024 55.81M 11.24M -70.07M

Independent Bank Corp. alternative data

Independent Bank Corp. (NASDAQ:INDB): Employee count
Aug 2023 1,739
Sep 2023 1,739
Oct 2023 1,739
Nov 2023 1,739
Dec 2023 1,739
Jan 2024 1,739
Feb 2024 1,739
Mar 2024 1,787
Apr 2024 1,787
May 2024 1,787
Jun 2024 1,787
Jul 2024 1,787

Independent Bank Corp. other data

72.87% -7.15%
of INDB is owned by hedge funds
34.01M -3.90M
shares is hold by hedge funds

Independent Bank Corp. (NASDAQ:INDB): Insider trades (number of shares)
Period Buy Sel
Oct 2023 2612 0
Nov 2023 0 2000
Jan 2024 0 400
Feb 2024 0 800
Mar 2024 500 0
Jun 2024 0 1134
Transaction Date Insider Security Shares Price per share Total value Source
Sale
MISKELL EILEEN C director
Common Stock 1,134 $50.22 $56,946
Purchase
RUGGIERO MARK J officer: CFO & EV.. Common Stock 500 $51.09 $25,543
Sale
ABELLI DONNA L director
Common Stock 800 $52.83 $42,264
Sale
MISKELL EILEEN C director
Common Stock 400 $61.3 $24,520
Sale
MORRISSEY JOHN J director
Common Stock 2,000 $54.59 $109,180
Purchase
TENGEL JEFFREY J director, officer.. Common Stock 2,100 $48.59 $102,029
Purchase
TENGEL JEFFREY J director, officer.. Common Stock 2,100 $48.59 $102,029
Purchase
TENGEL JEFFREY J director, officer.. Common Stock 2,100 $48.59 $102,029
Purchase
POWLUS LEE C officer: Chief Te.. Common Stock 512 $47.45 $24,294
Purchase
POWLUS LEE C officer: Chief Te.. Common Stock 512 $47.45 $24,294
Wednesday, 18 December 2024
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Business Wire
  • What's the price of Independent Bank Corp. stock today?

    One share of Independent Bank Corp. stock can currently be purchased for approximately $66.13.

  • When is Independent Bank Corp.'s next earnings date?

    Independent Bank Corp. is estimated to report earnings on Wednesday, 15 Oct 2025.

  • Does Independent Bank Corp. pay dividends?

    Yes, Independent Bank Corp. pays dividends and its trailing 12-month yield is 2.63% with 49% payout ratio. The last Independent Bank Corp. stock dividend of $0.48 was paid on 7 Jan 2022.

  • How much money does Independent Bank Corp. make?

    Independent Bank Corp. has a market capitalization of 2.79B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9.32% to 795.73M US dollars. Independent Bank Corp. earned 239.5M US dollars in net income (profit) last year or $1.01 on an earnings per share basis.

  • What is Independent Bank Corp.'s stock symbol?

    Independent Bank Corp. is traded on the NASDAQ under the ticker symbol "INDB".

  • What is Independent Bank Corp.'s primary industry?

    Company operates in the Financial Services sector and Banks - Regional industry.

  • How do i buy shares of Independent Bank Corp.?

    Shares of Independent Bank Corp. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are Independent Bank Corp.'s key executives?

    Independent Bank Corp.'s management team includes the following people:

    • Mr. Christopher Oddleifson Chief Executive Officer, Pres & Director(age: 66, pay: $1,360,000)
    • Mr. Robert D. Cozzone Chief Operating Officer and Executive Vice President of Consumer & Bus. Banking(age: 54, pay: $747,730)
    • Mr. Edward H. Seksay Esq. Executive Vice President, Chief Risk Officer & Gen. Counsel(age: 67, pay: $566,620)
    • Mr. Mark J. Ruggiero Chief Financial & Accounting Officer(age: 48, pay: $457,740)
  • How many employees does Independent Bank Corp. have?

    As Jul 2024, Independent Bank Corp. employs 1,787 workers.

  • When Independent Bank Corp. went public?

    Independent Bank Corp. is publicly traded company for more then 39 years since IPO on 14 May 1986.

  • What is Independent Bank Corp.'s official website?

    The official website for Independent Bank Corp. is rocklandtrust.com.

  • Where are Independent Bank Corp.'s headquarters?

    Independent Bank Corp. is headquartered at 288 Union Street, Rockland, MA.

  • How can i contact Independent Bank Corp.?

    Independent Bank Corp.'s mailing address is 288 Union Street, Rockland, MA and company can be reached via phone at +7 818786100.

  • What is Independent Bank Corp. stock forecast & price target?

    Based on 1 Wall Street analysts` predicted price targets for Independent Bank Corp. in the last 12 months, the avarage price target is $74. The average price target represents a 11.90% change from the last price of $66.13.

Independent Bank Corp. company profile:

Independent Bank Corp.

rocklandtrust.com
Exchange:

NASDAQ

Full time employees:

1,787

Industry:

Banks - Regional

Sector:

Financial Services

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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

288 Union Street
Rockland, MA 02370

CIK: 0000776901
ISIN: US4538361084
CUSIP: 453836108