Next earnings date: 15 Oct 2025
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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Sign up for freeIndependent Bank Corp. stock price history
Independent Bank Corp. stock forecast
Independent Bank Corp. financial statements
Average Price Target
$74
Potential upside: 11.90%
Analysts Price target
Financials & Ratios estimates
| 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% |
| 2024-10-17 | 1.06 | 1.01 |
|---|
2.63%
Yield TTM
| Payout ratio | 48.9% |
|---|
| 2019 | 1.95% |
|---|---|
| 2020 | 2.5% |
| 2021 | 2.21% |
| 2022 | 2.39% |
| 2023 | 3.37% |
| 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% |
| 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
| 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
233
-10
34.01M
-3.90M
shares is hold by hedge funds
What is insider trading?
| 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 |
| Quarter | Transcript |
|---|---|
| Q1 2024 19 Apr 2024 | Q1 2024 Earnings Call Transcript |
| Q4 2023 19 Jan 2024 | Q4 2023 Earnings Call Transcript |
| Q3 2023 20 Oct 2023 | Q3 2023 Earnings Call Transcript |
| Q2 2023 21 Jul 2023 | Q2 2023 Earnings Call Transcript |
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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.
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When is Independent Bank Corp.'s next earnings date?
Independent Bank Corp. is estimated to report earnings on Wednesday, 15 Oct 2025.
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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.
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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.
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What is Independent Bank Corp.'s stock symbol?
Independent Bank Corp. is traded on the NASDAQ under the ticker symbol "INDB".
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What is Independent Bank Corp.'s primary industry?
Company operates in the Financial Services sector and Banks - Regional industry.
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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.
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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)
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How many employees does Independent Bank Corp. have?
As Jul 2024, Independent Bank Corp. employs 1,787 workers.
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When Independent Bank Corp. went public?
Independent Bank Corp. is publicly traded company for more then 39 years since IPO on 14 May 1986.
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What is Independent Bank Corp.'s official website?
The official website for Independent Bank Corp. is rocklandtrust.com.
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Where are Independent Bank Corp.'s headquarters?
Independent Bank Corp. is headquartered at 288 Union Street, Rockland, MA.
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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.
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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.comExchange:
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
Rockland, MA 02370
CIK: 0000776901
ISIN: US4538361084
CUSIP: 453836108
