Independent Bank Corp. (INDB)

$81.52

+2.09 (+2.63%)
Rating:
Recommendation:
Strong Buy
Symbol INDB
Price $81.52
Beta 0.863
Volume Avg. 0.20M
Market Cap 3.813B
Shares () -
52 Week Range 68.14-93.52
1y Target Est -
DCF Unlevered INDB DCF ->
DCF Levered INDB LDCF ->
ROE 5.58% Neutral
ROA 0.66% Neutral
Operating Margin -
Debt / Equity 579.80% Strong Buy
P/E 24.48 Strong Buy
P/B 1.30 Strong Buy
Annual
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Earnings

Consensus EPS

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Latest INDB news


Mr. Christopher Oddleifson
Financial Services
Banks—Regional
NASDAQ Global Select

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.