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Independent Bank Corp. (INDB)

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63.19
-1.51
(-2.33%)
At close: March 28 at 4:00:01 PM EDT
63.19
0.00
(0.00%)
After hours: March 28 at 4:09:49 PM EDT
Loading Chart for INDB
  • Previous Close 64.70
  • Open 64.37
  • Bid 46.08 x 100
  • Ask 80.78 x 200
  • Day's Range 62.78 - 64.93
  • 52 Week Range 45.11 - 77.23
  • Volume 167,662
  • Avg. Volume 292,518
  • Market Cap (intraday) 2.693B
  • Beta (5Y Monthly) 0.79
  • PE Ratio (TTM) 13.98
  • EPS (TTM) 4.52
  • Earnings Date Apr 16, 2025 - Apr 21, 2025
  • Forward Dividend & Yield 2.36 (3.73%)
  • Ex-Dividend Date Mar 31, 2025
  • 1y Target Est 78.25

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 in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

www.rocklandtrust.com

1,837

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: INDB

Trailing total returns as of 3/28/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

INDB
1.56%
S&P 500 (^GSPC)
5.11%

1-Year Return

INDB
25.16%
S&P 500 (^GSPC)
6.22%

3-Year Return

INDB
17.36%
S&P 500 (^GSPC)
21.97%

5-Year Return

INDB
17.31%
S&P 500 (^GSPC)
119.59%

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Statistics: INDB

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Valuation Measures

Annual
As of 3/28/2025
  • Market Cap

    2.69B

  • Enterprise Value

    --

  • Trailing P/E

    13.98

  • Forward P/E

    11.60

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.93

  • Price/Book (mrq)

    0.90

  • Enterprise Value/Revenue

    4.97

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    29.39%

  • Return on Assets (ttm)

    0.99%

  • Return on Equity (ttm)

    6.52%

  • Revenue (ttm)

    653.49M

  • Net Income Avi to Common (ttm)

    192.08M

  • Diluted EPS (ttm)

    4.52

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    277.18M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: INDB

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Company Insights: INDB

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