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XNAS
INDB
Market cap3.72bUSD
Oct 08, Last price  
77.12USD
1D
-1.39%
1Q
-7.87%
Jan 2017
9.47%
Name

Independent Bank Corp (Massachusetts)

Chart & performance

D1W1MN
XNAS:INDB chart
P/E
18.14
P/S
3.19
EPS
4.25
Div yield, %
3.06%
Shrs. gr., 5y
8.25%
Rev. gr., 5y
18.13%
Revenues
1.17b
+19.82%
94,017,000191,789,000205,081,000239,527,000249,630,000245,571,000255,691,000270,166,000286,381,000307,754,000326,072,000356,758,000412,206,000556,626,000507,418,000515,982,000749,837,000911,332,000974,137,0001,167,171,000
Net income
205m
+6.79%
32,851,00028,381,00023,964,00022,989,00040,240,00045,436,00042,627,00050,254,00059,845,00064,960,00076,648,00087,204,000121,622,000165,175,000121,167,000120,992,000263,813,000239,502,000192,081,000205,122,000
CFO
251m
+9.24%
33,349,00037,631,00022,098,00031,416,00046,653,00056,469,00043,952,000141,335,00090,305,00089,543,00093,336,000130,909,000141,837,000216,522,00064,636,000190,220,000421,200,000276,994,000229,921,000251,160,000
Dividend
Sep 28, 20260.64 USD/sh

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Profile

Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.

Key people

Jeffrey Tengel
President, Chief Executive Officer, Chief Executive Officer of Rockland Trust, Director · since 2023
Mark Ruggiero
Chief Financial Officer of the Company and of Rockland Trust, Executive Vice President - Consumer Lending of Rockland Trust · since 2023
Gerard Nadeau
President of Rockland Trust, Director · since 2018
Lee Powlus
Executive Vice President, Chief Technology and Operations Officer of Rockland Trust · since 2023
Maria Harris
Executive Vice President, Chief Human Resources Officer of Rockland Trust · since 2023
Kathryn O'Malley
Executive Vice President, Chief Credit Officer of Rockland Trust · since 2023
James Rizzo
Executive Vice President, Chief Commercial Banking Officer of Rockland Trust · since 2023
Michael Stodolak
Executive Vice President - Retail Banking · since 2026
Patricia Natale
Executive Vice President, General Counsel, Company Secretary of the Company and of Rockland Trust · since 2023
Michael Wooldridge
Director · since 2025
Donna Abelli
Independent Chairman of the Board of Rockland Trust and the Company · since 2012
Michael Hogan
Independent Director · since 2017
Mary Lentz
Independent Director · since 2016
Independent Director · since 2025
Eileen Miskell
Independent Director · since 2005
John Morrissey
Independent Director · since 2018
James Morton
Independent Director · since 2021
Daniel O'Brien
Independent Director · since 2009
Susan O'Day
Independent Director · since 2021
Leif O'Leary
Independent Director · since 2025
IPO date
Sep 16, 1974
Employees
1,739
Domiciled in
US
Incorporated in
US
Legal address
c/o PATRICIA M. NATALE, 288 UNION ST.
ROCKLAND, MA 02370
US
Headquarters
Edward H.Seksay; 288 Union Street
Rockland, MA 02370
US

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