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XNAS
INDB
Market cap3.97bUSD
Jul 09, Last price  
83.21USD
1D
1.14%
1Q
4.51%
Jan 2017
18.11%
Name

Independent Bank Corp (Massachusetts)

Chart & Performance

D1W1MN
XNAS:INDB chart
P/E
19.57
P/S
3.44
EPS
4.25
Div Yield, %
2.87%
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
Dec 29, 20250.59 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.
IPO date
Sep 16, 1974
Employees
1,739
Domiciled in
US
Incorporated in
US

Valuation

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