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Independent Bank Corp (Massachusetts)

INDB
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85.120USD
+0.350+0.41%
Close 07-24 16:00ETQuotes delayed by 15 min
4.05BMarket Cap
16.92P/E TTM

Independent Bank Corp (Massachusetts)

85.120
+0.350+0.41%
View Detailed Chart
TradingKey Chart
Intraday
1m
30m
1h
D
W
M
D

Today

+0.41%

5 Days

+0.72%

1 Month

+0.01%

6 Months

+8.68%

Year to Date

+16.48%

1 Year

+28.50%

Key Figures
82.600Open
85.780High
307.04KVolume
16.92P/E TTM
10.92P/E Dynamic
2.410Dividend TTM
0.64%Turnover Ratio
84.770Prev. Close
82.600Low
19.43MTurnover
21.10P/E Static
1.15P/B
2.83%Div Yield TTM
1.08%ROA
87.00052wk High
0.82Volume Ratio
192.08MNet Profit
47.62MShares
5.0307EPS TTM
0.79Beta
7.32%ROE
57.01052wk Low
3.75%Amplitude
--Gross Margin
4.05BMarket Cap
-0.32Reward/Risk
1.56%Risk Rate

Key Insights

Independent Bank Corp (Massachusetts)'s fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 43 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 91.71.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Independent Bank Corp (Massachusetts)'s Score

Industry at a Glance

Industry Ranking
43 / 394
Overall Ranking
115 / 4279
Industry
Banking Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Independent Bank Corp (Massachusetts) Highlights

StrengthsRisks
Independent Bank Corp. is the holding company of Rockland Trust Company (the Bank). With retail branches in Eastern Massachusetts, Worcester County, and Southern New Hampshire, as well as commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island, the Bank offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bank's commercial, consumer real estate, and other consumer loan portfolios consist of loans made to residents and businesses located in the Bank's market area. Its commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans. The Bank's consumer portfolio consists of real estate loans comprised of residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 18.25% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 50.42%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 50.42%.
Overvalued
The company’s latest PB is 1.17, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.51M shares, decreasing 4.61% quarter-over-quarter.
Held by HACAX
Star Investor HACAX holds 28.38K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.39.

Analyst Rating

Based on 7 analysts
Buy
Current Rating
91.857
Target Price
+8.36%
Upside Space

Independent Bank Corp (Massachusetts) News

More news coming soon, stay tuned...

Earnings Forecast

Analyst Rating

Based on 7 analysts
Buy
Current Rating
91.857
Target Price
+8.36%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

287
Total
4
Median
5
Average
Company name
Ratings
Analysts
Independent Bank Corp (Massachusetts)
INDB
7
JPMorgan Chase & Co
JPM
27
Wells Fargo & Co
WFC
26
Bank of America Corp
BAC
25
US Bancorp
USB
24
PNC Financial Services Group Inc
PNC
23
1
2
3
...
58

Indicators

Indicators
Sell(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-0.213
Neutral
RSI(14)
56.261
Neutral
STOCH(KDJ)(9,3,3)
67.179
Neutral
ATR(14)
2.033
High Vlolatility
CCI(14)
21.308
Neutral
Williams %R
31.903
Buy
TRIX(12,20)
0.167
Sell
StochRSI(14)
55.277
Buy
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
85.026
Buy
MA10
84.965
Buy
MA20
84.473
Buy
MA50
81.703
Buy
MA100
79.425
Buy
MA200
77.027
Buy

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Independent Bank Corp (Massachusetts) Info

Independent Bank Corp. is the holding company of Rockland Trust Company (the Bank). With retail branches in Eastern Massachusetts, Worcester County, and Southern New Hampshire, as well as commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island, the Bank offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bank's commercial, consumer real estate, and other consumer loan portfolios consist of loans made to residents and businesses located in the Bank's market area. Its commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans. The Bank's consumer portfolio consists of real estate loans comprised of residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties.
Ticker SymbolINDB
CompanyIndependent Bank Corp (Massachusetts)
CEOTengel (Jeffrey)
Websitehttps://indb.rocklandtrust.com/corporate-profile/default.aspx

Shareholders

Shareholders
Shareholders
Proportion
BlackRock Institutional Trust Company, N.A.
13.82%
Vanguard Portfolio Management, LLC
6.84%
Dimensional Fund Advisors, L.P.
5.32%
State Street Investment Management (US)
5.18%
Vanguard Capital Management, LLC
4.55%
Other
64.29%

FAQs

What is the current price of Independent Bank Corp (Massachusetts) (INDB)?

The current price of Independent Bank Corp (Massachusetts) (INDB) is 85.12.

What is the symbol of Independent Bank Corp (Massachusetts)?

The ticker symbol of Independent Bank Corp (Massachusetts) is INDB.

What is the 52-week high of Independent Bank Corp (Massachusetts)?

The 52-week high of Independent Bank Corp (Massachusetts) is 87.00.

What is the 52-week low of Independent Bank Corp (Massachusetts)?

The 52-week low of Independent Bank Corp (Massachusetts) is 57.01.

What is the market capitalization of Independent Bank Corp (Massachusetts)?

The market capitalization of Independent Bank Corp (Massachusetts) is 4.05B.

Is Independent Bank Corp (Massachusetts) (INDB) currently rated as Buy, Hold, or Sell?

According to analysts, Independent Bank Corp (Massachusetts) (INDB) has an overall rating of Buy, with a price target of 91.86.

What is the Earnings Per Share (EPS TTM) of Independent Bank Corp (Massachusetts) (INDB)?

The Earnings Per Share (EPS TTM) of Independent Bank Corp (Massachusetts) (INDB) is 4.44.
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