tradingkey.logo

Independent Bank Corp (Massachusetts)

INDB
View Detailed Chart
75.450USD
-0.260-0.34%
Market hours ETQuotes delayed by 15 min
3.76BMarket Cap
18.60P/E TTM

Independent Bank Corp (Massachusetts)

75.450
-0.260-0.34%
Intraday
1m
30m
1h
D
W
M
D

Today

-0.34%

5 Days

-2.09%

1 Month

+2.31%

6 Months

+22.13%

Year to Date

+17.54%

1 Year

+14.13%

View Detailed Chart

Key Insights

Independent Bank Corp (Massachusetts)'s fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 80/402 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 83.25.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 and technicals.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
80 / 402
Overall Ranking
142 / 4562
Industry
Banking Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Analyst Rating

Based on 4 analysts
Buy
Current Rating
83.250
Target Price
+12.27%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

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 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 1.06, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 40.14M shares, decreasing 2.10% quarter-over-quarter.
Held by PRFDX
Star Investor PRFDX holds 11.60K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.02.

Independent Bank Corp (Massachusetts) News

More news coming soon, stay tuned...

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

FAQs

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

The current price of Independent Bank Corp (Massachusetts) (INDB) is 75.450.

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 78.160.

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

The 52-week low of Independent Bank Corp (Massachusetts) is 52.150.

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

The market capitalization of Independent Bank Corp (Massachusetts) is 3.76B.

What is the net income of Independent Bank Corp (Massachusetts)?

The net income of Independent Bank Corp (Massachusetts) is 192.08M.

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 83.250.

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 4.058.
KeyAI