Independent Bank Corp (Massachusetts)
INDB63.070USD
+1.010+1.63%
Market hours （ET）Quotes delayed by 15 min
2.69BMarket Cap
14.24P/E TTM
More Details of Independent Bank Corp (Massachusetts) Company
Independent Bank Corp. is a bank holding company of Rockland Trust Company (the Bank). The Bank provides a range of banking, investment and financial services, operating with over 120 retail branches, as well as a network of commercial and residential lending centers, and investment management offices primarily in Eastern Massachusetts, Worcester County, and Rhode Island. 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 of 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, as well as other consumer loans.
Company Info
Ticker SymbolINDB
Company nameIndependent Bank Corp (Massachusetts)
IPO dateSep 16, 1974
CEOMr. Jeffrey Tengel
Number of employees1837
Security typeOrdinary Share
Fiscal year-endSep 16
Address288 Union Street
CityROCKLAND
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code02370
Phone17818786100
Websitehttps://indb.rocklandtrust.com/corporate-profile/default.aspx
Ticker SymbolINDB
IPO dateSep 16, 1974
CEOMr. Jeffrey Tengel
Company Executives
Name
Name/Position
Position
Shareholding
Change
Ms. Susan Perry O'Day
Ms. Susan Perry O'Day
Independent Director
Independent Director
105.77K
+0.89%
Mr. Gerard F. Nadeau
Mr. Gerard F. Nadeau
Director
Director
30.91K
+3.13%
Mr. Daniel F. O'Brien, CPA
Mr. Daniel F. O'Brien, CPA
Independent Director
Independent Director
26.65K
+3.65%
Mr. John J. Morrissey
Mr. John J. Morrissey
Independent Director
Independent Director
14.09K
+7.13%
Ms. Donna L. Abelli, CPA
Ms. Donna L. Abelli, CPA
Independent Chairman of the Board of Rockland Trust and the Company
Independent Chairman of the Board of Rockland Trust and the Company
13.37K
+7.54%
Ms. Eileen C. Miskell, CPA
Ms. Eileen C. Miskell, CPA
Independent Director
Independent Director
12.46K
-7.00%
Ms. Kathryn O'Malley
Ms. Kathryn O'Malley
Executive Vice President, Chief Credit Officer of Rockland Trust
Executive Vice President, Chief Credit Officer of Rockland Trust
9.39K
+18.22%
Ms. Patricia M. Natale
Ms. Patricia M. Natale
Executive Vice President, General Counsel, Company Secretary of the Company and of Rockland Trust
Executive Vice President, General Counsel, Company Secretary of the Company and of Rockland Trust
8.53K
+32.21%
Mr. Kenneth S. (Ken) Ansin
Mr. Kenneth S. (Ken) Ansin
Independent Director
Independent Director
5.10K
--
Mr. Lee C. Powlus
Mr. Lee C. Powlus
Executive Vice President, Chief Technology and Operations Officer of Rockland Trust
Executive Vice President, Chief Technology and Operations Officer of Rockland Trust
4.85K
+105.17%
View more
Name
Name/Position
Position
Shareholding
Change
Ms. Susan Perry O'Day
Ms. Susan Perry O'Day
Independent Director
Independent Director
105.77K
+0.89%
Mr. Gerard F. Nadeau
Mr. Gerard F. Nadeau
Director
Director
30.91K
+3.13%
Mr. Daniel F. O'Brien, CPA
Mr. Daniel F. O'Brien, CPA
Independent Director
Independent Director
26.65K
+3.65%
Mr. John J. Morrissey
Mr. John J. Morrissey
Independent Director
Independent Director
14.09K
+7.13%
Ms. Donna L. Abelli, CPA
Ms. Donna L. Abelli, CPA
Independent Chairman of the Board of Rockland Trust and the Company
Independent Chairman of the Board of Rockland Trust and the Company
13.37K
+7.54%
Ms. Eileen C. Miskell, CPA
Ms. Eileen C. Miskell, CPA
Independent Director
Independent Director
12.46K
-7.00%
Revenue Breakdown
No Data
No Data
By Business
By Region
No Data
Shareholding Stats
Updated: Thu, Jul 10
Updated: Thu, Jul 10
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
BlackRock Institutional Trust Company, N.A.
11.53%
The Vanguard Group, Inc.
10.22%
Dimensional Fund Advisors, L.P.
4.67%
State Street Global Advisors (US)
4.65%
AllianceBernstein L.P.
2.15%
Other
66.78%
Shareholders
Shareholders
Proportion
BlackRock Institutional Trust Company, N.A.
11.53%
The Vanguard Group, Inc.
10.22%
Dimensional Fund Advisors, L.P.
4.67%
State Street Global Advisors (US)
4.65%
AllianceBernstein L.P.
2.15%
Other
66.78%
Shareholder Types
Shareholders
Proportion
Investment Advisor
44.23%
Investment Advisor/Hedge Fund
24.21%
Hedge Fund
2.63%
Research Firm
2.13%
Bank and Trust
1.86%
Pension Fund
1.38%
Sovereign Wealth Fund
0.98%
Individual Investor
0.81%
Family Office
0.07%
Other
21.71%
Institutional Shareholding
Updated: Tue, Jul 1
Updated: Tue, Jul 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q2
565
39.19M
78.22%
+13.72K
2025Q1
596
38.69M
90.78%
-1.26M
2024Q4
583
37.14M
87.17%
-2.07M
2024Q3
573
35.62M
83.83%
-3.76M
2024Q2
563
35.92M
84.56%
-2.90M
2024Q1
553
35.80M
84.26%
-3.44M
2023Q4
548
36.69M
83.64%
-3.40M
2023Q3
535
37.43M
84.80%
-2.22M
2023Q2
522
37.17M
84.21%
-1.88M
2023Q1
512
37.46M
84.38%
-2.44M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
BlackRock Institutional Trust Company, N.A.
5.78M
11.53%
-75.25K
-1.29%
Mar 31, 2025
The Vanguard Group, Inc.
5.12M
10.22%
+115.38K
+2.31%
Mar 31, 2025
Dimensional Fund Advisors, L.P.
2.34M
4.67%
+20.60K
+0.89%
Mar 31, 2025
State Street Global Advisors (US)
2.33M
4.65%
-242.96K
-9.44%
Mar 31, 2025
AllianceBernstein L.P.
1.08M
2.15%
+971.59K
+910.37%
Mar 31, 2025
DePrince, Race & Zollo, Inc.
1.05M
2.09%
+99.48K
+10.49%
Mar 31, 2025
Geode Capital Management, L.L.C.
1.04M
2.08%
+29.35K
+2.90%
Mar 31, 2025
Macquarie Investment Management
986.18K
1.97%
+24.58K
+2.56%
Mar 31, 2025
Victory Capital Management Inc.
887.27K
1.77%
-14.82K
-1.64%
Mar 31, 2025
Rockland Trust Company
603.94K
1.21%
-1.24K
-0.21%
Mar 31, 2025
View more
Related ETFs
Updated: Sat, Aug 2
Updated: Sat, Aug 2
Name
Proportion
Invesco KBW Regional Banking ETF
1.68%
First Trust NASDAQ ABA Community Bank Index Fund
1.4%
SPDR S&P Bank ETF
0.99%
ProShares Russell 2000 Dividend Growers ETF
0.9%
Cultivar ETF
0.86%
VictoryShares US SmCp High Div Vol Wtd ETF
0.81%
OneAscent Small Cap Core ETF
0.77%
Invesco S&P SmallCap Financials ETF
0.75%
Invesco S&P SmallCap Value with Momentum ETF
0.67%
SPDR S&P Regional Banking ETF
0.66%
View more
Invesco KBW Regional Banking ETF
Proportion1.68%
First Trust NASDAQ ABA Community Bank Index Fund
Proportion1.4%
SPDR S&P Bank ETF
Proportion0.99%
ProShares Russell 2000 Dividend Growers ETF
Proportion0.9%
Cultivar ETF
Proportion0.86%
VictoryShares US SmCp High Div Vol Wtd ETF
Proportion0.81%
OneAscent Small Cap Core ETF
Proportion0.77%
Invesco S&P SmallCap Financials ETF
Proportion0.75%
Invesco S&P SmallCap Value with Momentum ETF
Proportion0.67%
SPDR S&P Regional Banking ETF
Proportion0.66%
Dividend
A total of
411.52M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Dec 12, 2024
INDB.NB Interim Cash Dividend of gross USD 0.57 paid on Jan 06, 2025 going ex on Dec 30, 2024
Dec 30, 2024
Jan 06, 2025
Dec 30, 2024
Sep 19, 2024
INDB.NB Final Cash Dividend of gross USD 0.57 paid on Oct 04, 2024 going ex on Sep 30, 2024
Sep 30, 2024
Oct 04, 2024
Sep 30, 2024
Jun 20, 2024
INDB.NB Interim Cash Dividend of gross USD 0.57 paid on Jul 08, 2024 going ex on Jul 01, 2024
Jul 01, 2024
Jul 08, 2024
Jul 01, 2024
Mar 21, 2024
INDB.NB Interim Cash Dividend of gross USD 0.57 paid on Apr 05, 2024 going ex on Mar 28, 2024
Apr 01, 2024
Apr 05, 2024
Mar 28, 2024
Dec 14, 2023
INDB.NB Interim Cash Dividend of gross USD 0.55 paid on Jan 05, 2024 going ex on Dec 22, 2023
Dec 26, 2023
Jan 05, 2024
Dec 22, 2023
Sep 22, 2023
INDB.NB Final Cash Dividend of gross USD 0.55 paid on Oct 06, 2023 going ex on Sep 29, 2023
Oct 02, 2023
Oct 06, 2023
Sep 29, 2023
Jun 15, 2023
INDB.NB Interim Cash Dividend of gross USD 0.55 paid on Jul 07, 2023 going ex on Jun 23, 2023
Jun 26, 2023
Jul 07, 2023
Jun 23, 2023
Mar 16, 2023
INDB.NB Interim Cash Dividend of gross USD 0.55 paid on Apr 06, 2023 going ex on Mar 24, 2023
Mar 27, 2023
Apr 06, 2023
Mar 24, 2023
Dec 08, 2022
INDB.NB Interim Cash Dividend of gross USD 0.55 paid on Jan 06, 2023 going ex on Dec 23, 2022
Dec 27, 2022
Jan 06, 2023
Dec 23, 2022
Sep 15, 2022
INDB.NB Final Cash Dividend of gross USD 0.51 paid on Oct 07, 2022 going ex on Sep 23, 2022
Sep 26, 2022
Oct 07, 2022
Sep 23, 2022
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
