Independent Bank Corp (Massachusetts)

INDB

86.010USD

+0.840+0.99%

Close 02/06, 16:00（ET）Quotes delayed by 15 min

Independent Bank Corp (Massachusetts)'s Score

Industry at a Glance

Industry Ranking

72 / 397

Overall Ranking

123 / 4521

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

Neutral

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 1.19, at a high 3-year percentile range.

Institutional Buying

The latest institutional holdings are 43.34M shares, increasing 1.87% quarter-over-quarter.

Held by CI Select Canadian Equity Fund

Star Investor CI Select Canadian Equity Fund holds 26.00 shares of this stock.

Lower Market Activity

The company has less investor interest, with a 20-day turnover ratio of 0.02.

Analyst Rating

Based on 5 analysts

Buy

Current Rating

90.000

Target Price

+5.67%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

The current financial score of Independent Bank Corp (Massachusetts) is 7.29, ranking 212 out of 397 in the Banking Services industry. Its financial status is stable, and its operating efficiency is low. Its latest quarterly revenue reached 240.30M, representing a year-over-year increase of 44.43%, while its net profit experienced a year-over-year increase of 50.57%.

Score

Industry at a Glance

Previous score

7.29

Change

0



Financials

7.70

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.

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Quality of Earnings

7.04

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.

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Operational Efficiency

5.52

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.

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Growth Potential

8.11

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.

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Shareholder Returns

8.06

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

The current valuation score of Independent Bank Corp (Massachusetts) is 6.80, ranking 325 out of 397 in the Banking Services industry. Its current P/E ratio is 19.36, which is 1.05% below the recent high of 19.56 and 61.84% above the recent low of 7.39.

Score

Industry at a Glance

Previous score

6.80

Change

0

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 72/397

Relevant data have not been disclosed by the company yet.

The current earnings forecast score of Independent Bank Corp (Massachusetts) is 7.20, ranking 170 out of 397 in the Banking Services industry. The average price target is 83.50, with a high of 90.00 and a low of 76.00.

Score

Industry at a Glance

Previous score

7.20

Change

0

Support & Resistance

Relevant data have not been disclosed by the company yet.

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

The current price momentum score of Independent Bank Corp (Massachusetts) is 9.33, ranking 128 out of 397 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 90.96 and the support level at 77.11, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

9.29

Change

0.04

Support & Resistance

Relevant data have not been disclosed by the company yet.

Institutional Confidence

Currency: USD Updated: 2026-02-06

The current institutional shareholding score of Independent Bank Corp (Massachusetts) is 7.00, ranking 57 out of 397 in the Banking Services industry. The latest institutional shareholding proportion is 87.41%, representing a quarter-over-quarter increase of 7.97%. The largest institutional shareholder is The Vanguard, holding a total of 5.86M shares, representing 11.81% of shares outstanding, with 1.65% decrease in holdings.

Score

Industry at a Glance

Previous score

7.00

Change

0

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

BlackRock Institutional Trust Company, N.A.

6.53M

+14.10%

The Vanguard Group, Inc.

Star Investors

5.93M

+14.87%

Dimensional Fund Advisors, L.P.

2.61M

+10.64%

State Street Investment Management (US)

2.56M

+13.90%

AllianceBernstein L.P.

1.71M

+0.15%

Rockland Trust Company

685.44K

-6.27%

Geode Capital Management, L.L.C.

1.21M

+15.55%

Nomura Investment Management Business Trust

1.17M

+8.26%

DePrince, Race & Zollo, Inc.

1.03M

-0.71%

Verition Fund Management LLC

946.01K

+17.65%

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The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Independent Bank Corp (Massachusetts) is 8.39, ranking 96 out of 397 in the Banking Services industry. The company's beta value is 0.79. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.

Independent Bank Corp (Massachusetts)

INDB

7.69 /10

Score

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