Independent Bank/$INDB
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX
About Independent Bank
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
Ticker
$INDB
Sector
Primary listing
Industry
Banks
Headquarters
Employees
1,837
ISIN
US4538361084
Website
Independent Bank Metrics
BasicAdvanced
$3.4B
15.18
$4.44
0.84
$3.47
3.50%
Price and volume
Market cap
$3.4B
Beta
0.84
52-week high
$74.78
52-week low
$52.15
Average daily volume
405K
Dividend rate
$3.47
Financial strength
Dividend payout ratio (TTM)
51.31%
Profitability
Net profit margin (TTM)
28.85%
Operating margin (TTM)
39.97%
Effective tax rate (TTM)
21.95%
Revenue per employee (TTM)
$360,000
Management effectiveness
Return on assets (TTM)
0.96%
Return on equity (TTM)
6.38%
Valuation
Price to earnings (TTM)
15.183
Price to revenue (TTM)
4.379
Price to book
0.95
Price to tangible book (TTM)
1.41
Price to free cash flow (TTM)
16.454
Free cash flow yield (TTM)
6.08%
Free cash flow per share (TTM)
409.70%
Dividend yield (TTM)
5.15%
Forward dividend yield
3.50%
Growth
Revenue change (TTM)
-5.23%
Earnings per share change (TTM)
-14.38%
3-year revenue growth (CAGR)
7.17%
3-year earnings per share growth (CAGR)
8.86%
10-year earnings per share growth (CAGR)
6.79%
3-year dividend per share growth (CAGR)
5.66%
10-year dividend per share growth (CAGR)
8.91%
Bulls say / Bears say
Independent Bank Corp. reported a net income of $50.0 million in Q4 2024, surpassing analyst estimates and demonstrating strong financial performance. (ainvest.com)
The company's net interest margin expanded to 3.33% in Q4 2024, reflecting effective management of interest-earning assets and liabilities. (ainvest.com)
Independent Bank Corp. achieved a record $7.2 billion in assets under administration as of September 30, 2024, indicating robust growth in its wealth management business. (gurufocus.com)
The bank set up a sizable reserve of $22.4 million for a large commercial real estate office loan moved to non-performing status, reflecting potential future losses. (gurufocus.com)
Loan balances decreased by $40 million or 0.3% in Q3 2024, primarily due to payoff activity in the construction book, indicating potential challenges in loan growth. (gurufocus.com)
The bank's net interest margin is expected to contract slightly in the near term due to anticipated Federal Reserve rate cuts, which could impact profitability. (gurufocus.com)
Data summarised monthly by Lightyear AI. Last updated on 9 Jul 2025.
Independent Bank News
AllArticlesVideos
Independent Bank Corp.'s Announcement of Date of Second Quarter Conference Call
Business Wire·4 days ago
Independent Bank Corp. Announces Quarterly Dividend
Business Wire·3 weeks ago
Independent Bank Corp. and Enterprise Bancorp, Inc. Announce the Receipt of All Regulatory Approvals and Anticipated Closing Date
Business Wire·1 month ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Independent Bank stock?
Independent Bank (INDB) has a market cap of $3.4B as of July 11, 2025.
What is the P/E ratio for Independent Bank stock?
The price to earnings (P/E) ratio for Independent Bank (INDB) stock is 15.18 as of July 11, 2025.
Does Independent Bank stock pay dividends?
Yes, the Independent Bank (INDB) stock pays dividends to shareholders. As of July 11, 2025, the dividend rate is $3.47333 and the yield is 3.5%. Independent Bank has a payout ratio of 51.31% on a trailing twelve-month basis.
When is the next Independent Bank dividend payment date?
The next Independent Bank (INDB) dividend payment date is unconfirmed.
What is the beta indicator for Independent Bank?
Independent Bank (INDB) has a beta rating of 0.84. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.