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Independent Bank/$INDB
14:30
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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
Trading on
Industry
Banks
Headquarters
Employees
1,787
Website
Independent Bank Metrics
BasicAdvanced
$2.8B
14.82
$4.52
0.80
$2.28
3.40%
Price and volume
Market cap
$2.8B
Beta
0.8
52-week high
$74.78
52-week low
$59.46
Average daily volume
263K
Dividend rate
$2.28
Financial strength
Management effectiveness
Return on assets (TTM)
0.99%
Return on equity (TTM)
6.52%
Valuation
Price to earnings (TTM)
14.82
Price to revenue (TTM)
4.356
Price to book
0.95
Price to tangible book (TTM)
1.43
Dividend yield (TTM)
3.40%
Forward dividend yield
3.40%
Growth
Revenue change (TTM)
-7.64%
Earnings per share change (TTM)
-16.61%
3-year revenue growth (CAGR)
10.14%
3-year earnings per share growth (CAGR)
9.21%
3-year dividend per share growth (CAGR)
5.90%
Independent Bank News
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FAQs
What’s the current market cap for Independent Bank stock?
Independent Bank (INDB) has a market cap of $2.8B as of January 30, 2025.
What is the P/E ratio for Independent Bank stock?
The price to earnings (P/E) ratio for Independent Bank (INDB) stock is 14.82 as of January 30, 2025.
Does Independent Bank stock pay dividends?
Yes, the Independent Bank (INDB) stock pays dividends to shareholders. As of January 30, 2025, the dividend rate is $2.28 and the yield is 3.4%. Independent Bank has a payout ratio of 0% 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 0.8. 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.