NASDAQ:INDB - Nasdaq - US4538361084 - Common Stock - Currency: USD
67.9
-1.61 (-2.32%)
The current stock price of INDB is 67.9 USD. In the past month the price increased by 3.07%. In the past year, price increased by 29.19%.
Symbol | Name | TA | FA | PE | Market Cap |
---|---|---|---|---|---|
TFC | TRUIST FINANCIAL CORP | 12.58 | 60.09B | ||
HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 20.4 | 37.07B | ||
HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 18.06 | 32.81B | ||
MTB | M & T BANK CORP | 12.51 | 32.11B | ||
HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 14.65 | 26.62B | ||
HBAN | HUNTINGTON BANCSHARES INC | 12.92 | 23.48B | ||
RF | REGIONS FINANCIAL CORP | 11.64 | 21.26B | ||
CFG | CITIZENS FINANCIAL GROUP | 14.81 | 19.77B | ||
VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 40.57 | 14.28B | ||
VLYPP | VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP | 40.03 | 14.09B | ||
VLYPO | VALLEY NATIONAL BANCORP - VLY 8.43172 PERP | 39.95 | 14.06B | ||
EWBC | EAST WEST BANCORP INC | 11.28 | 13.02B |
Independent Bank Corp. operates as a bank holding company. The company is headquartered in Rockland, Massachusetts and currently employs 1,787 full-time employees. 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.
INDEPENDENT BANK CORP/MA
288 Union Street
Rockland MASSACHUSETTS 02370 US
CEO: Christopher Oddleifson
Employees: 1787
Company Website: https://indb.rocklandtrust.com/corporate-profile/default.aspx
Investor Relations: https://ir.independentbank.com
Phone: 17818786100
The current stock price of INDB is 67.9 USD. The price decreased by -2.32% in the last trading session.
The exchange symbol of INDEPENDENT BANK CORP/MA is INDB and it is listed on the Nasdaq exchange.
INDB stock is listed on the Nasdaq exchange.
10 analysts have analysed INDB and the average price target is 79.82 USD. This implies a price increase of 17.55% is expected in the next year compared to the current price of 67.9. Check the INDEPENDENT BANK CORP/MA stock analysts ratings, price target forecast and up-and down grades for more detailed information.
INDEPENDENT BANK CORP/MA (INDB) has a market capitalization of 2.89B USD. This makes INDB a Mid Cap stock.
INDEPENDENT BANK CORP/MA (INDB) currently has 1787 employees.
INDEPENDENT BANK CORP/MA (INDB) has a support level at 63.18 and a resistance level at 68.43. Check the full technical report for a detailed analysis of INDB support and resistance levels.
The Revenue of INDEPENDENT BANK CORP/MA (INDB) is expected to grow by 16.74% in the next year. Check the estimates tab for more information on the INDB EPS, Sales, EBIT and EBITDA future analyst estimates.
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
INDEPENDENT BANK CORP/MA (INDB) has a dividend yield of 3.28%. The yearly dividend amount is currently 2.21. Check the full fundamental report for a detailed analysis of INDB dividend history, reliability and sustainability.
INDEPENDENT BANK CORP/MA (INDB) will report earnings on 2025-04-16, after the market close.
The PE ratio for INDEPENDENT BANK CORP/MA (INDB) is 14.92. This is based on the reported non-GAAP earnings per share of 4.55 and the current share price of 67.9 USD. Check the full fundamental report for a full analysis of the valuation metrics for INDB.
The outstanding short interest for INDEPENDENT BANK CORP/MA (INDB) is 2.36% of its float. Check the ownership tab for more information on the INDB short interest.
ChartMill assigns a technical rating of 6 / 10 to INDB. When comparing the yearly performance of all stocks, INDB is one of the better performing stocks in the market, outperforming 77.09% of all stocks.
ChartMill assigns a fundamental rating of 4 / 10 to INDB. The financial health of INDB is average, but there are quite some concerns on its profitability.
Over the last trailing twelve months INDB reported a non-GAAP Earnings per Share(EPS) of 4.55. The EPS decreased by -16.05% compared to the year before.
Industry Rank | Sector Rank | ||
---|---|---|---|
PM (TTM) | 28.53% | ||
ROA | 1.01% | ||
ROE | 6.61% | ||
Debt/Equity | 0.02 |
ChartMill assigns a Buy % Consensus number of 80% to INDB. The Buy consensus is the average rating of analysts ratings from 10 analysts.
For the next year, analysts expect an EPS growth of 19.6% and a revenue growth 16.74% for INDB