Logo image of INDB

INDEPENDENT BANK CORP/MA (INDB) Stock Price, Quote, News and Overview

NASDAQ:INDB - Nasdaq - US4538361084 - Common Stock - Currency: USD

67.9  -1.61 (-2.32%)

After market: 67.9 0 (0%)

INDB Quote, Performance and Key Statistics

INDEPENDENT BANK CORP/MA

NASDAQ:INDB (2/21/2025, 8:00:01 PM)

After market: 67.9 0 (0%)

67.9

-1.61 (-2.32%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High77.23
52 Week Low45.11
Market Cap2.89B
Shares42.49M
Float42.04M
Yearly Dividend2.21
Dividend Yield3.28%
PE14.92
Fwd PE12.48
Earnings (Next)04-16 2025-04-16/amc
IPO09-16 1974-09-16


INDB short term performance overview.The bars show the price performance of INDB in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5

INDB long term performance overview.The bars show the price performance of INDB in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 -10 20 -20

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%.

INDEPENDENT BANK CORP/MA / INDB Daily stock chart

INDB Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
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

About INDB

Company Profile

INDB logo image 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.

Company Info

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

INDEPENDENT BANK CORP/MA / INDB FAQ

What is the stock price of INDEPENDENT BANK CORP/MA today?

The current stock price of INDB is 67.9 USD. The price decreased by -2.32% in the last trading session.


What is the ticker symbol for INDEPENDENT BANK CORP/MA stock?

The exchange symbol of INDEPENDENT BANK CORP/MA is INDB and it is listed on the Nasdaq exchange.


On which exchange is INDB stock listed?

INDB stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for INDEPENDENT BANK CORP/MA stock?

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.


What is INDEPENDENT BANK CORP/MA worth?

INDEPENDENT BANK CORP/MA (INDB) has a market capitalization of 2.89B USD. This makes INDB a Mid Cap stock.


How many employees does INDEPENDENT BANK CORP/MA have?

INDEPENDENT BANK CORP/MA (INDB) currently has 1787 employees.


What are the support and resistance levels for INDEPENDENT BANK CORP/MA (INDB) stock?

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.


Is INDEPENDENT BANK CORP/MA (INDB) expected to grow?

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.


Should I buy INDEPENDENT BANK CORP/MA (INDB) stock?

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:


Does INDEPENDENT BANK CORP/MA (INDB) stock pay dividends?

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.


When does INDEPENDENT BANK CORP/MA (INDB) report earnings?

INDEPENDENT BANK CORP/MA (INDB) will report earnings on 2025-04-16, after the market close.


What is the Price/Earnings (PE) ratio of INDEPENDENT BANK CORP/MA (INDB)?

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.


What is the Short Interest ratio of INDEPENDENT BANK CORP/MA (INDB) stock?

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.


INDB Technical Analysis

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 TA Rating
Chartmill Setup Rating

INDB Fundamental Analysis

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.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

INDB Financial Highlights

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 RankSector Rank
PM (TTM) 28.53%
ROA 1.01%
ROE 6.61%
Debt/Equity 0.02
Chartmill High Growth Momentum
EPS Q2Q%-3.97%
Sales Q2Q%-0.18%
EPS 1Y (TTM)-16.05%
Revenue 1Y (TTM)-5.65%

INDB Ownership and Analysts

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


Ownership
Inst Owners85.88%
Ins Owners0.82%
Short Float %2.36%
Short Ratio3.94
Analysts
Analysts80
Price Target79.82 (17.56%)
EPS Next Y19.6%
Revenue Next Year16.74%