INDEPENDENT BANK CORP/MA (INDB) Stock Price, Forecast & Analysis
NASDAQ:INDB • US4538361084
INDB Key Statistics, Chart & Performance
The current stock price of INDB is 83.46 USD. In the past month the price increased by 3.63%. In the past year, price increased by 22.92%.
INDB Technical Analysis
ChartMill assigns a technical rating of 9 / 10 to INDB. When comparing the yearly performance of all stocks, INDB is one of the better performing stocks in the market, outperforming 77.58% of all stocks.
INDB Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to INDB. Both the profitability and financial health of INDB have multiple concerns.
INDB Financial Highlights
Over the last trailing twelve months INDB reported a non-GAAP Earnings per Share(EPS) of 5.56. The EPS increased by 22.2% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 23.04% | ||
| ROA | 0.72% | ||
| ROE | 5.07% | ||
| Debt/Equity | 0.1 |
INDB Forecast & Estimates
11 analysts have analysed INDB and the average price target is 91.8 USD. This implies a price increase of 9.99% is expected in the next year compared to the current price of 83.46.
For the next year, analysts expect an EPS growth of 33.52% and a revenue growth 21.39% for INDB
INDB Ownership
INDB Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 11.52 | 65.371B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 15.58 | 52.042B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 14.12 | 46.806B | ||
| BBT | BEACON FINANCIAL CORP | 8.72 | 38.998B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 10.94 | 36.231B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 10.83 | 36.21B | ||
| MTB | M & T BANK CORP | 12.25 | 34.788B | ||
| CFG | CITIZENS FINANCIAL GROUP | 12.62 | 27.725B | ||
| RF | REGIONS FINANCIAL CORP | 11.22 | 25.797B | ||
| EWBC | EAST WEST BANCORP INC | 11.61 | 16.491B |
Related stock screener links
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About INDB
Company Profile
Independent Bank Corp. operates as a bank holding company. The company is headquartered in Rockland, Massachusetts. 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.
Company Info
INDEPENDENT BANK CORP/MA
288 Union Street
Rockland MASSACHUSETTS 02370 US
CEO: Christopher Oddleifson
Employees: 1837
Phone: 17818786100
INDEPENDENT BANK CORP/MA / INDB FAQ
Can you describe the business of INDEPENDENT BANK CORP/MA?
Independent Bank Corp. operates as a bank holding company. The company is headquartered in Rockland, Massachusetts. 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.
What is the current price of INDB stock?
The current stock price of INDB is 83.46 USD. The price increased by 1.57% in the last trading session.
Does INDEPENDENT BANK CORP/MA pay dividends?
INDEPENDENT BANK CORP/MA (INDB) has a dividend yield of 2.87%. The yearly dividend amount is currently 2.25.
What is the ChartMill technical and fundamental rating of INDB stock?
INDB has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 4 out of 10.
How is the market expecting INDB stock to perform?
11 analysts have analysed INDB and the average price target is 91.8 USD. This implies a price increase of 9.99% is expected in the next year compared to the current price of 83.46.
What is the market capitalization of INDB stock?
INDEPENDENT BANK CORP/MA (INDB) has a market capitalization of 4.14B USD. This makes INDB a Mid Cap stock.
Can you provide the short interest for INDB stock?
The outstanding short interest for INDEPENDENT BANK CORP/MA (INDB) is 3.48% of its float.