Independent Bank Corp. company logo
Independent Bank Corp. logo

Independent Bank Corp. (INDB) Altman Z-Score

Altman Z-Score

-0.280.01+3.45%

Summary

Current Value
As of today, INDB altman z-score is -0.28, up +3.45% on
Current Value Category
Based on its current altman z-score, INDB falls into the distress category
Sector Comparison
INDB altman z-score is higher than 22.49% of companies in Financial Services sector

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Series
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Performance

INDB Performance
MetricDateValue1D1M3MYTD1Y3Y5Y
Altman Z-Score-0.28+3.5%0.0%+3.5%+3.5%+12.5%0.0%-40.0%
Price$74.81+1.8%-2.5%+7.1%+2.4%+17.7%-8.4%-6.4%
Annual Working Capital-$10.45B-1.2%-1.2%-29.9%-87.3%
Annual Retained Earnings$1.17B+8.8%+8.8%+53.0%+79.3%
Annual EBIT$538.15M+6.7%+6.7%+215.8%+97.9%
Annual Current Ratio0.020.0%0.0%-90.9%-33.3%
-
Annual Debt To Equity0.25-43.2%-43.2%+257.1%+19.1%
Piotroski F-Score50.0%0.0%-28.6%0.0%-16.7%

History

DateValueChange
-0.28+3.4%
-0.29+9.4%
-0.32+3.0%
-0.33-22.2%
-0.27-17.4%
-0.23-4.5%
-0.22-10.0%
-0.200.0%
-0.20-25.0%
-0.160.0%
-0.16+15.8%
-0.190.0%
-0.19+5.0%
-0.20+13.0%
-0.23-9.5%
-0.21-10.5%
-0.19+57.8%
-0.45-32.4%
DateValueChange
-0.34+17.1%
-0.41-46.4%
-0.28+28.2%
-0.39+15.2%
-0.46-21.1%
-0.38-18.8%
-0.32-33.3%
-0.24+14.3%
-0.28-240.0%
0.20-33.3%
0.30+3.4%
0.29-14.7%
0.34-19.0%
0.42+31.3%
0.32-8.6%
0.35-12.5%
0.40+14.3%
0.35-

FAQ

  • What is the current altman z-score of INDB?

    As of today, INDB altman z-score is -0.28

  • What altman z-score category does INDB fall into?

    Based on its current altman z-score, INDB falls into the distress category

  • How does INDB altman z-score rank versus sector peers?

    INDB altman z-score is higher than 22.49% of companies in Financial Services sector

Altman Z-Score Formula

Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E
  • A = /
  • B = /
  • C = /
  • D = /
  • E = /

Data Sources & References

  1. INDB Official Website www.rocklandtrust.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/776901/000077690125000302/0000776901-25-000302-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/776901/000077690125000093/0000776901-25-000093-index.htm
  4. INDB Profile on Yahoo Finance finance.yahoo.com/quote/INDB
  5. INDB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/indb