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Independent Bank (INDB) Stock

Profile

Country:

United States

IPO:

14 May 1986

Indexes:

Not included

Description:

Independent Bank Corp. is an American banking holding company. It was founded in 1907. The headquarters is located in Rockland, Massachusetts (USA). Independent Bank Corp. offers a wide range of banking services: various types of loans and deposits, investment management, etc. The company provides commercial loans (for real estate, construction, secured and unsecured for commercial purposes, etc. for small and medium businesses); mortgage loans and other consumer loans (loans, installment loans, credit cards, etc. for individuals).

Key Details

Price

$65.50

TTM Dividend Yield

2.61%(-23.01% YoY)

Annual Revenue

$722.13 M(+0.26% YoY)

Annual EPS

$5.42(-4.75% YoY)

PE Ratio

14.24(+28.52% YoY)

Beta

1.01

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 17, 2024

Recent annual earnings:

Jan 25, 2024
Dividend

Next ex-dividend date:

Dec 30, 2024

Recent ex-dividend date:

Sept 30, 2024
Splits

Next split:

N/A

Recent split:

Oct 01, 1987

Analyst ratings

Recent major analysts updates

12 Dec '24 Keefe, Bruyette & Woods
Market Perform
04 Dec '24 Keefe, Bruyette & Woods
Market Perform
21 Oct '24 Raymond James
Strong Buy
21 Oct '24 Keefe, Bruyette & Woods
Market Perform
22 July '24 Seaport Global
Buy
22 Apr '24 Keefe, Bruyette & Woods
Market Perform
22 Jan '24 Keefe, Bruyette & Woods
Market Perform
23 Oct '23 Seaport Global
Neutral
12 Sept '23 Seaport Global
Sell
25 Apr '23 Keefe, Bruyette & Woods
Market Perform

Market Data

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Institutional Ownership

Independent Bank Corp. (INDB) Q3 2024 Earnings Call Transcript
Independent Bank Corp. (INDB) Q3 2024 Earnings Call Transcript
Independent Bank Corp. (INDB) Q3 2024 Earnings Call Transcript
INDB
seekingalpha.com18 October 2024

Independent Bank Corp. (NASDAQ:INDB ) Q3 2024 Results Conference Call October 18, 2024 10:00 AM ET Company Participants Jeff Tengel - CEO Mark Ruggiero - CFO & Head of Consumer Lending Conference Call Participants Steve Moss - Raymond James Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Seaport Research Christopher O'Connell - KBW Operator Good day, and welcome to the Independent Bank Corp Third Quarter 2024 Earnings Call Conference Call. All participants will be in listen only mode.

Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
Compared to Estimates, Independent Bank Corp. (INDB) Q3 Earnings: A Look at Key Metrics
INDB
zacks.com17 October 2024

The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Independent Bank Corp. (INDB) Surpasses Q3 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) Surpasses Q3 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) Surpasses Q3 Earnings and Revenue Estimates
INDB
zacks.com17 October 2024

Independent Bank Corp. (INDB) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.38 per share a year ago.

Independent Bank Corp. Reports Third Quarter Net Income of $42.9 Million
Independent Bank Corp. Reports Third Quarter Net Income of $42.9 Million
Independent Bank Corp. Reports Third Quarter Net Income of $42.9 Million
INDB
businesswire.com17 October 2024

ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2024 third quarter net income of $42.9 million, or $1.01 per diluted share, compared to 2024 second quarter net income of $51.3 million, or $1.21 per diluted share. The decline in net income was largely attributable to an increase in the Company's loan loss provision compared to the prior quarter, partially mitigated by higher revenue levels. The increa.

Independent Bank Corp. (INDB) Upgraded to Strong Buy: Here's What You Should Know
Independent Bank Corp. (INDB) Upgraded to Strong Buy: Here's What You Should Know
Independent Bank Corp. (INDB) Upgraded to Strong Buy: Here's What You Should Know
INDB
zacks.com06 September 2024

Independent Bank Corp. (INDB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Can Independent Bank Corp. (INDB) Run Higher on Rising Earnings Estimates?
Can Independent Bank Corp. (INDB) Run Higher on Rising Earnings Estimates?
Can Independent Bank Corp. (INDB) Run Higher on Rising Earnings Estimates?
INDB
zacks.com25 July 2024

Independent Bank Corp. (INDB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Independent Bank Corp. (INDB) Reports Q2 Earnings: What Key Metrics Have to Say
Independent Bank Corp. (INDB) Reports Q2 Earnings: What Key Metrics Have to Say
Independent Bank Corp. (INDB) Reports Q2 Earnings: What Key Metrics Have to Say
INDB
zacks.com18 July 2024

The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
INDB
zacks.com18 July 2024

Independent Bank Corp. (INDB) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.42 per share a year ago.

Independent Bank: Just Worth Considering
Independent Bank: Just Worth Considering
Independent Bank: Just Worth Considering
INDB
seekingalpha.com30 May 2024

Independent Bank has experienced mixed financial results in recent years, but its shares are attractively priced compared to similar firms. The bank offers a wide range of banking, investment, and financial services through its retail branches and lending centers. The company's loan portfolio has consistently increased, but deposits have declined, leading to some volatility in its financial performance.

Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
INDB
Zacks Investment Research18 April 2024

The key figures for Independent Bank Corp. (INDB) offer a glimpse into its performance in the first quarter of 2024, but it could be beneficial to compare certain metrics with Wall Street expectations and the previous year's results.

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FAQ

  • What is the primary business of Independent Bank?
  • What is the ticker symbol for Independent Bank?
  • Does Independent Bank pay dividends?
  • What sector is Independent Bank in?
  • What industry is Independent Bank in?
  • What country is Independent Bank based in?
  • When did Independent Bank go public?
  • Is Independent Bank in the S&P 500?
  • Is Independent Bank in the NASDAQ 100?
  • Is Independent Bank in the Dow Jones?
  • When was Independent Bank's last earnings report?
  • When does Independent Bank report earnings?
  • Should I buy Independent Bank stock now?

What is the primary business of Independent Bank?

Independent Bank Corp. is an American banking holding company. It was founded in 1907. The headquarters is located in Rockland, Massachusetts (USA). Independent Bank Corp. offers a wide range of banking services: various types of loans and deposits, investment management, etc. The company provides commercial loans (for real estate, construction, secured and unsecured for commercial purposes, etc. for small and medium businesses); mortgage loans and other consumer loans (loans, installment loans, credit cards, etc. for individuals).

What is the ticker symbol for Independent Bank?

The ticker symbol for Independent Bank is NASDAQ:INDB

Does Independent Bank pay dividends?

Yes, Independent Bank pays dividends. The last payment was $0.57, with an ex-dividend date on 30 September 2024

What sector is Independent Bank in?

Independent Bank is in the Financial Services sector

What industry is Independent Bank in?

Independent Bank is in the Banks - Regional industry

What country is Independent Bank based in?

Independent Bank is headquartered in United States

When did Independent Bank go public?

Independent Bank's initial public offering (IPO) was on 14 May 1986

Is Independent Bank in the S&P 500?

No, Independent Bank is not included in the S&P 500 index

Is Independent Bank in the NASDAQ 100?

No, Independent Bank is not included in the NASDAQ 100 index

Is Independent Bank in the Dow Jones?

No, Independent Bank is not included in the Dow Jones index

When was Independent Bank's last earnings report?

Independent Bank's most recent earnings report was on 17 October 2024

When does Independent Bank report earnings?

The next expected earnings date for Independent Bank is 24 January 2025

Should I buy Independent Bank stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions