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Independent Bank

INDB
Current price
70.61 USD -1.52 USD (-2.11%)
Last closed 72.93 USD
ISIN US4538361084
Sector Financial Services
Industry Banks - Regional
Exchange NASDAQ
Capitalization 3 098 124 800 USD
Yield for 12 month +36.55 %
1Y
3Y
5Y
10Y
15Y
INDB
21.11.2021 - 28.11.2021

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts. Address: 288 Union Street, Rockland, MA, United States, 02370

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Analytics

WallStreet Target Price

68.75 USD

P/E ratio

13.7345

Dividend Yield

3.23 %

Current Year

+795 726 000 USD

Last Year

+727 916 000 USD

Current Quarter

+155 238 000 USD

Last Quarter

+243 453 000 USD

Current Year

+795 726 000 USD

Last Year

+727 916 000 USD

Current Quarter

+123 547 000 USD

Last Quarter

+211 596 000 USD

Key Figures INDB

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
EBITDA
Operating Margin TTM 37.2 %
PE Ratio 13.7345
Return On Assets TTM 1.01 %
PEG Ratio 10.9971
Return On Equity TTM 6.72 %
Wall Street Target Price 68.75 USD
Revenue TTM 655 494 016 USD
Book Value 70.08 USD
Revenue Per Share TTM
Dividend Share 2.26 USD
Quarterly Revenue Growth YOY -12.5 %
Dividend Yield 3.23 %
Gross Profit TTM 718 355 000 USD
Earnings per share 5.31 USD
Diluted Eps TTM 5.31 USD
Most Recent Quarter III 2024
Quarterly Earnings Growth YOY -26.7 %
Profit Margin 30.03 %

Dividend Analytics INDB

Dividend growth over 5 years

45 %

Continuous growth

5 years

Payout Ratio 5 years average

44 %

Dividend History INDB

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Forward Annual Dividend Rate 2.28
Ex Dividend Date 30.09.2024
Forward Annual Dividend Yield 3.61 %
Last Split Factor 3:2
Payout Ratio 49.13 %
Last Split Date 01.10.1987
Dividend Date 04.10.2024

Stock Valuation INDB

1 year
3 years
5 years
10 years
21.11.2021 - 28.11.2021
Trailing PE 13.7345
Forward PE 13.8696
Enterprise Value Revenue 5.4692
Price Sales TTM 4.7264
Enterprise Value EBITDA
Price Book MRQ 1.0406

Financials INDB

1 year
3 years
5 years
10 years
15 years
Results 2019 Dynamics
* The data for this period has not yet been published

Technical indicators INDB

For 52 weeks

44.17 USD 73.28 USD
50 Day MA 60.95 USD
Shares Short Prior Month 521 098
200 Day MA 54.99 USD
Short Ratio 2.82
Shares Short 890 308
Short Percent 2.92 %