...
search icon
indb-img

Independent Bank, Common Stock

INDB

NSQ

$61.18

-$0.27

(-0.44%)

1D
Industry: Banks Sector: Financials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$2.76B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
13.8401
Volume info-icon
This is the total number of shares traded during the most recent trading day.
465.28K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
3.84%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.84
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$43.37 L
$75.84 H
$61.18

About Independent Bank, Common Stock

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. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. more

Industry: BanksSector: Financials

Returns

Time FrameINDBSectorS&P500
1-Week Return-5.57%-1.93%-1.29%
1-Month Return7.41%6.64%10.63%
3-Month Return-9.75%-1.33%-2.43%
6-Month Return-17.3%-0.87%-2.14%
1-Year Return13.17%19.91%10%
3-Year Return-24.75%47.96%46.86%
5-Year Return-4.08%129.43%97.3%
10-Year Return35.53%206.8%174.39%

Financials

Dec '20Dec '21Dec '22Dec '23Dec '245YR TREND
Total Revenue477.45M507.41M727.92M795.73M683.11M[{"date":"2020-12-31","value":60,"profit":true},{"date":"2021-12-31","value":63.77,"profit":true},{"date":"2022-12-31","value":91.48,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":85.85,"profit":true}]
Cost of Revenue----(169.64M)[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":-16964000000,"profit":false}]
Gross Profit477.45M507.41M727.92M795.73M683.11M[{"date":"2020-12-31","value":60,"profit":true},{"date":"2021-12-31","value":63.77,"profit":true},{"date":"2022-12-31","value":91.48,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":85.85,"profit":true}]
Gross Margin100.00%100.00%100.00%100.00%100.00%[{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":100,"profit":true}]
Operating Expenses(324.62M)(350.73M)(389.37M)(480.59M)683.11M[{"date":"2020-12-31","value":-47.52,"profit":false},{"date":"2021-12-31","value":-51.34,"profit":false},{"date":"2022-12-31","value":-57,"profit":false},{"date":"2023-12-31","value":-70.35,"profit":false},{"date":"2024-12-31","value":100,"profit":true}]
Operating Income152.84M156.68M338.55M315.13M249.07M[{"date":"2020-12-31","value":45.14,"profit":true},{"date":"2021-12-31","value":46.28,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":93.08,"profit":true},{"date":"2024-12-31","value":73.57,"profit":true}]
Total Non-Operating Income/Expense305.18M302.07M527.77M921.65M559.79M[{"date":"2020-12-31","value":33.11,"profit":true},{"date":"2021-12-31","value":32.77,"profit":true},{"date":"2022-12-31","value":57.26,"profit":true},{"date":"2023-12-31","value":100,"profit":true},{"date":"2024-12-31","value":60.74,"profit":true}]
Pre-Tax Income152.84M156.68M347.75M315.13M247.13M[{"date":"2020-12-31","value":43.95,"profit":true},{"date":"2021-12-31","value":45.05,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":90.62,"profit":true},{"date":"2024-12-31","value":71.06,"profit":true}]
Income Taxes31.67M35.68M83.94M75.63M55.05M[{"date":"2020-12-31","value":37.73,"profit":true},{"date":"2021-12-31","value":42.51,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":90.1,"profit":true},{"date":"2024-12-31","value":65.58,"profit":true}]
Income After Taxes121.17M120.99M263.81M239.50M192.08M[{"date":"2020-12-31","value":45.93,"profit":true},{"date":"2021-12-31","value":45.86,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":90.78,"profit":true},{"date":"2024-12-31","value":72.81,"profit":true}]
Income From Continuous Operations121.17M120.99M263.81M239.50M192.08M[{"date":"2020-12-31","value":45.93,"profit":true},{"date":"2021-12-31","value":45.86,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":90.78,"profit":true},{"date":"2024-12-31","value":72.81,"profit":true}]
Income From Discontinued Operations-----[{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true},{"date":"2024-12-31","value":"-","profit":true}]
Net Income121.17M120.99M263.81M239.50M192.08M[{"date":"2020-12-31","value":45.93,"profit":true},{"date":"2021-12-31","value":45.86,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":90.78,"profit":true},{"date":"2024-12-31","value":72.81,"profit":true}]
EPS (Diluted)3.785.275.815.424.55[{"date":"2020-12-31","value":65.06,"profit":true},{"date":"2021-12-31","value":90.71,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":93.29,"profit":true},{"date":"2024-12-31","value":78.31,"profit":true}]

Ratios

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

INDB
ROA (LTM) 0.96%
ROE (LTM) 6.38%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

INDB
Debt Ratio Lower is generally better. Negative is bad. 0.85
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.15

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

INDB
Trailing PE 13.78
Forward PE 12.05
P/S (TTM) 3.99
P/B 0.86
Price/FCF 231
EV/R 4.99
EV/Ebitda NM
PEG 11.00

FAQs

What is Independent Bank share price today?

Independent Bank (INDB) share price today is $61.18

Can Indians buy Independent Bank shares?

Yes, Indians can buy shares of Independent Bank (INDB) on Vested. To buy Independent Bank from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in INDB stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Independent Bank be purchased?

Yes, you can purchase fractional shares of Independent Bank (INDB) via the Vested app. You can start investing in Independent Bank (INDB) with a minimum investment of $1.

How to invest in Independent Bank shares from India?

You can invest in shares of Independent Bank (INDB) via Vested in three simple steps:

  • Click on Sign Up or Invest in INDB stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Independent Bank shares
What is Independent Bank 52-week high and low stock price?

The 52-week high price of Independent Bank (INDB) is $75.84. The 52-week low price of Independent Bank (INDB) is $43.37.

What is Independent Bank price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Independent Bank (INDB) is 13.8401

What is Independent Bank price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Independent Bank (INDB) is 0.86

What is Independent Bank dividend yield?

The dividend yield of Independent Bank (INDB) is 3.84%

What is the Market Cap of Independent Bank?

The market capitalization of Independent Bank (INDB) is $2.76B

What is Independent Bank’s stock symbol?

The stock symbol (or ticker) of Independent Bank is INDB

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top