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Independent Bank (INDB)
NASDAQ:INDB
INDB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$45.11 - $77.23
Previous CloseN/A
Volume35.65K
Average Volume (3M)374.34K
Market Cap
$2.31B
Enterprise Value$3.30B
Total Cash (Recent Filing)$219.06M
Total Debt (Recent Filing)$422.54M
Price to Earnings (P/E)12.0
Beta1.05
Next Earnings
Apr 17, 2025EPS Estimate
1.17Last Dividend Ex-Date
Mar 31, 2025Dividend Yield3.94%
Share Statistics
EPS (TTM)1.21
Shares Outstanding42,610,270
10 Day Avg. Volume397,272
30 Day Avg. Volume374,340
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.11
Price to Cash Flow (P/CF)15.70
P/FCF Ratio6.70
Enterprise Value/Market Cap1.43
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.87
Enterprise Value/Ebitda15.33
Forecast
1Y Price Target
$67.50Price Target Upside16.30% Upside
Rating ConsensusHold
Number of Analyst Covering2
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Independent Bank News
PremiumCompany Announcements
Independent Bank Corp. Earnings Call: Mixed Sentiments and Strategic Moves
PremiumCompany Announcements
Independent Bank Corp. Reports Q1 2025 Earnings
PremiumCompany Announcements
Independent Bank Reports Q1 2025 Financial Results---
Ownership Overview
0.86% Insiders
26.64% Mutual Funds
1.72% Other Institutional Investors
39.08% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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INDB FAQ
What was Independent Bank’s price range in the past 12 months?
Independent Bank lowest stock price was $45.11 and its highest was $77.23 in the past 12 months.
What is Independent Bank’s market cap?
Independent Bank’s market cap is $2.31B.
When is Independent Bank’s upcoming earnings report date?
Independent Bank’s upcoming earnings report date is Apr 17, 2025 which is 11 days ago.
How were Independent Bank’s earnings last quarter?
Independent Bank released its earnings results on Apr 17, 2025. The company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.165 by -$0.105.
Is Independent Bank overvalued?
According to Wall Street analysts Independent Bank’s price is currently Undervalued.
Does Independent Bank pay dividends?
Independent Bank pays a Quarterly dividend of $0.589 which represents an annual dividend yield of 3.94%. See more information on Independent Bank dividends here
What is Independent Bank’s EPS estimate?
Independent Bank’s EPS estimate is 1.17.
How many shares outstanding does Independent Bank have?
Independent Bank has 42,610,270 shares outstanding.
What happened to Independent Bank’s price movement after its last earnings report?
Independent Bank reported an EPS of $1.06 in its last earnings report, missing expectations of $1.165. Following the earnings report the stock price went down -2.185%.
Which hedge fund is a major shareholder of Independent Bank?
Currently, no hedge funds are holding shares in INDB
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Independent Bank Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$67.50 (16.30% Upside)
$67.50 (16.30% Upside)
Blogger Sentiment
Neutral
INDB Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 131.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
16.13%
12-Months-Change
Fundamentals
Return on Equity
6.38%
Trailing 12-Months
Asset Growth
0.14%
Trailing 12-Months
Company Description
Independent Bank
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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
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INDB Company Deck
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INDB Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong revenue growth, strategic progress, and recognition in the market. However, the elevated credit costs and economic uncertainty present challenges. The highlights and lowlights are relatively balanced.Read More>---
INDB Stock 12 Month Forecast
Average Price Target
$67.50
▲(16.30% Upside)
Technical Analysis
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Best Analysts Covering INDB
1 Year
1 Year Success Rate
6/15 ratings generated profit
1 Year Average Return
+0.55%
reiterated a buy rating 6 months ago
Copying Laurie Havener's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +0.55% per trade.
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