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INDB.US - Current Price

$74.46

Company Information

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Company Name
Independent Bank
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US4538361084
CIK: 0000776901
CUSIP: 453836108
Currency: USD
Full Time Employees: 1,837
Phone: 781 878 6100
Website: https://www.rocklandtrust.com
Fiscal Year End: December
IPO Date: Mar 27, 1990
Description:

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.

Address:

288 Union Street, Rockland, MA, United States, 02370

Directors & Officers

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Name Title Year Born
Mr. Jeffrey J. Tengel President, CEO & Director 1963
Mr. Mark J. Ruggiero CPA Chief Financial Officer 1977
Ms. Patricia M. Natale Esq. Executive VP, General Counsel & Corporate Secretary 1966
Mr. Lee C. Powlus Executive VP, Chief Technology & Operations Officer of Rockland Trust Company 1961
Mr. David Byron Smith C.F.A. Executive VP & Chief Investment Officer NA
Ms. Maureen A. Gaffney Senior VP, Controller & Principal Accounting Officer 1979
Mr. Alastair Ironside Executive VP & Chief Marketing Officer NA
Ms. Maria S. Harris Executive VP & Chief Human Resource Officer of Rockland Trust Company 1971
Timothy C. Lane Senior VP & Chief Internal Auditor NA
Ms. Margaret McCarthy Executive VP & Chief Retail Banking Officer NA

Shares Statistics

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Shares Outstanding: 49.58M
Shares Float: 48.77M
% Insiders: 77.20%
% Institutions: 8,632.80%
Short % Float: 4.83%

Valuation Metrics

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Enterprise Value: $3.58B
Trailing P/E: 18.34
Forward P/E: 10.21

Financial Highlights

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Market Cap: $3.70B
P/E Ratio: $18.34
PEG Ratio: $11.00
Book Value: $71.24
Dividend/Share: $2.34
Dividend Yield: 3.10%
Earnings/Share: $4.06
Profit Margin: 25.25%
Operating Margin: 38.34%
ROA (TTM): 0.81%
ROE (TTM): 5.51%
Revenue (TTM): $712.22M
Revenue/Share (TTM): $16.03
Earnings Growth (YOY): -32.10%
Revenue Growth (YOY): 31.80%

Stock Price History

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1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

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Revenue & Net Income

Operating Expenses

Balance Sheet Overview

Earnings Per Share (EPS)

Earnings History

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Date EPS Actual EPS Estimate Difference Surprise %
Dec 31, 2025 0.00 1.63 N/A -10,000.00%
Sep 30, 2025 1.55 1.54 N/A 64.94%
Jun 30, 2025 1.25 1.21 N/A 330.58%
Mar 31, 2025 1.06 1.17 N/A -940.17%
Dec 31, 2024 1.21 1.16 N/A 431.03%
Sep 30, 2024 1.01 1.03 N/A -194.17%
Jun 30, 2024 1.21 1.12 N/A 803.57%
Mar 31, 2024 1.12 1.15 N/A -260.87%
Dec 31, 2023 1.26 1.24 N/A 161.29%
Sep 30, 2023 1.38 1.33 N/A 375.94%
Jun 30, 2023 1.42 1.36 N/A 441.18%
Mar 31, 2023 1.36 1.54 N/A -1,168.83%
Dec 31, 2022 1.69 1.65 N/A 242.42%
Sep 30, 2022 1.57 1.42 N/A 1,056.34%
Jun 30, 2022 1.32 1.26 N/A 476.19%
Mar 31, 2022 1.23 1.26 N/A -238.10%
Dec 31, 2021 1.63 1.10 N/A 4,818.18%
Sep 30, 2021 1.21 1.02 N/A 1,862.75%
Jun 30, 2021 1.17 1.08 N/A 833.33%
Mar 31, 2021 1.26 1.09 N/A 1,559.63%
Dec 31, 2020 1.17 1.03 N/A 1,359.22%
Sep 30, 2020 1.07 0.81 N/A 3,209.88%
Jun 30, 2020 0.76 0.62 N/A 2,258.06%
Mar 31, 2020 0.78 1.19 N/A -3,445.38%
Dec 31, 2019 1.51 1.39 N/A 863.31%
Sep 30, 2019 1.49 1.41 N/A 567.38%
Jun 30, 2019 1.42 1.31 N/A 839.69%
Mar 31, 2019 1.25 1.29 N/A -310.08%
Dec 31, 2018 1.07 1.20 N/A -1,083.33%
Sep 30, 2018 1.14 1.20 N/A -500.00%
Jun 30, 2018 1.13 1.09 N/A 366.97%
Mar 31, 2018 1.00 1.05 N/A -476.19%
Dec 31, 2017 0.89 0.89 N/A 0.00%
Sep 30, 2017 0.87 0.89 N/A -224.72%
Jun 30, 2017 0.75 0.78 N/A -384.62%
Mar 31, 2017 0.76 0.78 N/A -256.41%
Dec 31, 2016 0.64 0.79 N/A -1,898.73%
Sep 30, 2016 0.78 0.76 N/A 263.16%
Jun 30, 2016 0.77 0.74 N/A 405.41%
Mar 31, 2016 0.71 0.69 N/A 289.86%
Dec 31, 2015 0.74 0.70 N/A 571.43%
Sep 30, 2015 0.71 0.69 N/A 289.86%
Jun 30, 2015 0.69 0.65 N/A 615.38%
Mar 31, 2015 0.38 0.61 N/A -3,770.49%
Dec 31, 2014 0.66 0.67 N/A -149.25%
Sep 30, 2014 0.66 0.65 N/A 153.85%
Jun 30, 2014 0.64 0.63 N/A 158.73%
Mar 31, 2014 0.51 0.56 N/A -892.86%
Dec 31, 2013 0.61 0.62 N/A -161.29%
Sep 30, 2013 0.63 0.60 N/A 500.00%
Jun 30, 2013 0.58 0.59 N/A -169.49%
Mar 31, 2013 0.58 0.55 N/A 545.45%
Dec 31, 2012 0.61 0.56 N/A 892.86%
Sep 30, 2012 0.55 0.56 N/A -178.57%
Jun 30, 2012 0.54 0.52 N/A 384.62%
Mar 31, 2012 0.56 0.50 N/A 1,200.00%
Dec 31, 2011 0.54 0.54 N/A 0.00%
Sep 30, 2011 0.56 0.55 N/A 181.82%
Jun 30, 2011 0.52 0.54 N/A -370.37%
Mar 31, 2011 0.52 0.49 N/A 612.24%
Dec 31, 2010 0.56 0.53 N/A 566.04%
Sep 30, 2010 0.53 0.48 N/A 1,041.67%
Jun 30, 2010 0.38 0.45 N/A -1,555.56%
Mar 31, 2010 0.44 0.43 N/A 232.56%
Dec 31, 2009 0.43 0.48 N/A -1,041.67%
Sep 30, 2009 0.33 0.47 N/A -2,978.72%
Jun 30, 2009 -0.19 0.34 N/A -15,588.24%
Mar 31, 2009 0.32 0.26 N/A 2,307.69%
Dec 31, 2008 0.18 0.47 N/A -6,170.21%
Sep 30, 2008 0.51 0.55 N/A -727.27%
Jun 30, 2008 0.51 0.56 N/A -892.86%
Mar 31, 2008 0.48 0.51 N/A -588.24%
Dec 31, 2007 0.56 0.55 N/A 181.82%
Sep 30, 2007 0.60 0.52 N/A 1,538.46%
Jun 30, 2007 0.51 0.49 N/A 408.16%
Mar 31, 2007 0.47 0.50 N/A -600.00%
Dec 31, 2006 0.57 0.57 N/A 0.00%
Sep 30, 2006 0.58 0.58 N/A 0.00%
Jun 30, 2006 0.55 0.55 N/A 0.00%
Mar 31, 2006 0.51 0.53 N/A -377.36%
Dec 31, 2005 0.55 0.56 N/A -178.57%
Sep 30, 2005 0.56 0.55 N/A 181.82%
Jun 30, 2005 0.52 0.53 N/A -188.68%
Mar 31, 2005 0.51 0.51 N/A 0.00%
Dec 31, 2004 0.59 0.55 N/A 727.27%
Sep 30, 2004 0.54 0.54 N/A 0.00%
Jun 30, 2004 0.45 0.45 N/A 0.00%
Mar 31, 2004 0.45 0.47 N/A -425.53%
Dec 31, 2003 0.49 0.47 N/A 425.53%
Sep 30, 2003 0.51 0.48 N/A 625.00%
Jun 30, 2003 0.49 0.45 N/A 888.89%
Mar 31, 2003 0.45 0.48 N/A -625.00%
Dec 31, 2002 0.48 0.49 N/A -204.08%
Sep 30, 2002 0.48 0.45 N/A 666.67%
Jun 30, 2002 0.24 0.34 N/A -2,941.18%
Mar 31, 2002 0.44 0.44 N/A 0.00%
Dec 31, 2001 0.43 0.40 N/A 750.00%
Sep 30, 2001 0.37 0.35 N/A 571.43%
Jun 30, 2001 0.34 0.33 N/A 303.03%
Mar 31, 2001 0.32 0.31 N/A 322.58%
Dec 31, 2000 0.34 0.31 N/A 967.74%
Sep 30, 2000 0.30 0.29 N/A 344.83%
Jun 30, 2000 0.30 0.30 N/A 0.00%
Mar 31, 2000 0.30 0.31 N/A -322.58%
Dec 31, 1999 0.32 0.32 N/A 0.00%
Sep 30, 1999 0.31 0.31 N/A 0.00%
Jun 30, 1999 0.29 0.29 N/A 0.00%
Mar 31, 1999 0.27 0.27 N/A 0.00%
Dec 31, 1998 0.30 0.29 N/A 344.83%
Sep 30, 1998 0.27 0.28 N/A -357.14%
Jun 30, 1998 0.27 0.27 N/A 0.00%
Mar 31, 1998 0.25 0.26 N/A -384.62%
Dec 31, 1997 0.26 0.26 N/A 0.00%
Sep 30, 1997 0.25 0.24 N/A 416.67%
Jun 30, 1997 0.24 0.21 N/A 1,428.57%
Mar 31, 1997 0.20 0.20 N/A 0.00%
Dec 31, 1996 0.22 0.21 N/A 476.19%
Sep 30, 1996 0.20 0.20 N/A 0.00%
Jun 30, 1996 0.19 0.19 N/A 0.00%
Mar 31, 1996 0.18 0.18 N/A 0.00%

Balance Sheet (Yearly)

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Date Cash Total Debt Total Assets Total Liabilities Total Equity
2024-12-31 $219.89M $N/A $19.37B $16.38B $2.99B
2023-12-31 $224.33M $N/A $19.35B $16.45B $2.90B
2022-12-31 $352.93M $N/A $19.29B $16.41B $2.89B
2021-12-31 $2.24B $N/A $20.42B $17.40B $3.02B
2020-12-31 $1.30B $N/A $13.20B $11.50B $1.70B
2019-12-31 $150.97M $N/A $11.40B $303.10M $1.71B
2018-12-31 $250.46M $N/A $8.85B $7.78B $1.07B
2017-12-31 $213.12M $N/A $8.08B $7.14B $943.81M
2016-12-31 $289.10M $N/A $7.71B $6.84B $864.69M
2015-12-31 $275.77M $N/A $7.21B $6.44B $771.46M
2014-12-31 $178.25M $N/A $6.36B $5.72B $640.53M
2013-12-31 $216.33M $N/A $6.10B $5.51B $591.54M
2012-12-31 $215.47M $N/A $5.76B $5.23B $529.32M
2011-12-31 $237.50M $N/A $4.97B $4.50B $469.06M
2010-12-31 $161.28M $N/A $4.70B $4.26B $436.47M
2009-12-31 $121.91M $N/A $4.48B $4.07B $412.65M
2008-12-31 $50.01M $N/A $3.63B $3.32B $305.27M
2007-12-31 $67.42M $N/A $2.77B $2.55B $220.47M
2006-12-31 $62.77M $N/A $2.83B $2.60B $229.78M
2005-12-31 $66.29M $N/A $3.04B $2.81B $228.15M
2004-12-31 $62.96M $N/A $2.94B $2.73B $210.74M
2003-12-31 $75.50M $N/A $2.44B $2.22B $171.85M
2002-12-31 $71.32M $N/A $2.29B $2.08B $161.24M
2001-12-31 $66.97M $N/A $2.20B $1.99B $133.26M
2000-12-31 $58.01M $N/A $1.95B $1.78B $114.71M
1999-12-31 $48.95M $N/A $1.59B $1.46B $98.13M
1998-12-31 $86.20M $N/A $1.58B $1.45B $95.80M
1997-12-31 $65.00M $N/A $1.37B $1.25B $92.50M
1996-12-31 $53.50M $N/A $1.09B $1.01B $81.10M
1995-12-31 $80.70M $N/A $987.60M $915.00M $72.60M
1994-12-31 $59.10M $N/A $929.20M $865.00M $64.20M
1993-12-31 $58.60M $N/A $829.70M $772.30M $57.40M
1992-12-31 $88.10M $N/A $807.10M $754.40M $52.70M
1991-12-31 $69.60M $N/A $846.30M $815.00M $31.30M
1990-12-31 $N/A $N/A $N/A $N/A $N/A
1989-12-31 $N/A $N/A $N/A $N/A $N/A
1988-12-31 $N/A $N/A $N/A $N/A $N/A
1987-12-31 $N/A $N/A $N/A $N/A $N/A
1986-12-31 $N/A $N/A $N/A $N/A $N/A
1985-12-31 $N/A $N/A $N/A $N/A $N/A

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 11, 2025 N/A N/A N/A N/A N/A N/A

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