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Market Cap 2.61B P/E 9.82 EPS this Y -13.50% Ern Qtrly Grth -22.00%
Income 226.02M Forward P/E 11.38 EPS next Y 4.50% 50D Avg Chg 18.00%
Sales 689.96M PEG 4.22 EPS past 5Y 4.95% 200D Avg Chg -14.00%
Dividend 4.00% Price/Book 0.91 EPS next 5Y 2.50% 52W High Chg -35.00%
Recommedations 3.00 Quick Ratio - Shares Outstanding 42.45M 52W Low Chg 37.00%
Insider Own 1.13% ROA 1.17% Shares Float 41.95M Beta -
Inst Own 85.48% ROE 7.91% Shares Shorted/Prior 721.17K/811.75K Price 59.19
Gross Margin - Profit Margin 32.76% Avg. Volume 274,577 Target Price 61.00
Oper. Margin 40.32% Earnings Date Apr 19 Volume 138,603 Change 0.24%
About Independent Bank Corp.

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.

Independent Bank Corp. News
04/19/24 Q1 2024 Independent Bank Corp (Massachusetts) Earnings Call
04/18/24 Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates
04/18/24 Independent Bank Corp. Reports First Quarter Net Income of $47.8 Million
04/08/24 Independent Bank Corp.’s Announcement of Date of First Quarter Conference Call
03/21/24 Independent Bank Corp. Announces 4% Increase in Quarterly Dividend
02/29/24 Independent Bank Corp. CEO Jeffrey Tengel and CFO Mark J. Ruggiero to Participate in the 2024 RBC Capital Markets Global Financial Institutions Conference
02/15/24 The five-year underlying earnings growth at Independent Bank (NASDAQ:INDB) is promising, but the shareholders are still in the red over that time
02/05/24 Independent Bank Corp. CEO Jeffrey Tengel, President Gerard Nadeau and CFO Mark J. Ruggiero to Participate in the 2024 KBW Winter Financial Services Conference
01/23/24 Independent Bank Corp. (NASDAQ:INDB) Q4 2023 Earnings Call Transcript
01/18/24 Independent Bank Corp. (INDB) Surpasses Q4 Earnings and Revenue Estimates
01/18/24 Independent Bank Corp. Reports Fourth Quarter Net Income of $54.8 Million
01/08/24 Independent Bank Corp.’s Announcement of Date of Fourth Quarter Conference Call
01/05/24 Independent Bank Corp.'s (NASDAQ:INDB) latest 3.7% decline adds to one-year losses, institutional investors may consider drastic measures
12/21/23 Independent Bank Corp's Dividend Analysis
12/14/23 Independent Bank Corp. Announces Quarterly Dividend
11/29/23 Zebra Technologies' (ZBRA) Solution Chosen by Rockland Trust
11/06/23 Independent Bank Corp. CEO Jeffrey Tengel and CFO Mark J. Ruggiero to Participate in the 2023 Piper Sandler East Coast Financial Services Conference
11/01/23 Insider Buying: CEO Jeffrey Tengel Acquires 2,100 Shares of Independent Bank Corp
10/23/23 Independent Bank Corp. (NASDAQ:INDB) Q3 2023 Earnings Call Transcript
10/22/23 Independent Bank Corp (INDB) Announces Q3 2023 Earnings, Reports Net Income of $60.8 Million
INDB Chatroom

User Image DonCorleone77 Posted - 1 day ago

$INDB Independent Bank reports Q1 EPS $1.12, consensus $1.15 "Our first quarter results reflect our steady commitment to focusing on our core fundamentals - disciplined growth, core funding prioritization, strong credit monitoring, and expense management. We remain confident that we are well-positioned to create long term value for our shareholders while successfully navigating through this challenging macro environment", said Jeffrey Tengel, the Chief Executive Officer of Independent Bank Corp. and Rockland Trust Company.

User Image epsguid Posted - 1 day ago

$INDB reported earnings of $1.12, consensus was $1.15 via @eWhispers #epsmiss http://eps.sh/d/indb

User Image Stock_Titan Posted - 1 day ago

$INDB Independent Bank Corp. Reports First Quarter Net Income of $47.8 Million https://www.stocktitan.net/news/INDB/independent-bank-corp-reports-first-quarter-net-income-of-47-8-kgbg8t5m1llu.html

User Image Stu52 Posted - 1 week ago

$CADL $INDB $PASG $RANI Add..$INDP and WTF ..add $TRCX…

User Image Stu52 Posted - 1 week ago

$CADL $INDB $PASG $RANI Ya, didn’t like being bagged. Been around a while. Signs were so evident , lol…he blocked me , lol, lol ,lol , to keep his little game going, ya know penny stocks , lol , low floats and inside info ! BEWARE….@Stocks4thought

User Image Stu52 Posted - 1 week ago

$RANI $CADL $PASG $INDB Poster is quite the pumper , pay attention ..lurks near the end of a run. Inside tips from inside sources !!! Only YOU ARE LAST TO KNOW !!!

User Image Stock_Titan Posted - 1 week ago

$INDB Independent Bank Corp.’s Announcement of Date of First Quarter Conference Call https://www.stocktitan.net/news/INDB/independent-bank-corp-s-announcement-of-date-of-first-quarter-2znedzmb1qh8.html

User Image DividendPower Posted - 03/29/24

Recent Dividend Increases - Updated 03/29/24 https://dividendpower.org/dividend-increases/ $INDB $NECB

User Image raythoven Posted - 03/24/24

$INDB $LILA Big move coming!! https://youtu.be/2ScrmnZ0kAk

User Image DonCorleone77 Posted - 03/21/24

$INDB Independent Bank raises quarterly dividend 4% to 57c per share The dividend will be payable on April 5, 2024, to stockholders of record as of the close of business on April 1, 2024.

User Image BigBreakingWire Posted - 1 month ago

$AX $INDB $MBIN $SFBS $DCOM

User Image BigBreakingWire Posted - 1 month ago

$AX $INDB $MBIN $SFBS $DCOM

User Image BigBreakingWire Posted - 1 month ago

Barrons and Bloomberg highlight 10 banks that face exposure in the event of a Commercial Real Estate Market downturn. Check if your bank is in list or not!!! $AX, $INDB, $MBIN, $SFBS, $DCOM

User Image Stock_Titan Posted - 02/29/24

$INDB Independent Bank Corp. CEO Jeffrey Tengel and CFO Mark J. Ruggiero to Participate in the 2024 RBC Capital Markets Global Financial Institutions Conference https://www.stocktitan.net/news/INDB/independent-bank-corp-ceo-jeffrey-tengel-and-cfo-mark-j-ruggiero-to-y01h58oa0jf5.html

User Image TickerDD_com Posted - 2 months ago

From 1/29/2024, looking back across 22 Month-Ends for INDB, Percentage Change of Average Monthly Price had More Negatives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $INDB #INDB #INDBStock #TickerDD #INDBPrice https://www.youtube.com/watch?v=2wYove_NcDA

User Image Stock_Titan Posted - 2 months ago

$INDB Independent Bank Corp. CEO Jeffrey Tengel, President Gerard Nadeau and CFO Mark J. Ruggiero to Participate in the 2024 KBW Winter Financial Services Conference https://www.stocktitan.net/news/INDB/independent-bank-corp-ceo-jeffrey-tengel-president-gerard-nadeau-and-xqbkmsd2r5vf.html

User Image cctranscripts Posted - 01/24/24

Statement of acquisition of beneficial ownership by individuals https://www.conferencecalltranscripts.org/summary/?id=12890380 $INDB

User Image cctranscripts Posted - 01/23/24

BlackRock, Inc. just provided an update on share ownership of Independent Bank Corp. https://www.conferencecalltranscripts.org/summary/?id=12886944 $INDB

User Image STCKPRO Posted - 01/21/24

$INDB NEW ARTICLE : Independent Bank: High LTD Ratio Limits Growth Prospects https://stck.pro/news/INDB/73347361/

User Image tickeron Posted - 3 months ago

Wow this is a big change! $INDB price exceeded its 50-day Moving Average. View odds of downtrend. https://srnk.us/go/4973883

User Image STCKPRO Posted - 3 months ago

$INDB NEW ARTICLE : Independent Bank Corp. (INDB) Q4 2023 Earnings Call Transcript https://stck.pro/news/INDB/73202416/

User Image cctranscripts Posted - 3 months ago

Nice justifications advanced in relation to $INDB earnings call transcript https://conferencecalltranscripts.com/summary/?id=536574&pr=true

User Image STCKPRO Posted - 3 months ago

$INDB NEW ARTICLE : Independent Bank GAAP EPS of $1.26 beats by $0.02, revenue of $177.16M misses by $0.18M https://stck.pro/news/INDB/73099359/

User Image STCKPRO Posted - 3 months ago

$INDB NEW ARTICLE : Independent Bank Corp. Reports Fourth Quarter Net Income of $54.8 Million https://stck.pro/news/INDB/73096665/

User Image Last10K Posted - 3 months ago

$INDB just filed with the SEC a Earnings Release, a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/INDB/0000776901-24-000003.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=INDB

User Image epsguid Posted - 3 months ago

$INDB reported earnings of $1.26, consensus was $1.25 via @eWhispers #epsbeat http://eps.sh/d/indb

User Image cctranscripts Posted - 3 months ago

Independent Bank Corp. Reports Fourth Quarter Net Income Of $54.8 Million https://www.conferencecalltranscripts.org/summary/?id=12876985 $INDB

User Image DonCorleone77 Posted - 3 months ago

$INDB Independent Bank reports Q4 EPS $1.26, consensus $1.24 "The dedication of my colleagues and their unrelenting focus on each relationship, day in and day out, paved the way for the solid financial results we achieved throughout this past year," said Jeffrey Tengel, the Chief Executive Officer of Independent Bank Corp. and Rockland Trust Company. "I am confident that our core fundamentals position us well for continued success heading into 2024 and beyond."

User Image risenhoover Posted - 3 months ago

$INDB / Independent Bank files form 8-K - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15 (d) of The Securities and Exchange Act of 1934 DATE OF REPORT: January 18, 2024 (Date of Earliest Event Reported) (State or O https://fintel.io/doc/sec-independent-bank-corp-776901-8k-2024-january-18-19740-7070?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=filing

User Image tickeron Posted - 3 months ago

Independent Bank Corp to report earnings on January 18, 2024. Earnings per share (EPS) estimate: $1.25 $INDB https://srnk.us/go/4971414

Analyst Ratings
Keefe, Bruyette & Woods Market Perform Jan 22, 24
Seaport Global Neutral Oct 23, 23
Seaport Global Sell Sep 12, 23
Keefe, Bruyette & Woods Market Perform Apr 25, 23
Keefe, Bruyette & Woods Market Perform Apr 6, 23
Raymond James Market Perform Dec 21, 22
Keefe, Bruyette & Woods Market Perform Dec 13, 22
Piper Sandler Neutral Oct 25, 21
Seaport Global Buy Apr 26, 21
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Tengel Jeffrey J Chief Executive Offi.. Chief Executive Officer Oct 30 Buy 48.5848 2,100 102,028 24,048 10/31/23
Jensen Barry H Chief Technology & O.. Chief Technology & Ops Officer May 02 Buy 50.66 1,000 50,660 25,049 05/02/23
ODDLEIFSON CHRISTOPHER CEO CEO Jan 30 Sell 77.8 1,200 93,360 01/31/23
SEKSAY EDWARD H General Counsel General Counsel Aug 16 Sell 88.2629 700 61,784 7,336 08/17/22
ODDLEIFSON CHRISTOPHER CEO CEO Jun 09 Sell 80.86 3,000 242,580 99,917 06/13/22
ODDLEIFSON CHRISTOPHER CEO CEO Feb 24 Sell 80.5 1,050 84,525 02/24/22
ODDLEIFSON CHRISTOPHER CEO CEO Feb 03 Sell 77 1,065 82,005 02/03/21
Nadeau Gerard F President President Feb 01 Option 27.43 6,500 178,295 25,761 02/01/21