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Dominance

Independent Bank INDB Stock

53.08 USD {{ price }} 0.721065% {{change_pct}}%
Exchange
NasdaqGS
Market Cap
2.25B USD
LOW - HIGH [24H]
52.77 - 53.08 USD
VOLUME [24H]
24.97K USD
{{ volume }}
P/E Ratio
10.24
Earnings per share
5.18 USD

Independent Bank Price Chart

Independent Bank INDB Financial and Trading Overview

Independent Bank stock price 53.08 USD
Previous Close 49.1 USD
Open 48.72 USD
Bid 0 USD x 800
Ask 0 USD x 1200
Day's Range 48.72 - 50.05 USD
52 Week Range 43.28 - 91.65 USD
Volume 258.3K USD
Avg. Volume 269.78K USD
Market Cap 2.19B USD
Beta (5Y Monthly) 0.82007
PE Ratio (TTM) 8.369309
EPS (TTM) 5.18 USD
Forward Dividend & Yield 2.2 (4.47%)
Ex-Dividend Date March 24, 2023
1y Target Est 66.5 USD

INDB Valuation Measures

Enterprise Value 2.72B USD
Trailing P/E 8.369309
Forward P/E 9.618217
PEG Ratio (5 yr expected) 3.82
Price/Sales (ttm) 2.9890816
Price/Book (mrq) 0.77340233
Enterprise Value/Revenue 3.71
Enterprise Value/EBITDA N/A

Trading Information

Independent Bank Stock Price History

Beta (5Y Monthly) 0.82007
52-Week Change -37.0097%
S&P500 52-Week Change 20.43%
52 Week High 91.65 USD
52 Week Low 43.28 USD
50-Day Moving Average 52.49 USD
200-Day Moving Average 73.09 USD

INDB Share Statistics

Avg. Volume (3 month) 269.78K USD
Avg. Daily Volume (10-Days) 262.31K USD
Shares Outstanding 44.13M
Float 43.58M
Short Ratio 5.09
% Held by Insiders 1.17%
% Held by Institutions 87.35%
Shares Short 1.31M
Short % of Float 4.20%
Short % of Shares Outstanding 2.97%

Dividends & Splits

Trailing Annual Dividend Rate 2.12
Trailing Annual Dividend Yield 4.31%
5 Year Average Dividend Yield 242.00%
Payout Ratio 0.3575
Last Split Factor 3:2

Financial Highlights

Fiscal Year

Fiscal Year Ends December 31, 2022
Most Recent Quarter (mrq) March 31, 2023
Next Fiscal Year End December 31, 2023

Profitability

Profit Margin 37.12%
Operating Margin (ttm) 51.06%
Gross Margin 0%
EBITDA Margin 0%

Management Effectiveness

Return on Assets (ttm) 1.37%
Return on Equity (ttm) 9.38%

Income Statement

Revenue (ttm) 732.64M USD
Revenue Per Share (ttm) 16 USD
Quarterly Revenue Growth (yoy) 8.59%
Gross Profit (ttm) 718.36M USD
EBITDA N/A
Net Income Avi to Common (ttm) 271.96M USD
Diluted EPS (ttm) 5.93
Quarterly Earnings Growth (yoy) 15.29%

Balance Sheet

Total Cash (mrq) 559.32M USD
Total Cash Per Share (mrq) 12.68 USD
Total Debt (mrq) 1.11B USD
Total Debt/Equity (mrq) N/A
Current Ratio (mrq) N/A
Book Value Per Share (mrq) 64.171

Cash Flow Statement

Operating Cash Flow (ttm) 397.14M USD
Levered Free Cash Flow (ttm) N/A

Profile of Independent Bank

Country United States
State MA
City Rockland
Address 288 Union Street
ZIP 02370
Phone 781 878 6100
Website https://www.rocklandtrust.com
Industry Banks-Regional
Sector(s) Financial Services
Full Time Employees 1739

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. It accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial and industrial, commercial real estate and construction, small business, and consumer real estate. In addition, it 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 well as advisory platforms. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Q&A For Independent Bank Stock

What is a current INDB stock price?

Independent Bank INDB stock price today per share is 53.08 USD.

How to purchase Independent Bank stock?

You can buy INDB shares on the NasdaqGS exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Independent Bank?

The stock symbol or ticker of Independent Bank is INDB.

Which industry does the Independent Bank company belong to?

The Independent Bank industry is Banks-Regional.

How many shares does Independent Bank have in circulation?

The max supply of Independent Bank shares is 42.47M.

What is Independent Bank Price to Earnings Ratio (PE Ratio)?

Independent Bank PE Ratio is 10.24710500 now.

What was Independent Bank earnings per share over the trailing 12 months (TTM)?

Independent Bank EPS is 5.18 USD over the trailing 12 months.

Which sector does the Independent Bank company belong to?

The Independent Bank sector is Financial Services.

Independent Bank INDB included in indexes

Name Name Price Price 24h%
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VOL Volume 24h low 24h high Volume
Name Name Price Price 24h%
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VOL Volume 24h low 24h high Volume
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KBW Nasdaq Regional Banking Ind KRX 103.12 USD
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