INDB
Financial ServicesIndependent Bank Corp.
$74.60
+$1.41 (+1.93%)
Jan 5, 2026
Price History (1Y)
Analysis
Independent Bank Corp. is a regional bank operating in the financial services sector, with a market capitalization of $3.70 billion and approximately 1,837 employees. The company's revenue over the trailing twelve months (TTM) totals $712.22 million. The company exhibits strong profitability metrics, including an operating margin of 38.3% and a profit margin of 25.2%. Additionally, Independent Bank Corp.'s return on equity (ROE) stands at 5.5%, while its return on assets (ROA) is 0.8%. The balance sheet shows cash reserves of $948.57 million and debt totaling $839.54 million. Independent Bank Corp.'s valuation metrics include a price-to-earnings ratio of 18.02 (TTM) and a forward P/E of 10.27, indicating a potential growth opportunity. Revenue growth over the past year has been significant at 31.8%, although earnings growth has declined by 32.1%. The company offers a dividend yield of 322.0% and a payout ratio of 57.6%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
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. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Visit website →Key Statistics
- Market Cap
- $3.70B
- P/E Ratio
- 18.02
- 52-Week High
- $78.17
- 52-Week Low
- $52.15
- Avg Volume
- 308.93K
- Beta
- 0.81
- Dividend Yield
- 322.00%
Company Info
- Industry
- Banks - Regional
- Exchange
- NMS
- Country
- United States
- Employees
- 1,837