Range
76.4 - 78.62
Vol / Avg.
262.9K/204.9K
Div / Yield
1.92/2.54%
52 Wk
49.25 - 99.85
Mkt Cap
2.6B
Payout Ratio
45.15
Open
76.42
P/E
18.32
EPS
1.26
Shares
33M
Outstanding
33M
Total Float
24.5M
Sector: Financials.Industry: Banks
Independent Bank is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank's revenue is derived from a wide array of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. Rockland has historically relied heavily on both organic growth and select merger and acquisition activity to drive growth. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, most of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.

Earnings

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Q2 2021Est.ActualSurprise
EPS
(EXPECTED)2021-07-22
REV
Q1 2021Est.ActualSurprise
EPS1.0901.260 0.1700
REV121.020M120.830M-190.000K

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Related Companies

TickerCompanyChg %Mkt Cap
INDBIndependent Bank0.59%2.6B

Independent Bank Frequently Asked Questions

Q

How do I buy Independent Bank (INDB) stock?

A

You can purchase shares of Independent Bank (NASDAQ: INDB) through any online brokerage.

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Q

Who are Independent Bank's (INDB) competitors?

Q

What is the target price for Independent Bank (INDB) stock?

A

The latest price target for Independent Bank (NASDAQ: INDB) was reported by Seaport Global on April 26, 2021. The analyst firm set a price target for 94.00 expecting INDB to rise to within 12 months (a possible 21.06% upside). 4 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Independent Bank (INDB)?

A

The stock price for Independent Bank (NASDAQ: INDB) is $77.65 last updated Today at 8:00:04 PM.

Q

Does Independent Bank (INDB) pay a dividend?

A

The next Independent Bank (INDB) dividend date is projected to be 2021-06-25.

Q

When is Independent Bank (NASDAQ:INDB) reporting earnings?

A
Independent Bank’s Q2 earnings are confirmed for after-market on July 22, 2021.
Q

Is Independent Bank (INDB) going to split?

A

There is no upcoming split for Independent Bank.

Q

What sector and industry does Independent Bank (INDB) operate in?

A

Independent Bank is in the Consumer Discretionary sector and Multiline Retail industry. They are listed on the NASDAQ.