52.73
price up icon0.73%   +0.38
after-market  After Hours:  52.73 
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Independent Bank Corp. stock is currently priced at $52.73, with a 24-hour trading volume of 255.94K. It has seen a +0.73% increased in the last 24 hours and a +3.96% rose in the past month. The chart indicates a potential bullish trend, as the stock is above the $51.96 pivot point. If it approaches the $52.93 resistance level, significant changes may occur.
Previous Close:
$52.35
Open:
$52.15
24h Volume:
255.94K
Market Cap:
$2.24B
Revenue:
$722.13M
Net Income/Loss:
$239.50M
P/E Ratio:
9.0137
EPS:
5.85
Net Cash Flow:
$261.15M
1W Performance:
+4.29%
1M Performance:
+3.96%
6M Performance:
+8.50%
1Y Performance:
-5.50%
1D Range:
Value
$52.15
$53.15
52W Range:
Value
$43.28
$68.75

Independent Bank Corp. Stock (INDB) Company Profile

Name
Name
Independent Bank Corp.
Name
Phone
781-878-6100
Name
Address
288 Union Street, Rockland, MA
Name
Employee
1,108
Name
Twitter
@RocklandTrust
Name
Next Earnings Date
2024-05-16
Name
Latest SEC Filings
Name
INDB's Discussions on Twitter

Independent Bank Corp. Stock (INDB) Upgrades & Downgrades

Date Action Analyst Rating Change
Oct-23-23 Upgrade Seaport Research Partners Sell → Neutral
Sep-12-23 Initiated Seaport Research Partners Sell
Dec-21-22 Initiated Raymond James Mkt Perform
Dec-13-22 Downgrade Keefe Bruyette Outperform → Mkt Perform
Oct-25-21 Downgrade Piper Sandler Overweight → Neutral
Apr-26-21 Upgrade Seaport Global Securities Neutral → Buy
Apr-23-21 Upgrade Piper Sandler Neutral → Overweight
Dec-17-20 Initiated Seaport Global Securities Neutral
Oct-26-20 Upgrade Compass Point Neutral → Buy
Jun-24-20 Downgrade Piper Sandler Overweight → Neutral
Jun-08-20 Downgrade DA Davidson Buy → Neutral
Mar-16-20 Upgrade DA Davidson Neutral → Buy
Mar-04-20 Downgrade Compass Point Buy → Neutral
Dec-09-19 Initiated Gabelli & Co Hold
Jul-19-19 Upgrade Compass Point Neutral → Buy
Jul-12-19 Initiated DA Davidson Neutral
Apr-03-19 Upgrade Sandler O'Neill Hold → Buy
Jul-23-18 Upgrade Keefe Bruyette Mkt Perform → Outperform
Dec-18-17 Upgrade Compass Point Neutral → Buy
Oct-11-17 Downgrade Compass Point Buy → Neutral
Jul-21-17 Upgrade Compass Point Neutral → Buy
May-15-17 Initiated Piper Jaffray Neutral
Aug-31-16 Downgrade Sandler O'Neill Hold → Sell
Apr-22-16 Downgrade Compass Point Buy → Neutral
Jan-22-16 Upgrade Compass Point Neutral → Buy
Oct-16-15 Reiterated Compass Point Neutral
Jun-24-15 Downgrade Robert W. Baird Neutral → Underperform
View All

Independent Bank Corp. Stock (INDB) Financials Data

Independent Bank Corp. (INDB) Revenue 2024

INDB reported a revenue (TTM) of $722.13 million for the quarter ending December 31, 2023, a +0.26% rise year-over-year.
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Independent Bank Corp. (INDB) Net Income 2024

INDB net income (TTM) was $239.50 million for the quarter ending December 31, 2023, a -9.22% decrease year-over-year.
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Independent Bank Corp. (INDB) Cash Flow 2024

INDB recorded a free cash flow (TTM) of $261.15 million for the quarter ending December 31, 2023, a -34.57% decrease year-over-year.
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Independent Bank Corp. (INDB) Earnings per Share 2024

INDB earnings per share (TTM) was $5.42 for the quarter ending December 31, 2023, a -4.91% decline year-over-year.
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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. The company's products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. Its loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans. The company's commercial and industrial loans cover loans for working capital, other business-related purposes, and floor plan financing; asset-based loans consist primarily of revolving lines of credit and term loans; commercial real estate loans include commercial mortgages for construction purposes that are secured by nonresidential properties, multifamily properties, or one-to-four family rental properties; and small business loans comprise businesses with commercial credit needs. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as automated teller machine cards and debit cards; and mutual fund shares, unit investment trust shares, general securities, fixed and variable annuities, and life insurance. The company operates through 84 full service and 2 limited service retail branches, 13 commercial banking centers, 6 investment management offices, and 1 mortgage lending center in Eastern Massachusetts; and an investment management group/commercial lending office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.
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Cap:     |  Volume (24h):