52.73
0.73%
+0.38
After Hours:
52.73
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%
Independent Bank Corp. Stock (INDB) Company Profile
Name
Independent Bank Corp.
Sector
Industry
Phone
781-878-6100
Address
288 Union Street, Rockland, MA
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) Latest News
Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates
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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.
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.
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.
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.
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 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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