Independent Bank Corp. (INDB)

US — Financial Services Sector
Peers: CFFN  BFIN  BFST  FBNC  CWBC  HFWA  HMNF  FFNW  BSRR  FNWD  FCCO  FCAP  NBHC  HONE  RMBI  CATC  BHLB  EBC  WNEB  NECB  FBMS 

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Key Metrics & Ratings

  • symbol INDB
  • Rev/Share 23.088
  • Book/Share 71.2901
  • PB 0.8593
  • Debt/Equity 0.2835
  • CurrentRatio 0.1276
  • ROIC 0.0448

 

  • MktCap 2605899015.0
  • FreeCF/Share 4.092
  • PFCF 14.9665
  • PE 13.811
  • Debt/Assets 0.0432
  • DivYield 0.0375
  • ROE 0.0633

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 3
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade INDB Raymond James Market Perform Strong Buy -- $74 Oct. 21, 2024

News

Is the Options Market Predicting a Spike in Independent Bank (INDB) Stock?
INDB
Published: April 15, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors need to pay close attention to Independent Bank (INDB) stock based on the movements in the options market lately.

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image for news Is the Options Market Predicting a Spike in Independent Bank (INDB) Stock?
21 Upcoming Dividend Increases To Finish Q1
APD, CMCSA, CPT, CSCO, CTRE, CUBE, EQR, ESS, FR, FSV, GL, GNTY, INDB, JPM, MPWR, NTR, NYT, OFG, REXR, RNP, SCHD, STLD, VNQ, WTW
Published: March 26, 2025 by: Seeking Alpha
Sentiment: Positive

The lists were created using the U.S. Dividend Champions spreadsheet and NASDAQ data, ensuring companies have at least five years of dividend growth. My investment strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperformance relevant to certain benchmarks. Top-performing stocks include MPWR, STLD, and JPM. Top REITs include CTR, FR, and REXR for their impressive returns and dividend growth rates.

Read More
image for news 21 Upcoming Dividend Increases To Finish Q1
Independent Bank Corp Rewards Shareholders With 3.5% Dividend Hike
INDB
Published: March 24, 2025 by: Zacks Investment Research
Sentiment: Positive

INDB hikes its dividend 3.5% to 59 cents per share. Given a decent liquidity position, capital distribution seems sustainable.

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image for news Independent Bank Corp Rewards Shareholders With 3.5% Dividend Hike
ENTERPRISE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enterprise Bancorp, Inc. - EBTC
EBTC, INDB
Published: February 25, 2025 by: Business Wire
Sentiment: Neutral

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Enterprise Bancorp, Inc. (NasdaqGS: EBTC) to Independent Bank Corp. (NasdaqGS: INDB). Under the terms of the proposed transaction, shareholders of Enterprise will receive 0.60 shares of Independent and $2.00 in cash for each share of Enterprise that they own. KSF is seeking to determine whether this considerat.

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image for news ENTERPRISE BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enterprise Bancorp, Inc. - EBTC

About Independent Bank Corp. (INDB)

  • IPO Date 1986-05-14
  • Website https://www.rocklandtrust.com
  • Industry Banks - Regional
  • CEO Mr. Jeffrey J. Tengel
  • Employees 1837

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 accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company 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 of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.