INDB's logo.
Ticker Symbol: INDB

Independent Bank Corp.

$87.68 - 20-12-2024 4 p.m. ET

Exchange: NASDAQ Country: US Currency: USD Asset Type: Common Stock CIK:0000776901

Company Profile

Independent Bank Corp. is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe's 'Top Places to Work' 2020 list, an honor earned for the 12th consecutive year. In 2020, Rockland Trust was ranked the #1 Bank in Massachusetts according to Forbes World's Best Banks list. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust's sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. Rockland Trust is deeply committed to the communities it serves, as reflected in the overall 'Outstanding' rating received in its most recent Community Reinvestment Act performance evaluation. Rockland Trust offers a wide range of banking, investment, and insurance services. The Bank serves businesses and individuals through approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and Islands, Worcester County, and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender.

Sector: Finance and Insurance
Industry: Commercial Banking
Standard Industrial Classification Code (SIC code): 6022
Address: 288 Union St
CEO: William B. Kessel
Tags:
  • Finance
  • Regional Banks
  • Finance and Insurance
  • Commercial Banking

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $47.61
Change: -$0.84 ( -1.73%)
Days Range: $47.18 - $48.60
Beta: 0.93
52wk. High: $86.17
52wk. Low: $41.31
Ytd. Change -41.10%
50 Day Moving Average: $49.08
200 Day Moving Average: $50.40
Shares Outstanding: 44135421

Valuation

Market Cap: 210.1B
PE Ratio: 7.88
EPS (TTM): 6.04

Dividends

Dividend Per Share (TTM): $2.13
Dividend Yield (TTM): 4.68%
Ex-Dividend Date: September 29, 2023