About Independent Bank Corp
Independent Bank Corp. is a bank holding company. The Company is the sole stockholder of Rockland Trust Company (Rockland or the Bank). The Bank is a community-oriented commercial bank. The Company operates in community banking business segment. The Company's community banking business provides a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. The Bank operates approximately 80 banking offices and over three limited service branches located within Barnstable, Bristol, Middlesex, Norfolk, Plymouth, Suffolk and Worcester counties in Eastern Massachusetts. The Bank classifies loans as commercial, consumer real estate, or other consumer. Commercial loans consist of commercial and industrial loans, commercial real estate, commercial construction, and small business loans. Asset-based loans consist primarily of revolving lines of credit but also include term loans.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Northeast Banks
- Sub-Industry: Regional Banks
- Exchange: NASDAQ
- Symbol: INDB
- CUSIP: 45383610
- Previous Close: $64.85
- 50 Day Moving Average: $64.32
- 200 Day Moving Average: $59.90
- 52-Week Range: $42.44 - $71.95
- Trailing P/E Ratio: 22.43
- Foreward P/E Ratio: 16.85
- P/E Growth: 2.43
- Market Cap: $1.76B
- Outstanding Shares: 27,005,000
- Beta: 0.96
- Net Margins: 23.29%
- Return on Equity: 9.83%
- Return on Assets: 1.08%
Companies Related to Independent Bank Corp:
- Debt-to-Equity Ratio: 0.18%
- Current Ratio: 0.95%
- Quick Ratio: 0.95%
What is Independent Bank Corp's stock symbol?
Independent Bank Corp trades on the NASDAQ under the ticker symbol "INDB."
How often does Independent Bank Corp pay dividends? What is the dividend yield for Independent Bank Corp?
Independent Bank Corp declared a quarterly dividend on Friday, December 9th. Investors of record on Monday, December 26th will be paid a dividend of $0.29 per share on Friday, January 6th. This represents a $1.16 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Wednesday, December 21st.
Where is Independent Bank Corp's stock going? Where will Independent Bank Corp's stock price be in 2017?
3 brokerages have issued twelve-month price objectives for Independent Bank Corp's shares. Their forecasts range from $49.00 to $51.00. On average, they expect Independent Bank Corp's stock price to reach $50.00 in the next twelve months.
When will Independent Bank Corp announce their earnings?
Independent Bank Corp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.
Who owns Independent Bank Corp stock?
Independent Bank Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Silvercrest Asset Management Group LLC (5.06%), Dimensional Fund Advisors LP (4.62%), State Street Corp (2.70%), Champlain Investment Partners LLC (2.15%), Polaris Capital Management LLC (1.66%) and Russell Investments Group Ltd. (1.35%). Company insiders that own Independent Bank Corp stock include Barry H Jensen, Carl Ribeiro, Christopher Oddleifson, Daniel F Obrien, Edward H Seksay, Eileen C Miskell, Gerard F Nadeau, Jane Lundquist, Mark J Ruggiero, Maurice H Sullivan Jr, Raymond G Fuerschbach, Robert D Cozzone and Thomas R Venables.
Who sold Independent Bank Corp stock? Who is selling Independent Bank Corp stock?
Independent Bank Corp's stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Renaissance Technologies LLC, Champlain Investment Partners LLC, AQR Capital Management LLC, First Republic Investment Management Inc., Allianz Asset Management AG, Teachers Retirement System of The State of Kentucky and State Board of Administration of Florida Retirement System. Company insiders that have sold Independent Bank Corp stock in the last year include Barry H Jensen, Carl Ribeiro, Christopher Oddleifson, Daniel F Obrien, Edward H Seksay, Eileen C Miskell, Gerard F Nadeau, Jane Lundquist, Mark J Ruggiero, Maurice H Sullivan Jr, Robert D Cozzone and Thomas R Venables.
Who bought Independent Bank Corp stock? Who is buying Independent Bank Corp stock?
Independent Bank Corp's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Polaris Capital Management LLC, State Street Corp, Dimensional Fund Advisors LP, Prudential PLC, Guggenheim Capital LLC, Beaumont Financial Partners LLC and Comerica Bank.
How do I buy Independent Bank Corp stock?
Shares of Independent Bank Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Independent Bank Corp stock cost?
One share of Independent Bank Corp stock can currently be purchased for approximately $65.05.