Independent Bank Corp Company Profile (NASDAQ:INDB)

About Independent Bank Corp

Independent Bank Corp logoIndependent 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
Key Metrics:
  • 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
Profitability:
  • Net Margins: 23.29%
  • Return on Equity: 9.83%
  • Return on Assets: 1.08%
Debt:
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Additional Links:
Companies Related to Independent Bank Corp:

Analyst Ratings

Consensus Ratings for Independent Bank Corp (NASDAQ:INDB) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating
Consensus Rating:Sell (Score: 1.33)
Consensus Price Target: $50.00 (23.14% downside)

Analysts' Ratings History for Independent Bank Corp (NASDAQ:INDB)
Show:
DateFirmActionRatingPrice TargetDetails
9/20/2016Compass PointDowngradeNeutral -> Sell$48.00 -> $49.00View Rating Details
8/31/2016Sandler O'NeillDowngradeHold -> Sell$50.00 -> $51.00View Rating Details
3/11/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details
1/27/2016SunTrust Banks, Inc.Lower Price TargetNeutral$48.00 -> $46.00View Rating Details
7/21/2015MacquarieReiterated RatingNeutral$44.00 -> $45.00View Rating Details
6/24/2015Robert W. BairdDowngradeNeutral -> Underperform$38.00 -> $40.00View Rating Details
6/10/2015Drexel HamiltonDowngradeBuy -> HoldView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Independent Bank Corp (NASDAQ:INDB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
1/19/2017Q416$0.79$0.76$80.15 millionViewN/AView Earnings Details
10/20/2016Q316$0.76$0.78$78.25 millionViewN/AView Earnings Details
7/21/2016Q216$0.74$0.77$75.45 millionViewN/AView Earnings Details
4/21/2016Q116$0.70$0.72$73.90 millionViewN/AView Earnings Details
1/21/2016Q415$0.71$0.74$73.92 millionViewListenView Earnings Details
10/15/2015Q315$0.70$0.71$73.56 millionViewListenView Earnings Details
7/16/2015Q215$0.65$0.68$72.13 millionViewListenView Earnings Details
4/16/2015Q115$0.62$0.63$66.41 millionViewN/AView Earnings Details
1/22/2015Q414$0.67$0.68$67.80 millionViewN/AView Earnings Details
10/16/2014Q3$0.65$0.67ViewN/AView Earnings Details
7/17/2014Q313$0.63$0.63$65.76 millionViewN/AView Earnings Details
4/17/2014$0.56$0.51ViewN/AView Earnings Details
1/23/2014Q4 13$0.62$0.61ViewN/AView Earnings Details
10/17/2013Q3 13$0.60$0.63ViewN/AView Earnings Details
7/11/2013Q2 2013$0.59$0.58$62.12 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.57$0.53$59.30 millionViewN/AView Earnings Details
10/18/2012$0.56$0.53ViewN/AView Earnings Details
7/19/2012$0.52$0.41ViewN/AView Earnings Details
4/12/2012$0.51$0.56ViewN/AView Earnings Details
1/19/2012$0.53$0.54ViewN/AView Earnings Details
10/20/2011$0.56$0.56ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independent Bank Corp (NASDAQ:INDB)
Current Year EPS Consensus Estimate: $3.34 EPS
Next Year EPS Consensus Estimate: $3.86 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.69$0.69$0.69
Q2 20161$0.73$0.73$0.73
Q3 20161$0.75$0.75$0.75
Q4 20161$0.74$0.74$0.74
Q1 20171$0.73$0.73$0.73
Q2 20171$0.79$0.79$0.79
Q3 20171$0.81$0.81$0.81
Q4 20171$0.82$0.82$0.82
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Independent Bank Corp (NASDAQ:INDB)
Annual Dividend:$1.16
Dividend Yield:1.78%
Payout Ratio:40.00% (Based on Trailing 12 Months of Earnings)
34.73% (Based on Current Year Consensus EPS Estimate)
30.05% (Based on Next Year Consensus EPS Estimate)

Dividend History for Independent Bank Corp (NASDAQ:INDB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/9/2016quarterly$0.291.66%12/21/201612/26/20161/6/2017
9/16/2016quarterly$0.292.21%9/23/20169/26/201610/7/2016
6/16/2016quarterly$0.292.59%6/23/20166/27/20167/8/2016
3/17/2016quarterly$0.292.43%3/23/20163/28/20164/8/2016
12/11/2015quarterly$0.262.26%12/23/201512/28/20151/8/2016
9/17/2015quarterly$0.262.33%9/24/20159/28/201510/9/2015
6/18/2015quarterly$0.262.16%6/25/20156/29/20157/10/2015
3/19/2015quarterly$0.262.32%3/26/20153/30/20154/10/2015
12/11/2014quarterly$0.242.37%12/24/201412/29/20141/9/2015
9/18/2014quarterly$0.242.6%9/25/20149/29/201410/10/2014
6/19/2014quarterly$0.242.52%6/26/20146/30/20147/11/2014
3/20/2014quarterly$0.242.38%3/27/20143/31/20144/11/2014
12/12/2013quarterly$0.222.43%12/26/201312/30/20131/10/2014
9/19/2013quarterly$0.222.45%9/26/20139/30/201310/11/2013
6/20/2013quarterly$0.222.62%6/27/20137/1/20137/12/2013
3/21/2013quarterly$0.222.73%3/27/20134/1/20134/12/2013
12/12/2012quarterly$0.212.9%12/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Independent Bank Corp (NASDAQ:INDB)
Insider Ownership Percentage: 3.02%
Institutional Ownership Percentage: 77.67%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/1/2017Christopher OddleifsonInsiderSell1,275$62.10$79,177.50View SEC Filing  
1/26/2017Christopher OddleifsonInsiderSell2,000$63.73$127,460.00View SEC Filing  
1/25/2017Edward H SeksayGeneral CounselSell2,000$63.20$126,400.00View SEC Filing  
12/9/2016Carl RibeiroDirectorSell746$69.55$51,884.30View SEC Filing  
12/2/2016Thomas R VenablesDirectorSell3,300$64.59$213,147.00View SEC Filing  
11/30/2016Daniel F ObrienDirectorSell2,300$65.44$150,512.00View SEC Filing  
11/21/2016Barry H. JensenInsiderSell3,000$64.51$193,530.00View SEC Filing  
10/28/2016Maurice H Sullivan JrDirectorSell2,442$54.96$134,212.32View SEC Filing  
10/27/2016Christopher OddleifsonInsiderSell1,800$55.12$99,216.00View SEC Filing  
10/26/2016Thomas R VenablesDirectorSell3,600$55.80$200,880.00View SEC Filing  
10/25/2016Eileen C. MiskellDirectorSell1,000$55.85$55,850.00View SEC Filing  
8/31/2016Robert D. CozzoneCFOSell1,250$53.11$66,387.50View SEC Filing  
8/17/2016Gerard F. NadeauInsiderSell2,600$51.93$135,018.00View SEC Filing  
7/27/2016Maurice H Sullivan JrDirectorSell5,000$50.78$253,900.00View SEC Filing  
7/26/2016Mark J RuggieroInsiderSell272$50.20$13,654.40View SEC Filing  
7/26/2016Maurice H Sullivan JrDirectorSell2,475$50.15$124,121.25View SEC Filing  
6/1/2016Carl RibeiroDirectorSell700$48.93$34,251.00View SEC Filing  
5/16/2016Carl RibeiroDirectorSell700$46.13$32,291.00View SEC Filing  
5/16/2016Gerard F NadeauEVPSell4,520$46.35$209,502.00View SEC Filing  
5/11/2016Maurice H Sullivan JrDirectorSell2,475$46.80$115,830.00View SEC Filing  
5/10/2016Jane LundquistEVPSell3,000$46.79$140,370.00View SEC Filing  
4/29/2016Christopher OddleifsonCEOSell1,725$46.79$80,712.75View SEC Filing  
4/27/2016Maurice H Sullivan JrDirectorSell3,000$47.35$142,050.00View SEC Filing  
11/18/2015Jane LundquistEVPSell1,910$49.91$95,328.10View SEC Filing  
11/3/2015Christopher OddleifsonCEOSell3,893$47.22$183,827.46View SEC Filing  
11/3/2015Gerard F NadeauEVPSell3,460$46.99$162,585.40View SEC Filing  
10/29/2015Carl RibeiroDirectorSell1,000$47.99$47,990.00View SEC Filing  
10/27/2015Maurice H Sullivan JrDirectorSell2,475$46.56$115,236.00View SEC Filing  
8/19/2015Maurice H Sullivan JrDirectorSell2,475$47.65$117,933.75View SEC Filing  
7/22/2015Barry H JensenInsiderSell12,500$49.50$618,750.00View SEC Filing  
7/22/2015Raymond G FuerschbachSVPSell8,500$49.79$423,215.00View SEC Filing  
7/21/2015Edward H SeksayGeneral CounselSell2,500$49.36$123,400.00View SEC Filing  
5/6/2015Gerard F NadeauEVPSell8,708$41.85$364,429.80View SEC Filing  
5/5/2015Jane LundquistEVPSell1,300$41.54$54,002.00View SEC Filing  
4/28/2015Jane LundquistEVPSell1,500$41.84$62,760.00View SEC Filing  
4/22/2015Edward H SeksayGeneral CounselSell3,500$41.49$145,215.00View SEC Filing  
2/23/2015Raymond G FuerschbachSVPSell2,366$41.43$98,023.38View SEC Filing  
2/19/2015Robert D CozzoneCFOSell1,250$41.84$52,300.00View SEC Filing  
2/3/2015Christopher OddleifsonCEOSell2,025$39.73$80,453.25View SEC Filing  
11/3/2014Christopher OddleifsonCEOSell5,360$39.86$213,649.60View SEC Filing  
10/23/2014Robert D CozzoneCFOSell5,000$38.23$191,150.00View SEC Filing  
10/22/2014Jane LundquistEVPSell4,000$38.24$152,960.00View SEC Filing  
8/13/2014Gerard F NadeauEVPSell6,060$35.83$217,129.80View SEC Filing  
5/12/2014Edward SeksayGeneral CounselSell2,100$37.15$78,015.00View SEC Filing  
5/1/2014Jane LundquistEVPSell1,500$36.50$54,750.00View SEC Filing  
1/30/2014Christopher OddleifsonCEOSell2,100$36.90$77,490.00View SEC Filing  
11/13/2013Jane LundquistEVPSell1,164$35.51$41,333.64View SEC Filing  
10/24/2013Christopher OddleifsonCEOSell2,250$37.05$83,362.50View SEC Filing  
8/1/2013Barry H JensenInsiderSell7,422$37.52$278,473.44View SEC Filing  
8/1/2013Raymond G FuerschbachSVPSell2,959$37.42$110,725.78View SEC Filing  
7/25/2013Edward F JankowskiCTOSell8,500$37.36$317,560.00View SEC Filing  
7/24/2013Raymond G FuerschbachSVPSell7,387$37.65$278,120.55View SEC Filing  
7/19/2013Gerard F NadeauEVPSell2,600$37.40$97,240.00View SEC Filing  
7/17/2013Edward H SeksayGeneral CounselSell7,875$36.54$287,752.50View SEC Filing  
7/17/2013Kevin J JonesDirectorBuy1,064$36.63$38,974.32View SEC Filing  
6/4/2013Edward F JankowskiCTOSell5,650$33.44$188,936.00View SEC Filing  
5/28/2013Jane LundquistEVPSell3,000$33.20$99,600.00View SEC Filing  
5/23/2013Edward F JankowskiCTOSell4,235$32.53$137,764.55View SEC Filing  
5/22/2013Benjamin A Gilmore IIDirectorSell1,000$33.22$33,220.00View SEC Filing  
5/22/2013Gerard F NadeauEVPSell5,100$33.21$169,371.00View SEC Filing  
5/21/2013Thomas R VenablesDirectorSell21,500$33.12$712,080.00View SEC Filing  
5/20/2013Eileen C MiskellDirectorSell1,130$33.17$37,482.10View SEC Filing  
1/29/2013Kevin J JonesDirectorBuy1,127$30.96$34,891.92View SEC Filing  
11/26/2012John H Spurr JrDirectorSell89,213$28.10$2,506,885.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Independent Bank Corp (NASDAQ:INDB)
DateHeadline
4-traders.com logoIndependent Bank MI : Opens Retail Lending Office in Brighton (NASDAQ:INDB)
www.4-traders.com - February 17 at 5:30 PM
bizjournals.com logoPeoples Independent Bank to acquire Horizon (NASDAQ:INDB)
www.bizjournals.com - February 16 at 4:46 PM
capitalcube.com logoIndependent Bank Corp. (Massachusetts) : INDB-US: Dividend Analysis : December 26th, 2016 (record date) : By the numbers : February 7, 2017 (NASDAQ:INDB)
www.capitalcube.com - February 7 at 7:12 PM
streetinsider.com logoForm 4 INDEPENDENT BANK CORP For: Feb 03 Filed by: TWAROZYNSKI JAMES J (NASDAQ:INDB)
www.streetinsider.com - February 6 at 5:58 PM
News IconSenior Vice President of Independent Bank Corporation (NASDAQ:IBCP), Twarozynski James J, sells 1,000 shares worth $21,405 (NASDAQ:INDB)
empowerednews.net - February 6 at 5:58 PM
finance.yahoo.com logoIndependent Bank Corp. CEO Christopher Oddleifson, CFO Robert Cozzone and EVP Commercial Lending Gerard Nadeau to Present at the 2017 KBW Winter Financial Services Symposium (NASDAQ:INDB)
finance.yahoo.com - February 6 at 5:58 PM
forbes.com logoEx-Dividend Reminder: Citigroup, WestAmerica Bancorporation and Independent Bank Group (NASDAQ:INDB)
www.forbes.com - January 31 at 1:00 PM
seekingalpha.com logoIndependent Bank declares $0.10 dividend (NASDAQ:INDB)
seekingalpha.com - January 27 at 11:50 AM
reuters.com logoBRIEF-Independent Bank Corp Q4 earnings per share $0.27 (NASDAQ:INDB)
in.reuters.com - January 26 at 7:34 PM
seekingalpha.com logoIndependent Bank Corporation 2016 Q4 - Results - Earnings Call Slides (NASDAQ:INDB)
seekingalpha.com - January 26 at 7:34 PM
capitalcube.com logoETFs with exposure to Independent Bank Corp. (Massachusetts) : January 24, 2017 (NASDAQ:INDB)
www.capitalcube.com - January 24 at 6:41 PM
4-traders.com logoIndependent Bank Corporation(MI) : annual earnings release (NASDAQ:INDB)
www.4-traders.com - January 24 at 4:16 AM
nasdaq.com logoIndependent Bank Becomes Oversold (NASDAQ:INDB)
www.nasdaq.com - January 24 at 4:16 AM
capitalcube.com logoIndependent Bank Corp. (Massachusetts) :INDB-US: Earnings Analysis: Q4, 2016 By the Numbers : January 23, 2017 (NASDAQ:INDB)
www.capitalcube.com - January 23 at 6:12 PM
nasdaq.com logoIndependent Bank (INDB) Passes Through 2% Yield Mark (NASDAQ:INDB)
www.nasdaq.com - January 21 at 5:43 PM
seekingalpha.com logoIndependent Bank's (INDB) CEO Christopher Oddleifson on Q4 2016 Results - Earnings Call Transcript (NASDAQ:INDB)
seekingalpha.com - January 21 at 5:43 PM
News IconIndependent Bank acquires Northstar (NASDAQ:INDB)
www.journal-advocate.com - January 21 at 5:43 PM
finance.yahoo.com logoEdited Transcript of INDB earnings conference call or presentation 20-Jan-17 3:00pm GMT (NASDAQ:INDB)
finance.yahoo.com - January 21 at 2:07 AM
biz.yahoo.com logoQ4 2016 Independent Bank Corp Earnings Release - After Market Close (NASDAQ:INDB)
us.rd.yahoo.com - January 20 at 12:43 AM
capitalcube.com logoIndependent Bank Corp. (Massachusetts) breached its 50 day moving average in a Bullish Manner : INDB-US : January 19, 2017 (NASDAQ:INDB)
us.rd.yahoo.com - January 20 at 12:43 AM
us.rd.yahoo.com logoIndependent Bank Corp. Reports Fourth Quarter Net Income of $17.2 Million (NASDAQ:INDB)
us.rd.yahoo.com - January 20 at 12:43 AM
biz.yahoo.com logoINDEPENDENT BANK CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Fi (NASDAQ:INDB)
us.rd.yahoo.com - January 20 at 12:43 AM
News IconWhat is Behind Independent Bank Corp’s (INDB) Superior ROE? (NASDAQ:INDB)
simplywall.st - January 19 at 7:42 PM
reuters.com logoBRIEF-Independent Bank Corp reports Q4 earnings per share $0.64 (NASDAQ:INDB)
in.reuters.com - January 19 at 7:42 PM
finance.yahoo.com logoIndependent Bank Corp.’s Fourth Quarter Earnings Press Release and Conference Call Announcement (NASDAQ:INDB)
finance.yahoo.com - January 9 at 6:38 PM
News IconNorthstar Bank parent agrees to purchase by Independent Bank Group (NASDAQ:INDB)
www.denverpost.com - January 5 at 7:13 PM
streetinsider.com logoForm 4 INDEPENDENT BANK CORP For: Nov 15 Filed by: MISSAD MATTHEW J (NASDAQ:INDB)
www.streetinsider.com - January 4 at 6:48 PM
thestreet.com logo10 New Names Help Compose My 2017 Portfolio of Small-Cap Dividend Growers (NASDAQ:INDB)
realmoney.thestreet.com - January 4 at 6:48 PM
publicnow.com logoINDUSTRIALBANK expanded a list of currencies for settlement transactions under foreign contracts to 16 currencies (NASDAQ:INDB)
www.publicnow.com - December 28 at 10:51 AM
publicnow.com logo“Credit-Rating” agency affirmed INDUSTRIALBANKI’s long-term rating as uaA- (NASDAQ:INDB)
www.publicnow.com - December 28 at 10:51 AM
News IconIndependent Bank adds Christina Keller to board (NASDAQ:INDB)
www.poandpo.com - December 21 at 9:13 AM
4-traders.com logoINDEPENDENT BANK CORP : ex-dividend day (NASDAQ:INDB)
www.4-traders.com - December 21 at 12:03 AM
News IconHere’s What Smart Money Thinks About Independent Bank Group Inc (IBTX) (NASDAQ:INDB)
feedproxy.google.com - December 20 at 1:31 PM
streetinsider.com logoForm 8-K INDEPENDENT BANK CORP For: Dec 16 (NASDAQ:INDB)
www.streetinsider.com - December 20 at 11:23 AM
forbes.com logoEx-Dividend Reminder: DCT Industrial Trust, Independent Bank and ProAssurance (NASDAQ:INDB)
www.forbes.com - December 19 at 11:35 AM
feeds.reuters.com logoBRIEF-Independent Bank Group files for resale of 400,000 shares by selling shareholders (NASDAQ:INDB)
feeds.reuters.com - December 16 at 3:12 PM
News IconNorthstar Bank parent company in talks to sell (NASDAQ:INDB)
www.csbj.com - December 13 at 11:25 PM
News IconIndependent Bank Corp Valuation – Initial Coverage $INDB (NASDAQ:INDB)
www.moderngraham.com - December 11 at 10:25 AM
biz.yahoo.com logoINDEPENDENT BANK CORP Files SEC form 8-K, Other Events (NASDAQ:INDB)
biz.yahoo.com - December 8 at 6:32 PM
finance.yahoo.com logoRockland Trust Earns Top Marks in 2017 Corporate Equality Index (NASDAQ:INDB)
finance.yahoo.com - December 6 at 3:42 PM
News IconDirector of Independent Bank Corp (NASDAQ:INDB), Venables Thomas R, sells 3,300 shares worth $213,158 (NASDAQ:INDB)
empowerednews.net - December 6 at 5:47 AM
News IconInsider Move From SEC: Thomas Venables, Independent Bank Corp (NASDAQ:INDB)’s insider Unloaded 3,300 Shares (NASDAQ:INDB)
www.whatsonthorold.com - December 6 at 5:47 AM
News IconInsider Filing Worth Mentioning: The Insider, Daniel Obrien Unloaded 2,300 Shares of Independent Bank Corp (NASDAQ:INDB) (NASDAQ:INDB)
www.whatsonthorold.com - December 2 at 5:43 PM
capitalcube.com logoETFs with exposure to Independent Bank Corp. (Massachusetts) : December 2, 2016 (NASDAQ:INDB)
www.capitalcube.com - December 2 at 5:43 PM
News IconInsider Trade: Barry Jensen Unloaded 3,000 Shares of Independent Bank Corp (NASDAQ:INDB) (NASDAQ:INDB)
www.whatsonthorold.com - November 23 at 5:40 PM
News IconInsider Trade: Barry Jensen Unloaded 3,000 Shares of Independent Bank Corp (NASDAQ:INDB) (NASDAQ:INDB)
www.whatsonthorold.com - November 23 at 5:40 PM
News IconChief Information Officer of Independent Bank Corp (NASDAQ:INDB), Jensen Barry H, sells 3,000 shares worth $193,526 (NASDAQ:INDB)
empowerednews.net - November 22 at 5:39 PM
feeds.reuters.com logoBRIEF-Independent Bank Group to acquire Carlile Bancshares (NASDAQ:INDB)
feeds.reuters.com - November 21 at 7:33 PM
News IconPeoples Independent Bank to merge with Horizon Bank of Fyffe (NASDAQ:INDB)
www.gadsdentimes.com - November 21 at 10:44 AM
stocksdaily.net logoIndependent Bank Corp. (NASDAQ:INDB) EPS Target Set At $0.74 (NASDAQ:INDB)
www.stocksdaily.net - November 20 at 5:26 PM

Social

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.

Independent Bank Corp (NASDAQ:INDB) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Independent Bank Corp (NASDAQ:INDB)

Earnings History Chart

Earnings by Quarter for Independent Bank Corp (NASDAQ:INDB)

Dividend History Chart

Dividend Payments by Quarter for Independent Bank Corp (NASDAQ:INDB)

Last Updated on 2/25/2017 by MarketBeat.com Staff