As of today (2024-04-19), Independent Bank's share price is $50.56.
Independent Bank's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.27. Hence, Independent Bank's Price-to-Operating-Cash-Flow Ratio for today is 8.06.
The historical rank and industry rank for Independent Bank's Price-to-Operating-Cash-Flow or its related term are showing as below:
INDB'
s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 5.15 Med: 13.36 Max: 50.04
Current: 8.11
During the past 13 years, Independent Bank's highest Price-to-Operating-Cash-Flow Ratio was 50.04. The lowest was 5.15. And the median was 13.36.
Independent Bank's Cash Flow from Operations per share for the
three
months ended in Dec. 2023 was $1.23.
Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.27.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Independent Bank was -31.00% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 47.80% per year.
During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 8.90% per year.
During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 3.90% per year.
During the past 13 years, Independent Bank's highest 3-Year average Operating Cash Flow per Share Growth Rate was 47.80% per year. The lowest was -27.00% per year. And the median was 8.20% per year.
Independent Bank Price-to-Operating-Cash-Flow Historical Data
The historical data trend for Independent Bank's Price-to-Operating-Cash-Flow can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Independent Bank Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Price-to-Operating-Cash-Flow |
|
|
|
|
|
|
12.63 |
37.61 |
14.95 |
9.30 |
10.50 |
|
Independent Bank Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Price-to-Operating-Cash-Flow |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9.30 |
7.58 |
5.15 |
6.49 |
10.50 |
Competitive Comparison
For the Banks - Regional subindustry, Independent Bank's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Bank Price-to-Operating-Cash-Flow Distribution
For the Banks industry and Financial Services sector, Independent Bank's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Independent Bank's Price-to-Operating-Cash-Flow falls into.
Independent Bank Price-to-Operating-Cash-Flow Calculation
Independent Bank's Price-to-Operating-Cash-Flow ratio for today is calculated as
| Price-to-Operating-Cash-Flow Ratio | = | Share Price | / | Cash Flow from Operations per share (TTM) |
| = | 50.56 | / | 6.271 |
| = | 8.06 |
Independent Bank's Share Price of today is $50.56.
Independent Bank's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.27.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: Cash Flow from Operations per share is calculated as Cash Flow from Operations divided by Shares Outstanding (Diluted Average).
It can also be calculated from the numbers for the whole company:
Independent Bank (Independent Bank) Business Description
Traded in Other Exchanges
N/A
Address
2036 Washington Street, Hanover, MA, USA, 02339
Independent Bank is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank's revenue is derived from a wide array of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. Rockland has historically relied heavily on both organic growth and select merger and acquisition activity to drive growth. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, most of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
Executives
| John J Morrissey |
director |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Jeffrey J Tengel |
director, officer: Chief Executive Officer |
1900 EAST NINTH STREET, CLEVELAND OH 44114 |
| Lee C Powlus |
officer: Chief Tech & Operations Off. |
850 MAIN STREET, BRIDGEPORT CT 06604 |
| Patricia M Natale |
officer: General Counsel |
|
| Barry H Jensen |
officer: Chief Information Officer |
INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Mark J Ruggiero |
officer: Principal Accounting Officer |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Scott Smith |
director |
320 NORWOOD PARK SOUTH, NORWOOD MA 02062 |
| Maureen A. Gaffney |
officer: Principal Accounting Officer |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Christopher Oddleifson |
director, officer: President and CEO |
|
| Eileen C Miskell |
director |
C/O INDEPENDENT BANK CORP, 288 UNION STREET, ROCKLAND MA 02370 |
| Edward H Seksay |
officer: General Counsel |
C/O INDEPENDENT BANK CORP, 288 UNION STREET, ROCKLAND MA 02370 |
| Robert D Cozzone |
officer: CFO and Treasurer |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Dawn Mugford |
officer: Chief Risk Officer |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Donna L Abelli |
director |
INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
| Gerard F Nadeau |
officer: Executive Vice President |
C/O INDEPENDENT BANK CORP., 288 UNION STREET, ROCKLAND MA 02370 |
Independent Bank (Independent Bank) Headlines
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