Business Description
Independent Bank Corp
NAICS : 522110
SIC : 6022
ISIN : US4538361084
Share Class Description:
INDB: Ordinary SharesDescription
Independent Bank Corp 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 provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers, and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. 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, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
Financial Strength
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.64 | |||||
| Equity-to-Asset | 0.15 | |||||
| Debt-to-Equity | 0.22 | |||||
| Debt-to-EBITDA | N/A |
N/A
|
N/A
| |||
| Interest Coverage | N/A |
N/A
|
N/A
| |||
| Piotroski F-Score | 6/9 | |||||
| Beneish M-Score | -2.48 | |||||
| WACC vs ROIC | ||||||
Growth Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 4.8 | |||||
| 3-Year EPS without NRI Growth Rate | 14 | |||||
| 3-Year FCF Growth Rate | 55.7 | |||||
| 3-Year Book Growth Rate | 9.3 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 3.37 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 38.24 | |||||
| 9-Day RSI | 45.61 | |||||
| 14-Day RSI | 51.2 | |||||
| 3-1 Month Momentum % | 19.82 | |||||
| 6-1 Month Momentum % | 52.66 | |||||
| 12-1 Month Momentum % | 11.92 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History |
|---|
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 3.16 | |||||
| Dividend Payout Ratio | 0.49 | |||||
| 3-Year Dividend Growth Rate | 6.1 | |||||
| Forward Dividend Yield % | 3.18 | |||||
| 5-Year Yield-on-Cost % | 4.45 | |||||
| 3-Year Average Share Buyback Ratio | -9.2 | |||||
| Shareholder Yield % | -1.68 |
Profitability Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Net Margin % | 28.62 | |||||
| FCF Margin % | 32.01 | |||||
| ROE % | 6.76 | |||||
| ROA % | 1.02 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 15.57 | |||||
| Forward PE Ratio | 13.57 | |||||
| PE Ratio without NRI | 15.57 | |||||
| Shiller PE Ratio | 15.07 | |||||
| Price-to-Owner-Earnings | 14.38 | |||||
| PEG Ratio | 1.37 | |||||
| PS Ratio | 4.45 | |||||
| PB Ratio | 1.02 | |||||
| Price-to-Tangible-Book | 1.54 | |||||
| Price-to-Free-Cash-Flow | 13.89 | |||||
| Price-to-Operating-Cash-Flow | 12.71 | |||||
| EV-to-Revenue | 4.77 | |||||
| EV-to-Forward-Revenue | 5.92 | |||||
| EV-to-FCF | 14.9 | |||||
| Price-to-GF-Value | 1.11 | |||||
| Price-to-Projected-FCF | 0.66 | |||||
| Price-to-DCF (Earnings Based) | 0.97 | |||||
| Price-to-DCF (FCF Based) | 1.19 | |||||
| Price-to-Median-PS-Value | 0.86 | |||||
| Price-to-Peter-Lynch-Fair-Value | 1.88 | |||||
| Price-to-Graham-Number | 1.02 | |||||
| FCF Yield % | 7.24 | |||||
| Forward Rate of Return (Yacktman) % | 16.56 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
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Annualized Return % Â
Total Annual Return % Â
Independent Bank Corp Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 687.758 | ||
| EPS (TTM) ($) | 4.6 | ||
| Beta | 0.78 | ||
| 3-Year Sharpe Ratio | 0.03 | ||
| 3-Year Sortino Ratio | 0.05 | ||
| Volatility % | 40.6 | ||
| 14-Day RSI | 51.2 | ||
| 14-Day ATR ($) | 1.943443 | ||
| 20-Day SMA ($) | 72.0075 | ||
| 12-1 Month Momentum % | 11.92 | ||
| 52-Week Range ($) | 45.11 - 77.23 | ||
| Shares Outstanding (Mil) | 42.49 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Independent Bank Corp Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Independent Bank Corp Stock Events
| Event | Date | Price ($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Independent Bank Corp Frequently Asked Questions
What is Independent Bank Corp(INDB)'s stock price today?
The current price of INDB is $70.80. The 52 week high of INDB is $77.23 and 52 week low is $45.11.
When is next earnings date of Independent Bank Corp(INDB)?
The next earnings date of Independent Bank Corp(INDB) is 2025-01-24 Est..
Does Independent Bank Corp(INDB) pay dividends? If so, how much?
The Dividend Yield %  of Independent Bank Corp(INDB) is 3.16% (As of Today), Highest Dividend Payout Ratio of Independent Bank Corp(INDB) was 0.5. The lowest was 0.31. And the median was 0.38. The  Forward Dividend Yield % of Independent Bank Corp(INDB) is 3.18%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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