Independent Bank Corp. (INDB)

Last Closing Price: 52.02 (2024-03-28)

Company Description

Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $920.34M
Net Income (Most Recent Fiscal Year) $239.50M
PE Ratio (Current Year Earnings Estimate) 11.50
PE Ratio (Trailing 12 Months) 9.72
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 2.43
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.80
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.38
Pre-Tax Margin (Trailing 12 Months) 34.24%
Net Margin (Trailing 12 Months) 26.02%
Return on Equity (Trailing 12 Months) 8.35%
Return on Assets (Trailing 12 Months) 1.24%
Current Ratio (Most Recent Fiscal Quarter) 0.97
Quick Ratio (Most Recent Fiscal Quarter) 0.97
Debt to Common Equity (Most Recent Fiscal Quarter) 0.42
Inventory Turnover (Trailing 12 Months) 32.04
Book Value per Share (Most Recent Fiscal Quarter) $66.02
Earnings per Share (Most Recent Fiscal Quarter) $1.26
Earnings per Share (Most Recent Fiscal Year) $5.42
Diluted Earnings per Share (Trailing 12 Months) $5.42
Stock
Exchange NASDAQ
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 42.45M
Free Float 42.08M
Market Capitalization $2.24B
Average Volume (Last 20 Days) 0.31M
Beta (Past 60 Months) 0.83
Percentage Held By Insiders (Latest Annual Proxy Report) 0.87%
Percentage Held By Institutions (Latest 13F Reports) 83.40%
Annual Dividend (Based on Last Quarter) $2.20
Dividend Yield (Based on Last Quarter) 4.18%