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Independent Bank Corp
2 own
5 watching
Current Price
$81.74
$1.44
(1.79%)
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Market Capitalization
Market Capitalization
3,730.17M
52-Week High
52-Week High
91.65
52-Week Low
52-Week Low
74.28
Average Volume
Average Volume
0.19M
Dividend Yield
Dividend Yield
0.020978
P/E Ratio
P/E Ratio
19.4514
iconMarket Capitalization3,730.17M
icon52-Week High91.65
icon52-Week Low74.28
iconAverage Volume0.19M
iconDividend Yield0.020978
iconP/E Ratio19.4514
What does the Independent Bank Corp do?
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company's products and services include demand deposits and time certificates of deposit, as well as checking, money market, and savings accounts. Its loan portfolio includes commercial loans, such as commercial and industrial, asset-based, commercial real estate, commercial construction, and small business loans; consumer real estate loans, including residential mortgages, home equity loans, and loans for the construction of residential properties; and other consumer loans, such as personal loans. The company's commercial and industrial loans cover loans for working capital, other business-related purposes, and floor plan financing; asset-based loans consist primarily of revolving lines of credit and term loans; commercial real estate loans include commercial mortgages for construction purposes that are secured by nonresidential properties, multifamily properties, or one-to-four family rental properties; and small business loans comprise real estate loans and loans to businesses with commercial credit needs. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services; and insurance services. The company operates through 80 full service and 3 limited service retail branches, 11 commercial banking centers, 5 investment management offices, and 1 mortgage lending center in Eastern Massachusetts; and an investment management group/commercial lending office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.
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News & Events about Independent Bank Corp.
Benzinga
9days ago
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Business Wire
25days ago
Rockland Trust Company and its bank holding company parent Independent Bank Corp. (NASDAQ Global Select Market: INDB) today announced the appointment of Jeffrey J. Tengel as the successor to current Chief Executive Officer, Christopher Oddleifson, effective on or about February 6, 2023. This press...
Ticker Report
1month ago
Keefe, Bruyette Woods lowered shares of Independent Bank (NASDAQ:INDB Get Rating) from an outperform rating to a market perform rating in a report issued on Monday morning, MarketBeat Ratings reports. Keefe, Bruyette Woods currently has $100.00 price objective on the banks...
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Current Price
$81.74
$1.44
(1.79%)
arrow-icon
1 Week Returns
3 Months Returns
1 Year Returns

Get Started with as little as $1.00

Get Started with as little as $1.00