Independent Bk Corp INDB

$80.06 +1.13 (1.43%)

Valuation

Market cap
3,738,835,000
Revenue TTM
$1,171,090,000
Net income TTM
$205,120,000
PE ratio
11.71
Forward PE
10.87
Profit margin
17.52%
Debt to equity
0.20

Trading

Volume
561,700
Avg volume
330,128
Day's range
$79.09 – $80.73
Shares out
47,369,000
Stochastic %K
65%
Beta
0.78
Analysts
Sell
Price target
$93.43

Price

Company profile

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 in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial...

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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 in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Industry
Banks - Regional
Sector
Financial Services
Phone
781 878 6100
Website
https://www.rocklandtrust.com
Address
288 Union Street, Rockland, United States

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