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Overview
Profile
Independent Bank Corp (Massachusetts) Stock

Independent Bank Corp (Massachusetts) Stock INDB

INDB
US4538361084
907842

Price

67.01
Today +/-
+0.25
Today %
+0.44 %

Independent Bank Corp (Massachusetts) stock price

Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Independent Bank Corp (Massachusetts) stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Independent Bank Corp (Massachusetts) stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Independent Bank Corp (Massachusetts) stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Independent Bank Corp (Massachusetts)'s market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Independent Bank Corp (Massachusetts) Stock Price History

DateIndependent Bank Corp (Massachusetts) Price
8/20/202567.01 undefined
8/19/202566.72 undefined
8/18/202566.90 undefined
8/15/202566.08 undefined
8/14/202567.74 undefined
8/13/202567.87 undefined
8/12/202566.86 undefined
8/11/202564.35 undefined
8/8/202563.82 undefined
8/7/202563.16 undefined
8/6/202563.73 undefined
8/5/202564.13 undefined
8/4/202563.98 undefined
7/31/202562.06 undefined
7/30/202563.55 undefined
7/29/202564.26 undefined
7/28/202564.86 undefined
7/27/202565.87 undefined
7/25/202566.24 undefined
7/24/202567.30 undefined
7/23/202568.35 undefined
7/22/202568.74 undefined

Independent Bank Corp (Massachusetts) Revenue, EBIT, Net Income

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Revenue
Net Income
Details

Revenue, EBIT and Profit

ⓘ

Understanding Revenue, EBIT, and Income

Gain insights into Independent Bank Corp (Massachusetts), a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Independent Bank Corp (Massachusetts) from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Independent Bank Corp (Massachusetts)’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Independent Bank Corp (Massachusetts). Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Independent Bank Corp (Massachusetts)’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Independent Bank Corp (Massachusetts)’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Independent Bank Corp (Massachusetts)’s growth potential.

Independent Bank Corp (Massachusetts) Revenue, EBIT and net profit per share

DateIndependent Bank Corp (Massachusetts) RevenueIndependent Bank Corp (Massachusetts) Net Income
2026e1.05 B undefined295.62 M undefined
2025e853.73 M undefined228.52 M undefined
2024980.77 M undefined192.08 M undefined
2023920.34 M undefined239.5 M undefined
2022757.5 M undefined263.8 M undefined
2021521.2 M undefined121 M undefined
2020513.5 M undefined121.2 M undefined
2019562.3 M undefined165.2 M undefined
2018412.2 M undefined121.6 M undefined
2017360.2 M undefined87.2 M undefined
2016329 M undefined76.6 M undefined
2015311.4 M undefined65 M undefined
2014286.4 M undefined59.8 M undefined
2013273.9 M undefined50.3 M undefined
2012258.2 M undefined42.6 M undefined
2011248.5 M undefined45.4 M undefined
2010249.6 M undefined40.2 M undefined
2009240.9 M undefined17.3 M undefined
2008204.4 M undefined24 M undefined
2007191.8 M undefined28.4 M undefined
2006194.3 M undefined32.9 M undefined
2005183 M undefined33.2 M undefined

Independent Bank Corp (Massachusetts) Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M)
EBIT (M)
EBIT MARGIN (%)
NET INCOME (M)
NET INCOME GROWTH (%)
DIV. ()
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025e2026e
0.050.060.080.090.10.110.110.10.080.070.080.080.090.110.120.130.140.170.160.160.160.180.190.190.20.240.250.250.260.270.290.310.330.360.410.560.510.520.760.920.980.851.05
-24.4437.5012.9913.7915.15-2.63-8.11-18.63-15.667.1412.004.7619.3215.244.1314.2914.58-1.21-4.294.4912.276.01-1.556.8117.653.75-0.404.035.814.768.745.799.4214.4436.41-8.721.5645.3021.536.52-12.9622.98
-------------------------------------------
0000000000000000000000000000000000000000000
00000000000000000000000000000000000000000311500
-------------------------------------------
467885-17-110481011141617152223263033322824174045425059657687121165121121263239192228295
-50.0016.6714.29--37.50-440.00-35.29--100.0025.0010.0027.2714.296.25-11.7646.674.5513.0415.3810.00-3.03-12.50-14.29-29.17135.2912.50-6.6719.0518.0010.1716.9214.4739.0836.36-26.67-117.36-9.13-19.6718.7529.39
---------------------0.600.640.680.720.720.720.760.840.880.961.041.161.281.521.761.841.922.082.202.832.363.19
00000000000000000000006.676.255.88005.5610.534.769.098.3311.5410.3418.7515.794.554.358.335.7728.64-16.6135.17
3.74555.15.15.25.25.314.414.414.614.81514.914.414.314.414.614.715.215.515.114.215.819.721.221.521.823.1242626.527.427.732.933.334.946.444.1942.5100
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Details

Keystats

ⓘ

Revenue and Growth

The Independent Bank Corp (Massachusetts) Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Independent Bank Corp (Massachusetts) is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETS
CASH BALANCE (M)
RECEIVABLES (M)
OTHER REC. (M)
INVENTORIES (M)
OTHER CURRENT LIAB. (M)
CURRENT ASSETS (M)
TANGIBLE ASSETS (M)
LONG-T. INVEST. (M)
LONG-T. REC. (M)
INTANGIBLE ASSETS (M)
GOODWILL (M)
OTHER NON-CURRENT ASSETS (M)
NON-CURRENT ASSETS (B)
TOTAL ASSETS (B)
LIABILITIES
COMMON STOCK (M)
ADDITIONAL PAID-IN CAPITAL (B)
RETAINED EARNINGS (B)
OTHER EQUITY (M)
UNREAL. GAINS/LOSSES (M)
EQUITY (B)
LIABILITIES (M)
PROVISIONS (M)
OTHER SHORT-TERM LIAB. (M)
SHORT-TERM DEBTS (M)
LONG-TERM DEBT PORTION (M)
SHORT-TERM REC. (M)
LONG-T. LIAB. (M)
DEFERRED TAXES (M)
OTHER LIAB. (M)
LONG-T. LIABILITIES (M)
DEBT (M)
TOTAL CAPITAL (B)
1985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
                                                                               
0000000000000000000000000000000000000000
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0000000000000000000000000000000000000000
0000000000000000000000000000000000000000
58101111111088791113151430303132363737393644464855656476789598180166256255247.15247.82
0000000000000000000000000000000000000000
0000000000000000000000000000000000000000
000000000000000022355441114121112121012109152923332518.1912.28
0000000000000023936363655555558116129130130150170170201222232256506506985985985.07985.07
0000000000000000000000000000000000000000
0.010.010.010.010.010.010.010.010.010.010.010.010.010.020.020.070.070.070.070.10.10.10.10.160.190.190.190.220.250.240.290.310.340.370.720.71.271.271.251.25
0.010.010.010.010.010.010.010.010.010.010.010.010.010.020.020.070.070.070.070.10.10.10.10.160.190.190.190.220.250.240.290.310.340.370.720.71.271.271.251.25
                                                                               
0000000000002929295176494922222333344455553443.733.81
0.010.020.020.020.020.020.020.040.040.040.040.040.050.050.050.040.040.040.040.060.060.060.060.140.230.230.230.270.310.310.410.450.480.531.040.952.252.121.931.91
0.010.020.030.040.040.020.010.010.010.020.030.040.050.060.070.080.090.110.130.150.180.180.170.180.190.210.240.260.290.330.370.410.470.550.650.720.770.931.081.17
00000000000000-4341320-9-7-7-120-10-14-13-9-9-8-6-609249-38-21.89-13.9
000-10-10000001100000000000675-2310-1-6413-10-129-96.23-79.49
0.030.040.050.060.060.040.030.050.060.060.070.080.120.130.140.180.220.220.220.210.230.230.220.30.410.440.470.530.590.640.770.870.941.071.711.73.022.892.92.99
0000000000000000000000000000000000000000
00000000000000000000000000000000005856646156.2856.53
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191414161820713193083428310384736544661191111421741931712162152041981341771630000000
0000000000000000000000000000000000000000
1914141618207131930834283103847365446611911114217419317121621520419813417716305856646156.2856.53
3991010999555000000005252775292929292104104139108108108111187145127113112.8462.86
0000000000000000000000000000000000000000
556777545811121211222022251818201517494766879073107103978592178271272354311.92316.56
814151717161413101316121211222022251870729269141139158179194177246211205193203365416399467424.76379.42
2728293335362126294324155494125104959062136191203211315332329395409381444345382356203423472463528481.03435.95
0.050.070.080.090.10.080.050.080.090.110.10.10.180.230.260.280.310.310.290.350.420.430.430.620.750.770.860.940.971.081.121.251.31.282.132.173.483.413.383.43
Details

Balance Sheet

ⓘ

Understanding the Balance Sheet

The balance sheet of Independent Bank Corp (Massachusetts) provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Independent Bank Corp (Massachusetts)'s financial health and stability.

Assets

Independent Bank Corp (Massachusetts)'s assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Independent Bank Corp (Massachusetts) must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Independent Bank Corp (Massachusetts) after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Independent Bank Corp (Massachusetts)'s financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)
DEPRECIATION (M)
DEFERRED TAXES (M)
CHANGES IN WORKING CAPITAL (M)
NON-CASH ITEM (M)
PAID INTEREST (M)
PAID TAXES (M)
NET CASH FLOW FROM OPERATING ACTIVITIES (M)
CAPITAL EXPENDITURES (M)
CASH FLOW FROM INVESTING ACTIVITIES (M)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)
INTEREST INCOME AND EXPENSES (M)
NET DEBT CHANGE (M)
NET CHANGE IN EQUITY (M)
CASH FLOW FROM FINANCING ACTIVITIES (B)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (B)
TOTAL DIVIDENDS PAID (M)
NET CHANGE IN CASH FLOW (B)
FREE CASH FLOW (M)
SHARE-BASED COMPENSATION (M)
1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
885-17-110481011141617152225263033322824234045425059657687121165121121263239
122222353334457455555459910812121415161927323836
000000000200000-200-21-1-7-2-20-1221009-410-173-12
3372829141264-10211-3-1-78-158-5931102-7821854201145-427615118
1000-8-200000000041-10-1-1-1-5013000011-19-20-39-27-13
000000000000000000000000292323202019182549361426183
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30000-2-1-30-60-29-200-10123-252900-31-730-8000076-42-18-140
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0.050.130.07-0.02-0.15-0.040.020.090.050.090.260.19-0.0100.220.050.140.330.07-0.24-0.090.16-0.160.160.210.20.070.160.210.160.110.28-0.341.570.82-1.31-0.19
0.050.130.07-0.02-0.15-0.060.020.090.050.10.260.21-0.010.010.230.110.150.340.08-0.23-0.030.14-0.150.170.220.220.090.150.320.190.140.32-0.361.670.9-1.2-0.1
0-1-100000-2-3-4-5-5-5-6-6-7-8-9-9-9-11-14-15-16-22-15-22-26-29-34-40-53-60-62-93-98
0.020.020.04-0.01-0.050.03-0.0300.02-0.030.010.02-0.0300.0200-0.010.060.01-0.07-0.020.070.040.08-0.020-0.040.10.01-0.080.04-0.11.150.94-1.89-0.13
10.911.713.310.81114.820.417.414.111.414.118.230.98.324.618.437.114.440.329.132.513.824.839.748.237.713282.67982.5105.8130.7199.952165399.1261.15
0000000000000000000000000000000000000

Independent Bank Corp (Massachusetts) stock margins

The Independent Bank Corp (Massachusetts) margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Independent Bank Corp (Massachusetts). The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Independent Bank Corp (Massachusetts).

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Profit margin
Details

Margin

ⓘ

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Independent Bank Corp (Massachusetts)'s sales revenue. A higher gross margin percentage indicates that the Independent Bank Corp (Massachusetts) retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Independent Bank Corp (Massachusetts)'s earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Independent Bank Corp (Massachusetts)'s total revenue generated. When comparing the revenue margin year over year, investors can gauge the Independent Bank Corp (Massachusetts)'s growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Independent Bank Corp (Massachusetts). Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Independent Bank Corp (Massachusetts)'s financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Independent Bank Corp (Massachusetts) Margin History

DateIndependent Bank Corp (Massachusetts) Profit margin
2026e28.18 %
2025e26.77 %
202419.58 %
202326.02 %
202234.83 %
202123.22 %
202023.6 %
201929.38 %
201829.5 %
201724.21 %
201623.28 %
201520.87 %
201420.88 %
201318.36 %
201216.5 %
201118.27 %
201016.11 %
20097.18 %
200811.74 %
200714.81 %
200616.93 %
200518.14 %

Independent Bank Corp (Massachusetts) Stock Sales Revenue, EBIT, Earnings per Share

The Independent Bank Corp (Massachusetts) earnings per share therefore indicates how much revenue Independent Bank Corp (Massachusetts) has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Sales per Share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Independent Bank Corp (Massachusetts) earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Independent Bank Corp (Massachusetts)'s earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Independent Bank Corp (Massachusetts)’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Independent Bank Corp (Massachusetts)'s prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Independent Bank Corp (Massachusetts) Revenue, EBIT and net profit per share

DateIndependent Bank Corp (Massachusetts) Sales per ShareIndependent Bank Corp (Massachusetts) Earnings per Share
2026e24.68 undefined6.95 undefined
2025e20.08 undefined5.38 undefined
202423.07 undefined4.52 undefined
202320.83 undefined5.42 undefined
202216.33 undefined5.69 undefined
202114.93 undefined3.47 undefined
202015.42 undefined3.64 undefined
201917.09 undefined5.02 undefined
201814.88 undefined4.39 undefined
201713.15 undefined3.18 undefined
201612.42 undefined2.89 undefined
201511.98 undefined2.5 undefined
201411.93 undefined2.49 undefined
201311.86 undefined2.18 undefined
201211.84 undefined1.95 undefined
201111.56 undefined2.11 undefined
201011.77 undefined1.9 undefined
200912.23 undefined0.88 undefined
200812.94 undefined1.52 undefined
200713.51 undefined2 undefined
200612.87 undefined2.18 undefined
200511.81 undefined2.14 undefined

Independent Bank Corp (Massachusetts) business model

Independent Bank Corp (Massachusetts) is a financial institution headquartered in Rockland, Massachusetts. The bank was founded in 1907 and has since become one of the largest independent banks in Massachusetts. The business model of Independent Bank Corp is to offer its customers a wide range of financial services. The offering ranges from opening checking accounts for retail customers to more complex financing, leasing, insurance, and asset management services for businesses. Independent Bank Corp consists of several divisions specializing in different areas of financial services. The divisions include retail banking, commercial banking, wealth management, and insurance banking. Each division has its own team of experienced bankers responsible for developing more specific business strategies and product offerings. A focus of retail banking is the offering of checking accounts, savings deposits, and credit cards for retail customers. Additionally, the bank also offers mortgage loans for residential properties. In commercial banking, Independent Bank Corp specializes in providing financing and leasing services to businesses and organizations. This includes working capital and investment loans, commercial financing, as well as leasing and factoring services. The wealth management team of Independent Bank Corp offers wealthy private clients a wide range of asset management services. These include investment funds and asset management strategies tailored to the individual client's requirements. Lastly, the insurance banking division of Independent Bank Corp offers insurance products for retail customers and businesses. These include auto insurance, liability insurance, and credit insurance, among others. Over the decades, Independent Bank Corp has carried out several acquisitions and mergers to expand its reach and capabilities. For example, in 2008, the bank acquired Abington Bank, which was one of the oldest independent banks in Massachusetts. In the following years, the bank also expanded through the opening of new branches. Independent Bank Corp is known for its high level of customer service and community engagement. The bank has launched several programs to support local businesses and organizations and to assist local non-profit organizations. Independent Bank Corp also engages in employee donations and volunteer work to strengthen its connection to the local community. Overall, Independent Bank Corp offers a wide range of financial services for retail and business customers and is a key institution in the Massachusetts financial world. Independent Bank Corp (Massachusetts) is one of the most popular companies on Eulerpool.com.

Independent Bank Corp (Massachusetts) SWOT Analysis

Strengths

Independent Bank Corp (Massachusetts) has several key strengths that contribute to its success:

  • Strong financial performance and solid profitability over the years
  • Robust asset base and diversified loan portfolio
  • Extensive branch network and customer base
  • Experienced and knowledgeable management team
  • Strong brand reputation and customer loyalty

Weaknesses

Despite its overall strengths, Independent Bank Corp (Massachusetts) also faces certain weaknesses:

  • Reliance on a specific geographical market
  • Moderate market share compared to larger competitors
  • Limited product diversity compared to larger banks
  • Potential vulnerability to economic downturns

Opportunities

Independent Bank Corp (Massachusetts) can leverage the following opportunities to further enhance its growth:

  • Expansion into new markets and geographic regions
  • Development of innovative digital banking solutions
  • Partnerships and acquisitions to increase market presence
  • Offering specialized lending and investment products
  • Capitalizing on emerging technologies and trends in banking

Threats

Independent Bank Corp (Massachusetts) must be mindful of the following threats that could impact its operations:

  • Intense competition from larger national and regional banks
  • Regulatory changes and increased compliance costs
  • Economic uncertainties and potential market volatility
  • Cybersecurity threats and data breaches
  • Changing customer preferences and expectations
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Independent Bank Corp (Massachusetts) Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Independent Bank Corp (Massachusetts) historical P/E ratio, EBIT multiple, and P/S ratio

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Independent Bank Corp (Massachusetts) shares outstanding

The number of shares was Independent Bank Corp (Massachusetts) in 2024 — This indicates how many shares 42.512 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Independent Bank Corp (Massachusetts) earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Independent Bank Corp (Massachusetts)'s earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Independent Bank Corp (Massachusetts)’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Independent Bank Corp (Massachusetts)'s prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Independent Bank Corp (Massachusetts) dividend history and estimates

In 2024, Independent Bank Corp (Massachusetts) paid a dividend amounting to 2.83 undefined. Dividend means that Independent Bank Corp (Massachusetts) distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Independent Bank Corp (Massachusetts) provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Independent Bank Corp (Massachusetts)’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Independent Bank Corp (Massachusetts)'s overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Independent Bank Corp (Massachusetts) Dividend History

DateIndependent Bank Corp (Massachusetts) Dividend
2026e3.19 undefined
2025e1.18 undefined
2025e1.18 undefined
20242.83 undefined
20232.2 undefined
20222.08 undefined
20211.92 undefined
20201.84 undefined
20191.76 undefined
20181.52 undefined
20171.28 undefined
20161.16 undefined
20151.04 undefined
20140.96 undefined
20130.88 undefined
20120.84 undefined
20110.76 undefined
20100.72 undefined
20090.72 undefined
20080.72 undefined
20070.68 undefined
20060.64 undefined
20050.6 undefined

Independent Bank Corp (Massachusetts) dividend payout ratio

In 2024, Independent Bank Corp (Massachusetts) had a payout ratio of 46.47%. The payout ratio indicates the percentage of the company's profits that Independent Bank Corp (Massachusetts) distributes as dividends.

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Payout ratio
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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Independent Bank Corp (Massachusetts) represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Independent Bank Corp (Massachusetts) could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Independent Bank Corp (Massachusetts)'s payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Independent Bank Corp (Massachusetts) Payout Ratio History

DateIndependent Bank Corp (Massachusetts) Payout ratio
2026e45.84 %
2025e43.52 %
202446.47 %
202347.53 %
202236.56 %
202155.33 %
202050.69 %
201934.99 %
201834.55 %
201740.25 %
201640 %
201541.6 %
201448.19 %
201351.47 %
201243.08 %
201135.85 %
201037.89 %
200981.82 %
200847.37 %
200734 %
200629.49 %
200528.04 %
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Unfortunately, there are currently no price targets and forecasts available for Independent Bank Corp (Massachusetts).

Independent Bank Corp (Massachusetts) latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
6/30/20251.23 1.25  (1.28 %)2025 Q2
3/31/20251.18 1.06  (-10.02 %)2025 Q1
12/31/20241.19 1.21  (2.04 %)2024 Q4
9/30/20241.08 1.01  (-6.14 %)2024 Q3
6/30/20241.14 1.21  (6.39 %)2024 Q2
3/31/20241.17 1.12  (-4.52 %)2024 Q1
12/31/20231.27 1.26  (-0.58 %)2023 Q4
9/30/20231.35 1.38  (1.98 %)2023 Q3
6/30/20231.38 1.42  (2.62 %)2023 Q2
3/31/20231.57 1.36  (-13.56 %)2023 Q1
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Eulerpool ESG Scorecard© for the Independent Bank Corp (Massachusetts) stock

Eulerpool World ESG Rating (EESG©)

54/ 100

🌱 Environment

19

👫 Social

78

🏛️ Governance

67

Environment

Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees63
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Independent Bank Corp (Massachusetts) shareholders

%
Name
Stocks
Change
Date
13.47047 % BlackRock Institutional Trust Company, N.A.5,726,538-50,5406/30/2025
12.13852 % The Vanguard Group, Inc.5,160,30440,5776/30/2025
5.54144 % Dimensional Fund Advisors, L.P.2,355,76416,5116/30/2025
5.27802 % State Street Global Advisors (US)2,243,782-87,1186/30/2025
4.00629 % AllianceBernstein L.P.1,703,144624,8336/30/2025
2.55029 % Macquarie Investment Management1,084,17397,9896/30/2025
2.46775 % Geode Capital Management, L.L.C.1,049,0866,8896/30/2025
2.44629 % DePrince, Race & Zollo, Inc.1,039,960-7,7656/30/2025
2.13131 % Victory Capital Management Inc.906,05818,7866/30/2025
1.89152 % Verition Fund Management LLC804,118132,1886/30/2025
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Independent Bank Corp (Massachusetts) Executives and Management Board

Mr. Jeffrey Tengel

(61)
Independent Bank Corp (Massachusetts) President, Chief Executive Officer, Chief Executive Officer of Rockland Trust, Director (since 2023)
Compensation 5.21 M

Mr. Gerard Nadeau

(65)
Independent Bank Corp (Massachusetts) President of Rockland Trust, Director (since 2007)
Compensation 1.56 M

Mr. Mark Ruggiero

(46)
Independent Bank Corp (Massachusetts) Chief Financial Officer of the Company and of Rockland Trust, Executive Vice President - Consumer Lending of Rockland Trust
Compensation 1.39 M

Ms. Maria Harris

(53)
Independent Bank Corp (Massachusetts) Executive Vice President, Chief Human Resources Officer of Rockland Trust
Compensation 786,263

Mr. James Rizzo

(61)
Independent Bank Corp (Massachusetts) Executive Vice President, Chief Commercial Banking Officer of Rockland Trust
Compensation 743,448
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Independent Bank Corp (Massachusetts) Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
nCino Stock
nCino
SupplierCustomer0,30-0,020,580,41-0,24
BlackRock Stock
BlackRock
SupplierCustomer0,02-0,220,520,42-0,050,57
1

Most common questions regarding Independent Bank Corp (Massachusetts)

What values and corporate philosophy does Independent Bank Corp (Massachusetts) represent?

Independent Bank Corp (Massachusetts) is committed to upholding strong values and a robust corporate philosophy. The company prioritizes integrity, trustworthiness, and reliability in all its activities. It believes in fostering long-term relationships with its customers, employees, and shareholders based on transparency and honesty. Independent Bank Corp (Massachusetts) remains dedicated to providing exceptional financial services and contributing positively to the communities it serves. By adhering to a customer-centric approach and offering innovative solutions, Independent Bank Corp (Massachusetts) strives to build and maintain its reputation as a leading financial institution focused on excellence and sustainable growth.

In which countries and regions is Independent Bank Corp (Massachusetts) primarily present?

Independent Bank Corp (Massachusetts) is primarily present in the United States, with a focus on the state of Massachusetts. As a regional bank, Independent Bank Corp serves its customers through a network of branches in various cities and towns across Massachusetts. The company's operations are mainly concentrated in this region, providing financial services and solutions to local communities.

What significant milestones has the company Independent Bank Corp (Massachusetts) achieved?

Independent Bank Corp (Massachusetts) has achieved several significant milestones. Firstly, the company successfully completed its initial public offering (IPO) in 2002, marking a crucial step in its growth and expansion. Additionally, Independent Bank Corp (Massachusetts) has consistently delivered strong financial performance, posting steady annual revenue growth and demonstrating solid profitability. The company has also received numerous accolades and recognition, including being named one of the top-performing banks in Massachusetts by the Boston Business Journal. Moreover, Independent Bank Corp (Massachusetts) has continued to enhance its customer experience and expand its market presence through strategic acquisitions and the opening of new branch locations.

What is the history and background of the company Independent Bank Corp (Massachusetts)?

Independent Bank Corp (Massachusetts) is a reputable financial institution that has a rich history and notable background. Established in 1863, Independent Bank Corp (Massachusetts) has been at the forefront of providing a wide range of banking services to individuals, businesses, and communities in Massachusetts. With a commitment to maintaining personalized customer relationships, they have built a strong reputation for exceptional service and innovation throughout their existence. Independent Bank Corp (Massachusetts) has consistently demonstrated financial stability and growth, making them a trusted choice for banking needs. As a leading player in the banking industry, Independent Bank Corp (Massachusetts) continues to adapt and evolve to meet the changing needs of their customers and the market.

Who are the main competitors of Independent Bank Corp (Massachusetts) in the market?

The main competitors of Independent Bank Corp (Massachusetts) in the market include other prominent banking companies such as Bank of America, JPMorgan Chase, and Citigroup. These large financial institutions similarly provide a range of banking services and compete with Independent Bank Corp (Massachusetts) in attracting and serving customers.

In which industries is Independent Bank Corp (Massachusetts) primarily active?

Independent Bank Corp (Massachusetts) primarily operates in the financial sector.

What is the business model of Independent Bank Corp (Massachusetts)?

The business model of Independent Bank Corp (Massachusetts) revolves around being a regional commercial banking organization. With a focus on serving individuals, businesses, and municipalities in the Massachusetts area, Independent Bank Corp offers a range of financial products and services. The company aims to generate income through lending activities, including commercial, residential, and consumer loans. Additionally, they provide various deposit services to individuals and businesses. Independent Bank Corp's model emphasizes building strong customer relationships, promoting community development, and delivering personalized banking solutions to meet the diverse financial needs of their clients in the Massachusetts market.

What is the P/E ratio of Independent Bank Corp (Massachusetts) 2025?

The Independent Bank Corp (Massachusetts) P/E ratio is 12.47.

What is the P/S ratio of Independent Bank Corp (Massachusetts) 2025?

The Independent Bank Corp (Massachusetts) P/S ratio is 3.34.

What is the Quality Investing of Independent Bank Corp (Massachusetts)?

The Quality Investing for Independent Bank Corp (Massachusetts) is 5/10.

What is the revenue of Independent Bank Corp (Massachusetts) 2025?

The expected Independent Bank Corp (Massachusetts) revenue is 853.73 M USD.

How high is the profit of Independent Bank Corp (Massachusetts) 2025?

The expected Independent Bank Corp (Massachusetts) profit is 228.52 M USD.

What is the business model of Independent Bank Corp (Massachusetts)

Independent Bank Corp is a financial institution headquartered in Massachusetts. The company is divided into various business segments to offer its customers a wide range of financial products and services. The business model of Independent Bank Corp is based on a diverse product offering and strong customer relationships. By expanding its offerings, the company can strengthen customer interest and build long-term relationships. The main business segments of Independent Bank Corp include retail banking, commercial banking, and wealth management. Specifically, the company offers a variety of products and services tailored to the needs of its different business segments. In the retail banking sector, Independent Bank Corp offers checking accounts, savings accounts, credit cards, and consumer loans. In addition, customers can access their accounts online and via mobile devices to make transfers and manage their finances. The bank places great importance on customer relationships and offers personalized service and financial advice. In commercial banking, Independent Bank Corp focuses on small and medium-sized businesses, offering loans, lines of credit, leasing, and treasury bills. In addition, the company supports businesses through cash management solutions and banking services for daily operations. With this segment, the company aims to build long-term relationships with businesses to support them during their growth phase. The wealth management sector offers customers a range of investment and asset management solutions. The company has financial advisors who provide personal financial services such as investment portfolios, retirement planning, and estate planning. Through customized portfolios and individual consultation services, Independent Bank Corp aims to be a "one-stop shop" for its customers' wealth management needs. Independent Bank Corp is committed to strengthening its customer relationships through innovative technologies. The company has recently introduced mobile apps and online banking solutions to expand its service offering and make it easier for customers to conduct their banking transactions. In addition, the company has expanded its branch network to provide better access to its services for customers. In summary, Independent Bank Corp's business model is based on a wide range of financial products and services, high customer satisfaction, and an innovative approach to customer retention. Through this approach, the company aims to expand its leading position in the US financial market and broaden its customer base.

What is the Independent Bank Corp (Massachusetts) dividend?

Independent Bank Corp (Massachusetts) pays a dividend of 2.08 USD distributed over payouts per year.

How often does Independent Bank Corp (Massachusetts) pay dividends?

The dividend cannot currently be calculated for Independent Bank Corp (Massachusetts) or the company does not pay out a dividend.

What is the Independent Bank Corp (Massachusetts) ISIN?

The ISIN of Independent Bank Corp (Massachusetts) is US4538361084.

What is the Independent Bank Corp (Massachusetts) WKN?

The WKN of Independent Bank Corp (Massachusetts) is 907842.

What is the Independent Bank Corp (Massachusetts) ticker?

The ticker of Independent Bank Corp (Massachusetts) is INDB.

How much dividend does Independent Bank Corp (Massachusetts) pay?

Over the past 12 months, Independent Bank Corp (Massachusetts) paid a dividend of 2.83 USD . This corresponds to a dividend yield of about 4.22 %. For the coming 12 months, Independent Bank Corp (Massachusetts) is expected to pay a dividend of 3.19 USD.

What is the dividend yield of Independent Bank Corp (Massachusetts)?

The current dividend yield of Independent Bank Corp (Massachusetts) is 4.22 %.

When does Independent Bank Corp (Massachusetts) pay dividends?

Independent Bank Corp (Massachusetts) pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Independent Bank Corp (Massachusetts)?

Independent Bank Corp (Massachusetts) paid dividends every year for the past 22 years.

What is the dividend of Independent Bank Corp (Massachusetts)?

For the upcoming 12 months, dividends amounting to 3.19 USD are expected. This corresponds to a dividend yield of 4.76 %.

In which sector is Independent Bank Corp (Massachusetts) located?

Independent Bank Corp (Massachusetts) is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Independent Bank Corp (Massachusetts) kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Independent Bank Corp (Massachusetts) from 7/7/2025 amounting to 0.59 USD, you needed to have the stock in your portfolio before the ex-date on 6/30/2025.

When did Independent Bank Corp (Massachusetts) pay the last dividend?

The last dividend was paid out on 7/7/2025.

What was the dividend of Independent Bank Corp (Massachusetts) in the year 2024?

In the year 2024, Independent Bank Corp (Massachusetts) distributed 2.2 USD as dividends.

In which currency does Independent Bank Corp (Massachusetts) pay out the dividend?

The dividends of Independent Bank Corp (Massachusetts) are distributed in USD.

All fundamentals about Independent Bank Corp (Massachusetts)

Our stock analysis for Independent Bank Corp (Massachusetts) Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Independent Bank Corp (Massachusetts) Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.