Independent Bank Corp (Massachusetts) Equity 2024

Independent Bank Corp (Massachusetts) Aktienanalyse

What does Independent Bank Corp (Massachusetts) do?

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) ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Independent Bank Corp (Massachusetts)'s Equity

Independent Bank Corp (Massachusetts)'s equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Independent Bank Corp (Massachusetts)'s equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Independent Bank Corp (Massachusetts)'s equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Independent Bank Corp (Massachusetts)'s equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Independent Bank Corp (Massachusetts)’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Independent Bank Corp (Massachusetts) stock

What is the equity of Independent Bank Corp (Massachusetts) this year?

Independent Bank Corp (Massachusetts) has equity of 2.9 B USD this year.

What was the equity of Independent Bank Corp (Massachusetts) compared to the previous year?

The equity of Independent Bank Corp (Massachusetts) has increased/decreased by 0.29% increased compared to the previous year.

What impact does a high equity have on investors of Independent Bank Corp (Massachusetts)?

A high equity is advantageous for investors of Independent Bank Corp (Massachusetts) as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Independent Bank Corp (Massachusetts)?

A low equity can be a risk for investors of Independent Bank Corp (Massachusetts), as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Independent Bank Corp (Massachusetts) affect the company?

An increase in equity of Independent Bank Corp (Massachusetts) can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Independent Bank Corp (Massachusetts) affect the company?

A reduction in equity of Independent Bank Corp (Massachusetts) can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Independent Bank Corp (Massachusetts)?

Some factors that can affect the equity of Independent Bank Corp (Massachusetts) include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Independent Bank Corp (Massachusetts) so important for investors?

The equity of Independent Bank Corp (Massachusetts) is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Independent Bank Corp (Massachusetts) take to change the equity?

To change equity, Independent Bank Corp (Massachusetts) can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

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

Over the past 12 months, Independent Bank Corp (Massachusetts) paid a dividend of 2.2 USD . This corresponds to a dividend yield of about 4.05 %. For the coming 12 months, Independent Bank Corp (Massachusetts) is expected to pay a dividend of 2.31 USD.

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

The current dividend yield of Independent Bank Corp (Massachusetts) is 4.05 %.

When does Independent Bank Corp (Massachusetts) pay dividends?

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

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

Independent Bank Corp (Massachusetts) paid dividends every year for the past 23 years.

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

For the upcoming 12 months, dividends amounting to 2.31 USD are expected. This corresponds to a dividend yield of 4.26 %.

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 7/8/2024 amounting to 0.57 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

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

The last dividend was paid out on 7/8/2024.

What was the dividend of Independent Bank Corp (Massachusetts) in the year 2023?

In the year 2023, Independent Bank Corp (Massachusetts) distributed 2.08 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.