RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Independent Bank Corp (Massachusetts) Stock

Independent Bank Corp (Massachusetts) P/S 2024

Independent Bank Corp (Massachusetts) P/S

3.18

Ticker

INDB

ISIN

US4538361084

WKN

907842

As of Jul 15, 2024, Independent Bank Corp (Massachusetts)'s P/S ratio stood at 3.18, a 45.87% change from the 2.18 P/S ratio recorded in the previous year.

The Independent Bank Corp (Massachusetts) P/S history

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.

P/S Details

Decoding Independent Bank Corp (Massachusetts)'s P/S Ratio

Independent Bank Corp (Massachusetts)'s Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Independent Bank Corp (Massachusetts)'s P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Independent Bank Corp (Massachusetts)'s stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Independent Bank Corp (Massachusetts)’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Independent Bank Corp (Massachusetts) stock

What is the price-to-earnings ratio of Independent Bank Corp (Massachusetts)?

The price-earnings ratio of Independent Bank Corp (Massachusetts) is currently 3.18.

How has the price-earnings ratio of Independent Bank Corp (Massachusetts) changed compared to last year?

The price-to-earnings ratio of Independent Bank Corp (Massachusetts) has increased by 45.87% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Independent Bank Corp (Massachusetts) high compared to other companies?

Yes, the price-to-earnings ratio of Independent Bank Corp (Massachusetts) is high compared to other companies.

How does an increase in the price-earnings ratio of Independent Bank Corp (Massachusetts) affect the company?

An increase in the price-earnings ratio of Independent Bank Corp (Massachusetts) would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Independent Bank Corp (Massachusetts) affect the company?

A decrease in the price-earnings ratio of Independent Bank Corp (Massachusetts) would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Independent Bank Corp (Massachusetts)?

Some factors that influence the price-earnings ratio of Independent Bank Corp (Massachusetts) are the company's growth, financial position, industry development, and the overall economic situation.

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 4.21 %. 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 4.21 %.

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 4.43 %.

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.

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Andere Kennzahlen von 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.