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

Independent Bank Corp (Massachusetts) ROA 2024

Independent Bank Corp (Massachusetts) ROA

0.01

Ticker

INDB

ISIN

US4538361084

WKN

907842

In 2024, Independent Bank Corp (Massachusetts)'s return on assets (ROA) was 0.01, a -9.46% increase from the 0.01 ROA in the previous year.

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.

ROA Details

Understanding Independent Bank Corp (Massachusetts)'s Return on Assets (ROA)

Independent Bank Corp (Massachusetts)'s Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Independent Bank Corp (Massachusetts)'s ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Independent Bank Corp (Massachusetts)'s ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Independent Bank Corp (Massachusetts)’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Independent Bank Corp (Massachusetts) stock

What is the Return on Assets (ROA) of Independent Bank Corp (Massachusetts) this year?

The Return on Assets (ROA) of Independent Bank Corp (Massachusetts) is 0.01 undefined this year.

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

The ROA of Independent Bank Corp (Massachusetts) has increased by -9.46% compared to the previous year.

What consequences do high ROA have for investors of Independent Bank Corp (Massachusetts)?

A high ROA is advantageous for investors of Independent Bank Corp (Massachusetts), as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Independent Bank Corp (Massachusetts)?

A low ROA can be unfavorable for investors of Independent Bank Corp (Massachusetts) as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of Independent Bank Corp (Massachusetts) can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Independent Bank Corp (Massachusetts) impact the company?

A reduction in the ROA of Independent Bank Corp (Massachusetts) can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Independent Bank Corp (Massachusetts) include revenue, operating costs, asset structure, and industry average.

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

The ROA of Independent Bank Corp (Massachusetts) is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Independent Bank Corp (Massachusetts) take to improve ROA?

To improve ROA, Independent Bank Corp (Massachusetts) can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.