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Overview
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Independent Bank Corp (Massachusetts) Stock

INDB
US4538361084
907842

Price

52.27
Today +/-
+0
Today %
+0 %
P

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

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Revenue
Net Income
Details

Revenue, EBIT and Profit

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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
2026e861.42 M undefined317.75 M undefined
2025e722.44 M undefined211.51 M undefined
2024e695.5 M undefined197.39 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
2004163 M undefined30.8 M undefined

Independent Bank Corp (Massachusetts) Stock Ratios

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (M)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (M)EBIT (M)EBIT MARGIN (%)NET INCOME (M)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e
45567787991141111028370758488105121126144165163156163183194191204240249248258273286311329360412562513521757920695722861
-24.4437.5012.9913.7915.15-2.63-8.11-18.63-15.667.1412.004.7619.3215.244.1314.2914.58-1.21-4.294.4912.276.01-1.556.8117.653.75-0.404.035.814.768.745.799.4214.4436.41-8.721.5645.3021.53-24.463.8819.25
-------------------------------------------
0000000000000000000000000000000000000000000
00000000000000000000000000000000000000002802890
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467885-17-110481011141617152223263033322824174045425059657687121165121121263239197211317
-50.0016.6714.29--37.50-440.00-35.29--100.0025.0010.0027.2714.296.25-11.7646.674.5513.0415.3810.00-3.03-12.50-14.29-29.17135.2912.50-6.6719.0518.0010.1716.9214.4739.0836.36-26.67-117.36-9.13-17.577.1150.24
-------------------------------------------
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3.74555.15.15.25.25.314.414.414.614.81514.914.414.314.414.614.715.215.515.114.215.819.721.221.521.823.1242626.527.427.732.933.334.946.444.19000
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Details

Keystats

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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.

 
ASSETSCASH 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 (M)TOTAL ASSETS (M)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (M)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (M)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 (M)
Details

Balance Sheet

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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
5620-7-41246678411141414121581641219111214113332273948234443
141415121115211917151823331728234219453339223146564414190899213014121664190421276
-3-2-2-1000-2-3-3-4-5-2-9-4-5-5-4-5-4-7-8-6-7-8-6-9-7-10-10-25-11-16-12-25-22-15
-39-125-38-69248-67-108-40-134-268-193-52-21-236-68-184-359-51215-18-200205-163-190-267-208-292-205-238-316-38720-488-63-1,000-211
-36-122-35-49249-66-106-37-131-264-188-50-12-232-63-178-354-46220-11-192211-156-182-261-199-285-195-228-291-37636-475-37-978-195
0000000000000000000000000000000000000
30000-2-1-30-60-29-200-10123-252900-31-730-8000076-42-18-140
000002100000-6-400-52211-23-290-105233421252222
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

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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
2026e36.89 %
2025e29.28 %
2024e28.38 %
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 %
200418.9 %

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
2026e20.28 undefined7.48 undefined
2025e17.01 undefined4.98 undefined
2024e16.38 undefined4.65 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
200410.72 undefined2.03 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

Independent Bank Corp (Massachusetts) valuation based on historical P/E ratio, EBIT, and P/S ratio.

Independent Bank Corp (Massachusetts) shares outstanding

The number of shares was Independent Bank Corp (Massachusetts) in 2023 — This indicates how many shares 44.194 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

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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) Stock Dividend

In 2023, Independent Bank Corp (Massachusetts) paid a dividend amounting to 2.2 USD. 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
2026e2.31 undefined
2025e2.31 undefined
2024e2.31 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
20141.2 undefined
20131.12 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
20040.56 undefined

Independent Bank Corp (Massachusetts) Stock Payout Ratio

In 2023, Independent Bank Corp (Massachusetts) had a payout ratio of 47.53%. 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
Details

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 %
2024e46.47 %
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 %
200427.59 %
Unfortunately, there are currently no price targets and forecasts available for Independent Bank Corp (Massachusetts).

Independent Bank Corp (Massachusetts) Earnings Surprises

DateEPS EstimateEPS ActualQuarterly report
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
12/31/20221.69 1.69  (0.26 %)2022 Q4
9/30/20221.45 1.57  (8.65 %)2022 Q3
6/30/20221.29 1.32  (2.71 %)2022 Q2
3/31/20221.29 1.23  (-4.3 %)2022 Q1
12/31/20211.12 1.63  (45.28 %)2021 Q4
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Eulerpool ESG Scorecard© for the Independent Bank Corp (Massachusetts) stock

Eulerpool World ESG Rating (EESG©)

45/ 100

🌱 Environment

4

👫 Social

59

🏛️ Governance

71

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 employees64
Percentage of women in management—
Percentage of Asian employees—
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Catholic✅

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Independent Bank Corp (Massachusetts) Stock Shareholders

%
Name
Stocks
Change
Date
5.25 % State Street Global Advisors (US)2,230,305182,22812/31/2023
4.16 % Victory Capital Management Inc.1,765,417-141,92812/31/2023
4.13 % Dimensional Fund Advisors, L.P.1,753,697164,25412/31/2023
3.58 % Silvercrest Asset Management Group LLC1,521,080-59,53512/31/2023
3.01 % Nuance Investments, LLC1,278,001-383,21412/31/2023
2.31 % Geode Capital Management, L.L.C.981,38341,22012/31/2023
2.01 % Macquarie Investment Management855,700-4,64212/31/2023
13.88 % BlackRock Institutional Trust Company, N.A.5,894,320-118,79912/31/2023
12.38 % The Vanguard Group, Inc.5,259,25069,31212/31/2023
1.52 % Rockland Trust Company645,039-3,2143/31/2024
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Independent Bank Corp (Massachusetts) Executives and Management Board

Mr. Gerard Nadeau64
Independent Bank Corp (Massachusetts) Director, President of Rockland Trust (since 2007)
Compensation 1.39 M
Mr. Mark Ruggiero45
Independent Bank Corp (Massachusetts) Chief Financial Officer and Executive Vice President - Consumer Lending of Rockland Trust
Compensation 1.17 M
Mr. Edward Seksay65
Independent Bank Corp (Massachusetts) Executive Vice President, General Counsel of the Company and of Rockland Trust
Compensation 923,171
Ms. Donna Abelli65
Independent Bank Corp (Massachusetts) Independent Chairman of the Board of Rockland Trust and the Company
Compensation 203,080
Mr. Thomas Venables68
Independent Bank Corp (Massachusetts) Independent Director
Compensation 147,880
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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

Independent Bank Corp (Massachusetts) stock: Frequently Asked Questions

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) 2024?

The Independent Bank Corp (Massachusetts) P/E ratio is 11.7.

What is the P/S ratio of Independent Bank Corp (Massachusetts) 2024?

The Independent Bank Corp (Massachusetts) P/S ratio is 3.32.

What is the AlleAktien quality score of Independent Bank Corp (Massachusetts)?

The AlleAktien quality score for Independent Bank Corp (Massachusetts) is 5/10.

What is the revenue of Independent Bank Corp (Massachusetts) 2024?

The expected Independent Bank Corp (Massachusetts) revenue is 695.5 M USD.

How high is the profit of Independent Bank Corp (Massachusetts) 2024?

The expected Independent Bank Corp (Massachusetts) profit is 197.39 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 2.2 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 4.26 %.

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.

Other fundamentals and analyses of Independent Bank Corp (Massachusetts) in the deep dive.

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.