Independent Bank Corp (Massachusetts) (INDB) Stock Price
Independent Bank Corp (Massachusetts) Price
Revenue has compounded at 14.2% per year over the past 19 years to 1.17 B USD. Earnings per share have grown at 3.2% per year over the last 19 years. Independent Bank Corp (Massachusetts)'s net margin stands at 17.6%, down from 23.4% several years earlier. Independent Bank Corp (Massachusetts) currently offers a dividend yield of about 3.02%. The payout ratio is around 57% of earnings. The dividend has grown at 7.1% per year over the past 19 years. Analysts set a median price target of 95.00 USD, implying 21.5% above the current price. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus.
Independent Bank Corp (Massachusetts) stock price
Independent Bank Corp (Massachusetts) business model & stock analysis
Frequently asked questions about 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.
Independent Bank Corp (Massachusetts) primarily operates in the financial sector.
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.
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.
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.
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.
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.
Analysts currently set an average price target of 93.33 USD for the Independent Bank Corp (Massachusetts) stock (median: 95.00 USD), implying +19.3 % versus the latest price. The consensus is based on 13 analyst ratings.
Independent Bank Corp (Massachusetts) Analyst Price Targets 2026
13 analysts currently rate the Independent Bank Corp (Massachusetts) stock: 10 recommend buying, 2 holding and 1 selling. For 2026, analysts expect Independent Bank Corp (Massachusetts) to generate revenue of 1.03 B USD and earnings per share of 7.18 USD.
Independent Bank Corp (Massachusetts) Analyst Price Targets 2026
Converted at the current exchange rate, the Independent Bank Corp (Massachusetts) share trades at 69.78 EUR (78.21 USD).
The Independent Bank Corp (Massachusetts) share (INDB) is listed on 1 stock exchanges, including: NASDAQ (INDB).
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.
The expected revenue of Independent Bank Corp (Massachusetts) is 1.03 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Independent Bank Corp (Massachusetts) is 355.32 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Independent Bank Corp (Massachusetts) is currently 10.89. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Independent Bank Corp (Massachusetts) stock.
The price-to-sales ratio (P/S) of Independent Bank Corp (Massachusetts) is currently 3.74. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Independent Bank Corp (Massachusetts) stock.
The Eulerpool Quality Score for Independent Bank Corp (Massachusetts) is 7/10.
The ISIN of Independent Bank Corp (Massachusetts) is US4538361084. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Independent Bank Corp (Massachusetts) is 907842. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Independent Bank Corp (Massachusetts) is INDB. The ticker symbol is used to trade Independent Bank Corp (Massachusetts) shares on the stock exchange.
Independent Bank Corp (Massachusetts) stock
Independent Bank Corp (Massachusetts) Peer Group
Independent Bank Corp (Massachusetts) Ticker
Independent Bank Corp (Massachusetts) FIGI
All fundamentals and in-depth analysis of Independent Bank Corp (Massachusetts)
Our stock analysis for Independent Bank Corp (Massachusetts) 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). If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.