Independent Bank

$79.87 0.00% ($0.00)
  • 1D
  • 1W
  • 1M
  • 1Y
  • 5Y
  • YTD

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About Independent Bank

Independent Bank Corp. is a bank holding company. The Company operates through its subsidiary, Rockland Trust Company (the Bank). The Bank is a community-oriented commercial bank. Its community banking business provides a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. As of November 16, 2018, the bank operated approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, the Cape and Islands, and Rhode Island. The Bank classifies loans as commercial loans, consumer real estate loans, or other consumer loans. Commercial loans consist of commercial and industrial loans, commercial real estate loans, commercial construction loans, and small business loans. The Bank offers a range of demand deposits, interest checking, money market accounts and savings accounts.

Stock Analysis

last close $81.6
1-mo return -6.9%
3-mo return 7.9%
avg daily vol. 524.09T
52-week high 99.85
52-week low 66.84
market cap. $3.9B
forward pe 18.1
annual div. 1.92
roe 8.9%
ltg forecast -
dividend yield 2.35%
annual rev. $490M
inst own. 64.8%

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