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Independent Bank Corp.

Logo Independent Bank Corp.

Finance

Major Banks

Nasdaq

as 04-12-2024 4:00pm EST

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Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers, and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.

Founded: 1907 Country:
United States
United States
Employees: N/A City: ROCKLAND
Market Cap: 2.1B IPO Year: N/A
Target Price: $54.50 AVG Volume (30 days): 303.7K
Analyst Decision: Sell Number of Analysts: 3
Dividend Yield: 4.69% Dividend Payout Frequency: Quarterly
EPS: 5.42 EPS Growth: -4.75
52 Week Low/High: $43.28 - $68.75 Next Earning Date: 04-18-2024
Revenue: $707,880,000 Revenue Growth: -1.88%
Revenue Growth (this year): -1.28% Revenue Growth (next year): 4.52%

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