INDB
Financials

Independent Bank Corp.

INDB
Since

Headquarters:

MA, United States

Exchange:

NASDAQ

Industry:

Banks—Regional

Number of Employees:

1.79K

Current Fiscal Year:

2024

Market Cap:

2.51B

Price per Share:

$59.09

Quarterly Dividend per Share:

$0.57
Year-to-date Performance:
-6.4884%
Dividend Yield:
3.83%
Price-to-book Ratio:
0.84
Trailing P/E Ratio:
12.76

Price History

Latest Prices

DateOpenHighLowClose
2025-04-3058.0959.56557.0359.09
2025-04-2958.3759.457.5859.25
2025-04-2858.0858.657.25558.18
2025-04-2557.7458.2857.0758.04
2025-04-2457.2958.5156.6558.36

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

Financial Performance

2024 Revenue:683.06M

Detailed view of quarterly revenue

2024 Net Income:196.85M

Detailed view of quarterly net income

2024 Free Cash Flow:220.18M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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Market Cap
*Data based on the last 12 months.