INDB | Independent Bank Corp.

Financial | Banks - Regional | USA | NASD

Index	-	P/E	8.98	EPS (ttm)	5.94	Insider Own	0.40%	Shs Outstand	45.00M	Perf Week	20.89%
Market Cap	2.17B	Forward P/E	10.34	EPS next Y	5.16	Insider Trans	0.98%	Shs Float	43.84M	Perf Month	11.31%
Income	272.00M	PEG	3.59	EPS next Q	1.39	Inst Own	84.20%	Short Float / Ratio	2.49% / 3.67	Perf Quarter	-29.51%
Sales	689.20M	P/S	3.14	EPS this Y	64.00%	Inst Trans	-5.71%	Short Interest	1.09M	Perf Half Y	-39.71%
Book/sh	62.90	P/B	0.85	EPS next Y	-4.51%	ROA	1.40%	Target Price	66.50	Perf Year	-36.24%
Cash/sh	13.47	P/C	3.96	EPS next 5Y	2.50%	ROE	9.50%	52W Range	43.28 - 91.65	Perf YTD	-36.80%
Dividend	2.20	P/FCF	7.66	EPS past 5Y	11.80%	ROI	17.40%	52W High	-41.78%	Beta	0.82
Dividend %	4.12%	Quick Ratio	-	Sales past 5Y	18.30%	Gross Margin	-	52W Low	23.28%	ATR	2.62
Employees	1739	Current Ratio	-	Sales Q/Q	32.90%	Oper. Margin	89.80%	RSI (14)	58.46	Volatility	6.49% 5.05%
Optionable	Yes	Debt/Eq	0.04	EPS Q/Q	21.40%	Profit Margin	39.50%	Rel Volume	1.04	Prev Close	51.08
Shortable	Yes	LT Debt/Eq	0.04	Earnings	Apr 21 BMO	Payout	35.00%	Avg Volume	297.55K	Price	53.36
Recom	3.00	SMA20	13.74%	SMA50	-2.20%	SMA200	-28.05%	Volume	309,669	Change	4.46%

Date	Action	Analyst	Rating Change	Price Target Change
Dec-21-22	Initiated	Raymond James	Mkt Perform
Dec-13-22	Downgrade	Keefe Bruyette	Outperform → Mkt Perform	$100
Oct-25-21	Downgrade	Piper Sandler	Overweight → Neutral	$82 → $88
Apr-26-21	Upgrade	Seaport Global Securities	Neutral → Buy	$94
Apr-23-21	Upgrade	Piper Sandler	Neutral → Overweight	$90
Dec-17-20	Initiated	Seaport Global Securities	Neutral
Oct-26-20	Upgrade	Compass Point	Neutral → Buy	$70
Jun-24-20	Downgrade	Piper Sandler	Overweight → Neutral	$74 → $67
Jun-08-20	Downgrade	DA Davidson	Buy → Neutral	$75 → $82
Mar-16-20	Upgrade	DA Davidson	Neutral → Buy	$83 → $68
Mar-04-20	Downgrade	Compass Point	Buy → Neutral	$76
Dec-09-19	Initiated	Gabelli & Co	Hold
Jul-19-19	Upgrade	Compass Point	Neutral → Buy	$77 → $83
Jul-12-19	Initiated	DA Davidson	Neutral
Apr-03-19	Upgrade	Sandler O'Neill	Hold → Buy
Jul-23-18	Upgrade	Keefe Bruyette	Mkt Perform → Outperform
Dec-18-17	Upgrade	Compass Point	Neutral → Buy
Oct-11-17	Downgrade	Compass Point	Buy → Neutral
Jul-21-17	Upgrade	Compass Point	Neutral → Buy
May-15-17	Initiated	Piper Jaffray	Neutral	$63

Show Previous Ratings

Apr-26-23 08:00PM	INDB: Lowering target price to $61.00 (Argus Research)
Apr-22-23 12:03AM	Q1 2023 Independent Bank Corp (Massachusetts) Earnings Call (Thomson Reuters StreetEvents)
Apr-20-23 05:35PM	Independent Bank Corp. (INDB) Q1 Earnings and Revenues Miss Estimates (Zacks)
04:23PM	Independent Bank Corp.: Q1 Earnings Snapshot (AP Finance)
04:15PM	Independent Bank Corp. Reports First Quarter Net Income of $61.2 Million (Business Wire)
10:00AM	Loading…
Apr-13-23 10:00AM	Independent Bank Corp. (INDB) Reports Next Week: Wall Street Expects Earnings Growth (Zacks)
Apr-10-23 04:15PM	Independent Bank Corp.s Announcement of Date of First Quarter Conference Call (Business Wire)
Apr-01-23 08:42AM	64% earnings growth over 1 year has not materialized into gains for Independent Bank (NASDAQ:INDB) shareholders over that period (Simply Wall St.)
Mar-16-23 04:10PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire) +6.19%
Feb-27-23 08:32PM	Toronto-Dominion to Pay $1.2 Billion to Settle R. Allen Stanford Ponzi Litigation (The Wall Street Journal)
Feb-19-23 08:11AM	With 85% ownership of the shares, Independent Bank Corp. (NASDAQ:INDB) is heavily dominated by institutional owners (Simply Wall St.)
Feb-07-23 01:08AM	4 big dividend moves: CorEnergy halts payout (Investing.com)
Feb-06-23 04:15PM	Independent Bank Corp. COO Robert D. Cozzone and CFO Mark J. Ruggiero to Participate in the 2023 KBW Winter Financial Services Conference (Business Wire)
Jan-26-23 07:25AM	New Strong Sell Stocks for January 26th (Zacks)
Jan-24-23 08:00AM	Rockland Trusts Investment Management Group Announces a Record Year with $5.8 Billion in Assets Under Administration (Business Wire)
06:28AM	Loading…
Jan-23-23 06:28AM	Here's Why We Think Independent Bank (NASDAQ:INDB) Is Well Worth Watching (Simply Wall St.)
Jan-22-23 04:54AM	Independent Bank Corp. (NASDAQ:INDB) Q4 2022 Earnings Call Transcript (Insider Monkey)
Jan-20-23 11:45AM	Are You Looking for a High-Growth Dividend Stock? (Zacks)
Jan-19-23 05:35PM	Independent Bank Corp. (INDB) Q4 Earnings and Revenues Beat Estimates (Zacks)
04:15PM	Independent Bank Corp. Reports Fourth Quarter Net Income of $77.0 Million (Business Wire)
Jan-12-23 10:00AM	Independent Bank Corp. (INDB) Reports Next Week: Wall Street Expects Earnings Growth (Zacks)
Jan-09-23 10:43AM	Rockland Trust CEO to step down, with ex-People's exec to replace him (American City Business Journals)
08:30AM	Rockland Trust Company and Independent Bank Corp. Appoint Jeffrey J. Tengel as Chief Executive Officer (Business Wire)
Jan-06-23 04:15PM	Independent Bank Corp.s Announcement of Date of Fourth Quarter Conference Call (Business Wire)
Dec-12-22 12:00PM	All You Need to Know About Independent Bank Corp. (INDB) Rating Upgrade to Strong Buy (Zacks)
Dec-08-22 04:10PM	Independent Bank Corp. Announces an 8% Increase in the Quarterly Dividend (Business Wire)
Nov-29-22 08:00AM	Rockland Trust Announces $150,000 in Donations to Local Community Development Corporations (Business Wire)
Oct-27-22 12:00PM	Here's Why Independent Bank Corp. (INDB) is a Great Momentum Stock to Buy (Zacks)
Oct-26-22 12:20PM	Will Independent Bank Corp. (INDB) Gain on Rising Earnings Estimates? (Zacks)
10:00AM	Best Momentum Stocks to Buy for October 26th (Zacks)
12:45PM	Loading…
Oct-25-22 12:45PM	Here is Why Growth Investors Should Buy Independent Bank Corp. (INDB) Now (Zacks)
Oct-21-22 06:15AM	Independent Bank (NASDAQ:INDB) shareholders have earned a 4.8% CAGR over the last five years (Simply Wall St.)
Oct-20-22 05:25PM	Independent Bank Corp. (INDB) Surpasses Q3 Earnings and Revenue Estimates (Zacks)
04:10PM	Independent Bank Corp. Reports Third Quarter Net Income of $71.9 Million (Business Wire)
Oct-14-22 10:00AM	Independent Bank Corp. (INDB) Earnings Expected to Grow: Should You Buy? (Zacks)
Oct-07-22 04:10PM	Independent Bank Corp.s Announcement of Date of Third Quarter Conference Call (Business Wire)
Sep-15-22 04:10PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire)
Sep-02-22 12:40PM	Long-Term Analyst: Dont Play the Fools Game of Timing the Market and Buy These 10 Stocks (Insider Monkey)
Aug-25-22 06:17AM	Institutional shareholders may be less affected by Independent Bank Corp.'s (NASDAQ:INDB) pullback last week after a year of 7.2% returns (Simply Wall St.)
Jul-21-22 05:36PM	Independent Bank Corp. (INDB) Q2 Earnings and Revenues Surpass Estimates (Zacks)
04:15PM	Independent Bank Corp. Reports Second Quarter Net Income of $61.8 Million (Business Wire)
Jul-11-22 04:15PM	Independent Bank Corp.s Announcement of Date of Second Quarter Conference Call (Business Wire)
Jun-21-22 06:37AM	Do These 3 Checks Before Buying Independent Bank Corp. (NASDAQ:INDB) For Its Upcoming Dividend (Simply Wall St.)
Jun-16-22 04:46PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire)
May-03-22 09:30AM	Independent Bank's (NASDAQ:INDB) investors will be pleased with their favorable 35% return over the last five years (Simply Wall St.)
Apr-21-22 05:35PM	Independent Bank Corp. (INDB) Q1 Earnings Meet Estimates (Zacks)
04:15PM	Independent Bank Corp. Reports First Quarter Net Income of $53.1 Million (Business Wire)
Apr-11-22 04:10PM	Independent Bank Corp.s Announcement of Date of First Quarter Conference Call (Business Wire)
02:16PM	Rockland Trust shares top spot in New England customer survey (American City Business Journals)
Mar-18-22 09:59AM	What Is The Ownership Structure Like For Independent Bank Corp. (NASDAQ:INDB)? (Simply Wall St.)
Mar-17-22 04:10PM	Independent Bank Corp. Announces a 6% Increase in Quarterly Dividend (Business Wire)
Feb-16-22 10:29AM	Here's Why Independent Bank (INDB) Stock is Worth Buying Now (Zacks)
Feb-07-22 04:15PM	Independent Bank Corp. COO Robert D. Cozzone and CFO Mark J. Ruggiero to Participate in the 2022 KBW Winter Financial Services Symposium (Business Wire)
Feb-04-22 09:38AM	Salzhauer Michael Buys Bank of America Corp, Wells Fargo, Citigroup Inc, Sells , , (GuruFocus.com)
Feb-03-22 01:38PM	Taylor Investment Counselors Llc Buys Western Midstream Partners LP, iShares Russell 2000 Value ... (GuruFocus.com)
Jan-26-22 01:38PM	SummerHaven Investment Management, LLC Buys Independent Bank Corp, Sells Echo Global Logistics Inc, (GuruFocus.com)
Jan-25-22 09:38AM	Hennessy Advisors Inc Buys ONEOK Inc, ArcBest Corp, Alcoa Corp, Sells Vista Outdoor Inc, LPL ... (GuruFocus.com)
Jan-20-22 05:45PM	Independent Bank Corp. (INDB) Q4 Earnings and Revenues Surpass Estimates (Zacks)
04:15PM	Independent Bank Corp. Reports Fourth Quarter Net Income of $1.7 Million (Business Wire)
Jan-13-22 03:00PM	Analysts Estimate Independent Bank Corp. (INDB) to Report a Decline in Earnings: What to Look Out for (Zacks)
Jan-10-22 04:15PM	Independent Bank Corp.s Announcement of Date of Fourth Quarter Conference Call (Business Wire)
01:38PM	Beese Fulmer Investment Management, Inc. Buys PIMCO Enhanced Short Maturity Active ... (GuruFocus.com)
Dec-18-21 06:29AM	Should You Buy Independent Bank Corp. (NASDAQ:INDB) For Its Upcoming Dividend? (Simply Wall St.)
Dec-09-21 04:10PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire)
08:00AM	Drew Company Receives $27.6 Million in Financing from Rockland Trust for SkySail at Driftway, a New Residential Project in Scituate, MA (PR Newswire)
Nov-12-21 04:10PM	Independent Bank Corp. and Rockland Trust Complete Meridian Bancorp, Inc. and East Boston Savings Bank Acquisition (Business Wire)
02:44PM	Eastern Bank, Rockland Trust closing on major mergers (American City Business Journals)
Nov-05-21 04:25PM	Independent Bank Corp. and Meridian Bancorp, Inc. Report Receipt of All Regulatory Approvals and Anticipated Closing Date (Business Wire)
Oct-22-21 01:30PM	Independent Bank Corp (INDB) Q3 2021 Earnings Call Transcript (Motley Fool)
Oct-21-21 06:05PM	Independent Bank Corp. (INDB) Q3 Earnings Top Estimates (Zacks)
Oct-14-21 03:01PM	Earnings Preview: Independent Bank Corp. (INDB) Q3 Earnings Expected to Decline (Zacks)
Oct-04-21 04:15PM	Independent Bank Corp.s Announcement of Date of Third Quarter Conference Call (Business Wire)
Sep-20-21 08:14AM	Those who invested in Independent Bank (NASDAQ:INDB) five years ago are up 49% (Simply Wall St.)
Sep-16-21 04:15PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire)
Aug-19-21 04:10PM	Independent Bank Corp. and Rockland Trust Company Appoint Susan Perry ODay to Board of Directors (Business Wire)
Aug-06-21 09:33AM	Independent Bank (INDB), Meridian (EBSB) Get Merger Approval (Zacks)
Aug-05-21 04:10PM	Independent Bank Corp. and Meridian Bancorp, Inc. Receive Shareholder Approval for Merger (Business Wire)
Jul-23-21 03:00PM	Independent Bank Corp (INDB) Q2 2021 Earnings Call Transcript (Motley Fool)
Jul-22-21 05:45PM	Independent Bank Corp. (INDB) Beats Q2 Earnings Estimates (Zacks)
04:15PM	Independent Bank Corp. Reports Second Quarter Net Income of $37.6 Million (Business Wire)
Jul-16-21 03:00PM	Independent Bank Corp. (INDB) Reports Next Week: Wall Street Expects Earnings Growth (Zacks)
Jul-06-21 04:10PM	Independent Bank Corp.s Announcement of Date of Second Quarter Conference Call (Business Wire)
Jun-22-21 03:00PM	SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates SPRT, KNL, INDB, SOLY; Shareholders are Encouraged to Contact the Firm (ACCESSWIRE)
09:35AM	Lifshitz Law Firm, P.C. Announces Investigation of FBNC, INDB, INSW, and RAVN (ACCESSWIRE)
05:15AM	Independent Bank (NASDAQ:INDB) Could Be A Buy For Its Upcoming Dividend (Simply Wall St.)
Jun-21-21 09:00AM	SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates INDB, GRA, FCBP, VER; Shareholders are Encouraged to Contact the Firm (GlobeNewswire)
03:29AM	Are Institutions Heavily Invested In Independent Bank Corp.'s (NASDAQ:INDB) Shares? (Simply Wall St.)
Jun-18-21 07:32PM	Lifshitz Law Firm, P.C. Announces Investigation of FBNC, INDB, INSW, and USCR (ACCESSWIRE)
Jun-17-21 04:15PM	Independent Bank Corp. Announces Quarterly Dividend (Business Wire)
Jun-16-21 11:45AM	Why Independent Bank Corp. (INDB) is a Top Dividend Stock for Your Portfolio (Zacks)
Jun-15-21 11:31PM	INVESTIGATION ALERT: Halper Sadeh LLP Investigates INDB, CORE, MDP, MNR; Shareholders are Encouraged to Contact the Firm (PR Newswire)
04:09PM	Lifshitz Law Firm, P.C. Announces Investigation of INDB, NTWN, TGRF and USCR (GlobeNewswire)
Jun-08-21 02:25PM	SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PFPT, INDB, EBSB, MDP, MLHR, GRA; Shareholders are Encouraged to Contact the Firm (PR Newswire)
Jun-04-21 07:00PM	Lifshitz Law Firm, P.C. Announces Investigation of ALTA, BWL-A, CBAN, SCSG, CORE, PFGC, UFS, KIM, WRI, KNL, MLHR, LMNX, EBSB, and INDB (PR Newswire)
Jun-01-21 05:30PM	SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PFPT, INDB, CBAN, MLHR, NYCB; Shareholders are Encouraged to Contact the Firm (PR Newswire)
May-31-21 11:45AM	This is Why Independent Bank Corp. (INDB) is a Great Dividend Stock (Zacks)
May-28-21 06:30PM	Lifshitz Law Firm, P.C. Announces Investigation of ALTA, CBAN, SCSG, CORE, PFGC, UFS, KIM, WRI, KNL, MLHR, LMNX, EBSB, and INDB (PR Newswire)
06:00PM	Lifshitz Law Firm, P.C. Announces Investigation of DSSI, UFS, MLHR, and INDB (ACCESSWIRE)
May-27-21 11:45AM	INVESTIGATION ALERT: Halper Sadeh LLP Investigates KIM, MLHR, INDB, GRA; Shareholders are Encouraged to Contact the Firm (ACCESSWIRE)
May-25-21 02:00PM	Lifshitz Law Firm, P.C. Announces Investigation of MLHR, INDB, LIVK and STPC (GlobeNewswire)

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 primarily in Massachusetts. It accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial and industrial, commercial real estate and construction, small business, and consumer real estate. In addition, it provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Tengel Jeffrey J	Chief Executive Officer	May 04	Buy	48.42	2,069	100,171	21,948	May 08 04:22 PM
Jensen Barry H	Chief Technology & Ops Officer	May 02	Buy	50.66	1,000	50,660	25,049	May 02 04:47 PM
Ruggiero Mark J	CFO & EVP Consumer Lending	Apr 28	Buy	56.29	1,000	56,290	10,958	May 01 04:07 PM
Smith Scott	Director	Apr 27	Sale	55.83	1,300	72,574	2,695	May 01 04:03 PM
ODDLEIFSON CHRISTOPHER	CEO	Jan 30	Sale	77.80	1,200	93,360	0	Jan 31 04:05 PM
MISKELL EILEEN C	Director	Aug 16	Sale	87.86	858	75,387	12,647	Aug 16 04:41 PM
SEKSAY EDWARD H	General Counsel	Aug 16	Sale	88.26	700	61,784	7,336	Aug 17 04:21 PM
Cozzone Robert D	Chief Operating Officer	Aug 15	Sale	86.14	1,750	150,745	24,783	Aug 16 04:39 PM
Abelli Donna L	Director	Jul 27	Sale	83.10	750	62,325	10,734	Jul 28 04:08 PM
ODDLEIFSON CHRISTOPHER	CEO	Jun 09	Sale	80.86	3,000	242,572	99,917	Jun 13 04:30 PM
MISKELL EILEEN C	Director	Jun 09	Sale	81.04	1,123	91,012	13,435	Jun 14 04:17 PM

open in yahoo | open in reuters | open in marketwatch | open in google | open in EDGAR

INDB | Independent Bank Corp.

Upgrade your FINVIZ experience