I
62.35
0.78 (1.27%)
| Previous Close | 61.57 |
| Open | 64.53 |
| Volume | 179,345 |
| Avg. Volume (3M) | 256,010 |
| Market Cap | 2,648,821,248 |
| Price / Earnings (TTM) | 13.55 |
| Price / Sales | 3.63 |
| Price / Book | 0.840 |
| 52 Weeks Range | |
| Earnings Date | 16 Jan 2025 - 20 Jan 2025 |
| TTM Dividend Yield | 3.63% |
| Profit Margin | 31.68% |
| Operating Margin (TTM) | 42.53% |
| Diluted EPS (TTM) | 4.97 |
| Quarterly Revenue Growth (YOY) | -7.00% |
| Quarterly Earnings Growth (YOY) | -18.10% |
| Return on Assets (TTM) | 1.11% |
| Return on Equity (TTM) | 7.44% |
Market Trend
| Short Term | Medium Term | ||
| Industry | Banks - Regional (US) | Bullish | Bullish |
| Banks - Regional (Global) | Bullish | Bullish | |
| Stock | Independent Bank Corp. | Bullish | Bullish |
Stockmoo Score
0.9
| Analyst Consensus | 3.0 |
| Insider Activity | NA |
| Price Volatility | -3.5 |
| Technical Moving Averages | 0.0 |
| Technical Oscillators | 4.0 |
| Average | 0.88 |
|
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. |
|
| Sector | Financial Services |
| Industry | Banks - Regional |
| Investment Style | Small Value |
| % Held by Insiders | 1.15% |
| % Held by Institutions | 83.68% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Victory Capital Management Inc | 30 Jun 2024 | 1,701,156 |
| Macquarie Group Ltd | 30 Jun 2024 | 986,467 |
| Rockland Trust Co | 30 Sep 2024 | 643,901 |
| Boston Trust Walden Corp | 30 Jun 2024 | 634,960 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 74.00 (Raymond James, 18.69%) | Buy |
| Median | 65.00 (4.25%) | |
| Low | 65.00 (Seaport Global, 4.25%) | Buy |
| 65.00 (Keefe, Bruyette & Woods, 4.25%) | Hold | |
| Average | 68.00 (9.06%) | |
| Total | 2 Buy, 1 Hold | |
| Avg. Price @ Call | 62.19 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Keefe, Bruyette & Woods | 21 Oct 2024 | 65.00 (4.25%) | Hold | 62.35 |
| Raymond James | 21 Oct 2024 | 74.00 (18.68%) | Buy | 62.35 |
| Seaport Global | 22 Jul 2024 | 65.00 (4.25%) | Buy | 61.86 |
No data within this time range.
| Date | Type | Details |
|---|---|---|
| 17 Oct 2024 | Announcement | Independent Bank Corp. Reports Third Quarter Net Income of $42.9 Million |
| 07 Oct 2024 | Announcement | Independent Bank Corp.’s Announcement of Date of Third Quarter Conference Call |
| 19 Sep 2024 | Announcement | Independent Bank Corp. Announces Quarterly Dividend |
| TTM Dividend Yield | 3.63% |
| 5Y Average Dividend Yield | 2.52% |
| Payout Ratio | 45.07% |
| Expected Next Dividend Payment | Jan 2025 |
| Ex Date | Announcement Date | Payment Date | Details |
|---|---|---|---|
| 30 Sep 2024 | 19 Sep 2024 | 04 Oct 2024 | 0.57 Cash |
| 01 Jul 2024 | 20 Jun 2024 | 08 Jul 2024 | 0.57 Cash |
| 28 Mar 2024 | 21 Mar 2024 | 05 Apr 2024 | 0.57 Cash |
| 22 Dec 2023 | 14 Dec 2023 | 05 Jan 2024 | 0.55 Cash |
| 29 Sep 2023 | 21 Sep 2023 | 06 Oct 2023 | 0.55 Cash |
| 23 Jun 2023 | 15 Jun 2023 | 07 Jul 2023 | 0.55 Cash |
| 24 Mar 2023 | 16 Mar 2023 | 06 Apr 2023 | 0.55 Cash |
| 23 Dec 2022 | 08 Dec 2022 | 06 Jan 2023 | 0.55 Cash |
| 23 Sep 2022 | 15 Sep 2022 | 07 Oct 2022 | 0.51 Cash |
| 24 Jun 2022 | 16 Jun 2022 | 08 Jul 2022 | 0.51 Cash |
| 25 Mar 2022 | 17 Mar 2022 | 08 Apr 2022 | 0.51 Cash |
| 23 Dec 2021 | 09 Dec 2021 | 07 Jan 2022 | 0.48 Cash |
| 24 Sep 2021 | 16 Sep 2021 | 08 Oct 2021 | 0.48 Cash |
| 25 Jun 2021 | 17 Jun 2021 | 09 Jul 2021 | 0.48 Cash |
| 26 Mar 2021 | 18 Mar 2021 | 09 Apr 2021 | 0.48 Cash |
| 24 Dec 2020 | 10 Dec 2020 | 08 Jan 2021 | 0.46 Cash |
| 25 Sep 2020 | 17 Sep 2020 | 09 Oct 2020 | 0.46 Cash |
| 26 Jun 2020 | 18 Jun 2020 | 10 Jul 2020 | 0.46 Cash |
| 27 Mar 2020 | 19 Mar 2020 | 09 Apr 2020 | 0.46 Cash |
| 27 Dec 2019 | 12 Dec 2019 | 10 Jan 2020 | 0.44 Cash |
| 27 Sep 2019 | 19 Sep 2019 | 11 Oct 2019 | 0.44 Cash |
| 28 Jun 2019 | 20 Jun 2019 | 12 Jul 2019 | 0.44 Cash |
| 22 Mar 2019 | 13 Mar 2019 | 05 Apr 2019 | 0.44 Cash |
| 28 Dec 2018 | 13 Dec 2018 | 11 Jan 2019 | 0.38 Cash |
| 28 Sep 2018 | 20 Sep 2018 | 05 Oct 2018 | 0.38 Cash |
| 29 Jun 2018 | 21 Jun 2018 | 10 Jul 2018 | 0.38 Cash |
| 23 Mar 2018 | 15 Mar 2018 | 06 Apr 2018 | 0.38 Cash |
| 22 Dec 2017 | 14 Dec 2017 | 05 Jan 2018 | 0.32 Cash |
| 29 Sep 2017 | 22 Sep 2017 | 06 Oct 2017 | 0.32 Cash |
| 22 Jun 2017 | 15 Jun 2017 | 07 Jul 2017 | 0.32 Cash |
| 23 Mar 2017 | 16 Mar 2017 | 07 Apr 2017 | 0.32 Cash |
| 21 Dec 2016 | 08 Dec 2016 | 06 Jan 2017 | 0.29 Cash |
| 22 Sep 2016 | 15 Sep 2016 | 07 Oct 2016 | 0.29 Cash |
| 23 Jun 2016 | 16 Jun 2016 | 08 Jul 2016 | 0.29 Cash |
| 23 Mar 2016 | 17 Mar 2016 | 08 Apr 2016 | 0.29 Cash |
| 23 Dec 2015 | 10 Dec 2015 | 08 Jan 2016 | 0.26 Cash |
| 24 Sep 2015 | 17 Sep 2015 | 09 Oct 2015 | 0.26 Cash |
| 25 Jun 2015 | 18 Jun 2015 | 10 Jul 2015 | 0.26 Cash |
| 26 Mar 2015 | 19 Mar 2015 | 10 Apr 2015 | 0.26 Cash |
| 24 Dec 2014 | 11 Dec 2014 | 09 Jan 2015 | 0.24 Cash |
| 25 Sep 2014 | 18 Sep 2014 | 10 Oct 2014 | 0.24 Cash |
| 26 Jun 2014 | 19 Jun 2014 | 11 Jul 2014 | 0.24 Cash |
| 27 Mar 2014 | 20 Mar 2014 | 11 Apr 2014 | 0.24 Cash |
| 26 Dec 2013 | 12 Dec 2013 | 10 Jan 2014 | 0.22 Cash |
| 26 Sep 2013 | 19 Sep 2013 | 11 Oct 2013 | 0.22 Cash |
| 27 Jun 2013 | 20 Jun 2013 | 12 Jul 2013 | 0.22 Cash |
| Show more | |||
Annual Dividend Yield
| Year | Annual Dividend ($) | Frequency/Year | Yield % |
|---|---|---|---|
| 2024 | 2.26 | 4 | 3.63 |
| 2023 | 2.20 | 4 | 3.34 |
| 2022 | 2.01 | 4 | 2.38 |
| 2021 | 1.90 | 4 | 2.33 |
| 2020 | 1.82 | 4 | 2.49 |
| 2019 | 1.70 | 4 | 2.04 |
| 2018 | 1.46 | 4 | 2.08 |
| 2017 | 1.25 | 4 | 1.79 |
| 2016 | 1.13 | 4 | 1.60 |
| 2015 | 1.02 | 4 | 2.19 |
| 2014 | 0.940 | 4 | 2.20 |
| 2013 | 0.440 | 2 | 1.13 |
| Show more | |||
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |