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Independent Bank Corp. operates as a bank holding company. It provides financial services including commercial banking, mortgage lending, investments, and title services. Read More The company was founded in 1864 and is headquartered in Ionia, MI.
Grand Rapids, Michigan
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Present Technicals: Independent Bank Corp. (NASDAQ: INDB)
Independent Bank Corp. is part of the financial services sector and banking industry. The company CEO is Christopher Oddleifson. Independent Bank Corp is a provider of financial services. The company functions through the Rockland Trust Company to render commercial banking solutions including lending activities, acceptance of demand, savings and investment management. Previous Intraday Trading Performance: The INDB stock showed a previous change of -0.12% with an open at 81.92 and a close of 81.40. It rea...
Yahoo FinanceMar 14
Independent Bank Corp. Issues $50 Million in Subordinated Notes
ROCKLAND, Mass.--(BUSINESS WIRE)-- On March 14, 2019, Independent Bank Corp. (the “Company”) (Nasdaq Global Select Market: INDB) issued $50 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes Due 2029 (the “Notes”) in a private placement transaction to institutional accredited investors (the “Private Placement”). Sandler O’Neill + Partners L.P. and US Bancorp Investments, Inc. served as placement agents for the Private Placement. The Company expects the Notes to qualify as T...
Yahoo FinanceMar 14
Independent Bank Announces 16% Dividend Hike: Worth a Look?
Independent Bank Corp. INDB has raised its quarterly common stock dividend by about 16% to 44 cents per share. The dividend will be paid on Apr 5, to shareholders of record as of Mar 25, 2019. Independent Bank’s robust business model reflects the company’s commitment toward returning value to shareholders with its strong cash-generation capabilities. Prior to this revision, the company had raised its quarterly dividend to 38 cents per share in March 2018, marking an 18.75% hike. Considering last day’s...
Available Apr 22, Pre-Market