Finance
Banking
Commercial Banking
Independent Bank Inc.
$77.629876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.9876543210-$,.
$77.62
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-$1.77 (-2.23%) Today
$0.00 (0.00%) After Hours
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About
Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in sale of retail investments and insurance products in Massachusetts. Read More It offers deposit products, including demand deposits, interest checking, money market accounts, savings accounts and time certificates of deposit. The company provides real estate loans, which include commercial mortgages that are secured by non-residential properties; residential mortgages that are secured primarily by owner-occupied residences; and mortgages for the construction of commercial and residential properties. Independent Bank was founded in 1985 and is headquartered in Rockland, MA.
Employees
1,188
Headquarters
Rockland, Massachusetts
Founded
1985
Market Cap
2.23B
Price-Earnings Ratio
17.64
Dividend Yield
2.16
Average Volume
98.78K
High Today
$79.68
Low Today
$77.52
Open Price
$79.13
Volume
20.35K
52 Week High
$95.00
52 Week Low
$66.12
Collections
Finance
Banking
Commercial Banking
Retail Banking
Investment Services
Retail
Insurance
Real Estate
News
TradingNewsNowMar 15
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...
Price Paid on Robinhood
10% Higher
Right Now
52 Week Low
$66.12
Average Price Paid
$70.36
52 Week High
$95.00
Earnings
$0.80
$0.96
$1.13
$1.29
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Estimated
—
Actual
Expected Apr 18, After Hours