Independent Bank Corp/MA

INDBNASDAQUSD
76.04 USD
0.00 (0.00%)AT CLOSE (11:59 AM EDT)
76.07
0.03 (0.03%)
POST MARKET (AS OF 04:14 PM EDT)
Post Market
AS OF 04:14 PM EDT
76.07
0.03 (0.03%)
🔴Market: CLOSED
Open?$77.16
High?$77.99
Low?$75.59
Prev. Close?$76.04
Volume?332.3K
Avg. Volume?356.9K
VWAP?$76.08
Rel. Volume?0.93x
Bid / Ask
Bid?$30.34 × 200
Ask?$85.00 × 1.0K
Spread?$54.66
Midpoint?$57.67
Valuation & Ratios
Market Cap?3.7B
Shares Out?48.3M
Float?48.8M
Float %?98.4%
P/E Ratio?17.89
P/B Ratio?1.03
EPS?$4.25
Dividend?2.83%
Ex-Dividend?N/A
News
Profile
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.
Employees
2.3K
Market Cap
3.7B
Industry
STATE COMMERCIAL BANKS
Listed
1986-01-01
Address
288 UNION STREET
ROCKLAND, MA 02370
Phone: (781) 878-6100
Technical Outlook
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Fundamental Outlook
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Short Interest
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Financial Health
Current Ratio?9.85Strong
Quick Ratio?9.85Strong
Cash Ratio?0.55Adequate
Debt/Equity?0.22Low
ValuationATTRACTIVELY VALUED
Score
83/100
P/E?
17.9CHEAP
P/B?
1.03CHEAP
P/S?
3.13FAIR
P/FCF?
15.3CHEAP
EV/EBITDA?
13.2FAIR
EV/Sales?
3.60FAIR
Returns & Efficiency
ROE?
5.8%FAIR
ROA?
0.8%WEAK
Cash Flow & Enterprise
FCF?$239.3M
Enterprise Value?$4.2B
Fundamentals ratios updated end of day