Company performance
Current Price
as of Mar 20, 2025$63.07
P/E Ratio
13.96
Market Cap
$2.68B
Description
Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in the sale of retail investments and insurance products in Massachusetts. 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.
Metrics
Overview
- HQRockland, MA
- SectorFinance
- IndustryRegional Banks
- TickerINDB
- Price$63.07-1.51%
Trading Information
- Market cap$2.68B
- Float98.89%
- Average Daily Volume (1m)313,940
- Average Daily Volume (3m)266,174
- EPS$4.52
Company
- Revenue$978.50M
- Rev growth (1yr)6.78%
- Net income$192.08M
- Gross marginN/A
- EBITDA marginN/A
- EBITDAN/A
- EV$3.30B
- EV/Revenue3.37
- P/E13.96
- P/S2.74
- P/B0.90
- Debt/Equity25.32