PortViewPortView
Independent Bank Corp. logo

Independent Bank Corp. (INDB) Stock Analysis

NASDAQFinancial ServicesBanks - Regional

$81.84+2.38%
1-year price historyRange $64.39 – $87.17
52-week range$81.84
$63.33$87.50

What Independent Bank Corp. does

Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.

Key metrics

Market cap
$3.95B
P/E (TTM)
13.24
EPS (TTM)
$6.18
Beta
0.79
Dividend yield
3.01%
Revenue / share
$26.09
50-day avg
$84.24
200-day avg
$79.15
52-week high
$87.50
52-week low
$63.33
CEO
Jeffrey J. Tengel

ETFs linked to INDB

Broad-market and Financial Services sector ETFs an investor holding Independent Bank Corp. is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how INDB fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Analyze INDB in PortView →

Frequently asked questions

What is the ticker symbol for Independent Bank Corp.?
Independent Bank Corp. trades under the ticker INDB on NASDAQ.
Which exchange is INDB listed on?
INDB is listed on NASDAQ.
What sector does Independent Bank Corp. operate in?
Independent Bank Corp. is classified in the Financial Services sector (Banks - Regional industry).
How can PortView help analyze INDB in a portfolio?
PortView shows INDB's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.