INDB icon

Independent Bank

69.88 USD
-0.99
1.4%
At close Updated Sep 16, 4:00 PM EDT
Pre-market
After hours
69.88
0.00
0%
1 day
-1.4%
5 days
0.26%
1 month
4.5%
3 months
11.43%
6 months
8.97%
Year to date
10.59%
1 year
13.74%
5 years
27.29%
10 years
53.72%
 

About: 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: 1,837

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

36% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 25

16% more repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 93

6% more capital invested

Capital invested by funds: $2.3B [Q1] → $2.44B (+$136M) [Q2]

4.83% more ownership

Funds ownership: 86.09% [Q1] → 90.91% (+4.83%) [Q2]

1% more funds holding

Funds holding: 286 [Q1] → 290 (+4) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

98% less call options, than puts

Call options by funds: $12K | Put options by funds: $673K

Financial journalist opinion

Positive
Zacks Investment Research
15 days ago
Independent Bank Corp. (INDB) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank Corp. (INDB) have what it takes?
Independent Bank Corp. (INDB) Could Be a Great Choice
Positive
Zacks Investment Research
1 month ago
Are You Looking for a High-Growth Dividend Stock?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank Corp. (INDB) have what it takes?
Are You Looking for a High-Growth Dividend Stock?
Positive
The Motley Fool
1 month ago
Independent Bank Beats Q2 Estimates
Independent Bank Beats Q2 Estimates
Independent Bank Beats Q2 Estimates
Positive
Zacks Investment Research
1 month ago
Independent Bank Corp. (INDB) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank Corp. (INDB) have what it takes?
Independent Bank Corp. (INDB) Could Be a Great Choice
Positive
Zacks Investment Research
1 month ago
Best Income Stocks to Buy for July 22nd
BCH, BSAC and INDB made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 22, 2025.
Best Income Stocks to Buy for July 22nd
Neutral
Seeking Alpha
2 months ago
Independent Bank Corp. (INDB) Q2 2025 Earnings Call Transcript
Independent Bank Corp. (NASDAQ:INDB ) Q2 2025 Earnings Conference Call July 18, 2025 10:00 AM ET Company Participants Jeffrey J. Tengel - President, CEO & Director Mark J.
Independent Bank Corp. (INDB) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
2 months ago
Compared to Estimates, Independent Bank Corp. (INDB) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Independent Bank Corp. (INDB) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Independent Bank Corp. (INDB) Q2 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
2 months ago
Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.2 per share. This compares to earnings of $1.21 per share a year ago.
Independent Bank Corp. (INDB) Beats Q2 Earnings and Revenue Estimates
Neutral
Business Wire
2 months ago
Independent Bank Corp. Reports Second Quarter Net Income of $51.1 Million
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2025 second quarter net income of $51.1 million, or $1.20 per diluted share, as compared to 2025 first quarter net income of $44.4 million, or $1.04 per diluted share. The increase in net income was primarily driven by higher revenues and a lower loan loss provision. These financial results include pre-tax merger-related costs of $2.2 million and $1.2 m.
Independent Bank Corp. Reports Second Quarter Net Income of $51.1 Million
Neutral
Zacks Investment Research
2 months ago
Countdown to Independent Bank Corp. (INDB) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Get a deeper insight into the potential performance of Independent Bank Corp. (INDB) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Countdown to Independent Bank Corp. (INDB) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Charts implemented using Lightweight Charts™