$83.71 0.2 0.3%
Last Trade - 9:00pm
| Market Cap | £2.01bn |
| Enterprise Value | £1.99bn |
| Revenue | £349.6m |
| Position in Universe | 1957th / 6825 |
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| 290.8 | 310.3 | 341.9 | 386.7 | 508.4 | 479.2 | 469.2 | 468.8 | +10.5% | ||
| +10.0 | +9.4 | +9.4 | +41.2 | +19.6 | -36.3 | +11.7 | +1.15 | |||
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Independent Bank Corp. is a bank holding company. The Company operates through its subsidiary, Rockland Trust Company (the Bank). The Bank is a community-oriented commercial bank. Its community banking business provides a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. As of November 16, 2018, the bank operated approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, the Cape and Islands, and Rhode Island. The Bank classifies loans as commercial loans, consumer real estate loans, or other consumer loans. Commercial loans consist of commercial and industrial loans, commercial real estate loans, commercial construction loans, and small business loans. The Bank offers a range of demand deposits, interest checking, money market accounts and savings accounts.
| Last Annual | December 31st, 2020 |
| Last Interim | December 31st, 2020 |
| Incorporated | June 20, 1985 |
| Public Since | July 4, 1994 |
| No. of Shareholders: | 2,935 |
| No. of Employees: | 1,432 |
| Sector | Financials |
| Industry | Banking Services |
| Index | Nasdaq Composite , S&P 600 Small Cap , S&P Composite 1500 , |
| Exchange | NASDAQ Global Select Market |
| Shares in Issue | 33,024,909 |
| Free Float | (0.0%) |
| Eligible for |
✓
ISAs
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SIPPs
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| Address | 288 Union St, ROCKLAND, 02370-1803, United States |
| Web | https://www.independentbank.com/ |
| Phone | +1 781 8786100 |
| Contact | Stephen Erickson (IR Contact Officer) |
| Auditors | Ernst & Young LLP |
As of 9:00pm, shares in Independent Bank (Massachusetts) are trading at $83.71, giving the company a market capitalisation of £2.01bn. This share price information is delayed by 15 minutes.
Shares in Independent Bank (Massachusetts) are currently trading at $83.71 and the price has moved by 16.56% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Independent Bank (Massachusetts) price has moved by -21.44% over the past year.
Of the analysts with advisory recommendations for Independent Bank (Massachusetts), there are there are currently 1 "buy" , 3 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Independent Bank (Massachusetts) is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Independent Bank (Massachusetts) is scheduled to issue upcoming financial results on the following dates:
The Independent Bank (Massachusetts) dividend yield is 2.18% based on the trailing twelve month period.
Last year, Independent Bank (Massachusetts) paid a total dividend of 1.82, and it currently has a trailing dividend yield of 2.18%. Looking ahead, Independent Bank (Massachusetts) has not announced an ex-dividend date yet.
Independent Bank (Massachusetts) has yet to annouce their ex-dividend date. The historic dividend yield on Independent Bank (Massachusetts) shares is currently 2.18%.
To buy shares in Independent Bank (Massachusetts) you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
Shares in Independent Bank (Massachusetts) are currently trading at $83.71, giving the company a market capitalisation of £2.01bn.
Here are the trading details for Independent Bank (Massachusetts):
Based on an overall assessment of its quality, value and momentum, Independent Bank (Massachusetts) is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Shares in Independent Bank (Massachusetts) are currently priced at $83.71. At that level they are trading at 1.51% discount to the analyst consensus target price of 0.00.
Analysts covering Independent Bank (Massachusetts) currently have a consensus Earnings Per Share (EPS) forecast of 4.012 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Independent Bank (Massachusetts). Over the past six months, the relative strength of its shares against the market has been 30.85%. At the current price of $83.71, shares in Independent Bank (Massachusetts) are trading at 18.82% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Independent Bank (Massachusetts) PE ratio based on its reported earnings over the past 12 months is 23.25. The shares are currently trading at $83.71.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Independent Bank (Massachusetts)'s management team is headed by:
Here are the top five shareholders of Independent Bank (Massachusetts) based on the size of their shareholding:
