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INDB Stock Price, Chart, Stats & News

3.91B
Market cap
16.11x
Current P/E
11.51x
Forward P/E
2.97%
Dividend yield

INDB chart

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Fundamentals

Gross margin
67.93%
Operating margin
22.87%
Pretax margin
22.46%
Net margin
17.57%
Effective tax rate
21.76%
ROA
0.82%
ROE
6.21%
D/E
0.23x
Interest coverage ratio
0.85x

INDB valuation

P/E
16.11x
P/S
3.09x
P/B
1.02x
P/CF
14.52x
P/FCF
14.58x
P/OCF
14.52x
PEG
2.15x
EV multiple
9.85x

About

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.

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