INDB Stock Price, Chart, Stats & News

Independent Bank Corp.
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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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