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.
CEO: Jeffrey J. Tengel. Company website
Independent Bank Corp. (INDB) trades at $82.24, down 0.22% on the day, as of Sep 20, 2026 14:59 UTC.
Independent Bank Corp. has a market capitalisation of $3.97B, calculated from the live INDB share price and shares outstanding.
INDB trades at a trailing P/E of 14.84, from earnings per share of $5.54 over the last twelve months.
Independent Bank Corp. generated revenue of $1.25B over the trailing twelve months, which puts the stock at 3.17 times sales.
Yes. Independent Bank Corp. pays a dividend yielding 3.12% on the current share price.
INDB has traded between $63.33 and $87.50 over the past 52 weeks, and the last price is 6.0% below that high.
Yes. Independent Bank Corp. keeps 21.64% of revenue as net income over the trailing twelve months.
Wall Street analysts rate INDB Hold, with an average price target of $93.33, 13.5% above the current price.
Independent Bank Corp. is classified under the Financial Services sector and the Banks - Regional industry, and is domiciled in US.
Jeffrey J. Tengel is the chief executive of Independent Bank Corp., which employs 2,294 people.
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