Independent Bank Corp.

INDB

US4538361084

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 03/07/2024 am IST			5-day change	1st Jan Change
49.64 ^USD	+0.30%		+6.43%	-24.57%

20/06	Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	MT
20/06	Independent Bank Corp. Announces Quarterly Dividend, Payable on July 8, 2024	CI

Independent Bank Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 17, 2020 at 02:40 am IST

Independent Bank Corp. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 99.993 million compared to USD 80.292 million a year ago. Net income was USD 47.477 million compared to USD 29.934 million a year ago. Basic earnings per share was USD 1.38 compared to USD 1.08 a year ago. Diluted earnings per share was USD 1.38 compared to USD 1.07 a year ago. For the full year, net interest income was USD 393.135 million compared to USD 298.165 million a year ago. Net income was USD 165.175 million compared to USD 121.622 million a year ago. Basic earnings per share was USD 5.03 compared to USD 4.41 a year ago. Diluted earnings per share was USD 5.03 compared to USD 4.4 a year ago.

Latest news about Independent Bank Corp.

Independent Bank Keeps Quarterly Dividend at $0.57 a Share, Payable July 8 to Holders of Record July 1	21/06	MT
Independent Bank Corp. Announces Quarterly Dividend, Payable on July 8, 2024	21/06	CI
Sector Update: Financial Stocks Easing Monday Afternoon	20/05	MT
Sector Update: Financial	20/05	MT
SouthState Agrees to Buy Independent Bank Group in $2 Billion All-Stock Transaction	20/05	MT
Sector Update: Financial Stocks Steady Premarket Monday	20/05	MT
Sector Update: Financial	20/05	MT
SouthState Agrees to Acquire Independent Bank for $2 Billion	20/05	MT
SouthState to Acquire Independent Bank	20/05	MT
SouthState to Acquire Independent Bank	20/05	MT
Regional lender SouthState to buy Independent Bank for about $2 bln	20/05	RE
CyberArk to acquire Venafi in $1.5 bln deal	20/05	RE
Transcript : Independent Bank Corp. - Shareholder/Analyst Call	16/05
Earnings Flash (IBCP) INDEPENDENT BANK CORPORATION Reports Q1 EPS $0.76, vs. Street Est of $0.64	25/04	MT
North American Morning Briefing : More Tech -2-	25/04	DJ
Independent Bank Corp. Names New Board Chair	23/04	MT
Independent Bank Keeps Quarterly Dividend at $0.24 per Share, Payable May 13 to Shareholders of Record on May 3	23/04	MT
Independent Bank Group Q1 Adjusted Net Income, Revenue Fall	23/04	MT
Earnings Flash (IBTX) INDEPENDENT BANK GROUP Reports Q1 EPS $0.58, vs. Street Est of $0.63	23/04	MT
Keefe, Bruyette & Woods Adjusts Price Target on Independent Bank to $60 From $64, Maintains Market Perform Rating	22/04	MT
Transcript : Independent Bank Corp., Q1 2024 Earnings Call, Apr 19, 2024	19/04
Independent Bank Q1 Earnings, Revenue Decline	19/04	MT
Tranche Update on Independent Bank Corp.'s Equity Buyback Plan announced on October 19, 2023.	19/04	CI
Independent Bank Corp. Reports Consolidated Net Charge-Offs for the First Quarter Ended March 31, 2024	18/04	CI
Independent Bank Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	18/04	CI

Chart Independent Bank Corp.

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Company Profile

Independent Bank Corp. is a bank holding company of Rockland Trust Company (the Bank). The Bank provides a range of banking, investment and financial services, operating with over 120 retail branches, as well as a network of commercial and residential lending centers, and investment management offices primarily in Eastern Massachusetts, Worcester County, and Rhode Island. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bankâs commercial, consumer real estate, and other consumer loan portfolios consist of loans made to residents of and businesses located in the Bankâs market area. Its commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans. The Bankâs consumer portfolio consists of real estate loans comprised of residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans.

Sector

Banks

Calendar

18/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Independent Bank Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

49.64 USD

Average target price

57.5 USD

Spread / Average Target

+15.83%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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