Independent Bank Corp. (Massachusetts)

How big is Independent Bank Corp. (Massachusetts)?

As of Jun 18, Independent Bank Corp. (Massachusetts) has a market capitalization of $2.61 billion, with total assets of $19.37 billion and shareholder's funds of $2.99 billion.

As of Jun 18, Independent Bank Corp. (Massachusetts) has a market capitalization of 2,610.81 million, categorizing it as a Small Cap company.<BR><BR>As of Jun 18, the company reported a sum of interest earned for the latest four quarters amounting to 856.62 million and a net profit of 188.73 million.<BR><BR>As of Dec 24, the reporting period shows Shareholder's Funds at 2,993.12 million and Total Assets at 19,373.56 million.

What does Independent Bank Corp. (Massachusetts) do?

Independent Bank Corp. (Massachusetts) is a small-cap bank holding company in the Regional Banks industry, with recent net sales of $212 million and a net profit of $44 million. Key metrics include a P/E ratio of 14.00, a dividend yield of 388.81%, and a market cap of approximately $2.61 billion.

Overview: <BR>Independent Bank Corp. (Massachusetts) is a bank holding company operating in the Regional Banks industry, with a market cap in the small-cap bracket.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 212 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 44 Million (Quarterly Results - Mar 2025) <BR>Market cap: USD 2,610.81 Million (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Dividend Yield: 388.81% <BR>Debt Equity: 0.00 <BR>Return on Equity: 6.30% <BR>Price to Book: 0.86<BR><BR>Contact Details: <BR>Address: 288 Union St, ROCKLAND MA: 02370-1803 <BR>Tel: ['1 781 8786100', '1 616 4473914'] <BR>Website: https://www.independentbank.com/

Should I buy, sell or hold Independent Bank Corp. (Massachusetts)?

Who are in the management team of Independent Bank Corp. (Massachusetts)?

As of March 2022, the management team of Independent Bank Corp. (Massachusetts) includes President and CEO Christopher Oddleifson, Directors Dennis Archer, Gerard Nadeau, and independent directors Donna Abelli, Michael Hogan, and Kevin Jones, who oversee the company's operations and strategy.

As of March 2022, the management team of Independent Bank Corp. (Massachusetts) includes the following individuals:<BR><BR>- Mr. Christopher Oddleifson: President, Chief Executive Officer, Director of the Company, and Chief Executive Officer of Rockland Trust.<BR>- Mr. Dennis Archer: Director.<BR>- Mr. Gerard Nadeau: Director and President of Rockland Trust.<BR>- Ms. Donna Abelli: Independent Director.<BR>- Mr. Michael Hogan: Independent Director.<BR>- Mr. Kevin Jones: Independent Director. <BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Is Independent Bank Corp. (Massachusetts) overvalued or undervalued?

As of June 30, 2025, Independent Bank Corp. is fairly valued with a P/E ratio of 14 and a Price to Book Value of 0.90, showing competitive metrics compared to peers like Ameris Bancorp and First BanCorp, despite its recent performance slightly outperforming the S&P 500 year-to-date but lagging over the longer term.

As of 30 June 2025, the valuation grade for Independent Bank Corp. (Massachusetts) moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 14, while the Price to Book Value is 0.90, and the EV to EBIT is 13.82, indicating that the stock is reasonably priced compared to its earnings and book value.<BR><BR>In comparison to its peers, Ameris Bancorp has a P/E of 13.35, and First BanCorp (Puerto Rico) has a P/E of 12.69, both suggesting a competitive valuation landscape within the regional banks sector. Notably, while Independent Bank Corp. has shown a YTD return of 13.48%, slightly outperforming the S&P 500's 12.22%, its longer-term performance over three and five years has lagged behind the broader market, which may warrant further scrutiny.

Is Independent Bank Corp. (Massachusetts) technically bullish or bearish?

As of August 19, 2025, Independent Bank Corp. (Massachusetts) has a bullish technical trend, supported by positive indicators, though it has underperformed the S&P 500 over the long term despite recent short-term gains.

As of 19 August 2025, the technical trend for Independent Bank Corp. (Massachusetts) has changed from mildly bullish to bullish. The current technical stance is bullish, supported by bullish signals in the MACD, Bollinger Bands, and moving averages across various time frames. The KST also indicates bullish momentum on both weekly and monthly charts. However, the Dow Theory shows a mildly bullish stance on the weekly and monthly time frames, while the OBV is mildly bearish on the weekly chart.<BR><BR>In terms of performance, the stock has outperformed the S&P 500 over the past week and month, returning 3.92% and 8.93% respectively, compared to the S&P 500's 1.05% and 2.33%. However, over longer periods, such as 3 years and 5 years, the stock has significantly underperformed the benchmark.