Independent Bank Corp. (Massachusetts) (INDB) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Atlantic Union Bankshares Corp.

Eastern Bankshares, Inc.

Independent Bank Corp. (Massachusetts)

First BanCorp (Puerto Rico)

International Bancshares Corp.

Cathay General Bancorp

Ameris Bancorp

CVB Financial Corp.

EVERTEC, Inc.

First Hawaiian, Inc.

First Interstate BancSystem, Inc.

Why is Independent Bank Corp. (Massachusetts) ?

High Profitability with a Net Interest Margin of 13.04%

Strong Long Term Fundamental Strength with a 14.17% CAGR growth in Net Profits

Positive results in Dec 25

NII(Q) Highest at USD 212.49 MM
CASH AND EQV(HY) Highest at USD 433.16 MM
DIVIDEND PER SHARE(HY) Highest at USD 0

With ROA of 0.58%, it has a fair valuation with a 0.97 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 21.37%, its profits have risen by 2.8% ; the PEG ratio of the company is 6

High Institutional Holdings at 90.41%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Independent Bank Corp. (Massachusetts) should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Independent Bank Corp. (Massachusetts) for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

Independent Bank Corp. (Massachusetts)

25.91%

1.92

31.40%

S&P 500

17.78%

0.92

19.35%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

20.52%

EBIT Growth (5y)

13.50%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

53.15%

Pledged Shares

Institutional Holding

90.41%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.97

EV to EBIT

14.67

EV to EBITDA

12.61

EV to Capital Employed

0.96

EV to Sales

3.45

PEG Ratio

6.04

Dividend Yield

301.61%

ROCE (Latest)

6.57%

ROE (Latest)

5.71%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

17What is working for the Company

NII(Q)

Highest at USD 212.49 MM

CASH AND EQV(HY)

Highest at USD 433.16 MM

DIVIDEND PER SHARE(HY)

Highest at USD 0

NET SALES(Q)

Highest at USD 297.54 MM

OPERATING PROFIT(Q)

Highest at USD 107.16 MM

OPERATING PROFIT MARGIN(Q)

Highest at 36.02 %

PRE-TAX PROFIT(Q)

Highest at USD 107.16 MM

NET PROFIT(Q)

Highest at USD 85.15 MM

EPS(Q)

Highest at USD 1.52

-3What is not working for the Company

OPERATING CASH FLOW(Y)

Lowest at USD 172.58 MM

Here's what is working for Independent Bank Corp. (Massachusetts)

NII

Highest at USD 212.49 MM and Grown

In each period in the last five periods

MOJO Watch

The bank's income from core business is increasing

Net NPA

Net Sales

Highest at USD 297.54 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Net Sales

At USD 297.54 MM has Grown at 37.54%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Operating Profit

Highest at USD 107.16 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (USD MM)

Operating Profit Margin

Highest at 36.02 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at USD 107.16 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Pre-Tax Profit

At USD 107.16 MM has Grown at 65.29%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Net Profit

Highest at USD 85.15 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

Net Profit

At USD 85.15 MM has Grown at 65.19%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

EPS

Highest at USD 1.52

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Cash and Eqv

Highest at USD 433.16 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Dividend per share

Highest at USD 0

in the last five years

MOJO Watch

Company is distributing higher dividend from profits generated

DPS (USD)

Here's what is not working for Independent Bank Corp. (Massachusetts)

Operating Cash Flow

Lowest at USD 172.58 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (USD MM)