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Independent Bank Corp

INDB | US

79.23

USD

1.28

1.64%

INDB | US
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About Independent Bank Corp

Sector

Financial Services

Industry

Banks - Regional - US

Earnings date

30/09/2024

As of date

20/04/2026

Close

79.23

Open

77.50

High

79.42

Low

77.04

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. It accepts interest checking money market and savings accounts as well as demand deposits and time certificates of deposit. The company also offers commercial and industrial commercial real estate and construction small business and consumer real estate. In addition it provides investment management and trust services to individuals institutions small businesses and charitable institutions; Internet and mobile banking services as well as estate settlement financial planning tax services and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares general securities fixed and variable annuities and life insurance products as well as advisory platforms. The company was founded in 1907 and is headquartered in Rockland Massachusetts.

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INDB | US

Risk
20.1
Sharpe
1.55
Luna's Score
67/100
Recommendation
Buy

Luna says (INDB | US)

What's Working

Strength based on increasing price with high volume

Low 6-Month Volatility (<30%)

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Market Beta (-0.4 to 0.8)

Value Stock (Price to Book < 3)

Strong Operating Margin (> 25%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

Midcap (2B - 10B USD)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

22.7%

1 month

20.1%

3 months

25.1%

6 months

24.3%

Returns

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Fundamental Ratios

PE

13.38

Fwd. PE

12.69

Price to book

0.93

Debt to equity

-

Debt to assets

-

Ent. to EBITDA

-

Ent. to rev.

4.99

PEG

11.00

Other Fundamentals

EBITDA

-

MarketCap

3.37B

MarketCap(USD)

3.37B

Div. yield

3.50

Op. margin

37.20

Erngs. growth

-26.70

Rev. growth

-12.50

Ret. on equity

6.72

Short ratio

1.92

Short perc.

1.71

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

5.05

Range1M

8.15

Range3M

14.34

Volumes: Market Activity

Volume Averages

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Rel. volume

1.59

Price X volume

42.38M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
First Interstate BancSystem IncFIBKBanks - Regional - US34.463.60B-0.46%13.20115.29%
Fidelity Southern CorporationLIONBanks - Regional - US12.453.59B0.00%n/a-367.64%
BankUnited IncBKUBanks - Regional - US47.343.54B-1.15%16.40147.96%
First Hawaiian IncFHBBanks - Regional - US27.153.47B1.23%14.1019.61%
Community Bank System IncCBUBanks - Regional - US63.373.33B0.09%19.5155.81%
Bank of Hawaii CorporationBOHBanks - Regional - US80.063.18B-0.04%18.8346.75%
Banc of California IncBANCBanks - Regional - US18.753.17B-0.79%n/a69.84%
The Bancorp IncTBBKBanks - Regional - US60.962.98B-1.20%15.2019.01%
CVB Financial CorpCVBFBanks - Regional - US20.762.90B0.39%13.3099.09%
Washington Federal IncWAFDSavings & Cooperative Banks35.22.86B-0.11%14.47137.89%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
VeriFone Systems IncPAYBuilding Products & Equipment28.973.61B1.33%102.462.10%
Prestige Brands Holdings IncPBHMedical Distribution58.682.91B0.95%17.7465.62%
Pitney Bowes IncPBIBuilding Products & Equipment13.192.37B2.73%n/a-571.93%
IMAX CorporationIMAXMedia - Diversified35.951.89B2.45%54.26110.44%
HNI CorporationHNIBuilding Products & Equipment37.851.78B-0.24%22.1276.47%
ARLO TECHNOLOGIES INCARLOBuilding Products & Equipment14.971.50B-1.45%n/a19.46%
Lincoln Educational Services CorporationLINCBuilding Products & Equipment41.141.29B-1.93%51.6088.92%
Janus International Group Inc.JBIBuilding Products & Equipment5.75835.60M3.79%11.62116.21%
HUYA IncHUYAMedia - Diversified3.16715.34M-0.63%n/a0.00%
Latham Group Inc.SWIMBuilding Products & Equipment6.18714.27M-2.52%65.1877.00%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA--25.13-
Ent. to Revenue4.9973.69Cheaper
PE Ratio13.3818.44Cheaper
Price to Book0.933,795.44Cheaper
Dividend Yield3.503.11Par
Std. Deviation (3M)25.1232.77Lower Risk
Debt to Equity-0.66-
Debt to Assets-0.08-
Market Cap3.37B2.81BPar
  • 1

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