INIndependent Bank Corp. INDB · NASDAQ
$82.74 -1.16% (-$0.97)
- Market cap
- $3.97B
- Enterprise value
- $3.72B
- P/E
- 12.1x
- Forward P/E
- 11.0x
- PEG
- 2.8x
- P/S
- 3.2x
- P/FCF
- 9.3x
- EV/EBITDA
- 14.1x
- ROIC
- 5.4%
- Gross margin
- 55.4%
- Net margin
- 26.7%
- Dividend yield
- 3.00%
- Payout ratio
- 36.4%
- Net debt/EBITDA
- -0.9x
- Beta
- 0.80
- Free float
- 98.4%
About the company
Independent Bank Corp. (INDB) is an American bank holding company headquartered in Rockland, Massachusetts. The company offers a wide range of banking services, including loans, savings, asset management, and investment advisory. With a strong market presence and a focus on personal client relationships, Independent Bank Corp. has a long history of serving its clients and local communities. The company is known for its reliability and its ability to adapt to client needs. Independent Bank Corp. (INDB) shares could be suitable for investors looking to invest in the banking sector with an emphasis on personal service and local engagement.
Sector
Financial Services
Industry
Banks - Regional
CEO
Jeffrey J. Tengel
Employees
2,294
Headquarters
Rockland
Valuation
Is today's price reasonable?
- What speaks for it: The share price is below the Bulios Fair Price.
Growth and estimates
Is it growing, and what comes next?
- What speaks for it: Revenue grew by 16% a year over the last 3 years.
- What to watch: Earnings per share fell by 7.9% a year over the last 3 years.
Profitability and quality
How much of the revenue is left, and how well does the company use its capital?
- What speaks for it: Out of every 100 USD of revenue, 27 USD is left as net profit.
Financial health
Can it carry its debt?
Capital and dividends
What does the company do with the money it earns?
- What speaks for it: It has raised its dividend 15 years in a row and pays out only 36% of profit.
Analysts
What do the professionals think, and is it changing?
Owners and insiders
Who holds the stock, and what is management doing?
Segments
Which part of the company is growing?
Peer comparison
How does it compare with similar companies?
Price and risk
How does the stock behave?
Statements
Every number