The Technical Analyst
Independent Bank Corp [INDB]
Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Independent Bank Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: BUY (auto-tracking)
1.34% $52.92
America/New_York / 24 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 241.99 mill |
| EPS: | 5.18 |
| P/E: | 10.22 |
| Earnings Date: | Jul 18, 2024 |
| SharesOutstanding: | 42.37 mill |
| Avg Daily Volume: | 0.305 mill |
| RATING 2024-04-24 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Sell | |
| Return On Asset: | Neutral | |
| DE: | Neutral | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 10.22 | sector: PE -18.15 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.84x |
| Company: PE 10.22 | industry: PE 12.17 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$106.97 (102.13%) $54.05 |
| Date: 2024-04-24 |
| Expected Trading Range (DAY) |
|---|
|
$ 51.28 - 54.45 ( +/- 3.00%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-14 | Nadeau Gerard F | Buy | 2 080 | Common Stock |
| 2024-03-14 | Nadeau Gerard F | Sell | 561 | Common Stock |
| 2024-03-14 | Harris Maria S | Buy | 880 | Common Stock |
| 2024-03-14 | Harris Maria S | Sell | 237 | Common Stock |
| 2024-03-14 | Ruggiero Mark J | Buy | 1 040 | Common Stock |
| INSIDER POWER |
|---|
| 52.55 |
| Last 95 transactions |
| Buy: 71 294 | Sell: 22 703 |
Forecast:
16:00 - $52.87
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $52.87
Forecast 2: 16:00 - $52.87
Forecast 3: 16:00 - $52.87
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $52.92 (1.34% ) |
| Volume | 0.456 mill |
| Avg. Vol. | 0.305 mill |
| % of Avg. Vol | 149.50 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For INDB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $52.65 | N/A | Active |
|---|
INDB
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. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company 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 of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Latest Press Releases
2024-04-18 16:15:00 - Press Release
Independent Bank Corp. Reports First Quarter Net Income Of $47.8 Million
Rockland, mass.--(business wire)--independent bank corp. (nasdaq global select market: indb), parent of rockland trust company, today announced 2024 first quarter net income of $47.8 million, or $1.12 per diluted share, compared to 2023 fourth quarter net income of $54.8 million, or $1.26 per diluted share. the company generated a return on average assets of 1.00% and a return on average common equity of 6.63% for the first quarter of 2024, as compared to 1.13% and 7.51%, respectively, for the.
2024-04-08 16:10:00 - Press Release
Independent Bank Corp.'s Announcement Of Date Of First Quarter Conference Call
Rockland, mass.--(business wire)--independent bank corp. (nasdaq global select market: indb), parent of rockland trust company, will host its quarterly conference call to discuss first quarter results on friday, april 19, 2024, at 10:00 am eastern time. telephonic access will be available by dial-in at 888-336-7153 reference: indb. participants may also choose to pre-register for the conference by navigating to https://dpregister.com/sreg/10187383/fbe6e078df, which will provide a unique pin to.
2024-03-21 16:10:00 - Press Release
Independent Bank Corp. Announces 4% Increase In Quarterly Dividend
Rockland, mass.--(business wire)--the board of directors of independent bank corp. (nasdaq global select market: indb), parent of rockland trust company, today announced a $0.57 per share dividend, representing a $0.02 increase from the prior quarter. the dividend will be payable on april 5, 2024, to stockholders of record as of the close of business on april 1, 2024. “the 4% increase in our dividend is a reflection of the company's strong capital and long term value creation for our shareholde.
2024-02-29 16:58:00 - Press Release
Independent Bank Corp. Ceo Jeffrey Tengel And Cfo Mark J. Ruggiero To Participate In The 2024 Rbc Capital Markets Global Financial Institutions Conference
Rockland, mass.--(business wire)--jeffrey tengel, chief executive officer and mark j. ruggiero, chief financial officer and executive vice president of consumer lending of independent bank corp. (nasdaq global select market: indb) will participate in the 2024 rbc capital markets global financial institutions conference on march 5, 2024. the conference will take place at the intercontinental new york barclay, 111 e 48th street, new york, ny 10017. independent bank corp. (nasdaq global select mar.
2024-02-05 16:15:00 - Press Release
Independent Bank Corp. Ceo Jeffrey Tengel, President Gerard Nadeau And Cfo Mark J. Ruggiero To Participate In The 2024 Kbw Winter Financial Services Conference
Rockland, mass.--(business wire)--jeffrey tengel, chief executive officer, gerard nadeau, president, and mark j. ruggiero, chief financial officer and executive vice president of consumer lending of independent bank corp. (nasdaq global select market: indb) will participate in the 2024 kbw winter financial services conference on february 15, 2024. the conference will take place at the boca raton resort, 501 e. camino real, boca raton, fl 33432. independent bank corp. (nasdaq global select marke.
Latest News
2024-04-18 19:01:11 - Zacks Investment Research
Independent Bank Corp. (INDB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Independent Bank Corp. (INDB) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
2024-04-18 18:26:05 - Zacks Investment Research
Independent Bank Corp. (INDB) Lags Q1 Earnings and Revenue Estimates
Independent Bank Corp. (INDB) came out with quarterly earnings of $1.12 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.36 per share a year ago.
2024-04-15 10:21:24 - Zacks Investment Research
Curious about Independent Bank Corp. (INDB) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Independent Bank Corp. (INDB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
2024-04-08 16:10:00 - Business Wire
Independent Bank Corp.'s Announcement of Date of First Quarter Conference Call
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss first quarter results on Friday, April 19, 2024, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conference by navigating to https://dpregister.com/sreg/10187383/fbe6e078df, which will provide a unique PIN to.
2024-03-28 11:36:04 - Zacks Investment Research
5 Stocks Worth Watching on Dividend Hikes
Investors may keep a tab on stocks like INDB, NECB, STM, CMC and JPM, which have lately hiked their dividend payments.
2024-03-22 11:01:04 - Zacks Investment Research
Independent Bank Corp (INDB) Announces 3.6% Dividend Hike
Independent Bank Corp (INDB) increases its quarterly dividend by 3.6% to 57 cents per share. A strong balance sheet and decent liquidity are likely to keep the capital distribution plans sustainable.
2024-01-19 17:39:03 - Seeking Alpha
Independent Bank Corp. (INDB) Q4 2023 Earnings Call Transcript
2024-01-12 12:48:21 - Zacks Investment Research
Exploring Analyst Estimates for Independent Bank Corp. (INDB) Q4 Earnings, Beyond Revenue and EPS
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Independent Bank Corp. (INDB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
2024-01-08 16:10:00 - Business Wire
Independent Bank Corp.'s Announcement of Date of Fourth Quarter Conference Call
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss fourth quarter results on Friday, January 19, 2024, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conference by navigating to https://dpregister.com/sreg/10184797/fb2a1a15a9, which will provide a unique PIN.
2023-10-19 19:34:13 - Zacks Investment Research
Independent Bank Corp. (INDB) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Independent Bank Corp. (INDB) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.