Stock Scorecard
Stock Summary for Independent Bank Corp (INDB) - $61.97 as of 5/9/2025 3:22:45 PM EST
Total Score
13 out of 30
Safety Score
65 out of 100
Currently on the following lists
None
Tim's Recommendation
Avoid
Growth List Algorithm Criteria for INDB
| Positive earnings growth | |
| P/E ratio less than Industry P/E Ratio | |
| P/E ratio less than Sector P/E Ratio | |
| P/E ratio that is half the growth rate (or less) | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Positive net income past year and 12 trailing months | |
| Free cash flow ratio greater than 0 and less than 10 |
Small Cap List Algorithm Criteria for INDB
| Revenue growing by at least 20% average per year over the last 5 years | |
| Market Capitalization under 2 billion | |
| Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months | |
| Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months | |
| Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year |
Dividend List Algorithm Criteria for INDB
| Declared an ex-dividend date | |
| Forward annual dividend rate greater than 2 | |
| Positive net cash position the past year and most recent quarter | |
| Equity to debt ratio greater than 0.75 for past year and most recent quarter | |
| Current ratio most recent quarter greater than 2 | |
| Cash Flow per Share greater than Trailing Dividend Rate |
Bonus Criteria for INDB
| P/E ratio less than five-year Average P/E ratio | |
| Last Price to 52 Week Low Ratio Less Than 1 | |
| Total Cash Per Share > Last Day Price | |
| P/S Ratio < 1 | |
| P/B Ratio < 1 |
Safety Rating Criteria for INDB (65 out of 100)
| Stock Price Rating (Max of 10) | 9 |
| Historical Stock Price Rating (Max of 10) | 9 |
| Stock Price Trend (Max of 10) | 2 |
| Book Value (Max of 10) | 9 |
| Book Value to Price (Max of 10) | 8 |
| Analyst Buy Ratings (Max of 5) | 3 |
| Analyst Strong Buy Ratings (Max of 5) | 0 |
| Dividend Yield Percentage (Max of 10) | 6 |
| Operating Margin (Max of 10) | 6 |
| Trading Volume (Max of 10) | 4 |
| Price to Earnings (Max of 10) | 9 |
| Geopolitical Risk Adjustment (Always 0 for USA or a Negative Number for Non-USA) | 0 |
Latest News for for INDB
Financial Details for INDB
Company Overview |
|
|---|---|
| Ticker | INDB |
| Company Name | Independent Bank Corp |
| Country | USA |
| Description | Independent Bank Corp. The company is headquartered in Rockland, Massachusetts. |
| Sector Name | FINANCE |
| Industry Name | STATE COMMERCIAL BANKS |
| Most Recent Quarter | 3/31/2025 |
| Next Earnings Date | 7/16/2025 |
Stock Price History |
|
| Last Day Price | 61.97 |
| Price 4 Years Ago | 72.66 |
| Last Day Price Updated | 5/9/2025 3:22:45 PM EST |
| Last Day Volume | 171,680 |
| Average Daily Volume | 346,241 |
| 52-Week High | 75.84 |
| 52-Week Low | 43.37 |
| Last Price to 52 Week Low | 42.89% |
Valuation Measures |
|
| Trailing PE | 14.01 |
| Industry PE | 16.15 |
| Sector PE | 18.79 |
| 5-Year Average PE | 22.34 |
| Free Cash Flow Ratio | 3.68 |
| Industry Free Cash Flow Ratio | 6.75 |
| Sector Free Cash Flow Ratio | 25.54 |
| Current Ratio Most Recent Quarter | 0.06 |
| Total Cash Per Share | 16.82 |
| Book Value Per Share Most Recent Quarter | 71.19 |
| Price to Book Ratio | 0.88 |
| Industry Price to Book Ratio | 1.05 |
| Sector Price to Book Ratio | 2.06 |
| Price to Sales Ratio Twelve Trailing Months | 4.05 |
| Industry Price to Sales Ratio Twelve Trailing Months | 3.02 |
| Sector Price to Sales Ratio Twelve Trailing Months | 3.16 |
| Analyst Buy Ratings | 2 |
| Analyst Strong Buy Ratings | 0 |
Share Statistics |
|
| Total Shares Outstanding | 42,610,300 |
| Market Capitalization | 2,640,560,291 |
| Institutional Ownership | N/A |
Dividends |
|
| Ex-Dividend Date | 3/31/2025 |
| Previous Dividend Amount | 0.5700 |
| Current Dividend Amount | 0.5900 |
| Total Years Dividend Increasing |
|
| Trailing Annual Dividend Rate | 2.30 |
| Trailing Annual Dividend Yield | 3.71% |
| Forward Annual Dividend Rate | 2.36 |
| Forward Annual Dividend Yield | 3.81% |
| 5-Year Dividend Payments Count | 20 |
| 3-Year Average Dividend Yield | 3.59% |
| 5-Year Average Dividend Yield | 3.11% |
| 1-Year Dividend Growth Rate Percentage | 3.51% |
| 3-Year Dividend Growth Rate Percentage | 1.74% |
| 5-Year Dividend Growth Rate Percentage | 5.29% |
| All-Time Dividend Growth Rate Percentage | 8.71% |
| Dividend Payout Ratio | 51.80% |
Income Statement |
|
| Quarterly Earnings Growth YOY | -7.10% |
| Annual Earnings Growth | -19.80% |
| Reported EPS 12 Trailing Months | 4.44 |
| Reported EPS Past Year | 1.06 |
| Reported EPS Prior Year | 4.55 |
| Net Income Twelve Trailing Months | 188,735,000 |
| Net Income Past Year | 192,081,000 |
| Net Income Prior Year | 239,502,000 |
| Quarterly Revenue Growth YOY | 0.40% |
| 5-Year Revenue Growth | 6.08% |
| Operating Margin Twelve Trailing Months | 37.60% |
Balance Sheet |
|
| Total Cash Most Recent Quarter | 716,844,000 |
| Total Cash Past Year | 219,890,000 |
| Total Cash Prior Year | 224,330,000 |
| Net Cash Position Most Recent Quarter | -143,030,000 |
| Net Cash Position Past Year | -481,484,000 |
| Long Term Debt Past Year | 701,374,000 |
| Long Term Debt Prior Year | 1,218,379,000 |
| Total Debt Most Recent Quarter | 859,874,000 |
| Equity to Debt Ratio Past Year | 0.81 |
| Equity to Debt Ratio Most Recent Quarter | 0.78 |
| Total Stockholder Equity Past Year | 2,993,120,000 |
| Total Stockholder Equity Prior Year | 2,895,251,000 |
| Total Stockholder Equity Most Recent Quarter | 3,033,392,000 |
Free Cash Flow |
|
| Free Cash Flow Twelve Trailing Months | 174,115,000 |
| Free Cash Flow Per Share Twelve Trailing Months | 4.09 |
| Free Cash Flow Past Year | 209,486,000 |
| Free Cash Flow Prior Year | 261,150,000 |
Options |
|
| Put/Call Ratio | 0.00 |
| Has Options | Options Chain |
| Liquidity Rating | None |
Technical Analysis |
|
| Yahoo Finance Chart | Yahoo Finance Chart |
| MACD | 0.46 |
| MACD Signal | -0.37 |
| 20-Day Bollinger Lower Band | 54.17 |
| 20-Day Bollinger Middle Band | 62.79 |
| 20-Day Bollinger Upper Band | 71.41 |
| Beta | 0.84 |
| RSI | 58.14 |
| 50-Day SMA | 60.23 |
| 150-Day SMA | 59.95 |
| 200-Day SMA | 62.78 |
System |
|
| Modified | 5/10/2025 2:37:35 AM EST |