INDB Factor Report

Data as of market close on: 5/24/2024.

Fundamental analysis of INDB using the major investing factors, including value, quality, momentum, and low volatility.
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INDEPENDENT BANK CORP (MASSACHUSETTS) (INDB) Fundamentals

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Latest Close: $50.91 Market Cap ($ mil): $2,162 Sector: Financial Industry: Money Center Banks 52 Week High: $68.75 52 Week Low: $43.28 Relative Strength: 63 Twelve Minus One Return: 17.9% Standard Deviation: 31.5% Insider Ownership: 1.13%
PE Ratio: 9.8 Price/Sales: 3.0 Price/Book: 0.8 Price/Cash Flow: 8.2 EV/EBITDA: 5.27 Dividend Yield: 4.48% Shareholder Yield: -1.19% Piotroski F Score: 6 Mohanram G Score: 4 Institutional Ownership: 84.36%
Return on Equity: 7.9% Return on Assets: 1.2% Return on Tangible Capital: N/A Return on Invested Capital: 0.0% WACC: 5.9% Debt/Equity: 0.02 LT EPS Growth: 5.1% LT Sales Growth: 20.2% Beta: 0.81 Profit Margin: 31.78%
Independent Bank Corp. is a bank holding company of Rockland Trust Company (the Bank). The Bank provides a range of banking, investment and financial services, operating with over 120 retail branches, as well as a network of commercial and residential lending centers, and investment management offices primarily in Eastern Massachusetts, Worcester County, and Rhode Island. The Bank also offers a full suite of mobile, online, and telephone banking services. The Bank's commercial, consumer real estate, and other consumer loan portfolios consist of loans made to residents of and businesses located in the Bank's market area. Its commercial loans consist of commercial real estate loans, commercial construction loans, commercial and industrial loans, and small business loans. The Bank's consumer portfolio consists of real estate loans comprised of residential mortgages and home equity loans and lines, all secured by one-to-four family residential properties, as well as other consumer loans.

Factor Profile

INDB's exposure to the major factors (100 is highest).

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