INDB
Price:
$83.27
Market Cap:
$4.02B
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth...[Read more]
Industry
Banks - Regional
IPO Date
1986-05-14
Stock Exchange
NASDAQ
Ticker
INDB
According to Independent Bank Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -13.23% compared to the average of 0.07 of the last 4 quarters.
The mean historical Current Ratio of Independent Bank Corp. over the last ten years is 0.15. The current 0.06 Current Ratio has changed 3.96% with respect to the historical average. Over the past ten years (40 quarters), INDB's Current Ratio was at its highest in in the September 2021 quarter at 0.28. The Current Ratio was at its lowest in in the December 2025 quarter at 0.02.
Average
0.15
Median
0.10
Minimum
0.02
Maximum
0.55
Discovering the peaks and valleys of Independent Bank Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 2.20%
Maximum Annual Current Ratio = 0.55
Minimum Annual Increase = -77.12%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.55 | 2.20% |
| 2024 | 0.02 | -77.12% |
| 2023 | 0.10 | -4.98% |
| 2022 | 0.11 | -51.03% |
| 2021 | 0.23 | 44.90% |
| 2020 | 0.16 | 146.36% |
| 2019 | 0.06 | -31.02% |
| 2018 | 0.09 | -3.79% |
| 2017 | 0.10 | -3.98% |
| 2016 | 0.10 | -5.64% |
The current Current Ratio of Independent Bank Corp. (INDB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.23
5-year avg
0.20
10-year avg
0.15
Independent Bank Corp.’s Current Ratio is less than First Interstate BancSystem, Inc. (0.68), less than Renasant Corporation (3.98), less than Banco BBVA Argentina S.A. (43.04), less than Associated Banc-Corp (15.52), greater than Webster Financial Corporation (0.04), less than Fulton Financial Corporation (0.13), greater than Cathay General Bancorp (0.01), greater than United Community Banks, Inc. (0.01), greater than Eastern Bankshares, Inc. (0.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.68 | $3.60B | |
| 3.98 | $3.95B | |
| 43.04 | $4.21B | |
| 15.52 | $4.91B | |
| 0.04 | $11.98B | |
| 0.13 | $4.46B | |
| 0.01 | $4.09B | |
| 0.01 | $4.15B | |
| 0.03 | $4.80B |
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What is the 5-year average Current Ratio for Independent Bank Corp. (INDB)?
How does the current Current Ratio for Independent Bank Corp. (INDB) compare to its historical average?