Independent Bank Corp.

Independent Bank Corp.verified

INDB

Price:

$71.6

Market Cap:

$3.04B

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 ...[Read more]

Industry

Banks - Regional

IPO Date

1986-05-14

Stock Exchange

NASDAQ

Ticker

INDB

The ROE as of December 2024 (TTM) for Independent Bank Corp. (INDB) is 6.74%

According to Independent Bank Corp.’s latest financial reports and current stock price. The company's current ROE is 6.74%. This represents a change of 299.63% compared to the average of 1.69% of the last 4 quarters.

Independent Bank Corp. (INDB) Historical ROE (quarterly & annually)

How has INDB ROE performed in the past?

The mean historical ROE of Independent Bank Corp. over the last ten years is 8.54%. The current 6.74% ROE has changed -21.03% with respect to the historical average. Over the past ten years (40 quarters), INDB's ROE was at its highest in in the September 2018 quarter at 3.31%. The ROE was at its lowest in in the December 2021 quarter at 0.06%.

Quarterly (TTM)
Annual

Average

8.54%

Median

9.00%

Minimum

4.01%

Maximum

11.33%

Independent Bank Corp. (INDB) ROE by Quarter and Year

Discovering the peaks and valleys of Independent Bank Corp. ROE, 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 = 127.99%

Maximum Annual ROE = 11.33%

Minimum Annual Increase = -43.67%

Minimum Annual ROE = 4.01%

Quarterly (TTM)
Annual
YearROEChange
20238.27%-9.48%
20229.14%127.99%
20214.01%-43.67%
20207.12%-26.41%
20199.67%-14.65%
201811.33%22.62%
20179.24%4.23%
20168.86%5.27%
20158.42%-9.88%
20149.34%9.98%

Independent Bank Corp. (INDB) Average ROE

How has INDB ROE performed in the past?

The current ROE 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

7.14%

5-year avg

7.64%

10-year avg

8.54%

Independent Bank Corp. (INDB) ROE vs. Peers

How is INDB’s ROE compared to its peers?

Independent Bank Corp.’s ROE is less than Capitol Federal Financial, Inc. (3.70%), less than BankFinancial Corporation (5.04%), less than Business First Bancshares, Inc. (9.70%), less than First Bancorp (7.27%), less than Community West Bancshares (0.44%), less than Heritage Financial Corporation (4.39%), less than HMN Financial, Inc. (4.89%), less than First Financial Northwest, Inc. (0.66%), less than Sierra Bancorp (10.48%), less than Finward Bancorp (7.60%), less than First Community Corporation (13.80%), less than First Capital, Inc. (10.83%), less than National Bank Holdings Corporation (9.92%), less than HarborOne Bancorp, Inc. (1.96%), less than Richmond Mutual Bancorporation, Inc. (6.57%), less than Cambridge Bancorp (5.38%), less than Berkshire Hills Bancorp, Inc. (3.89%), less than Eastern Bankshares, Inc. (12.01%), less than Western New England Bancorp, Inc. (4.58%), less than Northeast Community Bancorp, Inc. (16.63%), less than The First Bancshares, Inc. (7.19%),

Build a custom stock screener for Independent Bank Corp. (INDB) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Independent Bank Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Independent Bank Corp. (INDB) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Independent Bank Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Independent Bank Corp.'s ROE?

How is the ROE calculated for Independent Bank Corp. (INDB)?

What is the highest ROE for Independent Bank Corp. (INDB)?

What is the 3-year average ROE for Independent Bank Corp. (INDB)?

What is the 5-year average ROE for Independent Bank Corp. (INDB)?

How does the current ROE for Independent Bank Corp. (INDB) compare to its historical average?