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 ROE is 7.01%. This represents a change of 300.76% compared to the average of 1.75% of the last 4 quarters.
The mean historical ROE of Independent Bank Corp. over the last ten years is 7.98%. The current 7.01% ROE has changed -12.16% 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%.
Average
7.98%
Median
8.57%
Minimum
4.01%
Maximum
11.33%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 5.75% | -10.36% |
| 2024 | 6.42% | -22.42% |
| 2023 | 8.27% | -9.48% |
| 2022 | 9.14% | 127.99% |
| 2021 | 4.01% | -43.67% |
| 2020 | 7.12% | -26.41% |
| 2019 | 9.67% | -14.65% |
| 2018 | 11.33% | 22.62% |
| 2017 | 9.24% | 4.23% |
| 2016 | 8.86% | 5.27% |
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
6.81%
5-year avg
6.72%
10-year avg
7.98%
Independent Bank Corp.’s ROE is less than First Interstate BancSystem, Inc. (9.13%), less than Renasant Corporation (5.94%), less than Banco BBVA Argentina S.A. (6.79%), less than Associated Banc-Corp (10.04%), less than Webster Financial Corporation (10.80%), less than Fulton Financial Corporation (11.45%), less than Cathay General Bancorp (11.37%), less than United Community Banks, Inc. (9.41%), less than Eastern Bankshares, Inc. (9.21%),
| Company | ROE | Market cap |
|---|---|---|
| 9.13% | $3.60B | |
| 5.94% | $3.95B | |
| 6.79% | $4.21B | |
| 10.04% | $4.91B | |
| 10.80% | $11.98B | |
| 11.45% | $4.46B | |
| 11.37% | $4.09B | |
| 9.41% | $4.15B | |
| 9.21% | $4.80B |
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What is the ROE?
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What is Independent Bank Corp.'s ROE?
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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?