|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||80.51 - 82.76|
|52 Week Range||66.12 - 95.00|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||18.76|
|Earnings Date||Apr 17, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||1.52 (1.88%)|
|1y Target Est||84.00|
# Independent Bank Corp ### NASDAQ/NGS:INDB View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing ## Bearish sentiment Short interest | Neutral Short interest is moderate for INDB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 1. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding INDB totaled $2.05 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The bank's $727 million acquisition of Blue Hills, one of the largest in Massachusetts banking in years, is set to close in the first half of 2019.
Rockland Trust Company and Live Nation today unveiled the Rockland Trust Bank Pavilion, the new name-in-title sponsorship of Boston’s premier outdoor amphitheater located on the waterfront in the city’s Seaport neighborhood. The Rockland Trust Bank Pavilion will provide a strong neighborhood link to Rockland Trust’s existing Boston offices, including the newest Rockland Trust retail location at 93 Franklin Street and the 101 Arch Street lending and investment office at Downtown Crossing. In addition, if anticipated regulatory approvals are received, Rockland Trust’s Boston locations will also include a branch at 87 Seaport Boulevard in the Seaport District nearby the Rockland Trust Bank Pavilion following the merger of Blue Hills Bank into Rockland Trust.
Rockland Trust hasn't yet closed on its acquisition of Blue Hills Bank, but it's getting naming rights at the concert venue early.
Independent Bank Corp. (NASDAQ:INDB), operating in the financial services industry based in United States, saw a double-digit share price rise of over 10% in the past couple of months on Read More...
Shareholders of Independent Bank Corp. (INDB) (“Independent”), parent of Rockland Trust Company, approved the merger of Independent and Blue Hills Bancorp, Inc. ("Blue Hills Bancorp") pursuant to the Agreement and Plan of Merger, dated as of September 20, 2018 (the "Merger Agreement"). Subject to the terms of the Merger Agreement, Blue Hills Bancorp will merge with and into Independent, with Independent surviving the merger, and Blue Hills Bank will merge with and into Rockland Trust Company, with Rockland Trust Company surviving the merger.
Zacks.com featured expert Kevin Matras highlights: Gibraltar Industries, Unisys, K12, Blue Hills and Independent Bank
The bank opened its first-ever downtown Boston retail branch last month, on Franklin Street in the Financial District.
Independent Bank Corp. (INDB) delivered earnings and revenue surprises of -0.77% and 0.76%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Hanover, Massachusetts-based bank said it had earnings of $1.07 per share. Earnings, adjusted for one-time gains and costs, were $1.29 per share. The holding company for Rockland Trust posted revenue ...
Stockholders of Blue Hills Bancorp, Inc. (the “Company” or "Blue Hills Bancorp") (BHBK) approved the proposed merger of Blue Hills Bancorp and Independent Bancorp, Inc. ("Independent") (INDB) pursuant to the previously disclosed Agreement and Plan of Merger, dated as of September 20, 2018 (the "Merger Agreement") at Blue Hills Bancorp's special meeting of stockholders held on January 16, 2019. Subject to the terms of the Merger Agreement, Blue Hills Bancorp will merge with and into Independent, with Independent surviving the merger, and Blue Hills Bank will merge with and into Rockland Trust Company. At the effective time of the merger, Blue Hills Bancorp’s stockholders will receive in exchange for each share of Blue Hills Bancorp common stock, (i) $5.25 in cash and (ii) 0.2308 of a share of Independent common stock in accordance with the terms and conditions of the Merger Agreement.
Independent Bank Corp. (INDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Independent Bank Corp. , parent of Rockland Trust Company, will release its 2018 fourth quarter earnings press release upon the close of business on Thursday, January 17, 2019.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...
Rockland Trust celebrated the grand opening of its first retail branch in downtown Boston this morning at 93 Franklin Street with a ribbon cutting ceremony. The branch’s Financial District location and its proximity to retail businesses in Downtown Crossing will allow customers who work in the area to visit the branch on their lunch break or during their commute. To commemorate the occasion, Richard Beal, President and CEO of A.W. Perry, and Kerry Spence, President of Massachusetts Bay Lines, made the branch’s first transactions using the video tellers.
The Board of Directors of Independent Bank Corp. , parent of Rockland Trust Company, today announced a $0.38 per share dividend. The dividend will be payable on January 11, 2019, to stockholders of record as of the close of business on December 31, 2018.
Based on strong fundamentals and good growth prospects, Independent Bank (INDB) stock looks like a solid investment option now.