Independent Bank (NASDAQ:INDB) reported quarterly earnings of $1.12 per share which missed the analyst consensus estimate of $1.15 by 2.61 percent.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $74.00 | Mkt Perform → Strong Buy | Raymond James |
| 7/22/2024 | $65.00 | Neutral → Buy | Seaport Research Partners |
| 10/23/2023 | Sell → Neutral | Seaport Research Partners | |
| 9/12/2023 | $45.00 | Sell | Seaport Research Partners |
| 12/21/2022 | Mkt Perform | Raymond James | |
| 12/13/2022 | $100.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 10/25/2021 | $82.00 → $88.00 | Overweight → Neutral | Piper Sandler |
Seaport Global analyst Laurie Havener Hunsicker upgrades Independent Bank (NASDAQ:INDB) from Neutral to Buy and announces $65 price target.
Independent Bank (NASDAQ:INDB) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $1.11 by 9.01 percent. This is a 14.79 percent decrease over earnings of $1.42 per share from the same period last year.
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
Results marked by higher revenues, increased credit provision, and deposit growth Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2024 third quarter net income of $42.9 million, or $1.01 per diluted share, compared to 2024 second quarter net income of $51.3 million, or $1.21 per diluted share. The decline in net income was largely attributable to an increase in the Company's loan loss provision compared to the prior quarter, partially mitigated by higher revenue levels. The increased loan loss provision was primarily attributable to a reserve allocation associated with one commercial real estate loan, while total levels of criti
Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss third quarter results on Friday, October 18, 2024, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conference by navigating to https://dpregister.com/sreg/10191403/fd2e3a95ee, which will provide a unique PIN to the participant which allows immediate access to the call. A replay of the call will be available by calling 877-344-7529, Replay Conference Number: 8729400 which will be available through October 25, 2024. Internet access to the c
The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.57 per share dividend. The dividend will be payable on October 4, 2024, to stockholders of record as of the close of business on September 30, 2024. Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts and Worcester County as well as commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insura
SC 13G - INDEPENDENT BANK CORP (0000776901) (Subject)
SC 13G/A - INDEPENDENT BANK CORP (0000776901) (Subject)
SC 13G - INDEPENDENT BANK CORP (0000776901) (Subject)
Raymond James upgraded Independent Bank from Mkt Perform to Strong Buy and set a new price target of $74.00
Seaport Research Partners upgraded Independent Bank from Neutral to Buy and set a new price target of $65.00
Seaport Research Partners upgraded Independent Bank from Sell to Neutral
8-K - INDEPENDENT BANK CORP (0000776901) (Filer)
8-K - INDEPENDENT BANK CORP (0000776901) (Filer)
8-K - INDEPENDENT BANK CORP (0000776901) (Filer)
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
4 - INDEPENDENT BANK CORP (0000776901) (Issuer)
Results marked by higher revenues, increased credit provision, and deposit growth Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2024 third quarter net income of $42.9 million, or $1.01 per diluted share, compared to 2024 second quarter net income of $51.3 million, or $1.21 per diluted share. The decline in net income was largely attributable to an increase in the Company's loan loss provision compared to the prior quarter, partially mitigated by higher revenue levels. The increased loan loss provision was primarily attributable to a reserve allocation associated with one commercial real estate loan, while total levels of criti
Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss third quarter results on Friday, October 18, 2024, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conference by navigating to https://dpregister.com/sreg/10191403/fd2e3a95ee, which will provide a unique PIN to the participant which allows immediate access to the call. A replay of the call will be available by calling 877-344-7529, Replay Conference Number: 8729400 which will be available through October 25, 2024. Internet access to the c
The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.57 per share dividend. The dividend will be payable on October 4, 2024, to stockholders of record as of the close of business on September 30, 2024. Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts and Worcester County as well as commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insura
Accomplished commercial banker Tengel to take helm as Oddleifson retires after two decades as CEO Rockland Trust Company and its bank holding company parent Independent Bank Corp. (NASDAQ Global Select Market: INDB) today announced the appointment of Jeffrey J. Tengel as the successor to current Chief Executive Officer, Christopher Oddleifson, effective on or about February 6, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230106005465/en/Jeffrey J. Tengel (Photo: Business Wire) Oddleifson has served as the Bank's CEO since 2003. Under his leadership, Rockland Trust has grown total assets from just over $2 billion to nearl
Bank welcomes distinguished business enterprise and technology leader Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the appointment of Susan Perry O'Day to its Board of Directors effective September 1, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005742/en/(Photo: Business Wire) "We are extremely pleased to welcome Susan to our board," said Donna L. Abelli, Chair of both the Independent and Rockland Trust Board of Directors. "Susan's managerial expertise and her deep knowledge of information systems and technology will bring invaluable perspective whic