Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
INDB
HoldHot AirIndependent Bank Corp. · Financial Services · United States · $3.9B · Avg Vol: $24M/d
COMPANY DESCRIPTION
Independent Bank Corp. is a bank holding company that operates through its subsidiary, Rockland Trust Company, providing commercial banking, retail banking, and wealth management services to individuals and businesses primarily in Massachusetts. Its competitive moat is built on strong local market presence, customer-centric approach, and reputation for community involvement, fostering deep client relationships.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 720.2M | 722.1M | 683.1M | 849.0M | 5.6% | 948.7M | 1.0B | 1.1B | 12.6% |
| EPS | 3.47 | 5.69 | 5.42 | 4.52 | 4.44 | 6.4% | 5.53 | 5.64 | 6.54 | 21.4% |
| Shares | — | 45.6M | 42.9M | 42.4M | 49.2M | +7.7% | 47.4M | — | — | — |
| Debt | — | 113.4M | 1.2B | 701.4M | 825.8M | 93.8% | 758.4M | — | — | — |
| Equity | — | 2.9B | 2.9B | 3.0B | 3.6B | 7.3% | — | — | — | — |
| Op CF | — | 421.2M | 277.0M | 229.9M | 251.2M | -15.8% | 321.7M | — | — | — |
| Inv CF | — | -1.0B | -211.7M | -33.0M | 5.0M | — | — | — | — | — |
| Fin CF | — | -1.3B | -193.9M | -201.4M | 295.8M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of INDB are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| INDB | Independent Bank Corp.(you) | $3.9B | 54 | Hold |
| PRK | Park National Corporation | $3.6B | 54 | Hold |
| NIC | Nicolet Bankshares, Inc. | $3.6B | 53 | Hold |
| FFBC | First Financial Bancorp. | $3.4B | 58 | Hold |
| RNST | Renasant Corporation | $3.8B | 61 | Hold |
| FRME | First Merchants Corporation | $2.6B | 54 | Hold |
| IBOC | International Bancshares Corporation | $4.4B | 60 | Hold |
| MCHB | Mechanics Bancorp | $3.5B | 60 | Hold |
| CBU | Community Financial System, Inc. | $3.3B | 49 | Hold |
| SFBS | ServisFirst Bancshares, Inc. | $4.7B | 60 | Hold |
Peer medians: ROE 9.5% · P/E 13.1x · Gross margin 100.0%