INDB$69.27
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Performance
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AI INDB Summary
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Powered by LiveAIOverall Analysis
BuyIndependent Bank Corp. (INDB) presents a mixed but generally positive investment profile. Its solid fundamental performance, particularly in profitability and balance sheet health, is attractive. However, recent technical indicators suggest a potential short-term correction, while thematic growth drivers are present but not as pronounced as in high-tech sectors.
Thematic
As a regional bank, INDB benefits from broader economic trends and the stability of community banking. While not a high-growth tech play, it is positioned within the financial services sector, which is crucial for economic activity. Growth themes for INDB are more aligned with regional economic development and interest rate environments.
Fundamental
INDB exhibits strong financial health with robust profitability and a conservative balance sheet. Its consistent revenue and earnings growth, coupled with a solid dividend yield, make it an attractive investment for value and income-seeking investors.
Technical
Current technical indicators suggest a cautious outlook. The stock is trading below key short-term moving averages, and momentum oscillators are mixed, indicating potential downward pressure or a period of consolidation.
| Factor | Score |
|---|---|
| Regional Economic Growth | 75 |
| Interest Rate Sensitivity | 60 |
| Digital Transformation in Banking | 70 |
| Financial Inclusion & Community Development | 70 |
| Regulatory Environment | 50 |
| Factor | Score |
|---|---|
| Valuation | 70 |
| Profitability | 90 |
| Growth | 40 |
| Balance Sheet Health | 95 |
| Cash Flow | 85 |
| Dividends | 80 |
| Factor | Score |
|---|---|
| Trend Analysis | 40 |
| Momentum | 50 |
| Volume Confirmation | 60 |
| Support & Resistance | 40 |
| Short-term Trend (1-hour) | 30 |
AI Investing Checklist
Powered by LiveAIBullish Points (7)
Consistent EPS Beat
The company has exceeded earnings per share (EPS) estimates in 9 out of the last 12 quarters, indicating a history of strong operational performance and effective management.
Strong Cash Position
The company maintains a healthy cash and cash equivalents balance of $219.89 million as of Q4 2024, providing ample liquidity to cover short-term obligations and invest in growth opportunities.
Bearish Points (7)
Slowing Revenue Growth
Revenue growth has slowed from $722.13 million in Q4 2023 to $683.11 million in Q4 2024, indicating potential challenges in expanding top-line performance.
Declining Net Margin
Despite positive revenue, the net margin has decreased from 33.2% in Q4 2023 to 28.1% in Q4 2024, signaling potential pressure on profitability due to increased costs or competitive pricing.
Calendar
June 2025
30
Ex-Dividend Date
July 2025
7
Next Dividend Date
October 2025
17
Next Earnings Date
H: $1.58
A: $1.55
L: $1.51
H: 242.65M
A: 242.65M
L: 242.65M
Profile
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 in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
Seasonals
Price Target
79.00 USD
The 39 analysts offering 1 year price forecasts for INDB have a max estimate of 84.00 and a min estimate of 74.00.
Debt Level and Coverage
Financial Position Analysis
Ownership
Capital Structure
Valuation - Summary
Valuation - Ratios
Revenue to Profit Conversion
Balance Sheet
Income Statement
Cash Flow
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