Independent Bank Corp. operates as a state-chartered, federally registered bank holding company for Rockland Trust Company (‘Rockland Trust’ or the ‘bank’).
The bank provides a wide range of banking, investment, and financial services, operating wit…
Analysis
Middle-of-the-road
Independent Bank Corp. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.
On valuation, the picture is attractive. The owner-earnings multiple stands at 14.8×; owner earnings: the cash an owner could take out each year.
Growth is solid and accelerating; the safety picture is adequate. The company scores 13/20 on our value-creation score: creating some value. Analysts lean positive.
No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.
360° rank · history
1007550250
Jan 202329
82
2023202420252026
All-time high
100
Jan 2025
All-time low
29
Jan 2023
Average rank
69
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
21
30
16
3
Price/Earnings
60
30
28
3
Price/Book
59
72
64
19
Dividend Yield
73
71
58
47
Value (overall)
52
55
32
3
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.