Independent Bank Corp.
INDB

$2.8 B
Marketcap
$66.02
Share price
Country
$0.52
Change (1 day)
$77.23
Year High
$45.11
Year Low
Categories

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 primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

marketcap

P/E ratio for Independent Bank Corp. (INDB)

P/E ratio as of 2023: 12.14

According to Independent Bank Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.14. At the end of 2022 the company had a P/E ratio of 14.84.

P/E ratio history for Independent Bank Corp. from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 12.14
2022 14.84
2021 23.50
2020 20.05
2019 16.54
2018 15.95
2017 21.86
2016 24.27
2015 18.54
2014 17.10
2013 17.91
2012 14.79
2011 12.87
2010 14.24
2009 17.82
2008 17.13
2007 13.46
2006 16.38
2005 13.21
2004 16.38
2003 15.59
2002 13.11
2001 13.93
2000 11.72
1999 10.43
1998 15.90
1997 18.95
1996 13.13
1995 10.38
1994 9.38
1993 14.47
1992 84.50
1991 -0.66
1990 -0.87
1989 7.33
1988 6.14
1987 6.40
1986 9.89
1985 12.45