What is Independent Bank?
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.
INDB · Verdict
Solid reward · moderate risk
INDB stands out on profitability and volatility, but watch the balance sheet signal.
Based on 88% data coverage
INDB · Verdict
18% net margin · 6% ROE
Above average
Interest covered 0.9×
Model-based scoring. For information only — not financial advice.
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. The company is listed on the NASDAQ in USA, operating in the Financial Services sector, with a market capitalisation of 4.05B, and a P/E ratio of 18.4x.
The scoring profile indicates moderate reward potential, with profitability and valuation as the leading contributors. Risk indicators are moderate, consistent with typical market exposure.
For informational purposes only. Not financial advice.