Stock events for Independent Bank Corp. (Massachusetts) (INDB)
Independent Bank Corp. completed its acquisition of Enterprise Bancorp, Inc. on July 1, 2025, for approximately $562 million. The company reported its Third Quarter 2025 net income of $34.3 million, or $0.69 diluted EPS, on October 16, 2025. Independent Bank Corp. announced quarterly dividends of $0.59 per share on December 10, 2025, and September 18, 2025. The company is scheduled to release its Fourth Quarter 2025 earnings on January 22, 2026. Analyst ratings in January 2025 showed a consensus "Buy" rating with an average 12-month price target of $75.2.
Demand Seasonality affecting Independent Bank Corp. (Massachusetts)’s stock price
Based on seasonal chart analysis for Independent Bank Corp. (INDB) stock performance over the past 20 years, a period of seasonal strength has been observed from May 14 to August 16. For the broader Financial sector, the period of seasonal strength typically runs from November 22 to April 13. Specific information detailing the demand seasonality for Independent Bank Corp.'s products and services is not explicitly provided.
Overview of Independent Bank Corp. (Massachusetts)’s business
Independent Bank Corp. operates as a bank holding company for Rockland Trust Company, offering commercial banking, retail banking, and wealth management services. Its products include commercial real estate, construction, industrial, small business, residential mortgages, and home equity loans, as well as various deposit accounts. The bank also provides investment and insurance products, along with mobile, online, and telephone banking services.
INDB’s Geographic footprint
The company's primary geographic footprint for retail branches and deposit gathering is Eastern Massachusetts and Worcester County. It also has commercial banking and investment management offices in Massachusetts, New Hampshire, and Rhode Island. The majority of its loans are made to residents and businesses within its market area in Eastern Massachusetts and Rhode Island.
INDB Corporate Image Assessment
Information regarding specific events that have affected Independent Bank Corp.'s brand reputation in the past year is not readily available. The most recent positive mention found is from 2018, when Rockland Trust Company was named to The Boston Globe's "Top Places to Work" list for the 10th consecutive year.
Ownership
Independent Bank Corp.'s ownership is predominantly held by institutional investors, controlling approximately 79.77% of the company's shares as of July 1, 2025. Major institutional stakeholders include BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors, L.P., and State Street Investment Management (US). Insider ownership stood at about 0.78% as of July 1, 2025.
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$74.81