INDB
Price:
$66.26
Market Cap:
$2.81B
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 ...[Read more]
Industry
Banks - Regional
IPO Date
1986-05-14
Stock Exchange
NASDAQ
Ticker
INDB
According to Independent Bank Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 14.40. This represents a change of 17.00% compared to the average of 12.31 of the last 4 quarters.
The mean historical PE Ratio of Independent Bank Corp. over the last ten years is 18.48. The current 14.40 PE Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), INDB's PE Ratio was at its highest in in the December 2021 quarter at 483.27. The PE Ratio was at its lowest in in the June 2023 quarter at 7.84.
Average
18.48
Median
17.82
Minimum
12.14
Maximum
24.27
Discovering the peaks and valleys of Independent Bank Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.89%
Maximum Annual PE Ratio = 24.27
Minimum Annual Increase = -36.84%
Minimum Annual PE Ratio = 12.14
Year | PE Ratio | Change |
---|---|---|
2023 | 12.14 | -18.20% |
2022 | 14.84 | -36.84% |
2021 | 23.50 | 17.20% |
2020 | 20.05 | 21.24% |
2019 | 16.54 | 3.67% |
2018 | 15.95 | -27.04% |
2017 | 21.86 | -9.92% |
2016 | 24.27 | 30.89% |
2015 | 18.54 | 8.45% |
2014 | 17.10 | -4.56% |
The current PE Ratio of Independent Bank Corp. (INDB) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
16.83
5-year avg
17.41
10-year avg
18.48
Independent Bank Corp.’s PE Ratio is less than Capitol Federal Financial, Inc. (20.27), less than BankFinancial Corporation (19.68), greater than Business First Bancshares, Inc. (10.12), less than First Bancorp (17.97), less than Community West Bancshares (293.21), less than Heritage Financial Corporation (22.13), less than HMN Financial, Inc. (23.48), less than First Financial Northwest, Inc. (182.85), greater than Sierra Bancorp (11.35), greater than Finward Bancorp (10.84), greater than First Community Corporation (14.28), greater than First Capital, Inc. (8.95), greater than National Bank Holdings Corporation (13.43), less than HarborOne Bancorp, Inc. (43.61), less than Richmond Mutual Bancorporation, Inc. (15.72), less than Cambridge Bancorp (60.31), less than Berkshire Hills Bancorp, Inc. (30.23), greater than Eastern Bankshares, Inc. (8.98), less than Western New England Bancorp, Inc. (17.37), greater than Northeast Community Bancorp, Inc. (6.56), less than The First Bancshares, Inc. (15.58),
Company | PE Ratio | Market cap |
---|---|---|
20.27 | $787.35M | |
19.68 | $155.76M | |
10.12 | $762.76M | |
17.97 | $1.84B | |
293.21 | $368.49M | |
22.13 | $827.20M | |
23.48 | $124.97M | |
182.85 | $195.77M | |
11.35 | $420.15M | |
10.84 | $126.70M | |
14.28 | $183.91M | |
8.95 | $105.68M | |
13.43 | $1.65B | |
43.61 | $534.79M | |
15.72 | $147.27M | |
60.31 | $0 | |
30.23 | $1.23B | |
8.98 | $3.70B | |
17.37 | $191.06M | |
6.56 | $344.21M | |
15.58 | $1.08B |
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