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Blue Chip Growth

Stock Report: Independent Bank Corp. (INDB) Report Updated: Feb 01, 2016 | Print This Page

Get more stock ratings by Louis Navellier

Independent Bank Corp. (INDB)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Banks
Competitors: NKSH, FISI, CSFL, FLIC

Stock Analysis

Rating: Monthly View

February March April May June July August September October November December January

Rating: Weekly View

This Week: B down no change
Last Week: B same no change
Two Weeks Ago: B up no change
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Independent Bank Corp.© quotemedia

Company Profile

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking services in Massachusetts. Its deposit products include demand deposits, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit. The company’s loan product portfolio comprises commercial and industrial loans, commercial real estate loans, commercial construction loans, and small business loans; and consumer loans primarily comprising installment loans, overdraft protection, auto loans, unsecured loans, and loans secured by deposit accounts, as well as loans to purchase motorcycles, recreational vehicles, or boats. It also provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions. As of April 19, 2012, the company operated through 67 retail branches, 9 commercial lending centers, 3 investment management group offices, and 4 residential lending centers located in eastern Massachusetts; and 1 commercial lending center and investment management office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

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