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Independent Bank Corp. Company Profile

NASDAQ: INDBFinanceMajor BanksUSD

78.21-1.18 (-1.49%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Independent Bank at a glance

Independent Bank Corp. (NASDAQ: INDB) is a Major Banks company in the Finance sector headquartered in Rockland, MA. Independent Bank is led by Mr. Jeffrey J. Tengel and employs about 2,294 people. At a market capitalization of $3.76 billion, it is considered a mid-cap company.

Its SEC Central Index Key (CIK) is 0000776901, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Independent Bank do?

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 in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
Independent Bank Corp.
Ticker
NASDAQ: INDB
Sector
Finance
Industry
Major Banks
CEO
Mr. Jeffrey J. Tengel
Employees
2,294
Headquarters
288 Union Street, Rockland, MA, United States
Phone
781 878 6100
SEC CIK
0000776901

Companies similar to Independent Bank

INDB peer companies
CompanyPrice% ChgMarket capCompare
CVBFCVB Financial Corporation21.53-1.64%$3.79Bvs INDB
WSFSWSFS Financial Corporation74.75-1.54%$3.84Bvs INDB
TCBITexas Capital Bancshares Inc.90.58-2.57%$3.94Bvs INDB
CATYCathay General Bancorp59.11-1.75%$3.94Bvs INDB
BANFBancFirst Corporation106.01-0.73%$3.56Bvs INDB
RNSTRenasant Corporation38.88-1.32%$3.55Bvs INDB
UCBUnited Community Banks Inc.33.26-1.36%$3.98Bvs INDB
WSBCWesBanco Inc.36.47-1.75%$3.50Bvs INDB

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