Independent Bank Corp (Massachusetts)
NASDAQ:INDB
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Independent Bank Corp (Massachusetts)
NASDAQ:INDB
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Intrinsic Value
Is INDB undervalued or overvalued?
See the intrinsic value estimate for Independent Bank Corp (Massachusetts) and find out whether today’s valuation is cheap or expensive by its own historical standards.
Do our valuations actually work? See backtest results .
INDB looks undervalued.
But is it cheap by its own standards?
See how today’s valuation compares with INDB’s past valuations and how the stock performed after similar periods.
Fundamental Analysis
What Independent Bank Does
Independent Bank Corp. is the bank holding company for Rockland Trust, a Massachusetts-based regional bank. It mainly takes deposits from households and businesses, then uses those funds to make loans and earn interest. Its core products are checking and savings accounts, mortgages, home equity loans, commercial real estate loans, business loans, and treasury and cash-management services.
- Headquarters
- United States of America US
- Employees
- 2 294
- IPO date
- Sep 16, 1974
The intrinsic value for Independent Bank Corp (Massachusetts) (INDB) under the Base Case is hidden USD.
Compared with the current market price of 83.43 USD, the stock appears hidden.