When does independent bank (INDB) stock ex-dividend?
Independent Bank Corp. ( NASDAQ:INDB ) is about to trade ex-dividend in the next 4 days. The ex-dividend date occurs... ROCKLAND, Mass., December 09, 2021--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.48 per share dividend.
What is the ticker symbol for independent bank?
Independent Bank trades on the NASDAQ under the ticker symbol "INDB." Who are Independent Bank's major shareholders? Independent Bank's stock is owned by many different institutional and retail investors.
What are independent bank's stock's price targets for the next year?
1 brokerages have issued 1-year price objectives for Independent Bank's stock. Their forecasts range from $88. 00 to $88. 00. On average, they expect Independent Bank's stock price to reach $88. 00 in the next year. This suggests a possible upside of 5. 9% from the stock's current price.
Should you buy independent Bank (IB) stock?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Independent Bank in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Independent Bank stock.
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Should I buy or sell Independent Bank stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Independent Bank in the last twelve months. There are currently 1...
What is Independent Bank's stock price forecast for 2022?
1 Wall Street research analysts have issued 12 month price objectives for Independent Bank's stock. Their forecasts range from $88.00 to $88.00. On...
How has Independent Bank's stock price performed in 2022?
Independent Bank's stock was trading at $81.53 at the start of the year. Since then, INDB shares have decreased by 1.6% and is now trading at $80.2...
When is Independent Bank's next earnings date?
Independent Bank is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022. View our earnings forecast for Inde...
How were Independent Bank's earnings last quarter?
Independent Bank Corp. (NASDAQ:INDB) posted its quarterly earnings data on Thursday, April, 21st. The bank reported $1.23 EPS for the quarter, hitt...
How often does Independent Bank pay dividends? What is the dividend yield for Independent Bank?
Independent Bank announced a quarterly dividend on Thursday, March 17th. Shareholders of record on Monday, March 28th will be paid a dividend of $0...
Is Independent Bank a good dividend stock?
Independent Bank(NASDAQ:INDB) pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.54%. Independent Bank has been inc...
Who are Independent Bank's key executives?
Independent Bank's management team includes the following people: Mr. Christopher Oddleifson , CEO, Pres & Director (Age 63, Pay $1.81M) ( Linke...
Who are some of Independent Bank's key competitors?
Some companies that are related to Independent Bank include The PNC Financial Services Group (PNC) , Truist Financial (TFC) , M&T Bank (MTB) ,...
How much is IBTX net income?
When is the IBTX earnings call 2021?
Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Bank, today announced net income of $60.0 million, or $1.39 per diluted share, for the quarter ended March 31, 2021, compared to $44.2 million, or $1.03 per diluted share, for the quarter ended March 31, 2020 and $58.3 million, or $1.35 per diluted share, for the quarter ended December 31, 2020.
What is the dividend for Independent Bank in 2021?
NEW YORK, NY / ACCESSWIRE / April 27, 2021 / Independent Bank Group, Inc. (NASDAQ:IBTX) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 27, 2021 at 8:30 AM Eastern Time.
When will independent bank release results for 2021?
GRAND RAPIDS, Mich., April 20, 2021 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that today its Board of Directors declared a quarterly cash dividend on its common stock of 21 cents per share.
How many shares will the company buy in 2021?
GRAND RAPIDS, Mich., March 30, 2021 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that it expects to issue its 2021 first quarter results on Tuesday, April 27, 2021, at approximately 8:00 am ET. The release will be available on the Internet at IndependentBank.com within the “News” section of the “Investor Relations” area of the Company’s website. Brad Kessel, President and CEO and Gavin Mohr, CFO will review the quarterly results in a conference call for investors and analysts beginning at 11:00 am ET on Tuesday, April 27, 2021. To participate in the live conference call, please dial 1-866-200-8394. Also the conference call will be accessible through an audio webcast with user-controlled slides via the following event site/URL: https://services.choruscall.com/links/ibcp210427.html. A playback of the call can be accessed by dialing 1-877-344-7529 (Conference ID # 10153919). The replay will be available through May 4, 2021. About Independent Bank Corporation Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $4.2 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments, insurance and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves. For more information, please visit our Web site at: IndependentBank.com. Contact: William B. Kessel, President and CEO, 616.447.3933 Gavin A. Mohr, Chief Financial Officer, 616.447.3929
How much did non-performing loans decrease in 2020?
Under the terms of the 2021 share repurchase plan, the Company is authorized to purchase up to 1,100,000 shares, or approximately 5% of its outstanding common stock. The repurchase plan is authorized to last through December 31, 2021.
What is the net interest margin for 2021?
Non-performing loans have decreased $0.8 million from December 31, 2020, due primarily to a decrease in non-performing mortgage loans. The provision for credit losses was a credit of $0.5 in the first quarter of 2021 compared to an expense of $6.7 million in the prior year quarter.
How much is non-interest expense in 2021?
The Company’s tax equivalent net interest income as a percent of average interest-earning assets (the “net interest margin”) was 3.05% during the first quarter of 2021, compared to 3.63% in the year-ago period, and 3.12% in the fourth quarter of 2020.
What is the gain on sale of securities in the first quarter of 2021?
Non-interest expenses totaled $30.0 million in the first quarter of 2021, compared to $28.7 million in the year-ago period. These year-over-year increases in non-interest expense are primarily due to increases in compensation and employee benefits and conversion related expense.
What is independent bank?
The gain on sale of securities in the first quarter of 2021 is related to the divestiture of a group of mortgage backed securities. Interchange income equaled $3.0 million in the first quarter of 2021, an increase of $0.6 million from the prior year quarter.
How many branches does Independent Bank have?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 82 branches, all of which are in rural and suburban Michigan. Wikipedia.
About Independent Bank
Independent Bank is a bank headquartered in Grand Rapids, Michigan. The bank has 82 branches, all of which are in rural and suburban Michigan. Wikipedia. CEO.
Headlines
Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in the sale of retail investments and insurance products in Massachusetts.
Independent Bank (NASDAQ:INDB) Frequently Asked Questions
Independent Bank shares are trading higher after the company reported better-than-expected Q4 EPS and sales results.
How has Independent Bank's stock price been impacted by COVID-19?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independent Bank in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Independent Bank stock.
What other stocks do shareholders of Independent Bank own?
Independent Bank's stock was trading at $16.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IBCP shares have increased by 46.8% and is now trading at $23.60. View which stocks have been most impacted by COVID-19.
Which major investors are selling Independent Bank stock?
Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Bank investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), (APA), Pfizer (PFE), Aegean Marine Petroleum Network (ANW), Occidental Petroleum (OXY), Pentair (PNR), Citigroup (C), NextEra Energy Partners (NEP) and (PRMW).
Which major investors are buying Independent Bank stock?
IBCP stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Charles Schwab Investment Management Inc., LSV Asset Management, Principal Financial Group Inc., D. E. Shaw & Co. Inc., JPMorgan Chase & Co., State Street Corp, and Thrivent Financial for Lutherans.
How do I buy shares of Independent Bank?
IBCP stock was acquired by a variety of institutional investors in the last quarter, including Allspring Global Investments Holdings LLC, BlackRock Inc., Assenagon Asset Management S.A., Citadel Advisors LLC, Invesco Ltd., GSA Capital Partners LLP, American Century Companies Inc., and Millennium Management LLC.
What is Independent Bank's stock price today?
Shares of IBCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How much money does Independent Bank make?
One share of IBCP stock can currently be purchased for approximately $23.60.
Nasdaq Global Select
Independent Bank has a market capitalization of $502.14 million and generates $214.72 million in revenue each year. The financial services provider earns $62.90 million in net income (profit) each year or $2.87 on an earnings per share basis.
Environmental, Social, and Governance Rating
A Bank holding company and the sole stockholder of Rockland Trust Company. Trust Company is a community-oriented commercial bank, engaged in various activities including commercial banking, retail banking, trust services and lending activities.
Business Summary
"A" score indicates excellent relative ESG performance and a high degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
