INDB - NASDAQ
Independent Bank Corp.
$76.74
-0.97%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 estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
At a Glance
Live SnapshotIndependent Bank Corp. Management Team
Mr. Mark J. Ruggiero CPA
Chief Financial Officer
Compensation
$1,149,549
Ms. Maria S. Harris
Executive Vice President & Chief Human Resource Officer of Rockland Trust Company
Compensation
$611,876
Mr. David Byron Smith C.F.A.
Executive Vice President & Chief Investment Officer
Mr. Alastair Ironside
Executive Vice President & Chief Marketing Officer
Ms. Margaret McCarthy
Executive Vice President & Chief Retail Banking Officer
Mr. Lee C. Powlus
Executive Vice President, Chief Technology & Operations Officer of Rockland Trust Company
Compensation
$690,198
Ms. Patricia M. Natale Esq.
Executive Vice President, General Counsel & Corporate Secretary
Compensation
$681,577
Mr. Jeffrey J. Tengel
President, Chief Executive Officer & Director
Compensation
$2,073,113
Timothy C. Lane
Senior Vice President & Chief Internal Auditor
Ms. Maureen A. Gaffney
Senior Vice President, Controller & Principal Accounting Officer
Independent Bank Corp. Insider Positioning
During the last 12 months, insiders have sold $18.76M worth of INDB shares, with no buying activity reported.
3 Months
0
0.00
2.8K
218.95K
-219K
-$219K
3-6 Months
0
0.00
2.5K
214.83K
-215K
-$215K
6-9 Months
0
0.00
252.4K
17.62M
-17.6M
-$17.62M
9-12 Months
0
0.00
10.7K
711.27K
-711K
-$711K
Top Buyers
No buying activity
Top Sellers
Ansin Ken S
Director
$17.23M
Nadeau Gerard F
Director
$690K
Obrien Daniel F
Director
$253K
Lerner Joseph C
Director
$219K
Morrissey John J
Director
$170K
Insider Activity Analysis
Net Insider Sentiment
Strong bearish signal with $18.76M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.
Buy/Sell Ratio
Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.
Recent Trend (3 Months)
Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.
Insider Participation
5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.
Insider Activity Insight
Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.
SEC Filings
INDB - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2025 N/A | March 26, 2026 | December 31, 2025 | 2025 | |
DEF 14A DEF 14A 2024 N/A | March 27, 2025 | December 31, 2024 | 2024 | |
DEF 14A DEF 14A 2023 N/A | March 28, 2024 | December 31, 2023 | 2023 | |
DEF 14A DEF 14A N/A | March 30, 2023 | March 30, 2023 | ||
DEF 14A DEF 14A 2021 N/A | March 31, 2022 | December 31, 2021 | 2021 | |
DEF 14A DEF 14A 2020 N/A | April 01, 2021 | December 31, 2020 | 2020 | |
DEF 14A DEF 14A 2019 N/A | April 03, 2020 | December 31, 2019 | 2019 | |
DEF 14A DEF 14A 2018 N/A | March 28, 2019 | December 31, 2018 | 2018 | |
DEF 14A DEF 14A 2017 N/A | March 29, 2018 | December 31, 2017 | 2017 | |
DEF 14A DEF 14A 2016 N/A | March 30, 2017 | December 31, 2016 | 2016 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.