Independent Bank Corp.
NASDAQ:INDB · NASDAQ Global Select
+$0.31 today
Vol 1.11M · Avg 0.34M
Management
Put operating results in leadership context
Review returns on capital, executive background, insider transactions, and growth quality to judge whether management is compounding value well.
Return Metrics
ROE, ROIC & ROA over time
ROE
5.8%
avg 8.0%
ROIC
0.8%
avg 5.6%
ROA
0.8%
avg 1.1%
Analysis
ROE is currently the strongest return metric at 5.8% versus its period average of 8.0%. 0 of 3 return metrics are above their quality threshold, which helps indicate how efficiently the company turns capital and assets into profit.
Management
Key executives, compensation & ownership
| Name | Title | Compensation | Tenure | Age | Shares Owned | Ownership % |
|---|---|---|---|---|---|---|
Jeffrey J. Tengel | President, Chief Executive Officer & Director | $2.51M | — | 63 | $49,916.93 | 0.10% |
Mark J. Ruggiero | Chief Financial Officer | $1.27M | — | 49 | $27,924.82 | 0.06% |
Lee C. Powlus | Executive VP & Chief Administrative Officer of Rockland Trust Company | $877,039.00 | — | 65 | $7,294.00 | 0.02% |
Patricia Natale | Executive Vice President, General Counsel & Corporate Secretary | $850,351.00 | — | 60 | $10,325.00 | 0.02% |
James Rizzo | Executive Vice President & Chief Commercial Banking Officer of Rockland Trust Company | $841,581.00 | — | 63 | $5,431.28 | 0.01% |
Maria S. Harris | Executive Vice President & Chief Human Resource Officer of Rockland Trust Company | $611,876.00 | — | 55 | $16,838.08 | 0.03% |
Timothy C. Lane | Executive VP & Chief Internal Auditor | — | — | — | — | — |
Kathryn O'malley | Executive Vice President & Chief Credit Officer of Rockland Trust Company | — | — | 63 | $12,077.40 | 0.03% |
Alastair Ironside | Executive Vice President & Chief Marketing Officer | — | — | — | — | — |
David Byron Smith | Executive Vice President & Chief Investment Officer | — | — | — | $0.00 | <0.01% |
Maureen A. Gaffney | Senior Vice President, Controller & Principal Accounting Officer | — | — | 47 | $7,243.00 | 0.02% |
Margaret McCarthy | Executive Vice President & Chief Retail Banking Officer | — | — | — | — | — |
Insider Trading
SEC Form 4 transactions — last 12 months
Buys
0
$0.00
Sells
13
$18.64M
Net Sentiment
$18.64M
Net selling
Most Active
Nadeau Gerard F
4 transactions
1–10 of 13
Analysis
Insiders reported 0 buys worth $0.00 and 13 sells worth $18.64M over the last 12 months. That adds up to net selling of $18.64M. Nadeau Gerard F was the most active insider with 4 transactions.
Growth Analysis
Historical CAGR & forward analyst estimates
| Metric | 10yr | 5yr | 3yr | Fwd Est. |
|---|---|---|---|---|
| EPS | N/A | N/A | +8.6% | +10.9% (13yr)2 analysts |
| Revenue | N/A | N/A | +6.4% | +9.0% (13yr)1 analysts |
| Net Income | N/A | N/A | +15.1% | +16.5% (13yr)1 analysts |
| EBIT | N/A | N/A | +17.2% | +9.5% (13yr)1 analysts |
Analysis
Recent growth has been strongest in EBIT at +17.2% over three years. Forward estimates point to Net Income at +16.5% (13yr), giving you a quick check on whether expectations are accelerating or cooling.
Competitors
Peer companies in the same sector
Webster Financial Corporation
NYSE:WBS
$12.25B
Associated Banc-Corp
NYSE:ASB
$4.84B
Eastern Bankshares, Inc.
NASDAQ:EBC
$4.70B
Banco BBVA Argentina S.A.
NYSE:BBAR
$4.46B
Fulton Financial Corporation
NASDAQ:FULT
$4.37B
Cathay General Bancorp
NASDAQ:CATY
$3.97B
United Community Banks, Inc.
NYSE:UCB
$3.93B
Renasant Corporation
NYSE:RNST
$3.83B
First Interstate BancSystem, Inc.
NASDAQ:FIBK
$3.49B
Who manages INDB?
Independent Bank Corp. (INDB) lists 12 active executives. The top listed executive is James Rizzo, Executive Vice President & Chief Commercial Banking Officer of Rockland Trust Company.
Are INDB insiders buying or selling?
Recent insider activity shows net buying of $6.43M.
Explore More
Continue the stock analysis
Jump to another research area for this company.