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Independent Bank Corp (INDB.OQ)

INDB.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Independent Bank Corp reports Q2 earnings per share $0.75
Thursday, 20 Jul 2017 04:11pm EDT 

July 20 (Reuters) - Independent Bank Corp :Independent Bank Corp. reports second quarter net income of $20.6 million.Q2 earnings per share $0.75.Q2 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.82.Says net interest income for q2 was $63.8 million, representing a $3.6 million, or 5.9%, increase over prior quarter.  Full Article

Independent Bank says co and Island Bancorp recieved all regulatory approvals relating to merger
Wednesday, 26 Apr 2017 05:09pm EDT 

April 26 (Reuters) - Independent Bank Corp ::Says co, Island Bancorp Inc reported that all regulatory approvals relating to merger have been received.Says merger is anticipated to close on or about may 12, 2017.  Full Article

Independent Bank Q1 earnings per share $0.76
Thursday, 20 Apr 2017 04:05pm EDT 

April 20 (Reuters) - Independent Bank Corp ::Independent Bank Corp. Reports first quarter net income of $20.7 million.Q1 earnings per share $0.76.Q1 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q1 earnings per share $0.78 excluding items.Independent Bank Corp says net interest income for q1 was $60.2 million, representing a $1.4 million, or 2.5 pct, increase over prior quarter.  Full Article

Independent Bank Corp reports Q4 earnings per share $0.64
Thursday, 19 Jan 2017 04:11pm EST 

Independent Bank Corp - : Reports fourth quarter net income of $17.2 million . Q4 earnings per share $0.64 . Q4 earnings per share view $0.79 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.76 excluding items . Says net interest income for Q4 was $58.8 million, representing a $1.1 million, increase over prior quarter .Qtrly company's net interest margin decreased by four basis points from prior quarter to 3.36%.  Full Article

Independent Bank Q2 earnings per share $0.77
Thursday, 21 Jul 2016 04:15pm EDT 

Independent Bank Corp : Independent Bank Corp reports second quarter net income of $20.4 million . Q2 earnings per share $0.77 . Q2 earnings per share view $0.74 -- Thomson Reuters I/B/E/S .Net interest income for q2 was $56.5 million, representing a $1.6 million, or 3.0%, increase over prior quarter.  Full Article

Independent Bank Corp and New England Bancorp Inc sign definitive merger agreement for acquisition of New England Bancorp Inc
Thursday, 17 Mar 2016 04:15pm EDT 

Independent Bank Corp:Co and New England Bancorp Inc have signed a definitive merger agreement for Independent to acquire New England Bancorp and Rockland Trust to acquire Bank of Cape Cod.Under the merger agreement each share of outstanding New England Bancorp common stock will be exchanged for 0.25 of a share of Independent common stock.Independent anticipates issuing approximately 660,000 shares of its common stock in the merger and will cash out any New England Bancorp warrants or options that remain outstanding at the effective time of the merger.Based upon Independent's $45.65 per share closing price on March 16, 2016 the transaction is valued at approximately $30.7 million.Independent anticipates that the acquisition will be approximately $0.05 accretive to 2017 operating earnings.Boards of directors of each company have unanimously approved the transaction.  Full Article

Independent Bank Corp announces 11.5% increase in quarterly dividend
Thursday, 17 Mar 2016 04:05pm EDT 

Independent Bank Corp:Says $0.29 per share dividend which will be payable on April 8 to stockholders of record date as on March 28.  Full Article

Independent Bank Corp. Announces Quarterly Dividend
Thursday, 10 Dec 2015 04:30pm EST 

Independent Bank Corp:Says $0.26 per share dividend which will be payable on January 8, 2016, to stockholders of record as of the close of business on December 28, 2015.  Full Article

Fitch Affirms Independent Bank Corp's IDR at 'BBB'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, August 31 (Fitch) Fitch Ratings has affirmed the Long-Term and Short-Term Issuer Default Ratings (IDRs) of Independent Bank Corp. (INDB) and its subsidiary, Rockland Trust Company, at 'BBB' and 'F2', respectively. The Rating Outlook is Stable. A detailed list of rating actions follows at the end of this release. KEY RATING DRIVERS IDRS, Viability Ratings (VRs) AND SENIOR DEBT The ratings affirmation and Outlook reflect the com