INDB News

The $1 million fund is the product of a public-private partnership that includes business leaders in Brockton. One of the goals is to kickstart businesses owned by women, veterans and minorities, including members of Brockton’s sizable immigrant community.

Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss first quarter results on Friday, April 24, 2020, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conference by navigating to http://dpregister.com, which will provide a unique pin to the participant which allows immediate access to the call. A replay of the call will be available by calling 877-344-7529, Replay Conference Number: 10138816 which will be available through May 8, 2020.

Christopher Oddleifson, President and Chief Executive Officer, Robert D. Cozzone, Executive Vice President and Chief Operating Officer and Mark J. Ruggiero, Chief Financial Officer and Chief Accounting Officer of Independent Bank Corp. (Nasdaq Global Select Markets: INDB) will participate in the 2020 D.A. Davidson Financial Institutions Virtual Conference on May 7, 2020 and May 8, 2020. The conference will be held telephonically.

If you're interested in Independent Bank Corp. (NASDAQ:INDB), then you might want to consider its beta (a measure of...

Independent Bank (INDB) announces a dividend hike of 4.5% from 44 cents per share to 46 cents.

The top two executives at Stoughton-based Envision Bank will step down in the next few months, to be replaced by former Blue Hills Bank CEO Bill Parent and that lender’s one-time chief financial officer. Envision (Nasdaq: RNDB) CEO and President Jim McDonough will retire effective April 1, as will CFO Michael Devlin, the bank announced Wednesday. McDonough has made major changes at Envision since coming aboard in 2013, when the institution was known as Randolph Savings Bank.

Unfortunately for some shareholders, the Independent Bank (NASDAQ:INDB) share price has dived 31% in the last thirty...

The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.46 per share dividend. The dividend will be payable on April 9, 2020, to stockholders of record as of the close of business on March 30, 2020.

It hasn't been the best quarter for Independent Bank Corp. (NASDAQ:INDB) shareholders, since the share price has...

Independent Bank Corp. (Nasdaq Global Select Market: INDB) (the "Company"), parent of Rockland Trust Company, today announced a change in the location of the 2020 Annual Meeting of Shareholders. Due to the public health and safety concerns related to the novel coronavirus (COVID-19) pandemic, the 2020 Annual Meeting will be held solely by remote communication, in a virtual only audio webcast format. There will be no physical location for the meeting. The previously announced date and time of the meeting, Thursday, May 21, 2020 at 12:00 p.m., Eastern Time has not changed. Online access to the meeting will begin at 11:45 a.m., Eastern Time.

Long-time Boston financial services executive Bill Parent is "pursuing other opportunities," according to a regulatory filing.

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...

Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2020 first quarter net income of $26.8 million, or $0.78 per diluted share, compared to net income of $47.5 million, or $1.38 per diluted share, reported in the fourth quarter of 2019. First quarter results were negatively impacted by an elevated provision for credit losses of $25.0 million, which was calculated under the Current Expected Credit Loss ("CECL") accounting standard which became effective January 1, 2020. Assumptions regarding the impact of the Coronavirus ("COVID-19") pandemic were the primary driver of the credit loss provision. Please refer to Appendix C for additional information regarding the Company's CECL implementation and Appendix E for details about loan exposures that potentially could be deemed "at risk" as a result of COVID-19.

Q1 2020 Independent Bank Corp (Massachusetts) Earnings Call

Independent Bank Corp. (INDB) delivered earnings and revenue surprises of -31.58% and -2.39%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Independent Bank Corp. (INDB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK, NY / ACCESSWIRE / April 24, 2020 / Independent Bank Corp. (Massachusetts) (NASDAQ:INDB) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April ...

Q4 2019 Independent Bank Corp (Massachusetts) Earnings Call

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Just one day before the federal government's effort to save small businesses from COVID-19's fallout is supposed to kick off, bankers still don't know what documents they need from borrowers, nor how much risk they'll be taking on.