Donna Abelli - Independent Bank Chairman
| INDB Stock | USD 49.45 0.92 1.90% |
Chairman
Ms. Donna A. Abelli, CPA, is an Independent Director of the Company. Ms. Abelli, 60, is a certified public accountant and has since September 2017 been an Assistant Professor at Ricciardi College of Business, Bridgewater State University. Ms. Abelli has for a portion of the last five years served as a Consulting Chief Financial Officer for private companies. Ms. Abelli previously served on an interim basis as the Chief Financial Officer of publiclytraded companies and various private companies, primarily in the life sciences industries, and as the Chief Financial Officer of a publiclytraded company. Ms. Abelli began her accounting career at Coopers Lybrand where she was named a partner and, from 1998 to 1999, was President of the Massachusetts Society of CPAs since 2016.
| Age | 59 |
| Tenure | 8 years |
| Address | 288 Union Street, Rockland, MA, United States, 02370 |
| Phone | 781 878 6100 |
| Web | https://www.rocklandtrust.com |
Independent Bank Management Efficiency
The company has return on total asset (ROA) of 0.0124 % which means that it generated a profit of $0.0124 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0828 %, meaning that it created $0.0828 on every $100 dollars invested by stockholders. Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities. As of April 18, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Independent Bank's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 20.1 B, whereas Total Current Assets are forecasted to decline to about 230.5 M.Similar Executives
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Management Performance
| Return On Equity | 0.0828 | ||||
| Return On Asset | 0.0124 |
Independent Bank Leadership Team
Elected by the shareholders, the Independent Bank's board of directors comprises two types of representatives: Independent Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independent. The board's role is to monitor Independent Bank's management team and ensure that shareholders' interests are well served. Independent Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independent Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mary Lentz, Independent Director | ||
| Thomas Venables, Independent Director | ||
| CFA CFA, MD Company | ||
| Timothy Lane, Senior Auditor | ||
| Lee Powlus, Chief VP | ||
| Robert Shuster, IR Contact Officer | ||
| Donna Abelli, Chairman of the Board of Rockland Trust and the Company | ||
| Gerard Nadeau, Executive VP of Commercial Lending Division for Rockland Trust | ||
| John Morrissey, Independent Director | ||
| John Spurr, Independent Director | ||
| Michael Hogan, Director | ||
| Barry Jensen, CIO of Rockland Trust | ||
| Maureen Gaffney, Controller VP | ||
| Robert Cozzone, CFO, Treasurer, CFO of Rockland Trust Company and Treasurer of Rockland Trust Company | ||
| Maria Harris, Director of Human Resource of Rockland Trust | ||
| Brian Tedeschi, Independent Director | ||
| Maurice Sullivan, Director | ||
| Christina Keller, Director | ||
| Christopher Oddleifson, CEO and President Director, Member of Executive Committee, CEO of Rockland Trust Company and President of Rockland Trust Company and Director of Rockland Trust Company | ||
| Raymond Fuerschbach, Senior Vice President and Director - Human Resources of Rockland Trust | ||
| Daniel OBrien, Independent Director | ||
| James Rizzo, Executive Company | ||
| William Bissonnette, Independent Director | ||
| Debra Smith, VP Company | ||
| Patrick Ervin, Senior Vice President - Mortgage Banking | ||
| Dawn Mugford, Executive Officer | ||
| Edward Seksay, General Counsel of the Company and Rockland Trust | ||
| Mark Ruggiero, Senior Vice President CFO, Principal Financial Officer and Principal Accounting Officer | ||
| Patricia Esq, Executive Counsel | ||
| Kevin Jones, Independent Director | ||
| William Parent, Independent Director | ||
| David Powers, Independent Director | ||
| Jane Lundquist, Executive VP and Director of Retail Delivery, Bus. Banking and Home Equity Lending | ||
| Russ Daniel, Executive Vice President - Operations and Digital Banking | ||
| David CFA, Executive Officer | ||
| Terrance Beia, Director | ||
| Meagan Silva, Ex Assistant | ||
| Scott Smith, Independent Director | ||
| Frederick Taw, Independent Director | ||
| Alastair Ironside, Executive Officer | ||
| Edward Esq, Exec Counsel | ||
| Michael Cok, Director | ||
| Jonathan Nelson, Treasurer | ||
| Carl Ribeiro, Independent Director | ||
| Eileen Miskell, Independent Director | ||
| Margaret McCarthy, Executive Officer | ||
| Jeffrey Tengel, CEO President |
Independent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independent Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0828 | ||||
| Return On Asset | 0.0124 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 3.16 B | ||||
| Shares Outstanding | 42.45 M | ||||
| Shares Owned By Insiders | 1.13 % | ||||
| Shares Owned By Institutions | 85.41 % | ||||
| Number Of Shares Shorted | 721.17 K | ||||
| Price To Earning | 21.94 X |
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Complementary Tools for Independent Stock analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.
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Is Independent Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 2.2 | Earnings Share 5.42 | Revenue Per Share 16.015 | Quarterly Revenue Growth (0.11) |
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.