Margaret McCarthy - Independent Bank Executive Officer

INDB Stock  USD 50.87  0.63  1.25%   

Executive

Margaret McCarthy is Executive Officer of Independent Bank
Address 288 Union Street, Rockland, MA, United States, 02370
Phone781 878 6100
Webhttps://www.rocklandtrust.com

Independent Bank Management Efficiency

The company has return on total asset (ROA) of 0.0117 % which means that it generated a profit of $0.0117 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0791 %, meaning that it created $0.0791 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 May 1, 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.
The company currently holds 1.27 B in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Independent Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Independent Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Independent Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Independent to invest in growth at high rates of return. When we think about Independent Bank's use of debt, we should always consider it together with cash and equity.

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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 was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1691 people. Independent Bank (INDB) is traded on NASDAQ Exchange in USA. It is located in 288 Union Street, Rockland, MA, United States, 02370 and employs 1,787 people. Independent Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

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.

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When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
Note that the Independent Bank information on this page should be used as a complementary analysis to other Independent Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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
(0.18)
Dividend Share
2.22
Earnings Share
5.18
Revenue Per Share
15.836
Quarterly Revenue Growth
(0.1)
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.