INDB
Independent Bank Corp.
Halal Rating :
Last Price
$66.00
Last updated:
Market Cap
$6.3b
7D Change
-6.78%
1 Year Change
0.2%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company. The company accepts interest checking, money market, and savings accounts. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches and one mobile branch.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $175.25m | $74.82m | $141.7m | $74.82m | 80.86% | 100.00% |
| June 30, 2024 | $170.26m | $73.94m | $137.93m | $73.94m | 81.01% | 100.00% |
| March 31, 2024 | $167.38m | $70.61m | $137.44m | $70.61m | 82.11% | 100.00% |
Company Impact
Help us evaluate Independent Bank Corp.'s impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.