Independent Bank Corp (Massachusetts) (INDB)

Independent Bank Corp (Massachusetts)

INDB

#3798

Rank

C$3.51 B

Marketcap

🇺🇸 USA

Country

$81.34

Share price

-1.67%

Change (1 day)

10.56%

Change (1 year)

🏦 Banks 💳 Financial services

Independent Bank Corp (Massachusetts) - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.9968	-25.33%
2022-12-31	1.33	4.38%
2021-12-31	1.28	-9.56%
2020-12-31	1.41	-15.59%
2019-12-31	1.68	-8.91%
2018-12-31	1.84	-9.45%
2017-12-31	2.03	-7.69%
2016-12-31	2.20	39.07%
2015-12-31	1.58	-1.36%
2014-12-31	1.60	1.88%
2013-12-31	1.57	26.4%
2012-12-31	1.25	-0.35%
2011-12-31	1.25	-4.96%
2010-12-31	1.32	24.27%
2009-12-31	1.06	-24.13%
2008-12-31	1.39	-16.79%
2007-12-31	1.68	-26.35%
2006-12-31	2.28	18.1%
2005-12-31	1.93	-21.47%
2004-12-31	2.45	30.26%
2003-12-31	1.88	19.45%
2002-12-31	1.58

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Washington Trust Bancorp WASH	1.13	29.57%	🇺🇸 USA
Bar Harbor Bankshares BHB	1.05	20.13%	🇺🇸 USA
Union Bankshares UNB	1.79	104.27%	🇺🇸 USA
Webster Financial WBS	0.8521	-2.55%	🇺🇸 USA
Enterprise Bancorp EBTC	1.08	23.99%	🇺🇸 USA
Brookline Bancorp BRKL	0.7278	-16.78%	🇺🇸 USA
Northeast Bank NBN	1.54	75.79%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Independent Bank Corp (Massachusetts) (INDB) - P/B ratio

P/B ratio as of September 2024 : 0.8745