Edition:
India

Independent Bank Corp (INDB.OQ)

INDB.OQ on NASDAQ Stock Exchange Global Select Market

70.50USD
15 Dec 2017
Change (% chg)

$1.70 (+2.47%)
Prev Close
$68.80
Open
$68.75
Day's High
$71.30
Day's Low
$68.75
Volume
167,613
Avg. Vol
35,391
52-wk High
$76.30
52-wk Low
$57.20

Latest Key Developments (Source: Significant Developments)

Independent Bank Q3 earnings per share $0.87
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Independent Bank Corp ::Independent Bank Corp. reports third quarter net income of $23.9 million.Q3 earnings per share $0.87.Q3 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Independent Bank Corp - ‍net interest income for q3 increased 5.2 pct to $67.1 million compared to $63.8 million in prior quarter​.  Full Article

Independent Bank announces 10 pct increase in quarterly dividend
Friday, 17 Mar 2017 

Independent Bank Corp : Independent bank corp. Announces a 10% increase in the quarterly dividend . Increases quarterly dividend by 10 percent to $0.32per share .Independent bank corp - a $0.32 per share dividend reflecting a 10% increase over current quarterly dividend of $0.29.  Full Article

Independent Bank Q2 earnings per share $0.77
Friday, 22 Jul 2016 

Independent Bank Corp : Independent Bank Corp reports second quarter net income of $20.4 million . Q2 earnings per share $0.77 . Q2 earnings per share view $0.74 -- Thomson Reuters I/B/E/S .Net interest income for q2 was $56.5 million, representing a $1.6 million, or 3.0%, increase over prior quarter.  Full Article

Independent Bank Corp and New England Bancorp Inc sign definitive merger agreement for acquisition of New England Bancorp Inc
Friday, 18 Mar 2016 

Independent Bank Corp:Co and New England Bancorp Inc have signed a definitive merger agreement for Independent to acquire New England Bancorp and Rockland Trust to acquire Bank of Cape Cod.Under the merger agreement each share of outstanding New England Bancorp common stock will be exchanged for 0.25 of a share of Independent common stock.Independent anticipates issuing approximately 660,000 shares of its common stock in the merger and will cash out any New England Bancorp warrants or options that remain outstanding at the effective time of the merger.Based upon Independent's $45.65 per share closing price on March 16, 2016 the transaction is valued at approximately $30.7 million.Independent anticipates that the acquisition will be approximately $0.05 accretive to 2017 operating earnings.Boards of directors of each company have unanimously approved the transaction.  Full Article

Independent Bank Corp announces 11.5% increase in quarterly dividend
Friday, 18 Mar 2016 

Independent Bank Corp:Says $0.29 per share dividend which will be payable on April 8 to stockholders of record date as on March 28.  Full Article

BRIEF-Independent Bank Corp To Acquire Traverse City State Bank For About $63.24 Mln

* INDEPENDENT BANK CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE TRAVERSE CITY STATE BANK