Independent Bank Company Insiders
INDB Stock | USD 72.39 0.60 0.82% |
Independent Bank's insiders are aggressively selling. The analysis of insiders' sentiment of trading Independent Bank stock suggests that all insiders are panicking at this time. Independent Bank employs about 1.8 K people. The company is managed by 22 executives with a total tenure of roughly 49 years, averaging almost 2.0 years of service per executive, having 81.23 employees per reported executive.
Christopher Oddleifson CEO 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 |
Mark Ruggiero President Senior Vice President CFO, Principal Financial Officer and Principal Accounting Officer |
Independent Bank's Insider Buying Vs Selling
0
Selling | Buying |
Latest Trades
2024-02-29 | Donna L Abelli | Disposed 800 @ 52.83 | View | ||
2024-01-24 | Eileen C Miskell | Disposed 400 @ 61.3 | View |
Monitoring Independent Bank's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
Independent |
Independent Bank's Workforce Through the Years
Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Independent Bank's future performance. Based on our forecasts, it is anticipated that Independent will maintain a workforce of about 1790 employees by December 2024.Independent Bank's latest congressional trading
Congressional trading in companies like Independent Bank, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Independent Bank by those in governmental positions are based on the same information available to the general public.
2022-08-13 | Representative Josh Gottheimer | Acquired Under $15K | Verify |
Independent Bank Management Team Effectiveness
The company has return on total asset (ROA) of 0.0101 % which means that it generated a profit of $0.0101 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0672 %, meaning that it created $0.0672 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 November 30, 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 Other Assets are forecasted to decline to about 17.4 M.The current year's Common Stock Shares Outstanding is expected to grow to about 46.4 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 318.6 M
Independent Bank Workforce Comparison
Independent Bank is currently regarded as number one stock in number of employees category among its peers. The total workforce of Financials industry is currently estimated at about 12,339. Independent Bank retains roughly 1,787 in number of employees claiming about 14% of equities under Financials industry.
Independent Bank Profit Margins
The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.38 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.38.Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.79 | 0.89 |
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Operating Profit Margin | 0.66 | 0.396 |
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Independent Bank Insider Trading History
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Independent Bank insiders, such as employees or executives, is commonly permitted as long as it does not rely on Independent Bank's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Independent Bank insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total Shares Sold | |
---|---|---|---|---|---|
2024-06-01 | 10.0 | 10 | 1 | 11,340 | 1,134 |
2024-03-01 | 0.4324 | 16 | 37 | 34,172 | 6,512 |
2023-12-01 | 0.6667 | 2 | 3 | 2,612 | 2,000 |
2023-09-01 | 0.3333 | 1 | 3 | 5,000 | 8,805 |
2023-06-01 | 7.5 | 15 | 2 | 17,350 | 1,300 |
2023-03-01 | 0.3478 | 16 | 46 | 45,321 | 8,301 |
2022-09-01 | 0.25 | 1 | 4 | 623.00 | 4,058 |
2022-06-01 | 4.3333 | 13 | 3 | 8,099 | 6,523 |
2022-03-01 | 0.3191 | 15 | 47 | 21,773 | 8,892 |
2021-09-01 | 0.25 | 1 | 4 | 640.00 | 4,810 |
2021-06-01 | 1.625 | 13 | 8 | 8,363 | 6,342 |
2021-03-01 | 0.4091 | 18 | 44 | 38,356 | 10,855 |
2020-12-01 | 0.4 | 2 | 5 | 1,000.00 | 4,300 |
2020-09-01 | 0.6 | 3 | 5 | 2,079 | 5,158 |
2020-06-01 | 5.5 | 11 | 2 | 9,438 | 4,280 |
2020-03-01 | 0.3095 | 13 | 42 | 24,600 | 13,201 |
2019-12-01 | 0.1538 | 2 | 13 | 10,000 | 50,727 |
2019-06-01 | 2.5 | 20 | 8 | 87,405 | 12,795 |
2019-03-01 | 0.3261 | 15 | 46 | 30,039 | 25,738 |
2018-12-01 | 1.0 | 2 | 2 | 432.00 | 1,425 |
2018-09-01 | 0.5 | 2 | 4 | 397.00 | 2,785 |
2018-06-01 | 1.6667 | 15 | 9 | 11,493 | 17,346 |
2018-03-01 | 0.4186 | 18 | 43 | 43,351 | 38,632 |
2017-12-01 | 0.3333 | 4 | 12 | 8,775 | 14,276 |
2017-09-01 | 0.2857 | 2 | 7 | 424.00 | 10,719 |
2017-06-01 | 2.0 | 18 | 9 | 19,050 | 25,222 |
2017-03-01 | 0.3953 | 17 | 43 | 30,418 | 32,949 |
2016-12-01 | 0.1429 | 3 | 21 | 1,313 | 44,104 |
2016-09-01 | 0.5 | 4 | 8 | 6,951 | 14,047 |
2016-06-01 | 2.25 | 27 | 12 | 18,727 | 24,262 |
2016-03-01 | 0.4063 | 13 | 32 | 25,514 | 8,669 |
2015-12-01 | 0.5 | 10 | 20 | 75,197 | 107,525 |
2015-09-01 | 0.6667 | 12 | 18 | 28,309 | 58,589 |
2015-06-01 | 1.2 | 18 | 15 | 51,435 | 96,803 |
2015-03-01 | 0.6591 | 29 | 44 | 122,073 | 82,752 |
2014-12-01 | 0.6053 | 23 | 38 | 142,186 | 270,546 |
2014-09-01 | 1.3333 | 4 | 3 | 2,862 | 9,802 |
2014-06-01 | 1.25 | 25 | 20 | 33,192 | 46,978 |
2014-03-01 | 1.6364 | 18 | 11 | 46,779 | 21,151 |
2013-12-01 | 0.5 | 4 | 8 | 4,028 | 8,569 |
2013-09-01 | 0.625 | 10 | 16 | 13,330 | 32,875 |
2013-06-01 | 1.0 | 14 | 14 | 20,350 | 50,160 |
2013-03-01 | 0.6364 | 7 | 11 | 24,022 | 9,832 |
2012-12-01 | 0.1111 | 1 | 9 | 1,000.00 | 239,583 |
2012-09-01 | 0.4286 | 3 | 7 | 5,689 | 26,012 |
2012-06-01 | 1.6 | 8 | 5 | 8,000 | 8,574 |
2012-03-01 | 0.5385 | 7 | 13 | 30,201 | 49,181 |
2011-12-01 | 0.4 | 2 | 5 | 15,000 | 24,023 |
2011-09-01 | 2.0 | 2 | 1 | 1,364 | 500.00 |
2011-06-01 | 1.8 | 18 | 10 | 10,800 | 38,067 |
2011-03-01 | 1.25 | 10 | 8 | 35,306 | 7,250 |
2010-12-01 | 0.5 | 2 | 4 | 5,819 | 25,925 |
2010-06-01 | 5.3333 | 16 | 3 | 39,438 | 18,334 |
2010-03-01 | 2.0 | 14 | 7 | 45,023 | 22,753 |
2009-09-01 | 0.6667 | 2 | 3 | 1,641 | 3,500 |
2009-06-01 | 1.3 | 13 | 10 | 44,400 | 32,113 |
2008-12-01 | 1.3333 | 4 | 3 | 4,898 | 6,627 |
2008-06-01 | 9.0 | 9 | 1 | 3,900 | 1,000.00 |
2008-03-01 | 1.25 | 15 | 12 | 56,929 | 13,680 |
2007-09-01 | 3.0 | 3 | 1 | 10,666 | 0.00 |
2007-06-01 | 10.0 | 10 | 1 | 6,693 | 1,000.00 |
2007-03-01 | 0.5 | 5 | 10 | 22,416 | 7,672 |
2006-12-01 | 0.5 | 1 | 2 | 160.00 | 6,000 |
2006-09-01 | 0.6667 | 4 | 6 | 5,863 | 10,050 |
2006-06-01 | 13.0 | 13 | 1 | 18,500 | 5,000 |
2006-03-01 | 1.0 | 4 | 4 | 6,685 | 11,000 |
2005-12-01 | 0.5 | 6 | 12 | 32,000 | 20,525 |
2005-06-01 | 0.8667 | 13 | 15 | 14,723 | 15,272 |
2005-03-01 | 0.3333 | 4 | 12 | 9,354 | 19,333 |
2004-12-01 | 1.0 | 12 | 12 | 48,000 | 6,250 |
2004-09-01 | 1.0 | 2 | 2 | 294.00 | 627.00 |
2004-06-01 | 2.0 | 8 | 4 | 12,000 | 7,350 |
2004-03-01 | 1.0 | 2 | 2 | 2,407 | 5,000 |
2003-12-01 | 1.8 | 9 | 5 | 44,575 | 19,750 |
2003-09-01 | 1.3333 | 4 | 3 | 14,550 | 22,263 |
Independent Bank Notable Stakeholders
An Independent Bank stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Independent Bank often face trade-offs trying to please all of them. Independent Bank's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Independent Bank's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
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 | Profile | |
Jeffrey Tengel | CEO President | Profile | |
Mark Ruggiero | Senior Vice President CFO, Principal Financial Officer and Principal Accounting Officer | Profile | |
Robert Cozzone | CFO, Treasurer, CFO of Rockland Trust Company and Treasurer of Rockland Trust Company | Profile | |
Maria Harris | Director of Human Resource of Rockland Trust | Profile | |
Lee Powlus | Chief VP | Profile | |
Maureen Gaffney | Controller VP | Profile | |
CFA CFA | MD Company | Profile | |
Dawn Mugford | Executive Officer | Profile | |
Timothy Lane | Senior Auditor | Profile | |
Patricia Esq | Executive Counsel | Profile | |
Barry Jensen | CIO of Rockland Trust | Profile | |
David CFA | Executive Officer | Profile | |
Meagan Silva | Ex Assistant | Profile | |
Mark CPA | Chief Officer | Profile | |
Alastair Ironside | Executive Officer | Profile | |
Edward Esq | Exec Counsel | Profile | |
Jonathan Nelson | Treasurer | Profile | |
Kathryn Omalley | Executive Company | Profile | |
James Rizzo | Executive Company | Profile | |
Margaret McCarthy | Executive Officer | Profile | |
Debra Smith | VP Company | Profile |
About Independent Bank Management Performance
The success or failure of an entity such as Independent Bank often depends on how effective the management is. Independent Bank management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Independent management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Independent management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.01 | 0.01 | |
Return On Capital Employed | 0.04 | 0.03 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.08 | 0.08 |
Please note, the presentation of Independent Bank's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independent Bank's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Independent Bank's management manipulating its earnings.
Independent Bank Workforce Analysis
Traditionally, organizations such as Independent Bank use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Independent Bank within its industry.Independent Bank Manpower Efficiency
Return on Independent Bank Manpower
Revenue Per Employee | 445.3K | |
Revenue Per Executive | 36.2M | |
Net Income Per Employee | 134K | |
Net Income Per Executive | 10.9M |
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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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