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INDB| Name | Value |
|---|---|
| Revenues | 243.5M |
| Cost of Revenue | 31.9M |
| Gross Profit | 211.6M |
| Operating Expense | 29.9M |
| Operating I/L | 70.6M |
| Other Income/Expense | -19.2M |
| Interest Income | 211.9M |
| Pretax | 66.4M |
| Income Tax Expense | 15.1M |
| Net Income/Loss | 51.3M |
Independent Bank Corp. operates as a bank holding company for Rockland Trust Company, offering commercial banking products and services to individuals and small-to-medium sized businesses in Massachusetts. The company provides various deposit accounts, including interest checking, money market, and savings accounts, as well as loans such as commercial, small business, and personal loans. Additionally, it offers investment management, trust services, online and mobile banking, estate settlement, financial planning, and insurance products. With over 100 retail branches, the company serves Eastern Massachusetts, generating revenue through interest income from loans, fees from banking services, and investment management fees.
