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NASDAQ: INDB
Independent Bank (INDB) stock, explained like you're 5
Independent Bank trades on the Nasdaq under the ticker INDB. It is a mid cap company in the major banks industry, part of the financial services sector, with a market value of about 3.6 billion dollars.
- Ticker
- INDB
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Major Banks
- Size
- Mid cap, about 3.6 billion dollars
Is Independent Bank a small, medium or large cap company?
No. Independent Bank is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 3.6 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Independent Bank makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves INDB stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Independent Bank (INDB) Stock Climbs As Q3 Earnings Meet Credit Strain (Yahoo Finance)
- Independent Bank (INDB) Stock Trades Up, Here Is Why (StockStory)
- Independent Bank stock climbs on earnings, revenue beat (Investing.com)
- Per share earnings rose 12% at Independent Bank Corp. in Q3. (Stock Titan)
- Independent Bank (INDB) Stock Jumps After Record Q3 Earnings (Simply Wall Street)
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Questions about Independent Bank stock
What does Independent Bank do?
Independent Bank trades on the Nasdaq under the ticker INDB. It is a mid cap company in the major banks industry, part of the financial services sector, with a market value of about 3.6 billion dollars.
What is the ticker symbol for Independent Bank?
Independent Bank trades under the ticker INDB on the Nasdaq.
What is Independent Bank's market cap?
Independent Bank is a mid cap stock with a market cap of about 3.6 billion dollars.
How does Independent Bank make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves INDB stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow INDB stock every day?
Add INDB to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.