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Independent Bank ( (INDB) ) has shared an update.
On June 18, 2025, Independent Bank Corp.’s Board of Directors amended and restated the company’s by-laws to incorporate several changes. These changes include provisions for virtual shareholder meetings, requirements for preparing a list of eligible voting shareholders, and clarifications regarding the roles and removal of company officers. These amendments aim to align with Massachusetts law and streamline the company’s governance processes.
The most recent analyst rating on (INDB) stock is a Hold with a $61.00 price target. To see the full list of analyst forecasts on Independent Bank stock, see the INDB Stock Forecast page.
Spark’s Take on INDB Stock
According to Spark, TipRanks’ AI Analyst, INDB is a Outperform.
Independent Bank’s overall score is bolstered by strong financial performance and positive corporate events, including strategic acquisitions and dividend declarations. While technical analysis suggests potential for upward movement, challenges from elevated credit costs and economic uncertainty slightly temper the outlook. The stock is fairly valued, with a healthy dividend yield adding to its attractiveness.
To see Spark’s full report on INDB stock, click here.
More about Independent Bank
Independent Bank Corp. operates in the financial industry, providing banking services and products. The company focuses on delivering comprehensive financial solutions to its customers, including personal and business banking services.
Average Trading Volume: 320,603
Technical Sentiment Signal: Buy
Current Market Cap: $2.66B
Find detailed analytics on INDB stock on TipRanks’ Stock Analysis page.