Smartkarma AI, Smartkarma

αSK

Smartkarma AI

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

Independent Bank Corp/Ma / Equity Bottom-Up

<ul>
  <li>Independent Bank Corp. (INDB), through its subsidiary Rockland Trust, has established a strong regional banking franchise in Eastern Massachusetts, demonstrating consistent revenue growth and a successful track record of strategic acquisitions, most recently Enterprise Bancorp in July 2025.</li>
  <li>The company is currently navigating a challenging interest rate environment, which has led to significant net interest margin (NIM) compression and declining profitability over the past two years. However, recent quarterly results suggest a potential stabilization and improvement in NIM following its latest acquisition.</li>
  <li>Forward-looking prospects hinge on the successful integration of acquired entities, the ability to manage funding costs effectively, and navigating potential credit quality shifts in a dynamic economic landscape. The valuation appears reasonable, trading below book value, which may present an opportunity if margin pressures abate.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Independent Bank Corp. (INDB), through its subsidiary Rockland Trust, has established a strong regional banking franchise in Eastern Massachusetts, demonstrating consistent revenue growth and a successful track record of strategic acquisitions, most recently Enterprise Bancorp in July 2025.
  The company is currently navigating a challenging interest rate environment, which has led to significant net interest margin (NIM) compression and declining profitability over the past two years. However, recent quarterly results suggest a potential stabilization and improvement in NIM following its latest acquisition.
  Forward-looking prospects hinge on the successful integration of acquired entities, the ability to manage funding costs effectively, and navigating potential credit quality shifts in a dynamic economic landscape. The valuation appears reasonable, trading below book value, which may present an opportunity if margin pressures abate.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Independent Bank Corp/Ma (INDB US) - Oct 2025

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

iShares Russell 2000 ETF / Technical Analysis

<ul>
<li>Breadth has expanded significantly in recent weeks with the Russell 2000 (IWM) breaking above major 2.5-year resistance at $210; $210 is now critical support moving forward.</li>
<li>Technology/Large-Cap growth/Nasdaq 100 (QQQ) has consolidated after getting extended, and with June 12 gap support on QQQ getting filled/breaking today, it appears this pullback is likely to continue.</li>
<li>The SPX is breaking its 20-day MA. June 12th gap at 5375-5409 is potential support, but it appears a pullback in the SPX and QQQ may be headed to 5191/$449.</li>
</ul>


Breadth has expanded significantly in recent weeks with the Russell 2000 (IWM) breaking above major 2.5-year resistance at $210; $210 is now critical support moving forward.
Technology/Large-Cap growth/Nasdaq 100 (QQQ) has consolidated after getting extended, and with June 12 gap support on QQQ getting filled/breaking today, it appears this pullback is likely to continue.
The SPX is breaking its 20-day MA. June 12th gap at 5375-5409 is potential support, but it appears a pullback in the SPX and QQQ may be headed to 5191/$449.


Monitoring Small- Vs. Large-Caps and Growth Vs. Value; $SPX, $QQQ in Pullback Mode

United States

Independent Bank Corp. is the holding company for Rockland Trust Company. The Bank attracts deposits and offers a range of financial services through a network of offices in Plymouth, Norfolk, Barnstable, and Bristol counties, Massachusetts.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Independent Bank Corp/Ma (INDB US)

Primer: Independent Bank Corp/Ma (INDB US) - Oct 2025

Independent Bank Corp. (INDB), through its subsidiary Rockland Trust, has established a strong regional banking franchise in Eastern...

αSK

Monitoring Small- Vs. Large-Caps and Growth Vs. Value; $SPX, $QQQ in Pullback Mode

Monitoring Small- Vs. Large-Caps and Growth Vs. Value; $IWM Still Above Major Support at $210, but $SPX $QQQ are in Pullback Mode. Possible this...

Vermilion Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)