Independent Bank Corp (Massachusetts)
NASDAQ:INDB
Net Margin
Independent Bank Corp (Massachusetts)
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Independent Bank Corp (Massachusetts)
NASDAQ:INDB
|
2.4B USD |
27%
|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
63.2B USD |
26%
|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
49.9B USD |
34%
|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
27.3B USD |
27%
|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
185.9B CNY |
36%
|
|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
23.9B USD |
26%
|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
23.8B USD |
25%
|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
164.8B CNY |
37%
|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
21B USD |
25%
|
|
| US |
|
Regions Financial Corp
NYSE:RF
|
18.3B USD |
27%
|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
2.5T JPY |
22%
|
Independent Bank Corp (Massachusetts)
Glance View
Independent Bank Corp, headquartered in Massachusetts, is the parent company of Rockland Trust, a community-focused bank that marries traditional banking values with modern service dynamics. This bank, which traces its roots back to the early 1900s, has forged its path by deeply embedding itself into the fabric of New England communities. With a primary emphasis on customer relationships, it operates through a network of over 100 retail branches, delivering a suite of financial services tailored to individuals, small businesses, and commercial enterprises. The bank thrives by staying true to its legacy of “big bank know-how” coupled with “small bank know-you,” a philosophy that underscores personalized customer service as a cornerstone of its business model. This focus helps it maintain a loyal customer base, which is fundamental given the competitive banking landscape. The financial engine of Independent Bank Corp is driven by its comprehensive array of services, including traditional deposit products like savings and checking accounts, as well as lending solutions—ranging from personal and mortgage loans to commercial and small business loans. The interest earned on these loans forms a substantial part of its revenue stream. Additionally, the bank fortifies its position through a suite of wealth management services, including investment advice and portfolio management. By leveraging local market expertise and investing in digital banking solutions, it maximizes income from fees and interest while maintaining cost efficiencies. This dual strategy not only enhances profitability but also ensures the bank remains a resilient and adaptable pillar in the volatile financial sector.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Independent Bank Corp (Massachusetts)'s most recent financial statements, the company has Net Margin of 27%.
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