Independent Bank is a bank holding company. Through its subsidiary, Rockland Trust Company (the Bank), Co. is engaged in the community banking business, providing a range of banking services, including lending activities, acceptance of demand, savings, and time deposits, and investment management. The Bank's market area is generally comprised of Eastern Massachusetts, including Greater Boston, the South Shore, Cape Cod and the Islands, South Coast as well as Worcester County and Rhode Island. Borrowings consist of short-term and long-term obligations and may consist of Federal Home Loan Bank advances, federal funds purchased, and junior subordinated debentures. The INDB YTD return is shown above.
The YTD Return on the INDB YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether INDB YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the INDB YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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