Barry Jensen - Independent Bank CIO of Rockland Trust

INDB Stock  USD 63.03  0.04  0.06%   

Executive

Mr. Barry H. Jensen is Chief Information Officer of the Company and Rockland Trust., the subsidiary of the Company., Mr. Jensen, 53, has served as Chief Technology and Operations Officer of the Company and Rockland Trust since September 2013, overseeing Information Technology, Information Security, Banking Operations, Operations Risk, Compliance and Business Solutions. Prior to September 2013, Mr. Jensen served as Chief Accounting Officer of Rockland Trust from April 2008 to September 2013, adding to his title of Senior Vice President and Controller of Rockland Trust, which he held since May 2000. Mr. Jensen joined Rockland Trust in March of 1998, serving as the Manager of Financial Planning and Analysis and has previously held financial positions at BankBoston and BayBanks. Mr. Jensen helps organize the annual Credit For Life financial literacy training program for the Boston College High School senior class. Mr. Jensen helps organize the annual Credit For Life financial literacy training program for the Boston College High School senior class. since 2013.
Age 59
Tenure 12 years
Address 288 Union Street, Rockland, MA, United States, 02370
Phone(781) 878-6100
Webhttps://www.rocklandtrust.com
Jensen joined Rockland Trust in March of 1998, serving as the Manager of Financial Planning and Analysis and has previously held financial positions at BankBoston and BayBanks.

Independent Bank Management Efficiency

The current year's Return On Equity is expected to grow to 0.07, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Independent Bank's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 1.6 B, whereas Non Currrent Assets Other are projected to grow to (2.6 B). Independent Bank's management efficiency ratios could be used to measure how well Independent Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Independent Bank currently holds 701.37 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Independent Bank's use of debt, we should always consider it together with its cash and equity.

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Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts. Independent operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1691 people. Independent Bank (INDB) is traded on NASDAQ Exchange in USA. It is located in 288 Union Street, Rockland, MA, United States, 02370 and employs 1,837 people. Independent Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Independent Bank Leadership Team

Elected by the shareholders, the Independent Bank's board of directors comprises two types of representatives: Independent Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Independent. The board's role is to monitor Independent Bank's management team and ensure that shareholders' interests are well served. Independent Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Independent Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
CFA CFA, MD Company
Dawn Mugford, Executive Officer
Timothy Lane, Senior Auditor
Lee Powlus, Chief VP
Mark Ruggiero, Senior Vice President CFO, Principal Financial Officer and Principal Accounting Officer
Patricia Esq, Executive Counsel
Barry Jensen, CIO of Rockland Trust
David CFA, Executive Officer
Meagan Silva, Ex Assistant
Maureen Gaffney, Controller VP
Robert Cozzone, CFO, Treasurer, CFO of Rockland Trust Company and Treasurer of Rockland Trust Company
Maria Harris, Director of Human Resource of Rockland Trust
Mark CPA, Chief Officer
Alastair Ironside, Executive Officer
Christopher Oddleifson, CEO and President Director, Member of Executive Committee, CEO of Rockland Trust Company and President of Rockland Trust Company and Director of Rockland Trust Company
Edward Esq, Exec Counsel
Jonathan Nelson, Treasurer
Kathryn Omalley, Executive Company
James Rizzo, Executive Company
Margaret McCarthy, Executive Officer
Debra Smith, VP Company
Jeffrey Tengel, CEO President

Independent Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Independent Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
2.28
Earnings Share
4.52
Revenue Per Share
15.376
Quarterly Revenue Growth
(0.01)
The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.