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White Pine Capital LLC Invests $1.79 Million in Independent Bank Corp. $INDB
White Pine Capital LLC has invested $1.79 million in Independent Bank Corp. by purchasing 25,904 shares, representing approximately 0.05% of the company. Independent Bank (NASDAQ: INDB) has a market capitalization of $4.14 billion, recently reported an earnings beat of $1.70 EPS against a $1.65 consensus, and pays a quarterly dividend of $0.59 (2.8% yield). The stock carries a consensus “Hold” rating with a target price of $76.50.