Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Bank sale will keep all 8 Enterprise Bank branches in NH [Yahoo! Finance]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Independent Bank Corp., parent of Rockland Trust Company, said it plans to acquire Enterprise Bancorp, Inc., parent of Enterprise Bank and Trust Company. The cash and stock transaction is valued at approximately $562 million and the deal is slated to close in the second half of 2025. The acquisition will give Enterprise customers access to Rockland Trust's wealth management, tax planning and estate planning services, Jeffrey Tengel, president and chief executive officer of Independent Bank Corp., said during a conference call. "The two franchises fit like pieces of a puzzle," Tengel said. The Enterprise Bank branches include two in Nashua and others in Derry, Londonderry, Windham, Hudson, Salem and Pelham. Tengel said moving into New Hampshire isn't part of a larger strategy of moving further north. "We don't have any plans to do that right now," Tengel said. But acquiring New Hampshire branches as part of the Enterprise deal "would give us some experience and exposure to Show less Read more
Impact Snapshot
Event Time:
INDB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for INDB alerts
Opt-in for
INDB alerts

from News Quantified
Opt-in for
INDB alerts

from News Quantified