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John Morrissey Biography and Net Worth

Director of Independent Bank

John J. Morrissey serves as Independent Director of the Company. Mr. Morrissey served as a Chair of the Massachusetts Board of Bar Overseers of the Supreme Judicial Court. The Board of Bar Overseers was established as an independent administrative body to investigate complaints against attorneys and act as an administrative tribunal to consider disciplinary charges brought against attorneys practicing in Massachusetts. Mr. Morrissey is President of the Massachusetts Bar Association and a Member of its Executive Management Board. Mr. Morrissey is a Life Fellow of the Massachusetts Bar Foundation, the charitable arm of the Massachusetts Bar Association. Mr. Morrissey previously served as a director of Central Bancorp, Inc. and its wholly-owned subsidiary Central Co-operative Bank d/b/a Central Bank until November 2012, when Central Bancorp, Inc. was merged with and into the Company. Mr. Morrissey has served as a director of the Company and of Rockland Trust since 2012.

What is John J. Morrissey's net worth?: The estimated net worth of John J. Morrissey is at least $835,123.64 as of November 3rd, 2023. Mr. Morrissey owns 11,492 shares of Independent Bank stock worth more than $835,124 as of December 3rd. This net worth evaluation does not reflect any other investments that Mr. Morrissey may own. Learn More about John J. Morrissey's net worth.
How do I contact John J. Morrissey?: The corporate mailing address for Mr. Morrissey and other Independent Bank executives is 2036 WASHINGTON STREET, HANOVER MA, 02370. Independent Bank can also be reached via phone at (781) 878-6100 and via email at [email protected]. Learn More on John J. Morrissey's contact information.
Has John J. Morrissey been buying or selling shares of Independent Bank?: John J. Morrissey has not been actively trading shares of Independent Bank during the last quarter. Most recently, John J. Morrissey sold 2,000 shares of the business's stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $54.59, for a transaction totalling $109,180.00. Following the completion of the sale, the director now directly owns 11,492 shares of the company's stock, valued at $627,348.28. Learn More on John J. Morrissey's trading history.
Who are Independent Bank's active insiders?: Independent Bank's insider roster includes Donna Abelli (Director), Robert Cozzone (COO), Barry Jensen (CTO), Eileen Miskell (Director), John Morrissey (Director), Gerard Nadeau (President), Daniel O'Brien (Director), Christopher Oddleifson (CEO), Lee Powlus (Insider), Mark Ruggiero (CFO), Edward Seksay (General Counsel), and Scott Smith (Director). Learn More on Independent Bank's active insiders.
Are insiders buying or selling shares of Independent Bank?: In the last year, insiders at the bank sold shares 2 times. They sold a total of 1,200 shares worth more than $66,784.00. The most recent insider tranaction occured on February, 29th when Director Donna L Abelli sold 800 shares worth more than $42,264.00. Insiders at Independent Bank own 1.0% of the company. Learn More about insider trades at Independent Bank.
Information on this page was last updated on 2/29/2024.

John J. Morrissey Insider Trading History at Independent Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
11/3/2023	Sell	2,000	$54.59	$109,180.00	11,492

John J. Morrissey Buying and Selling Activity at Independent Bank

Independent Bank Company Overview

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 in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

Today's Range

Now: $71.64

$71.36

$73.22

50 Day Range

MA: $65.25

$56.88

$74.97

2 Week Range

Now: $71.64

$45.11

$77.23

Volume

21,626 shs

Average Volume

279,706 shs

Market Capitalization

$3.04 billion

P/E Ratio

15.57

Dividend Yield

3.15%

Beta

0.76