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Lee Powlus Biography and Net Worth

Insider of Independent Bank

Lee C. Powlus serves as Senior Executive Vice President, Chief Administrative Officer of the Company. He has oversight of Information Technology, Project Management, Information Security, Operations and eBusiness, Business Services and Real Estate Services. Mr. Powlus, who joined People’s United in 2008, previously served as Executive Vice President and Chief Administrative Officer since September 2010. Before joining the Company, he served as Director of Information Technology for Chittenden Corporation. Mr. Powlus received his M.B.A. and bachelor’s degree from the University of Vermont.

What is Lee C. Powlus' net worth?: The estimated net worth of Lee C. Powlus is at least $36,254.72 as of October 27th, 2023. Mr. Powlus owns 512 shares of Independent Bank stock worth more than $36,255 as of November 21st. This net worth evaluation does not reflect any other assets that Mr. Powlus may own. Learn More about Lee C. Powlus' net worth.
How do I contact Lee C. Powlus?: The corporate mailing address for Mr. Powlus 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 Lee C. Powlus' contact information.
Has Lee C. Powlus been buying or selling shares of Independent Bank?: Lee C. Powlus has not been actively trading shares of Independent Bank during the last quarter. Most recently, on Friday, October 27th, Lee C. Powlus bought 512 shares of Independent Bank stock. The stock was acquired at an average cost of $47.45 per share, with a total value of $24,294.40. Following the completion of the transaction, the insider now directly owns 512 shares of the company's stock, valued at $24,294.40. Learn More on Lee C. Powlus' 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 0.9% of the company. Learn More about insider trades at Independent Bank.
Information on this page was last updated on 2/29/2024.

Lee C. Powlus Insider Trading History at Independent Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
10/27/2023	Buy	512	$47.45	$24,294.40	512

Lee C. Powlus 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: $70.81

$69.92

$70.86

50 Day Range

MA: $63.09

$56.88

$74.10

2 Week Range

Now: $70.81

$45.11

$75.63

Volume

186,614 shs

Average Volume

270,008 shs

Market Capitalization

$3.01 billion

P/E Ratio

15.39

Dividend Yield

3.22%

Beta

0.73