Scott Smith Biography and Net Worth

Director of Independent Bank

Scott K. Smith serves as Independent Director of the Company. Smith is currently the President and Chief Executive Officer of The SC Group, which he co-founded in 2013. The SC Group provides services to philanthropic organizations throughout New England with respect to strategic planning, program development, board development, Executive Director searches, and fund raising. Mr. Smith has over 26 years of experience in the philanthropic sector and has previously held Chief Executive Officer, Executive Director, and Vice President of Operations positions. Mr. Smith previously served as a director, a member of the audit committee and Chairperson of the compensation committee of Blue Hills Bancorp, Inc. and its wholly-owned subsidiary, Blue Hills Bank, until April 2019, when Blue Hills Bancorp, Inc. was merged with and into the Company. Mr. Smith is immediate past Board Chair of the Thomas M. Menino YMCA in Boston, serves on the Lt. Governor’s Interagency Council and the Mayor’s Commission on Homelessness, and is the Co-Chair of the Hyde Park 150th Anniversary Committee. Mr. Smith is a graduate of Salisbury University.

What is Scott Smith's net worth?: The estimated net worth of Scott Smith is at least $177,923.90 as of April 27th, 2023. Mr. Smith owns 2,695 shares of Independent Bank stock worth more than $177,924 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Smith may own. Learn More about Scott Smith's net worth.
How do I contact Scott Smith?: The corporate mailing address for Mr. Smith 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 Scott Smith's contact information.
Has Scott Smith been buying or selling shares of Independent Bank?: Scott Smith has not been actively trading shares of Independent Bank during the last quarter. Most recently, Scott Smith sold 1,300 shares of the business's stock in a transaction on Thursday, April 27th. The shares were sold at an average price of $55.83, for a transaction totalling $72,579.00. Following the completion of the sale, the director now directly owns 2,695 shares of the company's stock, valued at $150,461.85. Learn More on Scott Smith'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 0.9% of the company. Learn More about insider trades at Independent Bank.
Information on this page was last updated on 2/29/2024.

Scott Smith Insider Trading History at Independent Bank

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
4/27/2023	Sell	1,300	$55.83	$72,579.00	2,695
2/8/2022	Sell	900	$86.10	$77,490.00

Scott Smith 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: $66.02

$64.78

$67.04

50 Day Range

MA: $68.56

$60.80

$74.97

2 Week Range

Now: $66.02

$45.11

$77.23

Volume

607,474 shs

Average Volume

281,433 shs

Market Capitalization

$2.81 billion

P/E Ratio

14.35

Dividend Yield

3.18%

Beta

0.76

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