Probability of Bankruptcy
The Probability of Bankruptcy of Independent Bank Corp (Massachusetts) (INDB) is 6.87% . This number represents the probability that
INDB will face financial distress in the next 24 months given its current fundamentals and
Multiple factors are taken into account when calculating INDB's
probability of bankruptcy : Altman Z-score, Beneish M-score, financial position, macro
environments, academic research about distress
risk and more.
INDB - ESG ratings
ESG ratings are directly linked to the cost of
capital and INDB's ability to raise funding, both of which can significantly affect the
probability of Independent Bank Corp (Massachusetts) going bankrupt.