Security
Independent Bank Corp. Common Stock · INDB
INDBNASDAQCommon stockCurrentCIK 776901Updated Nov 3, 2026
INDB price & chart
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Seeking Alpha
Independent Bank: Shrugging Off A Tough Macro Environment, For Now ↗
Independent Bank Corp. (INDB) Q3 2026 Earnings Call Transcript ↗
SEC disclosures
INDEPENDENT BANK CORP files 8-K: Material Event ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
S-3ASR filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Other Events
Items 8.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
144 filing
10-Q filing
144 filing
Regulation FD Disclosure
Items 7.01, 9.01
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 24,993,239,000Source | 19,408,117,000Source | 24,973,894,000Source | 20,048,934,000Source | 19,411,037,000Source | 24,783,580,000Source | 19,888,209,000Source | 19,324,613,000Source | 24,912,896,000Source | 19,373,565,000Source | 19,347,373,000Source | 19,294,174,000Source |
| Property, Plant and Equipment, NetUSD | 221,165,000Source | 192,197,000Source | 217,877,000Source | 188,883,000Source | 191,303,000Source | 217,695,000Source | 190,007,000Source | 192,563,000Source | 218,190,000Source | 193,320,000Source | 193,049,000Source | 196,504,000Source |
| GoodwillUSD | 1,083,374,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 985,072,000Source | 985,072,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | 133,576,000Source | 12,284,000Source | 18,190,000Source | 25,068,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 73,200,000Source | 54,500,000Source | 54,100,000Source | 58,900,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 21,446,352,000Source | 16,430,969,000Source | 21,461,531,000Source | 16,974,078,000Source | 16,491,788,000Source | 21,241,539,000Source | 16,854,817,000Source | 16,440,405,000Source | 21,347,168,000Source | 16,380,445,000Source | 16,452,122,000Source | 16,407,473,000Source |
| Commitments and ContingenciesUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 495,000Source | 423,000Source | 473,000Source | 424,000Source | 423,000Source | 483,000Source | 424,000Source | 422,000Source | 490,000Source | 423,000Source | 427,000Source | 455,000Source |
| Additional Paid in CapitalUSD | 2,371,111,000Source | 1,907,012,000Source | 2,201,250,000Source | 1,914,556,000Source | 1,904,869,000Source | 2,272,910,000Source | 1,911,162,000Source | 1,902,063,000Source | 2,335,879,000Source | 1,909,980,000Source | 1,932,163,000Source | 2,114,888,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,222,843,000Source | 1,146,915,000Source | 1,369,306,000Source | 1,217,959,000Source | 1,128,182,000Source | 1,317,946,000Source | 1,192,008,000Source | 1,101,061,000Source | 1,269,113,000Source | 1,172,724,000Source | 1,077,488,000Source | 934,442,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -47,562,000Source | -77,202,000Source | -58,666,000Source | -58,083,000Source | -114,225,000Source | -49,298,000Source | -70,202,000Source | -119,338,000Source | -39,754,000Source | -90,007,000Source | -114,827,000Source | -163,084,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,546,887,000Source | 2,977,148,000Source | 3,512,363,000Source | 3,074,856,000Source | 2,919,249,000Source | 3,542,041,000Source | 3,033,392,000Source | 2,884,208,000Source | 3,565,728,000Source | 2,993,120,000Source | 2,895,251,000Source | 2,886,701,000Source |
| Liabilities and EquityUSD | 24,993,239,000Source | 19,408,117,000Source | 24,973,894,000Source | 20,048,934,000Source | 19,411,037,000Source | 24,783,580,000Source | 19,888,209,000Source | 19,324,613,000Source | 24,912,896,000Source | 19,373,565,000Source | 19,347,373,000Source | 19,294,174,000Source |
| Additional Financial Items | ||||||||||||
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | — | — | — | — | — | 359,345,000Source | 62,860,000Source | 112,838,000Source | 112,740,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation and amortization | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,315,000Source | 1,896,000Source | 8,985,000Source | 6,523,000Source | 6,377,000Source | 4,464,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | 1,331,000Source | 1,021,000Source | -3,283,000Source | -10,600,000Source | 2,738,000Source | -1,254,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 117,218,000Source | 13,342,000Source | 251,160,000Source | 229,921,000Source | 276,994,000Source | 421,200,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 12,708,000Source | -19,913,000Source | 5,050,000Source | -33,010,000Source | -211,650,000Source | -1,000,474,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 5,604,000Source | 2,032,000Source | 12,135,000Source | 20,435,000Source | 15,844,000Source | 22,072,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 63,261,000Source | 0Source | 60,849,000Source | 30,986,000Source | 188,910,000Source | 139,946,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -172,850,000Source | 503,525,000Source | 295,802,000Source | -201,351,000Source | -193,947,000Source | -1,308,477,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 29,055,000Source | 24,225,000Source | 103,903,000Source | 96,200,000Source | 98,006,000Source | 93,734,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 14,063,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -42,924,000Source | 496,954,000Source | 552,012,000Source | -4,440,000Source | -128,603,000Source | -1,887,751,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 910,796,000Source | 424,452,000Source | 1,001,226,000Source | 901,234,000Source | 728,978,000Source | 716,844,000Source | 771,902,000Source | 219,890,000Source | 224,330,000Source | 352,933,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | — | 307,257,000Source | 291,692,000Source | 183,068,000Source | 26,424,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 34,783,000Source | — | — | — |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | — | — | — | — | — | — | 8,985,000Source | 6,523,000Source | 6,377,000Source | 4,464,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 2,629,000Source | 2,006,000Source | 2,636,000Source | 2,038,000Source | 2,712,000Source | 2,065,000Source | 9,434,000Source | 8,086,000Source | 7,868,000Source | 7,685,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | -64,000Source | 0Source | 0Source | 0Source | 0Source | 0Source | 64,000Source | 0Source | 0Source | 0Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 22,500,000Source | 19,900,000Source | 18,900,000Source | 18,400,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | 1,224,000Source | 1,125,000Source | 1,317,000Source | 66,000Source | 910,000Source | 1,042,000Source | 3,564,000Source | 2,117,000Source | 3,327,000Source | 2,932,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | 380,000Source | 685,000Source | 173,000Source | 71,000Source | 25,000Source | 98,000Source | 403,000Source | 423,000Source | 1,180,000Source | -3,061,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 12,000Source | 81,000Source | 347,000Source | 0Source | 0Source | 6,000Source | 256,000Source | 877,000Source | 197,000Source | 0Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 368,000Source | 604,000Source | -174,000Source | 71,000Source | 25,000Source | 92,000Source | 147,000Source | -454,000Source | 983,000Source | -3,061,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | -64,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | 0Source | -74,000Source | -130,000Source | -155,000Source | -310,000Source | 584,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 1,800,000Source | 1,700,000Source | 824,000Source | 828,000Source | 1,700,000Source | 705,000Source | 5,100,000Source | 4,100,000Source | 1,000,000Source | 562,000Source |
| GoodwillUSD | — | — | 1,083,374,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 1,090,610,000Source | 985,072,000Source | 985,072,000Source | 985,072,000Source |
| Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 57,048,000Source | 55,046,000Source | 75,632,000Source | 83,941,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 34,262,000Source | 42,947,000Source | 81,838,000Source | 51,101,000Source | 79,919,000Source | 44,424,000Source | 205,122,000Source | 192,081,000Source | 239,502,000Source | 263,813,000Source |
| Operating Lease, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Pension Cost (Reversal of Cost)USD | — | — | — | — | — | — | — | — | 582,000Source | 716,000Source | 487,000Source | 562,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 79,030,000Source | 60,035,000Source | 254,799,000Source | 235,144,000Source | 106,713,000Source | 139,923,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | 0Source | 80,000Source | 80,000Source | — |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 38,519,000Source | 19,500,000Source | 6,250,000Source | 7,200,000Source | 5,500,000Source | 15,000,000Source | 65,469,000Source | 36,250,000Source | 23,250,000Source | 6,500,000Source |
| Amortization of Intangible Assets | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 57,048,000Source | 55,046,000Source | 75,632,000Source | 83,941,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 34,262,000Source | 42,947,000Source | 81,838,000Source | 51,101,000Source | 79,919,000Source | 44,424,000Source | 205,122,000Source | 192,081,000Source | 239,502,000Source | 263,813,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.69Source | 1.01Source | 1.7Source | 1.2Source | 1.63Source | 1.04Source | 4.44Source | 4.52Source | 5.42Source | 5.69Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.69Source | 1.01Source | 1.7Source | 1.2Source | 1.63Source | 1.04Source | 4.44Source | 4.52Source | 5.42Source | 5.69Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 49,934,574Source | 42,481,441Source | 48,054,411Source | 42,623,978Source | 48,970,060Source | 42,550,274Source | 46,169,692Source | 42,499,492Source | 44,181,540Source | 46,372,051Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 49,957,007Source | 42,493,063Source | 48,076,755Source | 42,641,131Source | 48,999,745Source | 42,572,627Source | 46,191,082Source | 42,511,801Source | 44,193,547Source | 46,389,989Source |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance IncomeUSD | — | — | 2,629,000Source | 2,006,000Source | 2,636,000Source | 2,038,000Source | 2,712,000Source | 2,065,000Source | 9,434,000Source | 8,086,000Source | 7,868,000Source | 7,685,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 23,893,000Source | 0Source | 0Source | 2,239,000Source | 3,024,000Source | 1,155,000Source | 39,635,000Source | 1,902,000Source | 0Source | 7,100,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.59Source | 0.57Source | 0.64Source | 0.59Source | 0.64Source | 0.59Source | 2.36Source | 2.28Source | — | — |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 60,331,000Source | 65,646,000Source | 72,894,000Source | 85,195,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | — | — | — | — | 10,208,000Source | 10,292,000Source | 42,142,000Source | 40,889,000Source | 36,102,000Source | 38,799,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 12,000Source | 81,000Source | 347,000Source | 0Source | 0Source | 6,000Source | 256,000Source | 877,000Source | 197,000Source | 0Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | — | — | -64,000Source | — | — | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 189,205,000Source | 29,591,000Source |
| InterestExpenseOperatingUSD | — | — | 91,409,000Source | 74,821,000Source | 78,365,000Source | 70,696,000Source | 77,806,000Source | 66,415,000Source | 313,569,000Source | 291,024,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 203,344,000Source | 141,703,000Source | 210,927,000Source | 147,496,000Source | 212,459,000Source | 145,505,000Source | 708,831,000Source | 561,729,000Source | 606,521,000Source | 613,249,000Source |
| Labor and Related ExpenseUSD | — | — | 81,132,000Source | 60,108,000Source | 79,088,000Source | 62,856,000Source | 80,737,000Source | 61,931,000Source | 287,499,000Source | 233,653,000Source | 222,135,000Source | 204,711,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
| Amortization of Intangible Assets | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossPeriodIncreaseDecrease | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
Offerings
Registration 333-299616
Registration 333-284527
Filing attachments
d918869dex41.htm · 8-K · 2025-03-25
EX-4.1 3 d918869dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 INDEPENDENT BANK CORP. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee INDENTURE Dated as of March 25, 2025 SUBORDINATED DEBT SECURITIES TABLE OF CONTENTS ARTICLE I Definitions And Other Provisions Of General Application 1 Section 1.1 Rules of Construction …
Read attachment ↗d918869dex42.htm · 8-K · 2025-03-25
EX-4.2 4 d918869dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 INDEPENDENT BANK CORP. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee SUPPLEMENTAL INDENTURE Dated as of March 25, 2025 to INDENTURE Dated as of March 25, 2025 7.25% Fixed-to-Floating Rate Subordinated Notes Due 2035 TABLE OF CONTENTS ARTICLE 1 DEFINITIONS 2 1.01. …
Read attachment ↗d918869dex43.htm · 8-K · 2025-03-25
EX-4.3 5 d918869dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 FORM OF GLOBAL NOTE THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE REFERRED TO IN THIS SECURITY AND IS REGISTERED IN THE NAME OF A DEPOSITARY (AS DEFINED IN THE INDENTURE) OR ITS NOMINEE. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED FOR SECURITIES REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE OR A SUCCESSOR OF SUCH DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR AN…
Read attachment ↗d843045dex992.htm · S-4/A · 2025-02-14
EX-99.2 4 d843045dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 1251 AVENUE OF THE AMERICAS, 6TH FLOOR NEW YORK, NY 10020 P 212 466-7800 | TF 800 635-6851 Piper Sandler & Co. Since 1885 Member SIPC and NYSE. CONSENT OF PIPER SANDLER & CO. We hereby consent to the inclusion of our opinion letter to the Board of Directors of Enterprise Bancorp, Inc. (the “Company”) as an Annex to the Proxy Statement/Prospectus relating to the proposed merger of the Company with Independent B…
Read attachment ↗d843045dex992.htm · S-4 · 2025-01-27
EX-99.2 7 d843045dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 1251 AVENUE OF THE AMERICAS, 6TH FLOOR NEW YORK, NY 10020 P 212 466-7800 | TF 800 635-6851 Piper Sandler & Co. Since 1885 Member SIPC and NYSE. CONSENT OF PIPER SANDLER & CO. We hereby consent to the inclusion of our opinion letter to the Board of Directors of Enterprise Bancorp, Inc. (the “Company”) as an Annex to the Proxy Statement/Prospectus relating to the proposed merger of the Company with Independent B…
Read attachment ↗