Independent Bank (INDB) earnings

INDEPENDENT BANK CORP· Financials

Results to: Jun 2026
Latest analysed call: Sep 2026 (Q3 FY26)
Balance sheet to: Dec 2025

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Independent Bank earnings: last reported Fri, 16 Oct 2026, for the quarter ended Sep 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	Unavailable	—	Quarterly, as filed	Quarter to Jun 2026	Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Operating margin	Unavailable	—	Operating profit / revenue	Quarter to Jun 2026	Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Net profit	81.8 $ million	+60.1% YoY	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$79.46 −0.53% · −$0.42

Last close Oct 19, 2026 · US · USD

Performance +20.0% 1Y

1Y: $66.23 on 17 Oct 2025 → $79.46. High $87.17 (16 Jul 2026), low $66.23 (17 Oct 2025).

Previous close: $79.88
52-week range: $66.46 – $87.17
One year: +15.83%

Overview

Symbol: INDB
Sector: Financials
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: +60% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Profit before tax	55	63	57	66	44	95	104	107
Net profit	43	50	44	51	34	75	80	82
EPS ($ per share)	1.01	—	1.04	1.20	0.69	—	1.63	1.70

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	0	0	0	0	0	0	0	0
Reserves	547	654	716	767	934	1,077	1,173	1,269
Total liabilities	7,778	9,687	11,502	17,405	16,407	16,452	16,380	21,347
Fixed assets	98	124	116	196	197	193	193	218
Total assets	8,852	11,395	13,204	20,423	19,294	19,347	19,374	24,913

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	142	217	65	190	421	277	230	251
Cash from investing	-388	20	-488	-63	-1,000	-212	-33	5
Cash from financing	283	-336	1,569	817	-1,308	-194	-201	296
Net cash flow	37	-99	1,146	944	-1,888	-129	-4	552
Capital expenditure	-11	-17	-13	-25	-22	-16	-20	-12
Free cash flow	131	200	52	165	399	261	209	239

Source: Inve data · cash flow · to Dec 2025

INDB operating KPIs by quarter

INDB operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Mar 2026 Q1 FY26	Jun 2026 Q2 FY26	Sep 2026 Q3 FY26	Change vs prior quarter
Return on tangible common equity (ROTCE)	—	14.05% And to summarize the quarter results, 2026 second quarter net income was $81.8 million, and diluted EPS was $1.70, resulting in a 1.34% return on assets, a 9.24% return on average common equity and a 14.05% return on average tangible common equity. Source: earnings call transcript	15.4% Return on assets for the quarter was 1.42%, and return on average tangible common equity was 15.4%. Source: earnings call transcript	+1.3 pt
Common equity tier 1 ratio (CET1)	12.87% As Jeff alluded to in his comments, we maintained our robust CET1 capital ratios at 12.87%, while repurchasing $63.3 million in capital during the quarter, and increasing our common dividend 8.5% to $0.64 per quarter. Source: earnings call transcript	12.8% During the second quarter, we repurchased $75 million in capital, bringing our capital ratios down slightly, with the CET1 ratio at June 30 now at 12.8% and the tangible capital ratio at 9.7%. Source: earnings call transcript	12.7% As of September 30, our CET1 ratio sits at 12.7%, and our tangible capital ratio was at 9.4%. Source: earnings call transcript	-0.1 pt
Net interest margin	—	3.76% Spot margin for June stayed at 3.76%, which is what the full quarter was despite that cost of deposit increase I just mentioned. Source: earnings call transcript	3.89% The net interest margin for the quarter of 3.89% increased 4 basis points from the prior quarter as a result of increased purchase accounting benefit, while the adjusted core margin, excluding purchase accounting and other noncore items, was flat at 3.76%. Source: earnings call transcript	+0.1 pt

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Insider filings

88 filings between Nov 10, 2025 and Aug 28, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$15.31M

10 sales by 6 insiders

Compensation

not trading decisions

31: Award — granted as compensation
42: Tax withheld — shares kept back by the company to cover tax

Also filed: 5 gifts.

Who traded

open market only

Insider	Bought	Sold	Last filing
ANSIN KEN S	—	$13.73M	Nov 14, 2025
Nadeau Gerard F	—	$807.7K	Aug 3, 2026
Venables Thomas R	—	$341.2K	Aug 25, 2026
LERNER JOSEPH C	—	$219.0K	May 18, 2026
MORRISSEY JOHN J	—	$170.4K	Feb 6, 2026
Abelli Donna L	—	$44.5K	Feb 4, 2026

Latest filings (50)

Date	Insider	What	Shares	Value
Aug 28, 2026	MISKELL EILEEN C Director	Gift	842	$0
Aug 25, 2026	Venables Thomas R Director	Sale	3,750	$311.2K
Aug 3, 2026	Nadeau Gerard F Director	Sale	5,307	$449.5K
May 19, 2026	ANSIN KEN S Director	Award	842	$0
May 19, 2026	MORRISSEY JOHN J Director	Award	842	$0
May 19, 2026	Venables Thomas R Director	Award	842	$0
May 19, 2026	MISKELL EILEEN C Director	Award	842	$0
May 19, 2026	Hogan Michael P. Director	Award	842	$0
May 19, 2026	O'DAY SUSAN PERRY Director	Award	842	$0
May 19, 2026	MORTON JAMES O'SHANNA Director	Award	842	$0
May 19, 2026	Nadeau Gerard F Director	Award	842	$0
May 19, 2026	O'Leary Leif Director	Award	842	$0
May 19, 2026	OBrien Daniel F Director	Award	842	$0
May 19, 2026	Abelli Donna L Director	Award	842	$0
May 19, 2026	PERRY DAWN Director	Award	842	$0
May 19, 2026	LERNER JOSEPH C Director	Award	842	$0
May 18, 2026	LERNER JOSEPH C Director	Sale	2,832	$219.0K
Apr 10, 2026	Lentz Mary L Director	Award	810	$0
Mar 12, 2026	Harris Maria S Chief Human Resources Officer	Award	784	$0
Mar 12, 2026	O'MALLEY KATHRYN Chief Credit Officer	Tax withheld	186	$13.8K
Mar 12, 2026	Tengel Jeffrey J Chief Executive Officer	Award	4,656	$0
Mar 12, 2026	RIZZO JAMES T. Chief Commercial Banking Off.	Tax withheld	199	$14.7K
Mar 12, 2026	RIZZO JAMES T. Chief Commercial Banking Off.	Award	738	$0
Mar 12, 2026	Harris Maria S Chief Human Resources Officer	Tax withheld	211	$15.6K
Mar 12, 2026	Ruggiero Mark J CFO & EVP Consumer Lending	Tax withheld	460	$34.0K
Mar 12, 2026	Ruggiero Mark J CFO & EVP Consumer Lending	Award	1,706	$0
Mar 12, 2026	Nadeau Gerard F Director	Award	1,337	$0
Mar 12, 2026	Nadeau Gerard F Director	Tax withheld	360	$26.6K
Mar 12, 2026	Tengel Jeffrey J Chief Executive Officer	Tax withheld	2,141	$158.4K
Mar 12, 2026	O'MALLEY KATHRYN Chief Credit Officer	Award	692	$0
Feb 27, 2026	Ruggiero Mark J CFO & EVP Consumer Lending	Award	1,049	$82.7K
Feb 27, 2026	Powlus Lee C Chief Administrative Officer	Award	504	$39.7K
Feb 22, 2026	NATALE PATRICIA M General Counsel	Tax withheld	148	$12.2K
Feb 22, 2026	Harris Maria S Chief Human Resources Officer	Tax withheld	148	$12.2K
Feb 22, 2026	RIZZO JAMES T. Chief Commercial Banking Off.	Tax withheld	153	$12.6K
Feb 22, 2026	O'MALLEY KATHRYN Chief Credit Officer	Tax withheld	148	$12.2K
Feb 22, 2026	GAFFNEY MAUREEN A. Principal Accounting Officer	Tax withheld	108	$8.9K
Feb 22, 2026	Powlus Lee C Chief Administrative Officer	Tax withheld	168	$13.8K
Feb 22, 2026	Ruggiero Mark J CFO & EVP Consumer Lending	Tax withheld	332	$27.4K
Feb 22, 2026	Tengel Jeffrey J Chief Executive Officer	Tax withheld	872	$71.9K
Feb 20, 2026	Powlus Lee C Chief Administrative Officer	Tax withheld	238	$19.6K
Feb 20, 2026	O'MALLEY KATHRYN Chief Credit Officer	Tax withheld	143	$11.8K
Feb 20, 2026	RIZZO JAMES T. Chief Commercial Banking Off.	Tax withheld	224	$18.5K
Feb 20, 2026	NATALE PATRICIA M General Counsel	Tax withheld	220	$18.1K
Feb 20, 2026	Harris Maria S Chief Human Resources Officer	Tax withheld	211	$17.4K
Feb 20, 2026	GAFFNEY MAUREEN A. Principal Accounting Officer	Tax withheld	135	$11.1K
Feb 20, 2026	Tengel Jeffrey J Chief Executive Officer	Tax withheld	859	$70.8K
Feb 20, 2026	Ruggiero Mark J CFO & EVP Consumer Lending	Tax withheld	337	$27.8K
Feb 19, 2026	Powlus Lee C Chief Administrative Officer	Award	2,350	$0
Feb 19, 2026	O'Neill Tamina Chief Risk Officer	Award	2,300	$0

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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Independent Bank (INDB) earnings

The figures, each with its period

Performance +20.0% 1Y

Sep 2026 (Q3 FY26) — Oct 16, 2026

Jun 2026 (Q2 FY26) — Jul 17, 2026

Mar 2026 (Q1 FY26) — Apr 17, 2026

Independent Bank earnings calls (INDB)

What the filings say

INDB operating KPIs by quarter

Insider filings

Open market

Compensation

Who traded

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