Independent Bank Corp. reported strong Q3 results, driven by its recent Enterprise Bank acquisition and stable organic growth. INDB saw significant increases in loans and deposits, with net interest margin improvement and adjusted EPS of $1.55, beating consensus by $0.02. Asset quality softened slightly due to acquired nonperforming loans, but operational return metrics improved, and credit los...
Independent Bank Corp. (NASDAQ:INDB ) Q3 2025 Earnings Call October 17, 2025 10:00 AM EDT Company Participants Jeffrey Tengel - President, CEO & Director Mark Ruggiero - Chief Financial Officer Conference Call Participants Stephen Moss - Raymond James & Associates, Inc., Research Division Mark Fitzgibbon - Piper Sandler & Co., Research Division Laura Havener Hunsicker - Seaport Research Partner...
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2025 third quarter net income of $34.3 million, or $0.69 per diluted share, as compared to 2025 second quarter net income of $51.1 million, or $1.20 per diluted share. The decrease in net income was primarily driven by higher merger-related costs and th...
The acquisition of Enterprise Bancorp in July would've increased the loan portfolio's size by around 27%. On the other hand, the planned runoff in the commercial real estate portfolio and low organic growth will likely curtail loan growth for the year. The net interest margin will likely get squeezed because of the impact of the Fed funds rate cuts on loan yields.
ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, will host its quarterly conference call to discuss third quarter results on Friday, October 17, 2025, at 10:00 AM Eastern Time. Telephonic access will be available by dial-in at 888-336-7153 reference: INDB. Participants may also choose to pre-register for the conferen...
ROCKLAND, Mass.--(BUSINESS WIRE)--The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend. The dividend will be payable on October 7, 2025, to stockholders of record as of the close of business on September 29, 2025. ABOUT INDEPENDENT BANK CORP. Independent Bank Corp. (NASDAQ Global Select...
Independent Bank Corp. (NASDAQ:INDB ) Q2 2025 Earnings Conference Call July 18, 2025 10:00 AM ET Company Participants Jeffrey J. Tengel - President, CEO & Director Mark J.
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