Inferra AI / Company / INDB

Independent Bank Corp

INDB · Financials

Last earnings Oct 15, 2026

Key results

Net incomequarter

$34.3 MILLION

REPORTS THIRD QUARTER NET INCOME OF $34.3 MILLION Rockland, Massachusetts (October 16, 2025) - Independent Bank Corp.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

(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.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

net income was $77.4 million, or $1.55 per diluted share for the third quarter of 2025 compared to operating

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

net income of $53.5 million, or $1.25 per diluted share for the second quarter of 2025 (1) .

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

AI analysis

Q3 2025 · reported Oct 16, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Net income · Q3 2025

$34.3M

EX-99 · Oct 16, 2025

Headline figures

Metric	Q3 2025	Prior qtr	Year ago
Net income	$34.3 MILLION	—	—

EX-99 · Oct 16, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

The Company repurchased approximately 365,000 shares for $23.4 million during the third quarter.

Total period end borrowings increased by $15.9 million, or 2.1%, during the third quarter of 2025, largely reflecting the modest net impact of borrowings assumed from Enterprise At the July 15, 2025 call date, the Company redeemed in full $60.0 million in subordinated notes assumed as part of the Enterprise merger.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

REPORTS THIRD QUARTER NET INCOME OF $34.3 MILLION Rockland, Massachusetts

Based on: Earnings release + Q3 2025 deck + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

The Company repurchased approximately 365,000 shares for $23.4 million during the third quarter.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

In addition, the Company also paid in full approximately $50.0 million of assumed FHLB borrowings during the quarter.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Stockholders equity at September 30, 2025 increased $472.0 million, or 15.4%, compared to June 30, 2025, due primarily to the stock issuance associated with the Enterprise acquisition along with strong earnings retention, partially offset by the impact of share repurchases made during the quarter During the third quarter of 2025, the Company executed on its previously announced $150 million stock repurchase plan, buying back approximately 365,000 shares of common stock for $23.4 million at an average price per share of $64.07.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Funding Costs 2.02% 2.14% 2.25% 2.32% 2.84% 5.57% 5.48% 5.44% 5.49% 5.60% 1.86% 1.77% 1.67% 1.73% 1.72% Security yields Adjusted loan yields(1) Funding costs Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% September 18, 2024 - 50bp Fed rate cut November 7, 2024 - 25bp Fed rate cut December 18, 2024 - 25bp Fed rate cut March 25, 2025 - $300 million sub debt raise September 17, 2025 - 25bp Fed rate cut Key Events (1) Represents a non-GAAP measure.

SEC original ↗Independent Bank Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 16, 2025

Strategy & priorities

We achieved these results while remaining laser focused on improving asset quality metrics, said Jeffrey Tengel, the Chief Executive Officer of Independent Bank Corp.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

Risks & headwinds

and international trade policies, such as tariffs or other factors, the prolongment of the U.

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

7 The Company cautions readers not to place undue reliance on any forward-looking statements as the Company s business and its forward-looking statements involve substantial known and unknown risks and uncertainties described above and in the Company s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q ( Risk Factors ).

SEC original ↗Independent Bank Corp — Earnings release (8-K exhibit)EX-99Oct 16, 2025

The Company cautions readers not to place undue reliance on any forward-looking statements as the Company s business and its forward-looking statements involve substantial known and unknown risks and uncertainties described above and in the Company s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q ( Risk Factors ).

SEC original ↗Independent Bank Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 16, 2025

Documents

Earnings deck slides

0 decks with slide view

Independent Bank Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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