Independent Bank

INDB

Market cap $3.57B

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 losses remain manageable.

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 Partners David Konrad - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Good day, and welcome to the INDB Independent Bank Corp. Third Quarter 2025 Earnings Call. [Operator Instructions] Before proceeding, please note that during this call, we will be making forward-looking statements.

Although the revenue and EPS for Independent Bank Corp. (INDB) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Independent Bank Corp. (INDB) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.01 per share a year ago.

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 the current period provision for credit losses associated with the Company's recently completed acquisit.

Get a deeper insight into the potential performance of Independent Bank Corp. (INDB) for the quarter ended September 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

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 conference by navigating to https://dpregister.com/sreg/10203638/1001737c342 which will provide a unique PIN t.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Independent Bank Corp. (INDB) have what it takes?

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 Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headq.