INDEPENDENT BANK CORP financial data

Symbol
INDB on Nasdaq
Location
Rockland, MA
Fiscal year end
31 December
Latest financial report
27 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 580% % 3.8%
Return On Equity 6.2% % -4.9%
Return On Assets 0.91% % -7.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 48,985,295 shares 15%
Common Stock, Shares, Outstanding 49,243,813 shares 16%
Entity Public Float $2,657,263,240 USD 24%
Common Stock, Value, Issued $490,000 USD 16%
Weighted Average Number of Shares Outstanding, Basic 46,169,692 shares 8.6%
Weighted Average Number of Shares Outstanding, Diluted 46,191,082 shares 8.7%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $44,387,000 USD -20%
Net Income (Loss) Attributable to Parent $205,122,000 USD 6.8%
Earnings Per Share, Basic 4.44 USD/shares -1.8%
Earnings Per Share, Diluted 4.44 USD/shares -1.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net $218,190,000 USD 13%
Operating Lease, Right-of-Use Asset $73,200,000 USD 34%
Intangible Assets, Net (Excluding Goodwill) $133,576,000 USD 987%
Goodwill $1,090,610,000 USD 11%
Assets $24,912,896,000 USD 29%
Liabilities $21,347,168,000 USD 30%
Accumulated Other Comprehensive Income (Loss), Net of Tax $39,754,000 USD 56%
Retained Earnings (Accumulated Deficit) $1,269,113,000 USD 8.2%
Stockholders' Equity Attributable to Parent $3,565,728,000 USD 19%
Liabilities and Equity $24,912,896,000 USD 29%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $13,342,000 USD -74%
Net Cash Provided by (Used in) Financing Activities $503,525,000 USD
Net Cash Provided by (Used in) Investing Activities $19,913,000 USD -225%
Common Stock, Shares Authorized 75,000,000 shares 0%
Common Stock, Shares, Issued 49,243,813 shares 16%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $496,954,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $771,902,000 USD 251%
Deferred Tax Assets, Valuation Allowance $485,000 USD -8.7%
Deferred Tax Assets, Gross $184,027,000 USD 36%
Operating Lease, Liability $75,406,000 USD 33%
Payments to Acquire Property, Plant, and Equipment $2,032,000 USD -54%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $255,375,000 USD 18%
Lessee, Operating Lease, Liability, to be Paid $86,977,000 USD 37%
Property, Plant and Equipment, Gross $405,426,000 USD 13%
Lessee, Operating Lease, Liability, to be Paid, Year Two $15,182,000 USD 18%
Lessee, Operating Lease, Liability, to be Paid, Year One $15,623,000 USD 12%
Operating Lease, Weighted Average Discount Rate, Percent 0.0398 pure 14%
Deferred Income Tax Expense (Benefit) $1,021,000 USD -60%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $11,571,000 USD 64%
Lessee, Operating Lease, Liability, to be Paid, Year Three $12,512,000 USD 21%
Deferred Tax Assets, Operating Loss Carryforwards $1,002,000 USD 60%
Preferred Stock, Shares Authorized 1,000,000 shares 0%
Unrecognized Tax Benefits $0 USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four $10,361,000 USD 42%
Operating Lease, Payments $3,991,000 USD 4%
Additional Paid in Capital $2,335,879,000 USD 22%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $7,315,000 USD 401%
Deferred Tax Assets, Net of Valuation Allowance $183,542,000 USD 37%
Interest Expense $259,665,000 USD 167%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%