Short answer
INDEPENDENT BANK CORP (INDB) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $295M (up 36.1% year over year) with net income of $34M.
Q3 2025 key financials · XBRL
- Revenue
- $295M
- +36.1% YoY · +35.1% QoQ
- Net income
- $34M
- −20.2% YoY · −33.0% QoQ
- EPS (diluted)
- $0.64
- −36.6% YoY · −46.7% QoQ
Source: XBRL data from the INDEPENDENT BANK CORP (INDB) Q3 2025 10-Q on SEC EDGAR. USD.
INDEPENDENT BANK CORP Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Total securities $3.3B at Sept 30, 2025, up $613.7M or 22.63% vs $2.7B at Dec 31, 2024
- Securities as % of total assets declined to 13.3% at Sept 30, 2025 from 14.0% at Dec 31, 2024
- New securities purchases $326.2M with $45.9M unrealized gains during nine months ended Sept 30, 2025
- Acquisition of Enterprise securities portfolio primary driver of securities increase
- Company applies CECL methodology for expected credit losses on securities portfolio
Risk Factors
- No material changes in risk factors since 2024 Form 10-K filing
- Continued exposure to credit risk from loan portfolio concentration in commercial real estate
- Ongoing regulatory compliance risk related to capital adequacy and liquidity requirements
- Competitive pressure risk from larger regional banks impacting market share and pricing
- Interest rate risk affecting net interest margin sensitivity due to asset-liability duration mismatch
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other INDEPENDENT BANK CORP quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.