Short answer
INDEPENDENT BANK CORP (INDB) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $289M (up 32.6% year over year) with net income of $82M.
Q2 2026 key financials · XBRL
- Revenue
- $289M
- +32.6% YoY · −0.3% QoQ
- Net income
- $82M
- +60.1% YoY · +2.4% QoQ
- EPS (diluted)
- $1.70
- +41.7% YoY · +4.3% QoQ
Source: XBRL data from the INDEPENDENT BANK CORP (INDB) Q2 2026 10-Q on SEC EDGAR. USD.
INDEPENDENT BANK CORP Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $81.8M vs $51.1M YoY; diluted EPS $1.70 vs $1.20
- Net interest margin 3.85% vs 3.37% YoY, up 48 basis points
- Loans $18.4B, down 0.2% quarter-over-quarter; deposits $20.4B, up 1.5%
- Q2 stock repurchases $75.0M at $77.79 average price per share
- Wealth assets under administration $9.5B vs $9.2B at December 31, 2025
Risk Factors
- No Risk Factors section provided; submitted text covers Items 2–6
- New $200 million repurchase plan effective April 30, 2026
- $150 million prior buyback plan completed with approximately $10.5 million remaining at April 30, 2026
- 964,141 shares repurchased during the quarter at average $77.79
- No director or executive officer adopted or terminated Rule 10b5-1 arrangements
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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