INDB · Independent Bank Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted margin non-GAAP | 3.76% | Q2 2026 | — |
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| Average price per share for repurchases | $77.79 | Q2 2026 | — |
| Book value per share | $73.76 | Q2 2026 | — |
| Core deposits as percentage of total deposits | 84.1% | Q2 2026 | — |
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| Delinquencies as a percentage of total loans | 0.43% | Q2 2026 | — |
| Deposit balances | 20.4B | Q2 2026 | — |
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| Loan balances | 18.4B | Q2 2026 | — |
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| Net interest margin | 3.85% | Q2 2026 | — |
| Nonperforming loans | 103.6M | Q2 2026 | — |
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| Nonperforming loans as a percentage of total loans | 0.56% | Q2 2026 | — |
| Ratio of common equity to assets | 14.06% | Q2 2026 | — |
| Ratio of tangible common equity to tangible assets non-GAAP | 9.69% | Q2 2026 | — |
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| Return on average assets | 1.34% | Q2 2026 | — |
| Return on average common equity | 9.24% | Q2 2026 | — |
| Shares repurchased | 964,000 | Q2 2026 | — |
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| Tangible book value per share non-GAAP | $48.34 | Q2 2026 | — |
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| Total cost of deposits | 1.36% | Q2 2026 | — |
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| Wealth management assets under administration | 9.5B | Q2 2026 | — |
| Operating net income non-GAAP | $82.1M | first quarter of 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income 79.92M
+0K Provision for non-PCD acquired loans
+3.02M Merger and acquisition expenses
-830K Net taxes associated with noncore items
= Operating net income 82.11M
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| Operating return on average assets non-GAAP | 1.35% | first quarter of 2026 | — |
| Operating return on average common equity non-GAAP | 9.27% | first quarter of 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Banks - Regional — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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INDB
this stock
Independent Bank Corp
|
$3.95B | +14.0% | — | 15.1 | 4.0% |
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MFG
Mizuho Financial Group Inc
|
$131.93B | +38.5% | — | — | 0.1% |
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HDB
Hdfc Bank Ltd
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$118.97B | -36.6% | +15.2% | — | 0.5% |
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IBN
Icici Bank Ltd
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$105.45B | -1.2% | — | — | 0.5% |
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PNC
Pnc Financial Services Group, Inc.
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$101.11B | +18.1% | +7.2% | 14.0 | 1.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| INDB | -2.3% | -2.3% | +1.6% | -0.6% | +14.0% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -1.9% | -5.2% | -10.0% | -3.6% | +1.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.