secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K/A
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0000776901-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Independent Bank Corp revises pro forma ROAA for Enterprise acquisition to 1.41% (was 1.14%)
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- Pro Forma ROAA (2026E) corrected from 1.14% to 1.41% on slide 16 of Q4 2024 earnings presentation.
- Correction reflects updated assumptions for Enterprise Bancorp acquisition; all other metrics unchanged.
- Q4 2024 GAAP net income $50.0M, diluted EPS $1.18; operating EPS $1.21.
- 2025 guidance: low to mid-single digit loan/deposit growth, NIM expansion ~15bps from Q4 2024 core.
- Enterprise acquisition expected to close with ~16.2% GAAP EPS accretion (2026E) and ~3yr TBV earnback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690125000009/0000776901-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690125000009/indb-20250116.htm
  HTML page:      https://secwatch.observer/filing/0000776901-25-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer