---
schema_version: "secwatch.filing_event.v1"
accession: "0000776901-25-000263"
form_type: "8-K"
ticker: "INDB"
cik: "0000776901"
company_name: "INDEPENDENT BANK CORP"
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T06:06:05.027064+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Independent Bank Q2 net income $51.1M, $1.20 EPS; authorizes $150M buyback

## Summary
- Q2 net income $51.1M ($1.20 diluted EPS) vs Q1 $44.4M ($1.04); operating EPS $1.25.
- Nonperforming loans fell to $56.2M from $89.5M; provision cut to $7.2M from $15.0M.
- Deposits grew $218M (5.6% annualized) to $15.9B; loans up $42M (1.2% annualized).
- Board authorized $150M common stock repurchase plan expiring July 16, 2026.
- Tangible book value per share rose $0.99 to $48.80 (+2.1% from prior quarter).

## SEC filing metadata
- accession: 0000776901-25-000263
- form_type: 8-K
- ticker: INDB
- cik: 0000776901
- company_name: INDEPENDENT BANK CORP
- filed_at: 2025-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/776901/000077690125000263/0000776901-25-000263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/776901/000077690125000263/indb-20250717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000776901-25-000263
- JSON: https://secwatch.observer/filing/0000776901-25-000263.json
- Plain text: https://secwatch.observer/filing/0000776901-25-000263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.