---
schema_version: "secwatch.filing_event.v1"
accession: "0000776901-25-000302"
form_type: "8-K"
ticker: "INDB"
cik: "0000776901"
company_name: "INDEPENDENT BANK CORP"
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:38:39.785429+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Independent Bank posts Q3 operating EPS $1.55; Enterprise acquisition boosts NIM to 3.62%

## Summary
- GAAP net income $34.3M ($0.69 diluted EPS); operating net income $77.4M ($1.55 diluted EPS).
- Net interest margin up 25 bps QoQ to 3.62%; loans +27% to $18.5B, deposits +27.7% to $20.3B.
- Completed Enterprise Bancorp acquisition July 1; acquired $3.9B loans and $4.4B deposits for $503M consideration.
- Pre-tax merger costs $23.9M; provision for credit losses included $34.5M from acquiring Enterprise non-PCD loans.
- Repurchased ~365K shares for $23.4M; tangible book value $46.63 per share, down 4.4% QoQ.

## SEC filing metadata
- accession: 0000776901-25-000302
- form_type: 8-K
- ticker: INDB
- cik: 0000776901
- company_name: INDEPENDENT BANK CORP
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/776901/000077690125000302/0000776901-25-000302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/776901/000077690125000302/indb-20251016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000776901-25-000302
- JSON: https://secwatch.observer/filing/0000776901-25-000302.json
- Plain text: https://secwatch.observer/filing/0000776901-25-000302.txt

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