---
schema_version: "secwatch.filing_event.v1"
accession: "0000776901-25-000304"
form_type: "8-K"
ticker: "INDB"
cik: "0000776901"
company_name: "INDEPENDENT BANK CORP"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:59:57.388497+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Independent Bank Corp. reports Q3 2025 operating EPS $1.55; margin expands 25 bps to 3.62%

## Summary
- GAAP net income $34.3M ($0.69 EPS); operating net income $77.4M ($1.55 EPS) reflecting Enterprise acquisition impact.
- Net interest margin rose to 3.62% (adjusted 3.54%) from 3.37% in Q2; total loans flat at $18.5B.
- Enterprise Bancorp acquisition closed July 1; system conversion done; cost saves on track.
- Loan loss provision of $38.5M includes $34.5M for acquired Enterprise loans; NPLs $86.6M (0.47% of loans).
- Capital strong: CET1 12.84%; TBV per share $46.63; repurchased 494K shares for $32.1M in Q3 and Q4-to-date.

## SEC filing metadata
- accession: 0000776901-25-000304
- form_type: 8-K
- ticker: INDB
- cik: 0000776901
- company_name: INDEPENDENT BANK CORP
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/776901/000077690125000304/0000776901-25-000304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/776901/000077690125000304/indb-20251103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000776901-25-000304
- JSON: https://secwatch.observer/filing/0000776901-25-000304.json
- Plain text: https://secwatch.observer/filing/0000776901-25-000304.txt

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