secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0000776901-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Independent Bank Corp Q4 EPS $1.52 ($1.70 operating); NIM expands 15 bps
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- Net income $75.3M ($1.52 diluted EPS); operating net income $84.4M ($1.70 EPS) vs Q3 operating $1.55 EPS.
- Net interest margin 3.77% (+15 bps QoQ); target Q4 2026 NIM 3.85%-3.90%.
- Loan growth $51.3M (0.3%) driven by C&I; deposits down $169M due to seasonal business outflows.
- Repurchased 548k shares for $37.5M; tangible book value per share $47.55, up $1.04.
- 2026 guidance: core operating expenses $550-555M; expects two Fed rate cuts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000004/0000776901-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000004/indb-20260122.htm
  HTML page:      https://secwatch.observer/filing/0000776901-26-000004

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