secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0000776901-26-000097
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

INDB Q1 net income $79.9M ($1.63 EPS), NIM 3.90%, dividend up 8.5%
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- Net income $79.9M (diluted EPS $1.63); operating EPS $1.68.
- Net interest margin 3.90% (+13bps QoQ); adjusted NIM 3.72% (+8bps).
- Total loans down $78.3M (0.4%) amid flat C&I growth and CRE runoff.
- Nonperforming loans $96.6M (0.52%) vs $83.6M; criticized loans $575.5M (+$102.7M).
- Share repurchases ~802k shares for $63.3M; dividend increased 8.5% to $0.64/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000097/0000776901-26-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000097/indb-20260416.htm
  HTML page:      https://secwatch.observer/filing/0000776901-26-000097

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