secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K
Filed at:   2026-07-16T20:14:28+00:00
Accession:  0000776901-26-000121
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Independent Bank Corp Q2 net income $81.8M, EPS $1.70; deposits up 1.5%
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- Q2 net income $81.8M ($1.70 diluted EPS) vs Q1 $79.9M ($1.63); no merger costs in Q2.
- Deposits grew $294.6M to $20.4B (+1.5%); core deposits 84.1% of total.
- Repurchased 964,000 shares for $75M at avg $77.79; $151M remaining authorization.
- Net interest margin 3.85% (down 5 bps); adjusted margin 3.76% (up 4 bps).
- 2026 guidance: core operating expenses $553-557M; Q4 NIM target 3.90-3.95%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000121/0000776901-26-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000121/indb-20260716.htm
  HTML page:      https://secwatch.observer/filing/0000776901-26-000121

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