secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENT BANK CORP (INDB)
CIK:        0000776901
Form:       8-K
Filed at:   2026-07-27T20:05:40+00:00
Accession:  0000776901-26-000126
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Independent Bank Corp. Q2 2026 operating EPS $1.70; updates 2026 guidance
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- Q2 2026 operating EPS $1.70, net income $81.8M; operating ROATCE 14.05%.
- Adjusted NIM expanded 4 bps to 3.76%; Q4 NIM target 3.90-3.95% (incl. 0.10% purchase accretion).
- Loans down 0.2% QoQ; C&I grew 1.7%, CRE declined 2.9%; commercial pipeline $510M (+62.9%).
- Deposits up 1.5% to $20.4B; cost of deposits 1.52%; share repurchases $75M in Q2.
- 2026 guidance: core operating expenses $553-557M; one-time system upgrade costs $5-6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000126/0000776901-26-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/776901/000077690126000126/indb-20260727.htm
  HTML page:      https://secwatch.observer/filing/0000776901-26-000126

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