---
schema_version: "secwatch.filing_event.v1"
accession: "0000776901-26-000152"
form_type: "8-K"
ticker: "INDB"
cik: "0000776901"
company_name: "INDEPENDENT BANK CORP"
filed_at: "2026-10-15T20:14:26+00:00"
generated_at: "2026-10-15T20:15:06.630484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Independent Bank Q3 2026 net income $89.7M, EPS $1.90, up 12% QoQ; NPLs rise on office loan

## Summary
- Net income $89.7M, or $1.90 diluted EPS, vs $81.8M/$1.70 in Q2 2026 and $34.3M/$0.69 (operating $77.4M/$1.55) a year ago; ROAA 1.42%, ROATCE 15.43%.
- NIM 3.89% (+4bp QoQ; adjusted 3.76% flat); net interest income $220.7M, up $9.7M; deposits $20.5B (+$135.3M, 0.7%) and loans $18.6B (+$158.2M, 0.9%).
- Nonperforming loans rose to $125.7M (0.68% of loans) from $103.6M, driven by one office real estate loan; provision $6.5M; delinquencies up 30bp to 0.73%.
- Repurchased ~679,000 shares for $57.4M at an average $84.60, leaving ~$93M under the $200M buyback plan adopted April 30, 2026.
- Q4 2026 guidance: reported NIM in low 3.90% range (incl. ~10bp purchase accretion benefit); expenses ex-conversion up low-single digits; core conversion costs $1.0-1.5M.

## SEC filing metadata
- accession: 0000776901-26-000152
- form_type: 8-K
- ticker: INDB
- cik: 0000776901
- company_name: INDEPENDENT BANK CORP
- filed_at: 2026-10-15T20:14:26+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/776901/000077690126000152/0000776901-26-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/776901/000077690126000152/indb-20261015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000776901-26-000152
- JSON: https://secwatch.observer/filing/0000776901-26-000152.json
- Plain text: https://secwatch.observer/filing/0000776901-26-000152.txt

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