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Independent Bank Corp INDB Acquisition and integration costs
Acquisition and integration costs at other companies
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Where this comes from
Reported directly by Independent Bank Corp in its filing.
Tagged under the XBRL concept us-gaap:BusinessCombinationAcquisitionRelatedCosts.
The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000776901-26-000129
| Line item | Three Months Ended / June 30 / 2026 | Three Months Ended / June 30 / 2025 | Six Months Ended / June 30 / 2026 | Six Months Ended / June 30 / 2025 |
|---|---|---|---|---|
| Debit card expense | 2,462 | 1,984 | 4,864 | 3,919 |
| Amortization of intangible assets | 6,791 | 1,197 | 13,681 | 2,541 |
| Consulting expense | 3,274 | 1,018 | 5,251 | 2,115 |
| Merger and acquisition expense | — | 2,239 | 3,024 | 3,394 |
| Other non-interest expenses | 19,051 | 16,024 | 35,977 | 29,924 |
| Total non-interest expenses | 140,272 | 108,798 | 283,189 | 214,676 |
| Income before income taxes | 106,796 | 65,806 | 211,099 | 122,972 |
| Provision for income taxes | 24,958 | 14,705 | 49,342 | 27,447 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Independent Bank Corp's acquisition and integration costs?
- Independent Bank Corp (INDB) reported acquisition and integration costs of $0 in Q2 2026.
- How has Independent Bank Corp's acquisition and integration costs changed year-over-year?
- Independent Bank Corp's acquisition and integration costs decreased by 100.0% year-over-year, from $2.24M to $0.
- What is the long-term trend for Independent Bank Corp's acquisition and integration costs?
- Over 4 years (2021 to 2025), Independent Bank Corp's acquisition and integration costs has grown at a -0.7% compound annual growth rate (CAGR), from $40.84M to $39.64M.
- What does acquisition and integration costs mean?
- This metric represents the non-recurring expenses incurred by a financial institution during the pursuit, execution, and post-merger integration of acquired entities. It captures costs such as legal fees, consulting charges, and systems conversion expenses associated with inorganic growth strategies. Monitoring these costs helps investors assess the efficiency of the bank's M&A strategy and the potential for future cost synergies.
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