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Independent Bank Corp INDB Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

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$30.42M-15.4%
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Independent Bank Corporation logo
Independent Bank CorporationIBCP
$38.22M-24.1%
Financial Institutions logo
Financial InstitutionsFISI
$8.8M-16.8%

Other financials

Income statement

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Revenue$253.3M+39.3%
Net income$81.8M+60.1%
EPS (diluted)$1.70+41.7%

Balance sheet

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Cash & equivalents$1.0B+11.1%
Total debt$701.5M-7.6%
Total equity$3.5B+14.2%
Total assets$25.0B+24.6%

Cash flow

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Operating cash flow$73.4M-31.2%
CapEx$6.4M+52.5%
Free cash flow$67.0M-34.7%

Valuation

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Market cap$4B+26.0%
Enterprise value$3.7B+22.0%
P/E14.7×-2.1×
P/S-0.5×

Profitability

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Net margin27%+0.6pp
FCF margin30.3%+0.1pp

Returns & leverage

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Return on equity8.2%+1.9pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss.

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 itemJune 30, 2026 / Amortized CostJune 30, 2026 / Gross Unrealized GainsJune 30, 2026 / Gross Unrealized LossesJune 30, 2026 / Allowance for credit lossesJune 30, 2026 / Fair ValueDecember 31, 2025 / Amortized CostDecember 31, 2025 / Gross Unrealized GainsDecember 31, 2025 / Gross Unrealized LossesDecember 31, 2025 / Allowance for credit lossesDecember 31, 2025 / Fair Value
U.S. treasury securities$100,911$(3,408)$97,503$100,872$(3,748)$97,124
Agency mortgage-backed securities653,630177(38,749)615,058694,903339(35,827)659,415
Agency collateralized mortgage obligations348,671(45,598)303,073370,698(44,900)325,798
Small business administration pooled securities107,098(5,088)102,010112,554183(4,341)108,396
Total held to maturity securities$1,210,310$177$(92,843)$1,117,644$1,279,027$522$(88,816)$1,190,733

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's cumulative gross losses and impairments?
Independent Bank Corp (INDB) reported cumulative gross losses and impairments of $92.84M in Q2 2026.
How has Independent Bank Corp's cumulative gross losses and impairments changed year-over-year?
Independent Bank Corp's cumulative gross losses and impairments decreased by 15.2% year-over-year, from $109.44M to $92.84M.
What is the long-term trend for Independent Bank Corp's cumulative gross losses and impairments?
Over 5 years (2020 to 2025), Independent Bank Corp's cumulative gross losses and impairments has grown at a 204.0% compound annual growth rate (CAGR), from $342K to $88.82M.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

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