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Independent Bank Corp INDB Employee Benefit Trust

Employee Benefit Trust at other companies

CHE
ChemedCHE
$2.3M+4.5%
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$1.03M
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$11.54M-2.3%
Independent Bank Corp logo
Independent Bank CorpINDB
$3.62M+2.8%
Ondas, Inc.
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Ondas, Inc. ONDS
$23.91M
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$1M0.0%

Other financials

Income statement

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Revenue$252.7M+41.9%
Net income$79.9M+79.9%
EPS (diluted)$1.63+56.7%

Balance sheet

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Cash & equivalents$729.0M+1.7%
Total debt$776.3M-9.7%
Total equity$3.5B+16.8%
Total assets$24.8B+24.6%

Cash flow

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Operating cash flow$117.2M+779%
CapEx$5.6M+176%
Free cash flow$111.6M+887%

Valuation

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Market cap$3.91B+36.8%
Enterprise value$3.96B+31.6%
P/E16.3×+1.1×
P/S4.2×+0.1×

Profitability

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Net margin25.8%-1.1pp
FCF margin36.4%+11.5pp

Returns & leverage

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Return on equity7.3%+0.9pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:CompensationAndBenefitsTrust.

The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corp's employee benefit trust?
Independent Bank Corp (INDB) reported employee benefit trust of $3.62M in Q1 2026.
How has Independent Bank Corp's employee benefit trust changed year-over-year?
Independent Bank Corp's employee benefit trust increased by 2.8% year-over-year, from $3.52M to $3.62M.
What is the long-term trend for Independent Bank Corp's employee benefit trust?
Over 5 years (2020 to 2025), Independent Bank Corp's employee benefit trust has grown at a 2.4% compound annual growth rate (CAGR), from $3.07M to $3.45M.
What does employee benefit trust mean?
This account captures the assets or equity adjustments associated with trusts established to fund employee retirement, pension, or incentive plans. It reflects the financial resources set aside by the institution to meet its long-term obligations to its workforce. Changes in this balance provide insight into the company's commitment to employee benefits and the potential impact of these obligations on the firm's overall equity position.