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Independent Bank Corp INDB Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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$4K

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:GainLossOnSaleOfPropertyPlantEquipment.

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 itemSix Months Ended / June 30 / 2026Six Months Ended / June 30 / 2025
Provision for credit losses11,75022,200
Deferred income tax expense691447
Net gain on equity securities(198)(169)
Net loss on bank premises and equipment1292
Net loss on other real estate owned and foreclosed assets51
Stock based compensation5,6354,844
Increase in cash surrender value of life insurance policies(5,348)(4,103)
Gain on life insurance benefits(1,018)(1,650)

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's gain (loss) on disposal of assets?
Independent Bank Corp (INDB) reported gain (loss) on disposal of assets of -$12K in Q2 2026.
How has Independent Bank Corp's gain (loss) on disposal of assets changed year-over-year?
Independent Bank Corp's gain (loss) on disposal of assets increased by 33.3% year-over-year, from -$18K to -$12K.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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