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Independent Bank Corp INDB Fees And Commission Mortgage Banking

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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$4.08B+28.6%
Enterprise value$3.78B+24.7%
P/E15×-1.8×
P/S4.1×-0.4×

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 indb:FeesAndCommissionMortgageBanking.

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 itemThree Months Ended / June 30 / 2026Three Months Ended / June 30 / 2025Six Months Ended / June 30 / 2026Six Months Ended / June 30 / 2025
Deposit account fees9,3937,14118,64214,194
Interchange and ATM fees5,6864,99710,7049,619
Investment management and advisory14,96111,38029,12622,600
Mortgage banking income1,1741,0722,4441,813
Increase in cash surrender value of life insurance policies2,6362,0385,3484,103
Gain on life insurance benefits6721,6501,0181,650
Loan level derivative income1,317662,2271,108
Other non-interest income6,5525,96413,14311,760

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's fees and commission mortgage banking?
Independent Bank Corp (INDB) reported fees and commission mortgage banking of $1.17M in Q2 2026.
How has Independent Bank Corp's fees and commission mortgage banking changed year-over-year?
Independent Bank Corp's fees and commission mortgage banking increased by 9.5% year-over-year, from $1.07M to $1.17M.
What is the long-term trend for Independent Bank Corp's fees and commission mortgage banking?
Over 4 years (2021 to 2025), Independent Bank Corp's fees and commission mortgage banking has grown at a -23.6% compound annual growth rate (CAGR), from $13.28M to $4.53M.
What does fees and commission mortgage banking mean?
Fees And Commission Mortgage Banking as reported by Independent Bank Corp/MA.

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