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Independent Bank Corp INDB Junior Subordinated Notes

Junior Subordinated Notes at other companies

International Bancshares logo
International BancsharesIBOC
$108.87M0.0%
FIB
First Interstate BancSystem, Inc.FIBK
$149.9M-8.1%
Valley National Bank logo
Valley National BankVLY
$57.89M+0.6%
Flagstar Bank
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Flagstar Bank FLG

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$4B+36.8%

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:JuniorSubordinatedNotes.

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 junior subordinated notes?
Independent Bank Corp (INDB) reported junior subordinated notes of $62.86M in Q1 2026.
How has Independent Bank Corp's junior subordinated notes changed year-over-year?
Independent Bank Corp's junior subordinated notes increased by 0.0% year-over-year, from $62.86M to $62.86M.
What is the long-term trend for Independent Bank Corp's junior subordinated notes?
Over 5 years (2020 to 2025), Independent Bank Corp's junior subordinated notes has grown at a 0.0% compound annual growth rate (CAGR), from $62.85M to $62.86M.
What does junior subordinated notes mean?
These are debt obligations that rank below other senior debt in the event of a bank liquidation. They are often issued to bolster regulatory capital ratios and provide a layer of loss-absorbing capacity. The issuance of these notes is a strategic decision to optimize the bank's capital structure and meet regulatory requirements.