What is Independent Bank Corp's loans held for sale activity?

Independent Bank Corp (INDB) reported loans held for sale activity of -$18.73M in Q1 2026.

How has Independent Bank Corp's loans held for sale activity changed year-over-year?

Independent Bank Corp's loans held for sale activity decreased by 1666.4% year-over-year, from $1.2M to -$18.73M.

What does loans held for sale activity mean?

Net change in mortgage and other loans originated for sale into the secondary market.

Independent Bank Corp INDB Loans held for sale activity

Loans held for sale activity at other companies

Citizens Financial GroupCFG

$285M-14.2%

Eastern Bankshares, Inc.EBC

$101.6M+668%

ServisFirst BancsharesSFBS

$76.66M+88.5%

First Financial BanksharesFFIN

-$7.01M-219%

FIB

First Interstate BancSystem, Inc.FIBK

$10.5M-3.7%

First Financial BancorpFFBC

$149.68M+70.1%

Other financials

Income statement

See full

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

See full

Net margin25.8%-1.1pp

FCF margin36.4%+11.5pp

Returns & leverage

See full

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:IncreaseDecreaseInLoansHeldForSale.

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 loans held for sale activity?: Independent Bank Corp (INDB) reported loans held for sale activity of -$18.73M in Q1 2026.
How has Independent Bank Corp's loans held for sale activity changed year-over-year?: Independent Bank Corp's loans held for sale activity decreased by 1666.4% year-over-year, from $1.2M to -$18.73M.
What does loans held for sale activity mean?: Net change in mortgage and other loans originated for sale into the secondary market.