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Independent Bank Corp INDB Loans held for sale

Loans held for sale at other companies

Citizens Financial Group logo
Citizens Financial GroupCFG
$1.46B-30.3%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$42.65M
First Merchants Corporation logo
First Merchants CorporationFRME
$77.88M+171%
Customers Bancorp logo
Customers BancorpCUBI
$58.61M+77.8%
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$8.26M+64.8%
CTB
Community Trust BancorpCTBI
$0-100%

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$3.97B+23.5%
Enterprise value$3.67B+19.4%
P/E14.6×-2.4×
P/S-0.6×

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:LoansReceivableHeldForSaleNetNotPartOfDisposalGroup.

The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000776901-26-000129

FAQ

What is Independent Bank Corp's loans held for sale?
Independent Bank Corp (INDB) reported loans held for sale of $21.98M in Q2 2026.
How has Independent Bank Corp's loans held for sale changed year-over-year?
Independent Bank Corp's loans held for sale increased by 30.9% year-over-year, from $16.79M to $21.98M.
What is the long-term trend for Independent Bank Corp's loans held for sale?
Over 5 years (2020 to 2025), Independent Bank Corp's loans held for sale has grown at a -9.2% compound annual growth rate (CAGR), from $58.1M to $35.91M.
What does loans held for sale mean?
Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.

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