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Independent Bank Corp INDB Net Interest Income (After Provisions)

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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$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:InterestIncomeExpenseAfterProvisionForLoanLoss.

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
Total interest expense78,36570,696156,171137,111
Net interest income210,927147,496423,386293,001
Provision for credit losses6,2507,20011,75022,200
Net interest income after provision for credit losses204,677140,296411,636270,801
Non-interest income
Deposit account fees9,3937,14118,64214,194
Interchange and ATM fees5,6864,99710,7049,619
Investment management and advisory14,96111,38029,12622,600

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's net interest income (after provisions)?
Independent Bank Corp (INDB) reported net interest income (after provisions) of $204.68M in Q2 2026.
How has Independent Bank Corp's net interest income (after provisions) changed year-over-year?
Independent Bank Corp's net interest income (after provisions) increased by 45.9% year-over-year, from $140.3M to $204.68M.
What is the long-term trend for Independent Bank Corp's net interest income (after provisions)?
Over 4 years (2021 to 2025), Independent Bank Corp's net interest income (after provisions) has grown at a 13.8% compound annual growth rate (CAGR), from $383.35M to $643.36M.
What does net interest income (after provisions) mean?
This metric adjusts net interest income by subtracting the provision for credit losses, providing a view of the bank's core profitability after accounting for expected credit risk. It offers a more accurate assessment of the bank's sustainable earnings power relative to its risk profile.

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