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Independent Bank Corp INDB Amortization of capitalized software and acquired intangible assets

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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$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:AmortizationOfIntangibleAssets.

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
Software and subscriptions7,0705,16614,13810,193
FDIC assessment3,1582,3736,4865,361
Debit card expense2,4621,9844,8643,919
Amortization of intangible assets6,7911,19713,6812,541
Consulting expense3,2741,0185,2512,115
Merger and acquisition expense2,2393,0243,394
Other non-interest expenses19,05116,02435,97729,924
Total non-interest expenses140,272108,798283,189214,676

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's amortization of capitalized software and acquired intangible assets?
Independent Bank Corp (INDB) reported amortization of capitalized software and acquired intangible assets of $6.79M in Q2 2026.
How has Independent Bank Corp's amortization of capitalized software and acquired intangible assets changed year-over-year?
Independent Bank Corp's amortization of capitalized software and acquired intangible assets increased by 467.3% year-over-year, from $1.2M to $6.79M.
What does amortization of capitalized software and acquired intangible assets mean?
Amortization of capitalized software and acquired intangible assets

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