What is Independent Bank Corp's lease financings?

Independent Bank Corp (INDB) reported lease financings of $7.9M in Q1 2026.

How has Independent Bank Corp's lease financings changed year-over-year?

Independent Bank Corp's lease financings increased by 31.7% year-over-year, from $6M to $7.9M.

What is the long-term trend for Independent Bank Corp's lease financings?

Over 3 years (2022 to 2025), Independent Bank Corp's lease financings has grown at a 15.5% compound annual growth rate (CAGR), from $5M to $7.7M.

Independent Bank Corp INDB Lease financings

Lease financings at other companies

First BanCorpFBP

$1M-44.4%

GBC

Glacier BancorpGBCI

-$32.18M-8.9%

Stifel FinancialSF

-$746K+77.1%

PopularBPOP

$28.8M-2.0%

Flagstar Bank FLG

$403M—

Community Financial SystemCBU

$89.8M+6.8%

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

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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:FinancingReceivableUnamortizedLoanFeeCost.

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 lease financings?: Independent Bank Corp (INDB) reported lease financings of $7.9M in Q1 2026.
How has Independent Bank Corp's lease financings changed year-over-year?: Independent Bank Corp's lease financings increased by 31.7% year-over-year, from $6M to $7.9M.
What is the long-term trend for Independent Bank Corp's lease financings?: Over 3 years (2022 to 2025), Independent Bank Corp's lease financings has grown at a 15.5% compound annual growth rate (CAGR), from $5M to $7.7M.