What is Independent Bank Corp's issuance of restricted stock awards, net of issuance cost?

Independent Bank Corp (INDB) reported issuance of restricted stock awards, net of issuance cost of $2.2M in Q1 2026.

Independent Bank Corp INDB Issuance Of Restricted Stock Awards, Net of Issuance Cost

Revenue$252.7M+41.9%

Net income$79.9M+79.9%

EPS (diluted)$1.63+56.7%

Cash & equivalents$729.0M+1.7%

Total debt$776.3M-9.7%

Total equity$3.5B+16.8%

Total assets$24.8B+24.6%

Operating cash flow$117.2M+779%

CapEx$5.6M+176%

Free cash flow$111.6M+887%

Market cap$4B+36.8%

Net margin25.8%-1.1pp

FCF margin36.4%+11.5pp

Return on equity7.3%+0.9pp

Debt / equity0.2×-0.1×

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept indb:IssuanceOfRestrictedStockAwardsNetofIssuanceCost.

The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

What is Independent Bank Corp's issuance of restricted stock awards, net of issuance cost?: Independent Bank Corp (INDB) reported issuance of restricted stock awards, net of issuance cost of $2.2M in Q1 2026.
How has Independent Bank Corp's issuance of restricted stock awards, net of issuance cost changed year-over-year?: Independent Bank Corp's issuance of restricted stock awards, net of issuance cost increased by 62.5% year-over-year, from $1.35M to $2.2M.