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Independent Bank Corp INDB Non Taxable Interest and Dividends on Securities

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Other financials

Income statement

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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 indb:NonTaxableInterestAndDividendsOnSecurities.

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 non taxable interest and dividends on securities?
Independent Bank Corp (INDB) reported non taxable interest and dividends on securities of $114K in Q1 2026.
How has Independent Bank Corp's non taxable interest and dividends on securities changed year-over-year?
Independent Bank Corp's non taxable interest and dividends on securities increased by 11300.0% year-over-year, from $1K to $114K.
What is the long-term trend for Independent Bank Corp's non taxable interest and dividends on securities?
Over 4 years (2021 to 2025), Independent Bank Corp's non taxable interest and dividends on securities has grown at a 115.5% compound annual growth rate (CAGR), from $16K to $345K.
What does non taxable interest and dividends on securities mean?
This metric tracks interest and dividend income derived from investment securities that are exempt from federal or state income taxes. It highlights the bank's strategy for optimizing its after-tax yield on its investment portfolio.