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Independent Bank Corp INDB Noninterest Expense

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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:NoninterestExpense.

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
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
Income before income taxes106,79665,806211,099122,972
Provision for income taxes24,95814,70549,34227,447
Net income$81,838$51,101$161,757$95,525
Basic earnings per share$1.70$1.20$3.33$2.24

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's noninterest expense?
Independent Bank Corp (INDB) reported noninterest expense of $140.27M in Q2 2026.
How has Independent Bank Corp's noninterest expense changed year-over-year?
Independent Bank Corp's noninterest expense increased by 28.9% year-over-year, from $108.8M to $140.27M.
What is the long-term trend for Independent Bank Corp's noninterest expense?
Over 4 years (2021 to 2025), Independent Bank Corp's noninterest expense has grown at a 12.4% compound annual growth rate (CAGR), from $332.53M to $529.88M.
What does noninterest expense mean?
Noninterest Expense

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