What is Independent Bank Corp's share buybacks?

Independent Bank Corp (INDB) reported share buybacks of $63.26M in Q1 2026.

What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Independent Bank Corp INDB Share Buybacks

Share Buybacks at other companies

Bank of AmericaBAC

$7.24B+60.1%

Citizens Financial GroupCFG

$300M+50.0%

Eastern Bankshares, Inc.EBC

$73.35M+57.9%

International BancsharesIBOC

$60K—

Community Financial SystemCBU

$15.51M+32,215%

FIB

First Interstate BancSystem, Inc.FIBK

$87.7M+2,641%

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 us-gaap:PaymentsForRepurchaseOfCommonStock.

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 share buybacks?: Independent Bank Corp (INDB) reported share buybacks of $63.26M in Q1 2026.
What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.