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Independent Bank Corp INDB Net increase in capital commitments relating to low income housing project investments

Net increase in capital commitments relating to low income housing project investments at other companies

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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:CapitalcommitmentrelatingtoLowIncomeHousingProjectinvestmentsnoncash.

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 net increase in capital commitments relating to low income housing project investments?
Independent Bank Corp (INDB) reported net increase in capital commitments relating to low income housing project investments of $0 in Q1 2026.
How has Independent Bank Corp's net increase in capital commitments relating to low income housing project investments changed year-over-year?
Independent Bank Corp's net increase in capital commitments relating to low income housing project investments decreased by 100.0% year-over-year, from $10.22M to $0.
What is the long-term trend for Independent Bank Corp's net increase in capital commitments relating to low income housing project investments?
Over 3 years (2022 to 2025), Independent Bank Corp's net increase in capital commitments relating to low income housing project investments has grown at a 56.0% compound annual growth rate (CAGR), from $17.71M to $67.25M.
What does net increase in capital commitments relating to low income housing project investments mean?
Captures the non-cash contractual obligations or future commitments to fund low-income housing projects. Monitoring these commitments is essential for assessing future liquidity needs and long-term tax credit realization.