Independent Bank Corp. Reports First Quarter Net Income of $44.4 Million
Independent Bank Corp. (INDB)
Last independent bank corp. earnings: 4/23 04:10 pm
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US:NASDAQ Investor Relations:
independentbankgroup.gcs-web.com/investor-relations
Company Research
Source: Business Wire
Solid Fundamentals Offset by Elevated Provision ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2025 first quarter net income of $44.4 million, or $1.04 per diluted share, as compared to 2024 fourth quarter net income of $50.0 million, or $1.18 per diluted share. The decline was primarily driven by a higher loan loss provision. These financial results include pre-tax merger-related costs of $1.2 million and $1.9 million for the first quarter of 2025 and fourth quarter of 2024, respectively, associated with the Company’s pending acquisition of Enterprise Bancorp, Inc. (“Enterprise”) and its subsidiary, Enterprise Bank. Excluding merger-related costs and the related tax effects, 2025 first quarter operating net income was $45.3 million, or $1.06 per diluted share, compared to $51.4 million, or $1.21 per diluted share for the 2024 fourth quarter. Please refer to Appendix B for a reconciliat
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INDB
Earnings
- 10/16/25 - Beat
INDB
Sec Filings
- 12/15/25 - Form 8-K
- 12/10/25 - Form 8-K
- 12/8/25 - Form 4
- INDB's page on the SEC website