Independent Bank/$INDB

INDB falls as regional bank stocks slide over escalating US-China tariff tensions triggering broader market selloff.
9 hours agoLightyear AI
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About Independent Bank

Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.

Ticker

$INDB
Sector
Primary listing

Employees

1,837

Independent Bank Metrics

BasicAdvanced
$3.4B
15.53
$4.43
0.93
$3.11
3.43%

Bulls say / Bears say

Net income jumped 15% from the previous quarter to $51.1 million in Q2, fueled by stronger revenues and a lower loan loss provision, showcasing robust earnings momentum. (FT)
The company announced a new $150 million share repurchase program, leveraging its solid capital position—likely to boost EPS and signaling management’s confidence. (FT)
Nonperforming loans dropped to 0.39% of total loans from 0.62%, reflecting effective credit management and improving asset quality. (FT)
Loan balances increased just 0.3% over the quarter (1.2% annualized), showing weak lending demand and falling short of industry hopes for faster commercial loan growth. (FT)
Net interest margin narrowed by 5 basis points to 3.37%, as funding costs rose and the full-quarter impact of subordinated debt took effect, potentially limiting profitability if competition for deposits remains intense. (FT)
Commercial real estate loan balances declined, leaving the bank more exposed to sector volatility as rising Treasury yields drive CRE loan losses higher for regional banks. (FT; Bloomberg)
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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