Independent Bank (INDB) News Today

Independent Bank Corp. (INDB) is trading higher today after reporting strong Q2 results, raising growth targets and receiving upbeat analyst coverage.

• Positive sentiment: Reported Q2 EPS of $1.25, beating consensus by $0.05 and delivered $181.8 million in revenue versus $179.5 million expected. Independent Bank’s (NASDAQ:INDB) Q2 Sales Beat Estimates
• Positive sentiment: Delivered Q2 net income of $51.1 million (or $1.20 per diluted share), up from $44.4 million in Q1, driven by higher revenues and a reduced loan loss provision. Independent Bank Corp. Reports Second Quarter Net Income of $51.1 Million
• Positive sentiment: Announced a plan to grow commercial real estate (CRE) concentration to 290% of tangible common equity by 2027, while continuing to expand commercial & industrial lending. Independent Bank Corp. signals 290% CRE concentration target by 2027 while advancing C&I growth
• Positive sentiment: Shares jumped over 6% following the earnings release, reflecting investor enthusiasm for the beat-and-raise quarter. Independent Bank (NASDAQ:INDB) Shares Up 6.4% Following Strong Earnings
• Positive sentiment: Analysts maintain a consensus “Buy” rating on the shares, with two strong-buy and two hold recommendations. Independent Bank Corp. (NASDAQ:INDB) Given Consensus Rating of "Buy" by Analysts
• Neutral sentiment: The full Q2 2025 earnings call transcript is now available, providing additional color on margin trends and capital deployment. Independent Bank Corp. (INDB) Q2 2025 Earnings Call Transcript
• Neutral sentiment: A Zacks review of key metrics highlights year-over-year EPS growth and compares loan yields and deposit costs to street forecasts. Compared to Estimates, Independent Bank Corp. (INDB) Q2 Earnings: A Look at Key Metrics