INDB

In the past six months, Independent Bank Corp. experienced several stock-related events. The stock was trading at $78.20 as of May 8, 2026, with a 52-week range of $57.01 to $87.00. The company increased its quarterly dividend by 8.5% to $0.64 per share and announced a share repurchase program of up to $200 million. In Q1 2026, net income was $79.9 million, or $1.63 per diluted share, with a net interest margin of 3.90%. Period-end deposit balances were relatively flat, while commercial loans decreased. Nonperforming loans increased to $96.6 million, and total criticized and classified commercial loans increased to $575.5 million. The acquisition of Enterprise Bancorp, Inc. on July 1, 2025, resulted in the issuance of approximately 7.5 million shares of Independent common stock.