Independent Bank Corp. (Nasdaq: INDB) filed a Form 8-K on September 8, 2026, disclosing materials for an upcoming investor presentation at the Raymond James 2026 U.S. Bank & Banking on Tech Conferences scheduled for September 9, 2026.
The filing includes an exhibit (99.1) detailing the company's financial position and outlook for 2026. As of June 30, 2026, the company reported total assets of $25.0 billion, loans of $18.4 billion, and deposits of $20.4 billion. The company also manages $9.5 billion in assets under administration (AUA) for its wealth management division.
For the second quarter of 2026, the company reported an operating earnings per share (EPS) of $1.70 and an operating return on average assets (ROAA) of 1.34%. The company reported a net interest margin of 3.76% for the quarter.
The company provided guidance for 2026, stating that loan growth is expected to be flat to low-single digit for commercial real estate and construction, while commercial and industrial loans are expected to grow at a mid-single digit rate. Consumer loans are expected to grow at a low-single digit rate. Deposit growth is expected to be low to mid-single digit for core deposits and flat to low-single digit for time deposits.
The company also provided guidance on its net interest margin, stating that it expects consistent core margin expansion throughout 2026, with a fourth quarter target range of 3.90% to 3.95%.
