Independent Bank Corp. Reports Third Quarter Net Income of $34.3 Million Independent Bank Corp., parent of Rockland Trust Company, today announced 2025 third quarter net income of $34.3 million, or $0.69 per diluted share, as compared to 2025 second quarter net income of $51.1 million, or $1.20 per diluted share. Specifically, these financial results include pre-tax merger-related costs of $23.9 million and $2.2 million for the...

#INDB Independent Bank Corp. Reports Third Quarter Net Income of $34.3 Million

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Independent Bank Corp. Reports Second Quarter Net Income of $51.1 Million Independent Bank Corp. (NASDAQ:INDB) reported strong Q2 2025 financial results with net income of $51.1 million, or $1.20 per diluted share, up from Q1's $44.4 million. Operating net income, excluding merger costs, reached $53.5 million ($1.25 per share).The bank demonstrated solid performance with total assets reaching $20.0 billion, deposits growing to $15.9 billion (1.4% increase), and loans at $14.5 billion. The net interest margin was 3.37%, while the cost of deposits decreased to 1.54%. Asset quality improved with nonperforming loans decreasing to 0.39% of total loans.Notable announcements include a new $150 million stock repurchase plan through July 2026 and the completion of Enterprise Bancorp acquisition, with core operating conversion scheduled for October 2025.

#INDB Independent Bank Corp. Reports Second Quarter Net Income of $51.1 Million

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Independent Bank Corp. and Enterprise Bancorp, Inc. Announce the Receipt of All Regulatory Approvals and Anticipated Closing Date Independent Bank Corp. (NASDAQ: INDB) and Enterprise Bancorp, Inc. (NASDAQ: EBTC) have received all necessary regulatory approvals for their proposed merger, with the transaction expected to close on July 1, 2025. The merger combines two community-oriented banks, with Rockland Trust (Independent's subsidiary) acquiring Enterprise Bank and Trust Company. Jeffrey Tengel, CEO of Rockland Trust, emphasized the milestone achievement and highlighted the importance of colleagues, customers, and communities in the merger's success. Enterprise Bank's CEO Steven Larochelle expressed confidence that joining Rockland Trust will expand opportunities while maintaining their commitment to customer and community service.

#INDB #EBTC Independent Bank Corp. and Enterprise Bancorp, Inc. Announce the Receipt of All Regulatory Approvals and Anticipated Closing Date

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Independent Bank Q4 Earnings Jump 16%: Net Income Hits $50M, Loan Growth Stays Strong INDB reports Q4 net income of $50M ($1.18/share), up from $42.9M in Q3. Net interest margin expands to 3.33% with $147.6M loan growth amid stable asset quality.

#INDB Independent Bank Corp. Reports Fourth Quarter Net Income of $50.0 Million

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Independent Bank to Acquire Enterprise Bancorp in $562M Regional Banking Merger Deal Major New England banking merger combines 151 branches across MA and NH, creating $20B deposit base. Deal includes stock-and-cash consideration for Enterprise shareholders.

#INDB #EBTC KBRA Comments on Enterprise Bancorp, Inc.'s Proposed Merger Agreement with Independent Bank Corp.

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Independent Bank to Acquire Enterprise Bancorp in $562M Strategic Merger, Creating $25B Banking Giant Independent Bank expands into northern Massachusetts and New Hampshire through Enterprise Bancorp acquisition, adding $4.7B in assets and 27 branches to its network.

#INDB #EBTC Independent Bank Corp. and Enterprise Bancorp, Inc. Sign Merger Agreement for Rockland Trust to Acquire Enterprise Bank

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