Independent Bank Corp. Q1 net income rises to $79.9 million, or $1.63 per share
Independent Bank Corp., parent of Rockland Trust, reported first quarter 2026 net income of $79.9 million, or $1.63 per diluted share, up from $75.3 million, or $1.52 per share, in the fourth quarter of 2025. Excluding merger-related costs from its Enterprise Bancorp acquisition, operating net income fell to $82.1 million, or $1.68 per share, from $84.4 million, or $1.70 per share, and total revenue slipped slightly, so shareholders see higher reported profit alongside softer operating results.
Key points
- Net income of $79.9 million, or $1.63 per diluted share, versus $75.3 million, or $1.52, in Q4 2025
- Operating net income of $82.1 million, or $1.68 per share, versus $84.4 million, or $1.70, in Q4 2025
- Quarterly dividend raised 8.5% to $0.64 per share from $0.59
- Repurchased about 802,000 shares for $63.3 million; nonperforming loans rose to $96.6 million from $83.6 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.