-+ 0.00%
-+ 0.00%
-+ 0.00%
Independent Bank Q3 2026 Net Income More Than Doubles Year Over Year to $89.75 Million
Share
Listen to the news
Independent Bank Q3 2026 Net Income More Than Doubles Year Over Year to $89.75 Million
  • Independent Bank's third-quarter 2026 net income more than doubled year over year to $89.75 million, rising 10% from the prior quarter.
  • Net interest income climbed 9% year over year to $220.66 million, while noninterest expenses fell 14% to $138.42 million.
  • Nonperforming loans rose to $125.7 million from the prior quarter, primarily driven by one office real estate loan.
  • Share repurchases totaled $57.4 million during the quarter, leaving approximately $93 million under the existing authorization.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Independent Bank Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261014247987) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending