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

1. INDB reported Q2 2025 net income of $51.1 million, a rise from Q1. 2. The growth was mainly due to increased revenues and reduced loan loss provisions.

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+5.77%Current Return
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$65.6907/17 04:21 PM EDTEvent Start
$69.4807/18 10:37 PM EDTLatest Updated
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FAQ

Why Bullish?

The increase in net income signals strong operational performance, enhancing investor confidence. Historically, consistent net income growth tends to lead to positive stock price movements.

How important is it?

The reported earnings and income growth are pivotal for investor confidence. Positive financial news is likely to impact INDB's stock favorably in the short run.

Why Short Term?

The immediate financial results can influence short-term investor sentiment and stock price. However, continued performance will be necessary for sustained long-term effects.

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ROCKLAND, Mass.--(BUSINESS WIRE)--Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2025 second quarter net income of $51.1 million, or $1.20 per diluted share, as compared to 2025 first quarter net income of $44.4 million, or $1.04 per diluted share. The increase in net income was primarily driven by higher revenues and a lower loan loss provision. These financial results include pre-tax merger-related costs of $2.2 million and $1.2 m.

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