Independent Bank (INDB) Reports Q3 EPS of $0.69

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Go back to Independent Bank (INDB) Reports Q3 EPS of $0.69

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

October 16, 2025 4:10 PM EDT

ROCKLAND, Mass.--(BUSINESS WIRE)-- Independent Bank Corp. (Nasdaq Global Select Market: INDB), 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. The decrease in net income was primarily driven by higher merger-related costs and the current period provision for credit losses associated with the Companys recently completed acquisition of Enterprise Bancorp, Inc. (Enterprise) and its subsidiary, Enterprise Bank. Specifically, these financial results include pre-tax merger-related costs of $23.9 million and $2.2 million... More