INDEP. BK CORP. MA DL-,01

At the annual meeting, shareholders of Independent Bank Corp elected four directors (Beia, Gulis, Kessel through 2029; Wooldridge through 2027) and confirmed Crowe LLP as the independent registered public accounting firm for the fiscal year ending 31 Dec. 2026. The non-binding advisory vote on executive compensation was approved, and shareholders also chose an annual voting frequency for board compensation. The company has a market capitalization of $688 million and a dividend yield of 3.36%; the dividend has been increased for 12 consecutive years. Independent Bank Corporation also reported Q1 2026 EPS of $0.81 (expectation $0.79) and revenue of $58.9 million (expectation $58.7 million). » Mere på de.investing.com

Independent Bank Corp reports Q1 EPS of $0.81 versus $0.79 expected and revenue of $58.9 million, slightly above estimates. Net income rose 8.3% to $16.9 million, and net interest margin improved to 3.65%. Commercial loan growth is annualized at 9.9%. The bank reaffirms its 2026 outlook and expects further loan and net interest income growth; the merger with HCB Financial Corp is expected to deliver synergies and shareholder value. The pre-market share price remained steady at $33.63. » Mere på de.investing.com

Independent Bank Corp has approved a 2026 buyback program authorizing up to 1,100,000 common shares (about 5% of outstanding shares) through December 31, 2026. Repurchases are expected to be made primarily on the open market and with cash; timing and amount will depend on price, capital requirements and legal constraints. The 2025 program expired at the end of 2025; to date 407,113 shares were repurchased for $12.4 million. The bank has a market capitalization of $724 million, a dividend yield of 2.95% and reported Q3 EPS of $0.84 with revenue slightly below expectations. » Mere på de.investing.com