Independent Bank Corp. (INDB) reported Q3 2026 revenue of $261.95 million, up 7.5% year-over-year, beating the consensus estimate by 1.27%. EPS of $1.90 exceeded expectations of $1.84 by 3.26%.
Key metrics showed mixed results with efficiency ratio and net interest margin meeting estimates, while mortgage banking income and loan-level derivative income fell short. The stock has underperformed the broader market, declining 7.8% over the past month.