INDEPENDENT BANK CORP

Independent Bank Corp. announced its quarterly common stock dividend, declaring a payment of $0.64 per share. This dividend will be distributed on July 9, 2026, to shareholders who are on record as of the close of business on June 29, 2026. The company is the parent of Rockland Trust Company, a full-service commercial bank.

Independent Bank Corp. presented an investor presentation at the Stephens 7th Annual Summer Bank Bash, highlighting strong Q1 2026 financial results and providing positive 2026 guidance. The company reported Q1 2026 operating EPS of $1.68 and an operating ROATCE of 14.05%, demonstrating momentum in earnings growth and profitability. Management expects consistent net interest margin expansion throughout 2026, targeting 3.90%-3.95% by the fourth quarter, alongside mid-single digit commercial and industrial loan growth and low to mid-single digit core deposit growth.

Independent Bank Corp. reported a strong first quarter for 2026, with net income increasing significantly to $79.9 million and diluted earnings per share rising to $1.63. The company saw a substantial increase in net interest income and a notable decrease in its provision for credit losses. Additionally, Independent Bank Corp. increased its common dividend and repurchased shares during the quarter.

Independent Bank Corp. announced that its Board of Directors has authorized a new stock buyback plan, allowing the company to repurchase up to $200 million of its common stock. This new plan, effective April 30, 2026, is set to expire on April 29, 2027. Repurchases are expected to begin once the company completes its existing stock buyback plan from July 2025, which currently has approximately $10.5 million remaining.

Independent Bank Corp reported Q1 2026 operating earnings per share of $1.68, demonstrating strong year-over-year growth. The company achieved an 8 basis point expansion in its adjusted net interest margin, reaching 3.72%. Shareholder returns were prioritized with an 8.5% increase in the quarterly dividend to $0.64 per share and the repurchase of approximately 802,000 shares for $63.3 million. Despite minor sequential decreases in loans and deposits, the company maintained a stable provision for loan loss and saw growth in tangible book value per share.

Independent Bank Corp. announced the retirement of Mary L. Lentz from its Board of Directors, effective April 11, 2026. Her departure aligns with the company's Governance Principles, which mandate retirement upon reaching the age of 72. Lentz had been a director since 2016 and served on both the Audit Committee and the Risk Committee.