Independent Bank (US:INDB) ZACKS·2026-01-23 01:01Core Insights - Independent Bank Corp. reported a revenue of $253.93 million for Q4 2025, marking a year-over-year increase of 43.6% and exceeding the Zacks Consensus Estimate of $247.67 million by 2.53% [1] - The company's EPS for the same quarter was $1.70, up from $1.21 a year ago, also surpassing the consensus estimate of $1.65 by 2.83% [1] Financial Performance Metrics - Efficiency Ratio was reported at 60.8%, higher than the estimated 56.2% by analysts [4] - Net interest margin (FTE) stood at 3.8%, exceeding the average estimate of 3.6% [4] - Total Non-Interest Income was $41.45 million, above the estimated $39.94 million [4] - Net Interest Income reached $212.49 million, compared to the average estimate of $207.65 million [4] - Average Balance of Total interest-earning assets was $22.48 billion, slightly below the estimate of $22.56 billion [4] Additional Income Metrics - Cash surrender value increase of life insurance policies was $2.7 million, slightly above the estimate of $2.63 million [4] - Loan level derivative income was $1.23 million, exceeding the estimate of $1.01 million [4] - Interchange and ATM fees were reported at $5.38 million, below the estimated $6 million [4] - Deposit account fees were $9.1 million, above the estimate of $8.72 million [4] - Other noninterest income was $7.65 million, compared to the average estimate of $6.84 million [4] - Mortgage banking income was $1.27 million, exceeding the estimate of $1.15 million [4] - Investment management and advisory income was $13.79 million, slightly above the estimate of $13.75 million [4] Stock Performance - Shares of Independent Bank Corp. have returned +4.9% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]