Independent Bank Q3 2026 Net Income More Than Doubles Year Over Year to $89.75 Million

By Public Technologies
  • Independent Bank's third-quarter 2026 net income more than doubled year over year to $89.75 million, rising 10% from the prior quarter.
  • Net interest income climbed 9% year over year to $220.66 million, while noninterest expenses fell 14% to $138.42 million.
  • Nonperforming loans rose to $125.7 million from the prior quarter, primarily driven by one office real estate loan.
  • Share repurchases totaled $57.4 million during the quarter, leaving approximately $93 million under the existing authorization.


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