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0 0.000511805998723617 0.00178685386088067 0.00165922144224627 0.00268028079132092 -0.00918953414167197 -0.000382897255903014 -0.000382897255903014
Stock impact report

Independent Bank outlines 2026 profitability targets with 1.4% ROA and 15% ROTCE amid stable credit and C&I loan growth [Seeking Alpha]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
Jeffrey Tengel, President and CEO, highlighted that "our fourth quarter results reflect ongoing progress towards restoring Rockland Trust's historically strong performance. Quarterly highlights included continued NIM expansion, strong C&I growth, solid non deposit growth, stable credit Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters Sign Up Quick Insights The company aims to achieve 1.4% ROA and 15% ROTCE by focusing on organic growth, margin expansion, expense management, and technology investment, while maintaining stable asset quality and executing cost controls. Key risks include office loan exposures, seasonal deposit declines, competitive loan pricing, and execution risk around the core system upgrade, though management views these as manageable and has reserved for anticipated losses. The focus is shifting from integration and stabilization to busines Show less Read more
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