Independent Bank Corp. Reports 2024 Financials
Ticker: INDB · Form: 10-K · Filed: Feb 28, 2025 · CIK: 776901
| Field | Detail |
|---|---|
| Company | Independent Bank Corp (INDB) |
| Form Type | 10-K |
| Filed Date | Feb 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, commercial-bank
TL;DR
IBKC 2024 10-K filed: $2.1B assets, $42.6M net income. Solid year.
AI Summary
Independent Bank Corp. filed its 2024 10-K on February 28, 2025, reporting total assets of $2,136,728,988 and net income of $42,605,296 for the fiscal year ending December 31, 2024. The company, headquartered at 288 Union Street, Rockland, MA, operates as a commercial bank.
Why It Matters
This filing provides investors with a comprehensive overview of Independent Bank Corp.'s financial performance and position for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a publicly traded company, indicating routine financial disclosure.
Key Numbers
- $2,136,728,988 — Total Assets (Reported for the fiscal year ending 2024-12-31)
- $42,605,296 — Net Income (Reported for the fiscal year ending 2024-12-31)
Key Players & Entities
- Independent Bank Corp. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- 288 Union Street, Rockland, MA (location) — Company address
FAQ
What was Independent Bank Corp.'s total revenue for the fiscal year 2024?
The provided excerpt does not explicitly state the total revenue for the fiscal year 2024, but it does list net income as $42,605,296.
What is the primary business of Independent Bank Corp.?
Independent Bank Corp. is classified under 'State Commercial Banks [6022]' and operates as a commercial bank.
When was the 10-K filing submitted to the SEC?
The 10-K filing was submitted on February 28, 2025.
What were the total liabilities reported by Independent Bank Corp. for the fiscal year 2024?
The excerpt does not provide specific figures for total liabilities.
What is the company's stock exchange listing?
The company is listed on the exchange 'XNGS'.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 28, 2025 regarding INDEPENDENT BANK CORP (INDB).