INDBNasdaqState Commercial BanksFiscal year ends December 31
INDEPENDENT BANK CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$79.46−0.42 (-0.53%)
Close on Oct 19, 2026
- Market cap
- $3.82B
- P/E (TTM)
- 14.3
- Dividend yield
- 2.97%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
86.0%
41M of 47M shares
Institutional holders
352
55 new, 32 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
0 buys · 10 sales
Net sold $15.31M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 6,276,602 | – | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Portfolio Management | 3,333,919 | 6.86% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 2,579,579 | 5.31% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 2,501,263 | 5.10% | 13G (passive) | Mar 31, 2026 |
| Dimensional Fund Advisors LP | 2,282,315 | 5.40% | 13G (passive) | Sep 30, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of INDB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,979,611 | 14.73% | $584.33M | −162,714 | 0.01% |
| Vanguard Portfolio Management LLC | 3,273,358 | 6.91% | $274.05M | −31,755 | 0.01% |
| State Street Corp | 2,645,824 | 5.59% | $223.18M | +144,561 | 0.01% |
| Dimensional Fund Advisors LP | 2,633,640 | 5.56% | $220.49M | +63,714 | 0.04% |
| Vanguard Capital Management LLC | 2,171,265 | 4.58% | $181.78M | −29,580 | 0.00% |
| Geode Capital Management, LLC | 1,440,396 | 3.04% | $120.61M | +176,807 | 0.01% |
| Rockland Trust Co | 1,427,951 | 3.01% | $119.55M | −42,487 | 4.69% |
| Alliancebernstein L.P. | 1,179,183 | 2.49% | $88.69M | −276,659 | 0.03% |
| Channing Capital Management, LLC | 953,435 | 2.01% | $79.82M | +13,768 | 1.84% |
| Nomura Asset Management International Inc. | 917,172 | 1.94% | $76.79M | −4,566 | 0.12% |
| Citadel Advisors LLC | 733,718 | 1.55% | $61.43M | −251,719 | 0.01% |
| Morgan Stanley | 714,013 | 1.51% | $59.78M | +66,412 | 0.00% |
| Reinhart Partners, LLC. | 657,871 | 1.39% | $55.08M | +8,575 | 1.26% |
| Verition Fund Management LLC | 627,376 | 1.32% | $52.52M | −73,391 | 0.27% |
| Norges Bank | 616,226 | 1.30% | $51.59M | New | 0.01% |
| Charles Schwab Investment Management Inc | 592,448 | 1.25% | $49.60M | −7,723 | 0.01% |
| Northern Trust Corp | 556,997 | 1.18% | $46.63M | +23,478 | 0.01% |
| Bank Of America Corp /De/ | 533,209 | 1.13% | $44.64M | −59,456 | 0.00% |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 531,514 | 1.12% | $44.50M | −3,439 | 0.04% |
| Goldman Sachs Group Inc | 500,477 | 1.06% | $41.90M | −46,386 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 352 | 41M | 86.0% | 55 / 117 | 114 / 32 | 3M | 3M |
| Q1 2026 | 334 | 41M | 87.1% | 42 / 109 | 122 / 20 | 8M | 3M |
| Q4 2025 | 320 | 42M | 88.9% | 42 / 118 | 111 / 25 | 4M | 4M |
| Q3 2025 | 307 | 41M | 86.9% | 45 / 143 | 68 / 28 | 5M | 3M |
| Q2 2025 | 294 | 39M | 81.9% | 34 / 108 | 95 / 25 | 3M | 1M |
| Q1 2025 | 288 | 37M | 78.4% | 34 / 100 | 97 / 30 | 3M | 2M |
| Q4 2024 | 287 | 36M | 75.0% | 30 / 93 | 110 / 35 | 3M | 2M |
| Q3 2024 | 293 | 35M | 73.4% | 40 / 97 | 110 / 26 | 8M | 2M |
| Q2 2024 | 281 | 35M | 73.7% | 39 / 93 | 104 / 30 | 3M | 4M |
| Q1 2024 | 275 | 36M | 76.2% | 39 / 83 | 104 / 22 | 4M | 4M |
| Q4 2023 | 259 | 36M | 76.3% | 31 / 73 | 107 / 23 | 2M | 2M |
| Q3 2023 | 255 | 36M | 76.3% | 37 / 90 | 79 / 27 | 3M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of INDB | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,907,169 | 6.14% | $243.39M | 0.22% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,535,475 | 3.24% | $128.55M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,246,709 | 2.63% | $104.37M | 0.13% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,109,147 | 2.34% | $92.86M | 0.05% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 702,084 | 1.48% | $58.78M | 0.09% | Jun 30, 2026 |
| Nomura Small Cap Core Fund | 689,136 | 1.45% | $54.50M | 0.99% | May 29, 2026 |
| U.S. Small Cap Value Portfolio | 619,064 | 1.31% | $51.90M | 0.27% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 552,958 | 1.17% | $46.29M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 536,783 | 1.13% | $45.00M | 0.13% | Jul 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 500,436 | 1.06% | $41.90M | 0.88% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 442,027 | 0.93% | $37.01M | 0.22% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 432,885 | 0.91% | $36.24M | 0.25% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 318,749 | 0.67% | $26.72M | 0.16% | Jul 31, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 286,871 | 0.61% | $24.02M | 0.21% | Jun 30, 2026 |
| Vanguard Dividend Appreciation Index Fund | 273,463 | 0.58% | $22.92M | 0.02% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jeffrey J. Tengel | Chief Executive Officer, Director | 47,776 | 0.10% | Mar 16, 2026 |
| Mark J. Ruggiero | CFO & EVP Consumer Lending | 27,465 | 0.06% | Mar 16, 2026 |
| Kathryn O'Malley | Chief Credit Officer | 12,077 | 0.03% | Mar 16, 2026 |
| James T. Rizzo | Chief Commercial Banking Off. | 14,973 | 0.03% | Mar 16, 2026 |
| Maria S. Harris | Chief Human Resources Officer | 16,838 | 0.04% | Mar 16, 2026 |
| Lee C. Powlus | Chief Administrative Officer | 7,294 | 0.02% | Mar 2, 2026 |
| Maureen A. Gaffney | Principal Accounting Officer | 7,243 | 0.02% | Feb 23, 2026 |
| Patricia M. Natale | General Counsel | 10,325 | 0.02% | Feb 23, 2026 |
| Tamina O'Neill | Chief Risk Officer | 2,300 | 0.00% | Feb 23, 2026 |
| Eileen C. Miskell | Director | 12,470 | 0.03% | Aug 31, 2026 |
| Thomas R. Venables | Director | 90,739 | 0.19% | Aug 26, 2026 |
| Gerard F. Nadeau | Director | 17,457 | 0.04% | Aug 5, 2026 |
| Joseph C. Lerner | Director | 21,165 | 0.04% | Jun 1, 2026 |
| Donna L. Abelli | Director | 16,300 | 0.03% | May 21, 2026 |
| James O'Shanna Morton | Director | 5,431 | 0.01% | May 21, 2026 |
| Daniel F. OBrien | Director | 36,778 | 0.08% | May 21, 2026 |
| Ken S. Ansin | Director | 283,217 | 0.60% | May 21, 2026 |
| Susan Perry O'Day | Director | 106,608 | 0.23% | May 21, 2026 |
| Michael P. Hogan | Director | 7,808 | 0.02% | May 21, 2026 |
| John J. Morrissey | Director | 13,692 | 0.03% | May 21, 2026 |
| Dawn Perry | Director | 1,796 | 0.00% | May 21, 2026 |
| Leif O'Leary | Director | 1,800 | 0.00% | May 21, 2026 |
| Scott Smith | Director | 6,008 | 0.01% | May 19, 2026 |
| Mary L. Lentz | Director | 8,497 | 0.02% | Apr 14, 2026 |
| Aparna Ramesh | Director | 956 | 0.00% | Jul 11, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Eileen C. Miskell Director | Aug 28, 2026 | Gift | −842 | – | – | 12,470 |
| Thomas R. Venables Director | Aug 25, 2026 | Sale | −3,750 | $83.00 | $311.25K | 17,649 |
| Gerard F. Nadeau Director | Aug 3, 2026 | Sale | −5,307 | $84.69 | $449.45K | 16,907 |
| Michael P. Hogan Director | May 19, 2026 | Award | +842 | – | – | 7,808 |
| Joseph C. Lerner Director | May 19, 2026 | Award | +842 | – | – | 19,047 |
| Donna L. Abelli Director | May 19, 2026 | Award | +842 | – | – | 14,155 |
| Dawn Perry Director | May 19, 2026 | Award | +842 | – | – | 1,796 |
| Leif O'Leary Director | May 19, 2026 | Award | +842 | – | – | 1,800 |
| Daniel F. OBrien Director | May 19, 2026 | Award | +842 | – | – | 23,712 |
| Eileen C. Miskell Director | May 19, 2026 | Award | +842 | – | – | 13,215 |
| Ken S. Ansin Director | May 19, 2026 | Award | +842 | – | – | 5,937 |
| Gerard F. Nadeau Director | May 19, 2026 | Award | +842 | – | – | 22,214 |
| John J. Morrissey Director | May 19, 2026 | Award | +842 | – | – | 13,692 |
| Susan Perry O'Day Director | May 19, 2026 | Award | +842 | – | – | 6,513 |
| James O'Shanna Morton Director | May 19, 2026 | Award | +842 | – | – | 5,431 |
| Thomas R. Venables Director | May 19, 2026 | Award | +842 | – | – | 21,399 |
| Joseph C. Lerner Director | May 18, 2026 | Sale | −2,832 | $77.31 | $218.94K | 16,215 |
| Mary L. Lentz Director | Apr 10, 2026 | Award | +810 | – | – | 8,497 |
| Maria S. Harris Chief Human Resources Officer | Mar 12, 2026 | Award | +784 | – | – | 16,838 |
| Maria S. Harris Chief Human Resources Officer | Mar 12, 2026 | Tax withholding | −211 | $74.00 | $15.61K | 16,627 |
| James T. Rizzo Chief Commercial Banking Off. | Mar 12, 2026 | Tax withholding | −199 | $74.00 | $14.73K | 14,973 |
| James T. Rizzo Chief Commercial Banking Off. | Mar 12, 2026 | Award | +738 | – | – | 15,172 |
| Gerard F. Nadeau Director | Mar 12, 2026 | Award | +1,337 | – | – | 21,732 |
| Gerard F. Nadeau Director | Mar 12, 2026 | Tax withholding | −360 | $74.00 | $26.64K | 21,372 |
| Kathryn O'Malley Chief Credit Officer | Mar 12, 2026 | Award | +692 | – | – | 12,077 |
| Kathryn O'Malley Chief Credit Officer | Mar 12, 2026 | Tax withholding | −186 | $74.00 | $13.76K | 11,891 |
| Jeffrey J. Tengel Chief Executive Officer, Director | Mar 12, 2026 | Tax withholding | −2,141 | $74.00 | $158.43K | 47,776 |
| Jeffrey J. Tengel Chief Executive Officer, Director | Mar 12, 2026 | Award | +4,656 | – | – | 49,917 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Mar 12, 2026 | Tax withholding | −460 | $74.00 | $34.04K | 27,465 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Mar 12, 2026 | Award | +1,706 | – | – | 27,925 |
| Lee C. Powlus Chief Administrative Officer | Feb 27, 2026 | Award | +504 | $78.81 | $39.72K | 7,294 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Feb 27, 2026 | Award | +1,049 | $78.81 | $82.67K | 26,219 |
| Patricia M. Natale General Counsel | Feb 22, 2026 | Tax withholding | −148 | $82.40 | $12.20K | 10,325 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Feb 22, 2026 | Tax withholding | −332 | $82.40 | $27.36K | 25,170 |
| Maureen A. Gaffney Principal Accounting Officer | Feb 22, 2026 | Tax withholding | −108 | $82.40 | $8.90K | 7,243 |
| Kathryn O'Malley Chief Credit Officer | Feb 22, 2026 | Tax withholding | −148 | $82.40 | $12.20K | 11,383 |
| James T. Rizzo Chief Commercial Banking Off. | Feb 22, 2026 | Tax withholding | −153 | $82.40 | $12.61K | 14,434 |
| Lee C. Powlus Chief Administrative Officer | Feb 22, 2026 | Tax withholding | −168 | $82.40 | $13.84K | 6,790 |
| Jeffrey J. Tengel Chief Executive Officer, Director | Feb 22, 2026 | Tax withholding | −872 | $82.40 | $71.85K | 45,261 |
| Maria S. Harris Chief Human Resources Officer | Feb 22, 2026 | Tax withholding | −148 | $82.40 | $12.20K | 16,051 |
| Patricia M. Natale General Counsel | Feb 20, 2026 | Tax withholding | −220 | $82.40 | $18.13K | 10,473 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Feb 20, 2026 | Tax withholding | −337 | $82.40 | $27.77K | 25,502 |
| Maureen A. Gaffney Principal Accounting Officer | Feb 20, 2026 | Tax withholding | −135 | $82.40 | $11.12K | 7,351 |
| Kathryn O'Malley Chief Credit Officer | Feb 20, 2026 | Tax withholding | −143 | $82.40 | $11.78K | 11,531 |
| James T. Rizzo Chief Commercial Banking Off. | Feb 20, 2026 | Tax withholding | −224 | $82.40 | $18.46K | 14,587 |
| Lee C. Powlus Chief Administrative Officer | Feb 20, 2026 | Tax withholding | −238 | $82.40 | $19.61K | 6,958 |
| Jeffrey J. Tengel Chief Executive Officer, Director | Feb 20, 2026 | Tax withholding | −859 | $82.40 | $70.78K | 46,133 |
| Maria S. Harris Chief Human Resources Officer | Feb 20, 2026 | Tax withholding | −211 | $82.40 | $17.39K | 16,199 |
| Patricia M. Natale General Counsel | Feb 19, 2026 | Award | +2,350 | – | – | 10,693 |
| Mark J. Ruggiero CFO & EVP Consumer Lending | Feb 19, 2026 | Award | +3,300 | – | – | 25,839 |
| Maureen A. Gaffney Principal Accounting Officer | Feb 19, 2026 | Award | +1,350 | – | – | 7,486 |
| Kathryn O'Malley Chief Credit Officer | Feb 19, 2026 | Award | +2,050 | – | – | 11,674 |
| James T. Rizzo Chief Commercial Banking Off. | Feb 19, 2026 | Award | +2,300 | – | – | 14,811 |
| Lee C. Powlus Chief Administrative Officer | Feb 19, 2026 | Award | +2,350 | – | – | 7,196 |
| Jeffrey J. Tengel Chief Executive Officer, Director | Feb 19, 2026 | Award | +8,400 | – | – | 46,992 |
| Tamina O'Neill Chief Risk Officer | Feb 19, 2026 | Award | +2,300 | – | – | 2,300 |
| Maria S. Harris Chief Human Resources Officer | Feb 19, 2026 | Award | +2,150 | – | – | 16,410 |
| James T. Rizzo Chief Commercial Banking Off. | Feb 18, 2026 | Tax withholding | −51 | $83.30 | $4.25K | 12,511 |
| Maria S. Harris Chief Human Resources Officer | Feb 18, 2026 | Tax withholding | −43 | $83.30 | $3.58K | 14,260 |
| Maureen A. Gaffney Principal Accounting Officer | Feb 18, 2026 | Tax withholding | −35 | $83.30 | $2.92K | 6,136 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Venables Thomas Director | Aug 25, 2026 | 3,750 | $313.05K | Aug 25, 2026 | Restricted Stock |
| F. Nadeau Gerard Director | Aug 3, 2026 | 5,307 | $444.89K | Aug 3, 2026 | Stock Option Exercise |
| Morrissey John Director | Feb 5, 2026 | 1,988 | $169.42K | Feb 5, 2026 | Restricted Stock Vesting |
| Nadeau Gerard Director | Dec 3, 2025 | 2,000 | $146.54K | Dec 3, 2025 | Stock Option Exercise |
| F. Nadeau Gerard Director | Nov 21, 2025 | 3,000 | $200.73K | Nov 21, 2025 | Stock Option Exercise |
| S. Ansin Kenneth DIRECTOR | Nov 14, 2025 | 53,000 | $3.66M | Nov 14, 2025 | Inherited |
| Ken S. Ansin Director | Nov 10, 2025 | 130,000 | $8.66M | Nov 10, 2025 | Inherited |
| Ken S. Ansin Director | Nov 10, 2025 | 144,000 | $10.07M | Nov 10, 2025 | Inherited |
| Ken S. Ansin Director | Sep 9, 2025 | 50,000 | $3.50M | Sep 9, 2025 | Dividend Reinvest |
| O'Brien Daniel DIRECTOR | Aug 13, 2025 | 3,781 | $256.58K | Aug 14, 2025 | Restricted Stock Vesting |
| Nadeau Gerard Director | Jul 24, 2025 | 5,000 | $339.10K | Jul 25, 2025 | Restricted Stock Vesting |
| Venables Thomas Director | Jun 12, 2025 | 1,000 | $65.20K | Jun 13, 2025 | Restricted Stock Vesting |
| Miskell Eileen Director | Jun 5, 2025 | 938 | $57.94K | Jun 6, 2025 | Restricted Stock Vesting |
| C. Miskell Eileen DIRECTOR | Jun 3, 2024 | 1,134 | $57.06K | Jun 3, 2024 | Restricted Stock Vesting |