$INDB

Signature Global said it awarded ₹920 crore construction contracts for its Sarvam at DXP Estate in Gurugram, with KEC International and NCC building 11 towers and 1,798 units. IndusInd Bank received RBI approval to form a wholly-owned stockbroking subsidiary. Novartis India will end its Dr. Reddy’s distribution deal from Sep 30, 2026. Emcure Pharma got USFDA closure for its Sanand facility, AstraZeneca Pharma India gained approval for Enhertu. NTPC Green Energy won a battery storage project and

Nadeau Gerard F sold 5,307 shares of INDEPENDENT BANK CORP (INDB) at $84.69 ($0.45M total) on 2026-08-03.

Indian benchmarks Sensex and Nifty fell in Monday trading after Brent crude rose above $90 a barrel on renewed US-Iran tensions, including strikes in Kuwait and attacks near the Strait of Hormuz. Sensex was down 0.63% to 77,662.06 and Nifty down 0.48% to 24,217. Private banks led declines, with HDFC Bank and Axis Bank down about 5% each on margin compression in Q1 results.

Simply Wall St reports that Independent Bank (INDB) cut its net charge-offs and has completed two share buybacks. The piece says investors should watch whether credit costs rise again, how core banking system migration and Enterprise Bank integration affect expenses, and whether INDB links dividends and further repurchases to earnings, including around its July 17 earnings call and Q2 2026 results.

Independent Bank (NASDAQ: INDB) shares fell 6.8% after its Q2 results missed Wall Street. Adjusted EPS was $1.70 vs. $1.78 expected, and revenue was $253.3 million vs. $257.9 million. The miss was tied to weaker net interest income and a higher efficiency ratio. The article also notes another bank’s results and INDB’s YTD performance.

Independent Bank Corp. (NASDAQ:INDB) reported Q2 CY2026 revenue of $253.3 million, up 40.6% year over year, but below Wall Street expectations. Non-GAAP EPS was $1.70, 4.7% under analysts’ consensus. The article also cites net interest income as 82.5% of revenue and notes the stock fell 7.8% to $80.24 after results.

INDEPENDENT BANK CORP (INDB) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991-indb06x30x2026e.htm EX-99.1 - Q2 2026 EARNINGS PRESS RELEASE Document Exhibit 99.1 Shareholder Relations NEWS RELEASE 288 Union Street Rockland, Ma. 02370 INDEPENDENT BANK CORP. REPORTS SECOND QUARTER NET INCOME OF $81.8 MILLION Rockland, Massachusetts (July

Investec Limited and Investec Bank Limited said Fitch upgraded their Long-Term Issue Default Ratings to ‘BB’ from ‘BB-’ and viability ratings to ‘bb’ from ‘bb-’, with stable outlooks, following Fitch’s 5 June 2026 upgrade of South Africa’s long-term IDRs to ‘BB’ from ‘BB-’. The update was disclosed to LSE and JSE.

Indian banks reported record FY26 profits but face funding pressure from deposit/credit mismatch. Listed banks’ combined net profit rose 7.47% to ₹3.94 trillion (private: ₹1.96 tn; public: ₹1.98 tn). Operating profit rose 6.63% to ₹6.37 tn. Deposit growth (11.43%) lagged credit (15.36%). For March quarter, net NPAs were mostly <1%; IndusInd had 1% and Bandhan 97 bps.

Indian markets fell again in early trade Wednesday after a brief relief rally. The BSE Sensex dropped up to 930 points to 73,719.36 and the NSE Nifty hit 23,225.50, down 258 points. Declines were driven by Brent rising above $97, proposed US tariffs (12.5% on India and others), a 4.3% IT-stock drop, sector-wide weakness, and FII net selling of ₹8,362.92 crore on Tuesday. The rupee weakened to 95.64; investors watch the RBI rate decision on June 5.