Independent Bank Corp. (INDB) reported net income of $89.7 million for Q3 2026, with diluted earnings per share up 12% from Q2, and a net interest margin of 3.89%. Total loans grew $158 million, or nearly 3.5% annualized, and non-time deposits rose $230 million, while the cost of deposits edged up to 1.42%. Net charge-offs were 0.02% of average loans, below the 20-year average of 0.16%, though a $6.5 million provision was booked for one office real estate loan that became non-performing; non-performing assets totaled $126.2 million, or 0.5% of total assets. The company repurchased $57.4 million of stock and postponed its core system conversion from October 2026 to February 2027.
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- Independent Bank ( INDB ) Q3 2026 Earnings Call Transcript
Independent Bank Corp. (INDB) reported record Q3 2026 net income of $89.7 million, with diluted earnings per share up 12% from the prior quarter and a net interest margin of 3.89%. Loans grew by $158 million, led by C&I and commercial real estate, while non-time deposits rose $230 million. The company repurchased $57.4 million of stock and booked a $6.5 million provision for loan losses, mainly for one office loan that moved to non-performing status. The core system conversion was postponed from October 2026 to February 2027, and starting November 2026 the company is consolidating its headquarters into Rockland, Massachusetts, involving nearly 400 employees.
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ICICI Bank (NYSE:IBN) reported profit before tax of INR 199.5 billion, up 23.4% year over year excluding treasury results, and consolidated profit after tax of INR 163.3 billion, up 22.3%. Total deposits rose 27.1% and loans grew 30%, helped by USD 18 billion in FCNR (B) deposits mobilized under a one-off regulatory opportunity. Net interest margin fell to 4.18% from 4.36% in the previous quarter, which management attributed to a higher share of overseas branch assets and a sharp rise in retail term deposits. The net NPA ratio improved to 0.30% from 0.35% in June, and CET1 stood at 16.01%. Management said the full margin impact would show in the third quarter, with a recovery expected in the fourth, while ICICI General's combined ratio rose to 107% from 105.1%.
- ICICI Bank (IBN) Q2 2027 Earnings Call Transcript
ICICI Bank reported Q2 profit before tax of INR 199.5 billion, up 23.4% year over year excluding treasury results. The bank mobilised USD 18 billion in FCNR(B) deposits under a one-off regulatory opportunity, lifting total deposits 27.1% year over year, but its net interest margin fell to 4.18% from 4.36% in the previous quarter as overseas assets grew. Loans rose 30% year over year, with domestic corporate lending up 30.6% and retail and rural lending up 14.8%. The net NPA ratio improved to 0.30% from 0.35% a quarter earlier, and consolidated profit after tax reached INR 163.3 billion, up 22.3%. Management expects the full margin impact to show in the third quarter, before a recovery in the fourth.
- WaFd ( WAFD ) Q4 2026 Earnings Call Transcript
WaFd reported net income of $241.2 million for the fiscal year ended September 30, 2026, its second-highest annual result. In the fourth quarter it sold $543 million of single-family loans and reclassified $429 million of multifamily loans as held for sale, with non-interest income of $38.1 million including a $16.4 million gain on the single-family sale. Net interest margin was 2.81% and the CET1 ratio stood at 11.4%, while deposits rose $389 million. Non-performing assets fell to $86 million, or 0.32% of total assets. Management expects the EverBank merger to close in the first calendar quarter of 2027, pending regulatory and shareholder approvals.
- Regions Financial ( RF ) Q3 2026 Earnings Call Transcript
Regions Financial reported third-quarter net income of $611 million ($0.71 per diluted share), up 11% year over year; excluding $15 million in securities repositioning losses, adjusted net income was $622 million. Net interest income rose 2% from the prior quarter to $1.3 billion, with a net interest margin of 3.68%; average loans grew 0.5% while average deposits fell 1.2%. Annualized net charge-offs declined to 29 basis points of average loans. Management expects Q4 net interest margin of approximately 3.70% and net interest income growth of 1% to 2%, assuming a federal funds rate hike in December. CEO John Turner Jr. said new activity in the investor real estate portfolio is slowing and noted some weakness in Texas multifamily due to softer absorption rates.
- WaFd ( WAFD ) Q4 2026 Earnings Call Transcript
WaFd (WAFD) reported net income of $241.2 million for the fiscal year ended September 30, 2026, its second-highest annual result, and Q4 EPS of $0.76 versus $0.72 a year earlier. In the quarter, the company sold $543 million of single-family residential loans and reclassified $429 million of multifamily loans as held for sale, replacing lower-yielding assets with higher-yielding originations, and expects a net gain of about $7 million on the multifamily sale in the first quarter of fiscal 2027. Q4 merger expenses of $6.2 million related to the pending acquisition of EverBank, which is targeted to close in the first calendar quarter of 2027. Net interest margin held at 2.81%, and non-performing assets fell to $86 million (0.32% of total assets) from $136 million. Management flagged risks from inflation, energy supply shocks tied to the Middle East war, tariffs, and a highly competitive deposit market.
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