Credit, Capital Returns

Independent Bank's (NasdaqGS:INDB) recent year-over-year reduction in net charge-offs indicates improved credit quality, while the completion of two share buyback programs returns additional capital to shareholders. The stock currently trades at $84.51 with a 25.6% return over the past year and 70.0% gain over three years. These figures provide context for assessing how the latest credit and capital actions fit into Independent Bank's broader equity story.