Independent Bank: Pay

No proxy on file gives executive pay for Independent Bank.

No pay on file. Pay comes from the Summary Compensation Table of the proxy statement.

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 5 peers with pay on file was $3.5M. The CEO of Independent Bank was paid $2.9M, 16% below the median.

  1. 1Wsfs Financial
  2. 2Atlantic Union Bankshares
  3. 3Provident Financial Services
  4. 4Fulton Financial
  5. 5Independent Bank
  6. 6Community Financial System
  7. 7Berkshire Hills Bancorp, Inc.Not disclosed
  8. 8Customers BancorpNot disclosed
  9. 9Eastern BanksharesNot disclosed
  10. 10First Financial BancorpNot disclosed
  11. 11Northwest Bancshares, Inc.Not disclosed
  12. 12OceanFirst Financial Corp.Not disclosed
  13. 13Sandy Spring Bancorp, Inc.Not disclosed
  14. 14United Bankshares, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.