Last quarter (Q3 2024), Independent Bank's total revenue was $51.36M, a decrease of -6.68% from the same quarter last year. In Q3, Independent Bank's net income was $13.81M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 209.85M	$ 200.50M	$ 204.57M	$ 206.41M	$ 204.36M	$ 170.32M
Cost of Revenue	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Gross Profit	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Income	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Non Operating Interest Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Other Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Pretax Income	$ 78.22M	$ 73.68M	$ 77.79M	$ 77.31M	$ 69.48M	$ 57.76M
Tax Provision	$ 16.10M	$ 14.61M	$ 14.44M	$ 14.42M	$ 13.33M	$ 11.32M
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ 60.82M	$ 59.07M	$ 63.35M	$ 62.90M	$ 56.15M	$ 46.44M
Basic EPS	$ 2.98	$ 2.82	$ 3.00	$ 2.91	$ 2.56	$ 2.03
Diluted EPS	$ 2.94	$ 2.79	$ 2.97	$ 2.88	$ 2.53	$ 2.00
Basic Average Shares	$ 83.51M	$ 20.98M	$ 21.10M	$ 21.59M	$ 21.98M	$ 22.89M
Diluted Average Shares	$ 83.51M	$ 20.98M	$ 21.10M	$ 21.59M	$ 21.98M	$ 22.89M
Dividend Per Share	$ 0.95	$ 0.92	$ 0.88	$ 0.84	$ 0.80	$ 0.72
Total Operating Income As Reported	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Basic E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Reported Normalized Diluted E P S	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Rent Expense Supplemental	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Total Expenses	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income From Continuing And Discontinued Operation	$ 62.07M	$ 59.07M	$ 63.35M	$ 62.90M	$ 56.15M	$ 46.44M
Normalized Income	$ 70.27M	$ 74.73M	$ 92.73M	$ 108.34M	$ 25.07M	$ 19.39M
Interest Expense	$ 101.65M	$ 83.35M	$ 19.45M	$ 8.31M	$ 16.22M	$ 26.35M
EBIT	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBITDA	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―

Currency in USD

Independent Bank Earnings and Revenue History

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