Last quarter (Q3 2024), Independent Bank's total revenue was $175.25M, a decrease of -4.39% from the same quarter last year. In Q3, Independent Bank's net income was $42.95M. 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	$ 693.99M	$ 722.13M	$ 720.25M	$ 507.41M	$ 479.17M	$ 508.43M
Cost of Revenue	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Gross Profit	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Operating Income	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Non Operating Interest Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Other Income Expense	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Pretax Income	$ 264.34M	$ 315.13M	$ 347.75M	$ 156.68M	$ 152.84M	$ 218.11M
Tax Provision	$ 61.48M	$ 75.63M	$ 83.94M	$ 35.68M	$ 31.67M	$ 52.93M
Earnings From Equity Interest Net Of Tax	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
Net Income Common Stockholders	$ 202.85M	$ 239.50M	$ 263.81M	$ 120.99M	$ 146.51M	$ 179.12M
Basic EPS	$ 4.72	$ 5.42	$ 5.69	$ 3.47	$ 3.64	$ 5.03
Diluted EPS	$ 4.72	$ 5.42	$ 5.69	$ 3.47	$ 3.64	$ 5.03
Basic Average Shares	$ 171.64M	$ 44.18M	$ 46.37M	$ 34.87M	$ 33.26M	$ 32.81M
Diluted Average Shares	$ 127.52M	$ 44.18M	$ 46.37M	$ 34.87M	$ 25.65K	$ 45.80K
Dividend Per Share	$ 2.26	$ 2.20	$ 2.08	$ 1.92	$ 1.84	$ 1.76
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	$ 202.85M	$ 239.50M	$ 263.81M	$ 120.99M	$ 121.17M	$ 165.18M
Normalized Income	$ -356.41M	$ ―	$ ―	$ ―	$ ―	$ ―
Interest Expense	$ 272.41M	$ 189.21M	$ 29.59M	$ 13.72M	$ 34.34M	$ 53.88M
EBIT	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―
EBITDA	$ ―	$ ―	$ ―	$ ―	$ ―	$ ―

Currency in USD

Independent Bank Earnings and Revenue History

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