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Independent Bank Corp. (INDB)
NASDAQ:INDB
US Market
INDB
Independent Bank
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Independent Bank (INDB) Income Statement

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Independent Bank Income Statement

Last quarter (Q4 2025), Independent Bank's total revenue was $338.98M, an increase of 37.47% from the same quarter last year. In Q4, Independent Bank's net income was $75.33M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 1.17B$ 974.14M$ 911.33M$ 749.84M$ 515.98M
Gross Profit
$ 792.88M$ 646.86M$ 698.88M$ 713.75M$ 484.06M
Operating Expenses
$ 525.96M$ 399.74M$ 383.74M$ 365.99M$ 327.38M
Depreciation and Amortization
$ 39.31M$ 40.89M$ 36.10M$ 38.80M$ 32.82M
EBITDA
$ 306.23M$ 288.02M$ 351.24M$ 386.55M$ 189.50M
Operating Income
$ 266.92M$ 247.13M$ 315.13M$ 347.75M$ 156.68M
Other Income/Expenses
$ -4.75M$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 262.17M$ 247.13M$ 315.13M$ 347.75M$ 156.68M
Net Income
$ 205.12M$ 192.08M$ 239.50M$ 263.81M$ 120.99M
Per Share Metrics
Basic EPS
$ 4.45$ 4.52$ 5.42$ 5.69$ 3.47
Diluted EPS
$ 4.45$ 4.52$ 5.42$ 5.69$ 3.47
Weighted Average Shares Outstanding
 49.45M 42.50M 44.18M 46.37M 34.87M
Weighted Average Shares Outstanding (Diluted)
 49.48M 42.51M 44.19M 46.39M 34.89M
Currency in USD

Independent Bank Earnings and Revenue History