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

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Independent Bank Income Statement

Last quarter (Q1 2025), Independent Bank's total revenue was $242.52M, an increase of 2.98% from the same quarter last year. In Q1, Independent Bank's net income was $44.42M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 974.14M$ 911.33M$ 749.84M$ 515.98M$ 507.42M
Gross Profit
$ 646.86M$ 698.88M$ 713.75M$ 484.06M$ 420.58M
Operating Expenses
$ 399.74M$ 383.74M$ 365.99M$ 327.38M$ 267.74M
Depreciation and Amortization
$ 40.89M$ 36.10M$ 38.80M$ 32.82M$ 27.26M
EBITDA
$ 288.02M$ 351.24M$ 386.55M$ 189.50M$ 180.10M
Operating Income
$ 247.13M$ 315.13M$ 347.75M$ 156.68M$ 152.84M
Other Income/Expenses
$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 247.13M$ 315.13M$ 347.75M$ 156.68M$ 152.84M
Net Income
$ 192.08M$ 239.50M$ 263.81M$ 120.99M$ 121.17M
Per Share Metrics
Basic EPS
$ 4.52$ 5.42$ 5.69$ 3.47$ 3.64
Diluted EPS
$ 4.52$ 5.42$ 5.69$ 3.47$ 3.64
Weighted Average Shares Outstanding
42.50M 44.18M 46.37M 34.87M 33.26M
Weighted Average Shares Outstanding (Diluted)
42.51M 44.19M 46.39M 34.89M 33.28M
Currency in USD

Independent Bank Earnings and Revenue History

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