Price Alert

Independent Bank Corp. (INDB)

NASDAQ: INDB · Real-Time Price · USD

66.09

-1.91 (-2.81%)

At close: Aug 15, 2025, 3:59 PM

66.08

-0.02%

After-hours: Aug 15, 2025, 04:14 PM EDT

Independent Bank Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Revenue	991.06M	981.15M	974.14M	964.5M	949.2M	933.84M	911.33M	888.71M	850.79M	797.72M	749.84M	689.17M	611.06M	557.41M	515.98M	485.57M	492.92M	500.57M
Cost of Revenue	332.79M	333.08M	327.27M	315.69M	279.92M	252.87M	212.46M	166.15M	117.98M	70.09M	36.09M	53.91M	36.47M	31.56M	31.92M	-1.81M	19.8M	50.32M
Gross Profit	658.27M	648.07M	646.86M	648.81M	669.28M	680.96M	698.88M	722.56M	732.81M	727.63M	713.75M	635.25M	574.59M	525.85M	484.06M	487.38M	473.12M	450.26M
Operating Income	241.21M	241.8M	247.13M	255.11M	279.94M	296.3M	315.13M	344.5M	359.43M	358.88M	347.75M	246.35M	205.41M	173.23M	156.68M	202.98M	194.92M	177.59M
Interest Income	862.96M	856.63M	852.75M	843.6M	830.01M	816.84M	795.73M	772.68M	739.73M	689.16M	642.84M	584.63M	507.68M	456.26M	415.28M	386.16M	391.06M	394.33M
Pretax Income	241.21M	241.8M	247.13M	255.11M	279.94M	296.3M	315.13M	344.5M	359.43M	358.88M	347.75M	246.35M	205.41M	173.23M	156.68M	202.98M	194.92M	177.59M
Net Income	188.51M	188.74M	192.08M	196.85M	214.71M	226.03M	239.5M	261.74M	272.83M	271.96M	263.81M	188.47M	156.58M	132.38M	120.99M	153.93M	148.8M	136.13M
Selling & General & Admin	252.31M	251.13M	246.37M	244.9M	239.69M	236.3M	235.73M	224M	220.86M	213.85M	204.78M	208.19M	198.7M	192.51M	184.6M	175.74M	173.07M	167.21M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	164.75M	155.14M	153.37M	148.8M	149.64M	148.36M	148.01M	154.05M	152.52M	154.89M	161.21M	180.71M	170.49M	160.11M	142.78M	108.67M	105.13M	105.46M
Operating Expenses	417.06M	406.27M	399.74M	393.7M	389.34M	384.66M	383.74M	378.06M	373.38M	368.75M	365.99M	388.9M	369.18M	352.62M	327.38M	284.4M	278.2M	272.67M
Interest Expense	283.59M	286.83M	291.02M	281.44M	259.67M	231.87M	189.21M	142.9M	97.23M	54.34M	29.59M	17.21M	12.77M	12.85M	13.72M	15.69M	19.8M	25.32M
Selling & Marketing Expenses	n/a	1.83M	1.83M	1.83M	1.83M	1.64M	1.64M	1.64M	1.64M	n/a	n/a	1.14M	1.14M	1.14M	1.14M	1.15M	2.37M	2.37M
Cost & Expenses	749.85M	739.35M	727.01M	709.39M	669.25M	637.54M	596.2M	544.21M	491.36M	438.84M	402.08M	442.82M	405.65M	384.18M	359.31M	282.59M	298M	322.99M
Income Tax Expense	52.71M	53.06M	55.05M	58.26M	65.23M	70.28M	75.63M	82.76M	86.6M	86.92M	83.94M	57.88M	48.83M	40.85M	35.68M	49.05M	46.13M	41.46M
Shares Outstanding (Basic)	42.62M	42.55M	42.49M	42.5M	42.47M	42.55M	43.48M	44.13M	44.13M	45M	45.64M	45.84M	46.66M	47.37M	40.35M	33.04M	33.03M	32.99M
Shares Outstanding (Diluted)	42.64M	42.57M	42.52M	42.5M	42.47M	42.57M	43.48M	44.15M	44.14M	45.02M	45.66M	45.86M	46.68M	47.39M	40.38M	33.06M	33.05M	33.02M
EPS (Basic)	4.43	4.44	4.52	4.60	4.97	5.18	5.42	5.85	6.04	5.94	5.70	4.05	3.69	3.51	3.65	4.66	4.51	4.13
EPS (Diluted)	4.43	4.44	4.52	4.60	4.97	5.18	5.42	5.85	6.04	5.94	5.70	4.05	3.69	3.51	3.65	4.66	4.51	4.13
EBITDA	271.21M	282.69M	288.02M	295.14M	318.85M	333.06M	351.24M	381.35M	396.65M	397.19M	386.55M	284.11M	241.84M	207.95M	189.5M	233.76M	224.43M	206.08M
EBIT	241.21M	241.8M	247.13M	255.11M	279.94M	296.3M	315.13M	344.5M	359.43M	358.88M	347.75M	246.35M	205.41M	173.23M	156.68M	202.98M	194.92M	177.59M
Depreciation & Amortization	30M	40.89M	40.89M	40.03M	38.9M	36.76M	36.1M	36.85M	37.23M	38.31M	38.8M	37.77M	36.43M	34.72M	32.82M	30.78M	29.5M	28.5M