Price Alert

Independent Bank Corp. (INDB)

NASDAQ: INDB · Real-Time Price · USD

66.42

-1.58 (-2.32%)

At close: Aug 15, 2025, 2:56 PM

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	252.5M	242.52M	246.58M	249.46M	242.59M	235.51M	236.94M	234.15M	227.23M	213.01M	214.32M	196.23M	174.16M	165.13M	153.65M	118.13M	120.5M	123.7M
Cost of Revenue	77.9M	81.42M	79.16M	94.32M	78.19M	75.61M	67.57M	58.55M	51.15M	35.19M	21.27M	10.37M	3.26M	1.19M	39.1M	-7.08M	-1.65M	1.55M
Gross Profit	174.6M	161.11M	167.42M	155.14M	164.4M	159.9M	169.37M	175.6M	176.09M	177.82M	193.05M	185.86M	170.9M	163.94M	114.55M	125.2M	122.16M	122.15M
Operating Income	65.81M	57.17M	62.93M	55.31M	66.39M	62.49M	70.92M	80.14M	82.75M	81.33M	100.28M	95.07M	82.2M	70.2M	-1.12M	54.13M	50.02M	53.65M
Interest Income	218.19M	211.92M	216.32M	216.52M	211.86M	208.04M	207.17M	202.93M	198.69M	186.94M	184.13M	169.97M	148.12M	140.62M	125.92M	93.02M	96.7M	99.64M
Pretax Income	65.81M	57.17M	62.93M	55.31M	66.39M	62.49M	70.92M	80.14M	82.75M	81.33M	100.28M	95.07M	82.2M	70.2M	-1.12M	54.13M	50.02M	53.65M
Net Income	51.1M	44.42M	50.03M	42.95M	51.33M	47.77M	54.8M	60.81M	62.64M	61.25M	77.04M	71.9M	61.78M	53.1M	1.7M	40.01M	37.57M	41.71M
Selling & General & Admin	62.86M	64.92M	61.8M	62.74M	61.68M	60.16M	60.33M	57.52M	58.29M	59.59M	48.6M	54.38M	51.28M	50.52M	52.01M	44.89M	45.1M	42.6M
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	45.94M	39.02M	42.69M	37.09M	36.33M	37.25M	38.12M	37.94M	35.05M	36.91M	44.16M	36.41M	37.42M	43.22M	63.66M	26.18M	27.04M	25.9M
Operating Expenses	108.8M	103.94M	104.49M	99.83M	98.01M	97.41M	98.45M	95.46M	93.34M	96.49M	92.76M	90.79M	88.7M	93.73M	115.67M	71.07M	72.14M	68.5M
Interest Expense	70.7M	66.42M	71.66M	74.82M	73.94M	70.61M	62.07M	53.05M	46.15M	27.94M	15.77M	7.37M	3.26M	3.19M	3.39M	2.92M	3.35M	4.05M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	1.83M	n/a	n/a	n/a	1.64M	n/a	n/a	n/a	n/a	n/a	1.14M	n/a	n/a	n/a
Cost & Expenses	186.69M	185.36M	183.65M	194.15M	176.2M	173.01M	166.03M	154.01M	144.49M	131.68M	114.04M	101.16M	91.96M	94.92M	154.77M	64M	70.48M	70.05M
Income Tax Expense	14.71M	12.74M	12.9M	12.36M	15.06M	14.72M	16.11M	19.33M	20.1M	20.08M	23.24M	23.17M	20.42M	17.11M	-2.82M	14.12M	12.45M	11.94M
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)	1.20	1.04	1.18	1.01	1.21	1.12	1.26	1.38	1.42	1.36	1.69	1.57	1.32	1.12	0.04	1.21	1.14	1.26
EPS (Diluted)	1.20	1.04	1.18	1.01	1.21	1.12	1.26	1.38	1.42	1.36	1.69	1.57	1.32	1.12	0.04	1.21	1.14	1.26
EBITDA	65.81M	67.46M	72.32M	65.62M	77.29M	72.78M	79.44M	89.33M	91.5M	90.96M	109.56M	104.64M	92.03M	80.32M	7.12M	62.36M	58.15M	61.88M
EBIT	65.81M	57.17M	62.93M	55.31M	66.39M	62.49M	70.92M	80.14M	82.75M	81.33M	100.28M	95.07M	82.2M	70.2M	-1.12M	54.13M	50.02M	53.65M
Depreciation & Amortization	n/a	10.29M	9.39M	10.31M	10.9M	10.29M	8.53M	9.19M	8.75M	9.63M	9.27M	9.57M	9.84M	10.12M	8.24M	8.23M	8.13M	8.23M