Independent Bank Corp.
INDBNASDAQFinancial Services● Active
$79.57
+$0.83(+1.05%)
Market Cap$3.8B
P/E Ratio—
52W High$87
52W Low$57.01
Independent Bank Corp. (INDB) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · INDB · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.17B | $0.97B | $0.91B | $0.75B | $0.52B |
| Cost of Revenue | $0.37B | $0.33B | $0.21B | $0.04B | $0.03B |
| Gross Profit | $0.79B | $0.65B | $0.70B | $0.71B | $0.48B |
| Gross Margin %(computed) | 67.93% | 66.40% | 76.69% | 95.19% | 93.81% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.30B | $0.24B | $0.23B | $0.21B | $0.18B |
| Total Operating Expenses | $0.53B | $0.40B | $0.38B | $0.37B | $0.33B |
| Operating Income | $0.27B | $0.25B | $0.32B | $0.35B | $0.16B |
| Operating Margin %(computed) | 22.87% | 25.37% | 34.58% | 46.38% | 30.36% |
| Interest Income | $1.02B | $0.85B | $0.80B | $0.64B | $0.42B |
| Interest Expense | $0.31B | $0.29B | $0.19B | $0.03B | $0.01B |
| Income Before Tax | $0.26B | $0.25B | $0.32B | $0.35B | $0.16B |
| Income Tax Expense | $0.06B | $0.06B | $0.08B | $0.08B | $0.04B |
| Net Income | $0.21B | $0.19B | $0.24B | $0.26B | $0.12B |
| Net Margin %(computed) | 17.57% | 19.72% | 26.28% | 35.18% | 23.45% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $4.45 | $4.52 | $5.42 | $5.69 | $3.47 |
| Wtd Avg Shares | 0.05B | 0.04B | 0.04B | 0.05B | 0.03B |
| EBITDA | $0.31B | $0.29B | $0.35B | $0.39B | $0.19B |
| EBITDA Margin %(computed) | 26.24% | 29.57% | 38.54% | 51.55% | 36.73% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Independent Bank Corp. (INDB) Income Statement
Independent Bank Corp. (INDB) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, INDB reported revenue of $1.17B, gross profit of $0.79B (gross margin 67.93%), and net income of $0.21B — a net profit margin of 17.57%.
Frequently asked questions
INDB · 4 questionsIndependent Bank Corp. (INDB) reported revenue of $1.17B for 2025, up 19.8% year-over-year.
INDB revenueINDB salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08