Independent Bank Corp. (INDB)

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INDB
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63.55 (USD) • At close July 31, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue Numbers are in millions	974.137	911.332	749.837	515.982	507.418	556.626	412.206	356.758	326.072	307.754	286.381	270.166	255.691	245.571	249.63	239.527	205.081	191.789	94.017	182.934	162.968	156.1	163.469	165.829	143.984	126.799	121.8	105.5	88.9	84.5	80.1	74.2	83	102.5	0	0	0	0	0	0
Cost of Revenue Numbers are in millions	327.274	212.455	36.091	31.922	86.841	59.879	30.311	21.284	24.868	22.117	30.82	33.536	41.449	40.154	57.418	69.33	69.814	66.685	67.373	53.993	39.815	35.953	45.444	59.097	57.687	54.105	53.6	43.9	34.2	30.1	27.7	31.7	43	72.9	0	0	0	0	0	0
Gross Profit Numbers are in millions	646.863	698.877	713.746	484.06	420.577	496.747	381.895	335.474	301.204	285.637	255.561	236.63	214.242	205.417	192.212	170.197	135.267	125.104	26.644	128.941	123.153	120.147	118.025	106.732	86.297	72.694	68.2	61.6	54.7	54.4	52.4	42.5	40	29.6	0	0	0	0	0	0
Gross Profit Ratio Numbers are in millions	0.664	0.767	0.952	0.938	0.829	0.892	0.926	0.94	0.924	0.928	0.892	0.876	0.838	0.836	0.77	0.711	0.66	0.652	0.283	0.705	0.756	0.77	0.722	0.644	0.599	0.573	0.56	0.584	0.615	0.644	0.654	0.573	0.482	0.289	0	0	0	0	0	0
Reseach & Development Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
General & Administrative Expenses Numbers are in millions	244.545	234.088	211.662	176.566	154.982	157.075	132.227	124.656	116.991	113.678	102.579	98.221	91.89	89.662	90.104	87.459	70.269	52.52	47.89	47.912	44.899	41.508	39.561	36.386	28.345	23.716	21.1	19.5	20	22.1	20.8	17.3	17	17.8	0	0	0	0	0	0
Selling & Marketing Expenses Numbers are in millions	0	0	0	0	0	5.444	4.942	4.989	5.202	4.645	3.859	4.28	3.949	3.876	2.171	2.199	2.016	1.717	0	1.959	2.447	1.985	1.894	1.598	1.549	1.197	0	0	0	0	0	0	0	0	0	0	0	0	0	0
SG&A Numbers are in millions	244.545	234.088	211.662	176.566	154.982	162.519	137.169	129.645	122.193	118.323	106.438	102.501	95.839	93.538	92.275	89.658	72.285	54.237	47.89	49.871	47.346	43.493	41.455	37.984	29.894	24.913	21.1	19.5	20	22.1	20.8	17.3	17	17.8	0	0	0	0	0	0
Other Expenses Numbers are in millions	155.191	149.655	154.33	150.819	112.759	116.12	88.8	71.284	66.936	75.136	65.379	67.391	61.103	49.295	47.47	50.803	32.467	33.695	-68.856	30.744	31.417	34.687	39.211	36.211	34.799	23.205	23.2	20.6	16.9	17.2	22	20.1	22.6	28	-17.9	5.9	8.9	8.3	7.8	6
Operating Expenses Numbers are in millions	399.736	383.743	365.992	327.385	267.741	278.639	225.969	200.929	189.129	193.459	171.817	169.892	156.942	142.833	139.745	140.461	104.752	87.932	-20.966	80.615	78.763	78.18	80.666	74.195	64.693	48.118	44.3	40.1	36.9	39.3	42.8	37.4	39.6	45.8	-17.9	5.9	8.9	8.3	7.8	6
Operating Income Numbers are in millions	247.127	315.134	347.754	156.675	152.836	218.108	155.926	134.545	112.075	92.178	83.744	66.738	57.3	62.584	52.467	29.736	30.515	37.172	47.61	48.326	44.39	41.967	37.359	32.537	21.604	24.576	23.9	21.5	17.8	15.1	9.6	5.1	0.4	-16.2	-17.9	5.9	8.9	8.3	7.8	6
Operating Income Ratio Numbers are in millions	0.254	0.346	0.464	0.304	0.301	0.392	0.378	0.377	0.344	0.3	0.292	0.247	0.224	0.255	0.21	0.124	0.149	0.194	0.506	0.264	0.272	0.269	0.229	0.196	0.15	0.194	0.196	0.204	0.2	0.179	0.12	0.069	0.005	-0.158	0	0	0	0	0	0
Total Other Income Expenses Net Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Income Before Tax Numbers are in millions	247.127	315.134	347.754	156.675	152.836	218.108	155.926	134.545	112.075	92.178	83.744	66.738	57.3	62.584	52.467	29.736	30.515	37.172	47.61	48.326	44.39	41.967	37.359	32.537	21.604	24.576	23.9	21.5	17.8	15.1	9.6	5.1	0.4	-16.2	0	0	0	0	0	0
Income Before Tax Ratio Numbers are in millions	0.254	0.346	0.464	0.304	0.301	0.392	0.378	0.377	0.344	0.3	0.292	0.247	0.224	0.255	0.21	0.124	0.149	0.194	0.506	0.264	0.272	0.269	0.229	0.196	0.15	0.194	0.196	0.204	0.2	0.179	0.12	0.069	0.005	-0.158	0	0	0	0	0	0
Income Tax Expense Numbers are in millions	55.046	75.632	83.941	35.683	31.669	52.933	34.304	47.341	35.427	27.218	23.899	16.484	14.673	17.148	12.227	6.747	6.551	8.791	14.759	15.121	13.623	15.536	12.293	10.485	6.414	7.545	7.8	7.3	6.2	4.7	1.5	0.5	0.2	-4.3	17.9	-5.9	-8.9	-8.3	-7.8	-6
Net Income Numbers are in millions	192.081	239.502	263.813	120.992	121.167	165.175	121.622	87.204	76.648	64.96	59.845	50.254	42.627	45.436	40.24	22.989	23.964	28.381	32.851	33.205	30.767	26.431	25.066	22.052	15.19	17.031	16.1	14.2	11.6	10.4	8.1	4.6	0.2	-11.9	-17.9	5.9	8.9	8.3	7.8	6
Net Income Ratio Numbers are in millions	0.197	0.263	0.352	0.234	0.239	0.297	0.295	0.244	0.235	0.211	0.209	0.186	0.167	0.185	0.161	0.096	0.117	0.148	0.349	0.182	0.189	0.169	0.153	0.133	0.105	0.134	0.132	0.135	0.13	0.123	0.101	0.062	0.002	-0.116	0	0	0	0	0	0
EPS Numbers are in millions	4.52	5.42	5.69	3.47	3.64	5.03	4.41	3.19	2.9	2.51	2.5	2.18	1.96	2.12	1.9	0.88	1.53	2.02	2.2	2.16	2.06	1.82	1.63	1.54	1.07	1.2	1.1	0.97	0.8	0.71	0.56	0.32	0.03	-2.28	-3.45	1.16	1.75	1.64	1.55	1.5
EPS Diluted Numbers are in millions	4.52	5.42	5.69	3.47	3.64	5.03	4.4	3.19	2.9	2.5	2.49	2.18	1.95	2.12	1.9	0.88	1.52	2	2.17	2.14	2.06	1.79	1.61	1.53	1.06	1.19	1.08	0.95	0.79	0.71	0.56	0.32	0.03	-2.28	-3.45	1.16	1.75	1.64	1.55	1.5
EBITDA Numbers are in millions	288.016	351.236	386.553	189.499	180.098	237.547	171.555	150.305	126.429	104.485	95.852	75.228	67.512	72.218	62.347	35.48	35.151	42.831	53.528	54.615	50.553	47.525	41.67	40.123	27.204	29.12	28.1	24.7	20.9	18.3	15	8.4	2.9	-13.9	-17.9	5.9	8.9	8.3	7.8	6
EBITDA Ratio Numbers are in millions	0.296	0.385	0.516	0.367	0.355	0.427	0.416	0.421	0.388	0.34	0.335	0.278	0.264	0.294	0.25	0.148	0.171	0.223	0.569	0.299	0.31	0.304	0.255	0.242	0.189	0.23	0.231	0.234	0.235	0.217	0.187	0.113	0.035	-0.136	0	0	0	0	0	0

Independent Bank Corp.

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