INDB
Independent Bank (INDB)
NASDAQ
$83.00+$1.59 (+1.96%)
Price as of Jun 23, 2026 4:10 PM EDT
  • $3.9B
    Market Cap
  • 34.49%
    1-Year Change
  • Banks - Regional
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
708.8M
+26.19%
561.7M
-7.39%
606.5M
-1.10%
613.2M
+52.72%
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
708.8M
+26.19%
561.7M
-7.39%
606.5M
-1.10%
613.2M
+52.72%
Sales and Marketing Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Research and Development Expense
-11.2M
+12.28%
-10.0M
+0.74%
-9.9M
+6.05%
-9.3M
+35.09%
Depreciation and Amortization Expense
42.1M
+3.06%
40.9M
+13.26%
36.1M
-6.95%
38.8M
+18.20%
Total Operating Expenses
529.9M
+30.40%
406.4M
+3.47%
392.7M
+5.11%
373.7M
+12.37%
Operating Profit
262.2M
+6.09%
247.1M
-21.58%
315.1M
-9.38%
347.8M
+121.96%
Interest Income
1.0B
+19.89%
852.8M
+7.17%
795.7M
+23.78%
642.8M
+54.80%
Interest Expense
-21.5M
+327.92%
-5.0M
-97.35%
-189.2M
+539.40%
-29.6M
+115.73%
Interest Income and Expense and Net
1.0B
+18.07%
847.7M
+39.77%
606.5M
-1.10%
613.2M
+52.72%
Total Nonoperating Income and Expense
708.8M
+26.19%
561.7M
-7.39%
606.5M
-1.10%
613.2M
+52.72%
Income before Taxes
262.2M
+6.09%
247.1M
-21.58%
315.1M
-9.38%
347.8M
+121.96%
Income Taxes
57.0M
+3.64%
55.0M
-27.22%
75.6M
-9.90%
83.9M
+135.24%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
205.1M
+6.79%
192.1M
-19.80%
239.5M
-9.22%
263.8M
+118.04%
Net Income from Continuing Operations Applicable to Common
205.1M
+6.79%
192.1M
-19.80%
239.5M
-9.22%
263.8M
+118.04%
Basic EPS and Net Income
4.44
-1.77%
4.52
-16.61%
5.42
-4.75%
5.69
+63.98%
Diluted EPS and Net Income
4.44
-1.77%
4.52
-16.61%
5.42
-4.75%
5.69
+63.98%
Basic Weighted Average Shares
46.2M
+8.64%
42.5M
-3.81%
44.2M
-4.72%
46.4M
+32.98%
Diluted Weighted Average Shares
46.2M
+8.65%
42.5M
-3.81%
44.2M
-4.73%
46.4M
+32.97%
Balance Sheet
Cash and Cash Equivalents
229.8M
+22.32%
187.8M
+5.03%
178.9M
+1.72%
175.8M
+24.20%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
229.8M
+22.32%
187.8M
+5.03%
178.9M
+1.72%
175.8M
+24.20%
Total Current Assets
638.8M
+11.99%
570.4M
+11.26%
512.7M
-2.84%
527.7M
-2.03%
Accumulated Depreciation
187.2M
+13.54%
164.9M
+13.45%
145.4M
+14.06%
127.4M
+14.25%
Property and Plant and Equipment and Net
218.2M
+12.86%
193.3M
+0.14%
193.0M
-1.76%
196.5M
+0.47%
Total Long-Term Assets
638.8M
+11.99%
570.4M
+11.26%
512.7M
-2.84%
527.7M
-2.03%
Total Assets
24.9B
+28.59%
19.4B
+0.14%
19.3B
+0.28%
19.3B
-5.53%
Income Taxes Payable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Short-Term Debt
875.8M
+24.87%
701.4M
-42.43%
1.2B
+974.63%
113.4M
-25.59%
Total Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Long-Term Debt
1.2B
+55.08%
764.2M
-42.59%
1.3B
+488.73%
226.1M
-44.14%
Total Long-Term Liabilities
434.8M
+264.14%
119.4M
-29.40%
169.1M
+178.58%
60.7M
-5.01%
Total Liabilities
21.3B
+30.32%
16.4B
-0.44%
16.5B
+0.27%
16.4B
-5.73%
Retained Earnings
1.3B
+8.22%
1.2B
+8.84%
1.1B
+15.31%
934.4M
+21.88%
Total Stockholders Equity
3.6B
+19.13%
3.0B
+3.38%
2.9B
+0.30%
2.9B
-4.36%
Total Shares Outstanding
49.2M
+15.87%
42.5M
-0.87%
42.9M
-6.06%
45.6M
-3.61%
Cash Flow
Cash from Operating Activities
251.2M
+9.24%
229.9M
-16.99%
277.0M
-34.24%
421.2M
+121.43%
Capital Expenditures
12.1M
-40.62%
20.4M
+28.98%
15.8M
-28.22%
22.1M
-12.41%
Cash from Investing Activities
5.0M
+115.30%
-33.0M
-84.40%
-211.7M
-78.85%
-1.0B
+1,484.63%
Dividends Paid
103.9M
+8.01%
96.2M
-1.84%
98.0M
+4.56%
93.7M
+49.41%
Cash from Financing Activities
295.8M
+246.91%
-201.4M
+3.82%
-193.9M
-85.18%
-1.3B
-260.16%
Financials Ratio
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
36.99%
-15.93%
43.99%
-15.33%
51.96%
-8.38%
56.71%
+45.34%
Return on Assets
0.93%
-6.63%
0.99%
-19.97%
1.24%
-6.68%
1.33%
+84.60%
Return on Equity
6.25%
-4.13%
6.52%
-21.25%
8.28%
-7.28%
8.94%
+74.32%
Revenue Growth
26.19%
+454.60%
-7.39%
+573.15%
-1.10%
-102.08%
52.72%
+473.01%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity Ratio
0.58
+18.03%
0.49
-44.39%
0.88
+648.81%
0.12
-36.29%
Debt-to-Assets Ratio
0.08
+9.39%
0.08
-42.64%
0.13
+648.86%
0.02
-35.53%

Earnings & Revenue History

Debt-to-Assets

Cash Flow