Independent Bank

Financial Services · Banks - Regional

81.20$ +1.2% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Income Statement

Independent Bank (INDB) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 289 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Income Statement INDB
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	81	85	83	89	92	96	94	101	106	110	113	149	151	143	132	128	125	123	124	121	118	154	165	174	196	214	213	227	234	237	236	243	249	247	243	251	335	339	290	289	1,254
Cost of Revenue	5.6	8.7	4.8	5.4	4.7	6.3	5.8	8.0	7.7	8.8	10	17	15	18	38	29	15	5.4	1.6	-1.7	-7.1	39	1.2	3.3	10	21	35	51	59	68	76	78	94	79	81	78	130	85	78	78	371
Gross Profit	76	77	79	83	87	90	88	93	98	102	103	132	136	125	94	99	111	118	122	122	125	115	164	171	186	193	178	176	176	169	160	164	155	167	161	173	205	254	212	211	883
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	30	29	30	31	31	32	33	32	33	34	35	42	41	39	39	39	41	42	43	45	45	51	51	51	54	49	60	57	58	60	60	60	63	62	65	65	84	82	140	127	432
Total Operating Expenses	45	52	49	52	50	53	53	53	55	63	56	92	68	63	65	67	65	73	69	72	71	116	94	89	91	93	96	93	95	98	97	98	100	104	104	107	161	154	143	140	598
Operating Income	30	25	30	31	37	37	34	40	43	38	47	41	69	62	29	33	46	45	54	50	54	-1.1	70	82	95	100	81	83	80	71	62	66	55	63	57	66	44	100	70	71	284
Interest Expense	4.6	4.7	4.2	4.4	4.7	5.0	5.3	6.0	6.6	7.6	9.0	16	15	14	13	8.9	7.0	5.4	4.1	3.3	2.9	3.4	3.2	3.3	7.4	16	28	46	53	62	71	74	75	72	66	71	91	85	78	78	333
Pre-Tax Income	30	25	30	31	37	37	34	40	43	38	47	41	69	62	29	33	46	45	54	50	54	-1.1	70	82	95	100	81	83	80	71	62	66	55	63	57	66	44	95	104	107	350
Income Tax Expense	9.8	7.7	9.0	11	13	15	6.8	9.2	10.0	8.3	12	10	17	14	2.1	7.8	11	11	12	12	14	-2.8	17	20	23	23	20	20	19	16	15	15	12	13	13	15	10	19	24	25	79
Net Income	20	17	21	21	24	22	28	31	33	30	35	31	52	47	27	25	35	35	42	38	40	1.7	53	62	72	77	61	63	61	55	48	51	43	50	44	51	34	75	80	82	271
EBITDA	34	29	33	35	41	41	39	44	47	42	51	46	74	67	36	40	53	51	62	58	62	7.1	80	92	105	110	91	91	89	79	73	77	66	72	67	75	57	107	73	84	321

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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