Independent Bank Corp.

Independent Bank Corp.

INDBยทNASDAQ

$76.74

-0.97%
Financial ServicesBanks - Regional

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products. As of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

At a Glance

Live Snapshot
Market Cap$3.70B
EPS4.4500
P/E Ratio17.24
Earnings Date07/16/2026
3Y+56.0%
5Y+130.0%
10Y+258.0%
3Y-22.0%
5Y+69.0%
10Y+168.0%
3Y-40.0%
5Y+289.0%
10Y+169.0%
Independent Bank Corp.

Independent Bank Corp. Profit Bridge

INDB ยท NASDAQ
Revenue1.17B
Cost of Goods Sold (374.29M)
Gross Profit792.88M
Operating Expenses (525.96M)
Operating Income266.92M
Interest Expense (313.57M)
Other Income/Expense-4.75M
Pretax Income262.17M
Income Tax (57.05M)
Net Income205.12M
Net Income
205.12M

Profitability Analysis

Gross Margin

67.9%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

22.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

17.6%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.8%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Independent Bank Corp. Income Statement

INDB โ€ข NASDAQ

Independent Bank Corp. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
1.2B
974.1M
911.3M
749.8M
516M
507.4M
556.6M
412.2M
356.8M
326.1M
307.8M
286.4M
270.2M
255.7M
245.6M
249.6M
239.5M
205.1M
191.8M
94M
GROSS PROFIT
(374.3M)
(327.3M)
(212.5M)
(36.1M)
(31.9M)
(86.8M)
(59.9M)
(30.3M)
(21.3M)
(24.9M)
(22.1M)
(30.8M)
(33.5M)
(41.4M)
(40.2M)
(57.4M)
(69.3M)
(69.8M)
(66.7M)
(67.4M)
792.9M
646.9M
698.9M
713.7M
484.1M
420.6M
496.7M
381.9M
335.5M
301.2M
285.6M
255.6M
236.6M
214.2M
205.4M
192.2M
170.2M
135.3M
125.1M
26.6M
OPERATING INCOME
(526M)
(399.7M)
(383.7M)
(366M)
(327.4M)
(267.7M)
(278.6M)
(226M)
(200.9M)
(189.1M)
(193.5M)
(171.8M)
(169.9M)
(156.9M)
(142.8M)
(139.7M)
(140.5M)
(104.8M)
(87.9M)
-21M
(297.7M)
(244.5M)
(234.1M)
(211.7M)
(176.6M)
(155M)
(162.5M)
(137.2M)
(129.6M)
(122.2M)
(118.3M)
(106.4M)
(102.5M)
(95.8M)
(93.5M)
(92.3M)
(89.7M)
(72.3M)
(54.2M)
(47.9M)
266.9M
247.1M
315.1M
347.8M
156.7M
152.8M
218.1M
155.9M
134.5M
112.1M
92.2M
83.7M
66.7M
57.3M
62.6M
52.5M
29.7M
30.5M
37.2M
47.6M
PRE-TAX INCOME
(313.6M)
(291M)
(189.2M)
(29.6M)
(13.7M)
(34.3M)
(53.9M)
(25.5M)
(18.3M)
(18.8M)
(20.6M)
(20.4M)
(23.3M)
(23.4M)
(28.7M)
(38.8M)
(52M)
(58.9M)
(63.6M)
(65M)
708.8M
561.7M
606.5M
613.2M
401.6M
367.7M
393.1M
298.2M
258.9M
227.8M
214.9M
196M
182.6M
172.8M
167.1M
164M
150.7M
116.5M
96.2M
102.7M
(228.2M)
(155.2M)
(149.7M)
(154.3M)
(150.8M)
(112.8M)
(116.1M)
(88.8M)
(71.3M)
(66.9M)
(75.1M)
(65.4M)
(67.4M)
(61.1M)
(49.3M)
(47.5M)
(50.8M)
(32.5M)
(33.7M)
-68.9M
-4.8M
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
262.2M
247.1M
315.1M
347.8M
156.7M
152.8M
218.1M
155.9M
134.5M
112.1M
92.2M
83.7M
66.7M
57.3M
62.6M
52.5M
29.7M
30.5M
37.2M
47.6M
NET INCOME
(57M)
(55M)
(75.6M)
(83.9M)
(35.7M)
(31.7M)
(52.9M)
(34.3M)
(47.3M)
(35.4M)
(27.2M)
(23.9M)
(16.5M)
(14.7M)
(17.1M)
(12.2M)
(6.7M)
(6.6M)
(8.8M)
(14.8M)
205.1M
192.1M
239.5M
263.8M
121M
121.2M
165.2M
121.6M
87.2M
76.6M
65M
59.8M
50.3M
42.6M
45.4M
40.2M
23M
24M
28.4M
32.9M

SEC Filings

INDB - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 16, 2026
2026
8-K

8-K 2026

N/A

April 13, 2026
April 11, 2026
2026
DEF 14A

DEF 14A 2025

N/A

March 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 09, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
Showing 1 to 10 of 729 filings