INDB NASDAQ
Independent Bank Corp.
1W: +2.3%
1M: +0.5%
3M: -5.8%
YTD: +7.5%
1Y: +24.8%
3Y: +91.4%
5Y: +14.2%
$78.82
+0.16 (+0.20%)
Weekly Expected Move ±2.5%
$72
$74
$76
$78
$80
Overview
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Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Dividends
Analysis
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Institutions
ETF Exposure
Dark Pool
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Revenue Segmentation
By Product / Service
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$1.2B
+19.8% ▲
5Y CAGR: +18.1%
Gross Profit
$793M
+22.6% ▲
5Y CAGR: +13.5%
Operating Income
$267M
+8.0% ▲
5Y CAGR: +11.8%
Net Income
$205M
+6.8% ▲
5Y CAGR: +11.1%
EPS (Diluted)
$4.45
-1.5% ▼
5Y CAGR: +4.1%
EBITDA
$306M
+6.3% ▲
5Y CAGR: +11.2%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $516M | $750M | $911M | $974M | $1.2B |
| YoY Growth | +1.7% | +45.3% | +21.5% | +6.9% | +19.8% |
| Cost of Revenue | $32M | $36M | $212M | $327M | $374M |
| Gross Profit | $484M | $714M | $699M | $647M | $793M |
| Gross Margin | 93.8% | 95.2% | 76.7% | 66.4% | 67.9% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $177M | $212M | $234M | $245M | $298M |
| Operating Expenses | $327M | $366M | $384M | $400M | $526M |
| Operating Income | $157M | $348M | $315M | $247M | $267M |
| Operating Margin | 30.4% | 46.4% | 34.6% | 25.4% | 22.9% |
| Interest Expense | $14M | $30M | $189M | $291M | $314M |
| Income Before Tax | $157M | $348M | $315M | $247M | $262M |
| Tax Expense | $36M | $84M | $76M | $55M | $57M |
| Net Income | $121M | $264M | $240M | $192M | $205M |
| Net Margin | 23.4% | 35.2% | 26.3% | 19.7% | 17.6% |
| EPS (Diluted) | $3.47 | $5.69 | $5.42 | $4.52 | $4.45 |
| EBITDA | $189M | $387M | $351M | $288M | $306M |
| Shares Outstanding | 35M | 46M | 44M | 43M | 49M |