Independent Bank Corp (Massachusetts)
INDB
NASDAQ
Banking
$84.38
USD
-0.54 (-0.64%)
At close: Jul 30, 2026, 4:00 PM EDT
Market Cap $4.19B
Volume 463.8K
Revenue
$1.26B
TTM
+27.3%
YoY
Gross Margin
74%
TTM
+4.5%
YoY
Net Income
$240.62M
TTM
+27.5%
YoY
Operating Cash Flow
$355.04M
TTM
+84.8%
YoY
Revenue & Net Income
USD Millions
Margins Trend
Percent of revenue
Income Statement Detail
USD Millions, except per-share and share count figures
Metric | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|
Revenue | 244.5 | 252.5 | 335.2 | 339.0 | 330.5 |
YoY Growth | +2.7% | +3.4% | +34.0% | +36.4% | +35.2% |
Cost of Revenue | 66.4 | 70.7 | 91.4 | 85.0 | 77.8 |
Gross Profit | 178.0 | 181.8 | 243.7 | 253.9 | 252.7 |
Selling, General & Administrative | 16.5 | 18.8 | 24.6 | 8.1 | 20.6 |
Other Operating Expenses | 27.4 | 27.2 | 55.1 | 64.7 | 41.6 |
Total Operating Expenses | 105.9 | 108.8 | 160.8 | 154.4 | 142.9 |
Operating Income | 57.2 | 65.8 | 44.4 | 94.8 | 104.3 |
EBITDA | 58.3 | 68.0 | 68.3 | 124.1 | 107.3 |
Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Total Other Income / Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Income Before Income Taxes | 57.2 | 65.8 | 44.4 | 94.8 | 104.3 |
Income Taxes | 12.7 | 14.7 | 10.1 | 19.5 | 24.4 |
Net Income | 44.4 | 51.1 | 34.3 | 75.3 | 79.9 |
Consolidated Net Income / Loss | 44.4 | 51.1 | 34.3 | 75.3 | 79.9 |
Net Income Attributable to Common Shareholders | 44.4 | 51.1 | 34.3 | 75.3 | 79.9 |
Basic EPS | $1.04 | $1.20 | $0.69 | $1.56 | $1.63 |
Diluted EPS | $1.04 | $1.20 | $0.69 | $1.56 | $1.63 |
Basic Shares Outstanding | 42.6M | 42.6M | 49.9M | 46.2M | 49.0M |
Diluted Shares Outstanding | 42.6M | 42.6M | 50.0M | 46.2M | 49.0M |