INDB · Independent Bank Corp
Market Cap
$3.89B
Shares
47.37M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Net Income
$205.12M
+6.8%
FY2025
Diluted EPS
$4.44
-1.8%
FY2025
Operating Cash Flow
$251.16M
+9.2%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.17B | $1.02B | $852.75M | $795.73M | $642.84M | $415.28M | $402.07M | $447.01M | $323.7M | $277.19M | $246.64M | $235.55M | $216.46M | $205.91M | $196.19M | $195.75M | $202.72M | $202.69M | |
| $839.22M | $708.83M | $561.73M | $606.52M | $613.25M | $401.56M | $367.73M | $393.14M | $298.17M | $258.86M | $227.84M | $214.93M | $196.04M | $182.58M | $172.8M | $167.08M | $163.96M | $150.69M | |
| $164.5M | $148.69M | $128.01M | $124.61M | $114.67M | $105.85M | $111.44M | $115.29M | $88.51M | $82.99M | $82.43M | $75.89M | $69.94M | $68.01M | $62.02M | $52.7M | $46.91M | $38.19M | |
| — | — | — | — | — | — | — | $6.8M | $2.7M | $3.5M | $2.8M | $2.8M | $2.3M | $2.1M | $1.7M | $1.7M | $2M | — | |
| $43.07M | $42.14M | $40.89M | $36.1M | $38.8M | $32.82M | $27.26M | $19.44M | $15.63M | $15.76M | $14.35M | $12.31M | $12.11M | $8.49M | $10.21M | $9.63M | $9.88M | $5.74M | |
| $332.63M | $313.57M | $291.02M | $189.21M | $29.59M | $13.72M | $34.34M | $53.88M | $25.54M | $18.33M | $18.79M | $20.62M | $20.42M | $23.34M | $23.39M | $28.67M | $38.76M | $52M | |
| — | -$64K | — | — | — | — | — | -$1.46M | — | $3000 | -$26K | -$405K | $191K | $230K | $116K | $723K | $458K | — | |
| $350.3M | $262.17M | $247.13M | $315.13M | $347.75M | $156.68M | $152.84M | $218.11M | $155.93M | $134.55M | $112.08M | $92.18M | $83.74M | $66.74M | $57.3M | $62.58M | $52.47M | $29.74M | |
| — | $57.05M | $55.05M | $75.63M | $83.94M | $35.68M | $31.67M | $52.93M | $34.3M | $47.34M | $35.43M | $27.22M | $23.9M | $16.48M | $14.67M | $17.15M | $12.23M | $6.75M | |
| $271.35M | $205.12M | $192.08M | $239.5M | $263.81M | $120.99M | $121.17M | $165.18M | $121.62M | $87.2M | $76.65M | $64.96M | $59.85M | $50.25M | $42.63M | $45.44M | $40.24M | $22.99M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $45.44M | $40.24M | $17.29M | |
| $270.77M | $255.38M | $216.9M | $287.76M | $98.55M | $82.48M | $143.69M | $184.52M | $123.51M | $86.71M | $77.76M | $64.64M | $65.15M | $47.35M | $42.59M | $41.72M | $36.72M | $39.44M | |
| USD/shares | $5.53 | $4.44 | $4.52 | $5.42 | $5.69 | $3.47 | $3.64 | $5.03 | $4.41 | $3.19 | $2.90 | $2.51 | $2.50 | $2.18 | $1.96 | $2.12 | $1.90 | $0.88 |
| USD/shares | $5.53 | $4.44 | $4.52 | $5.42 | $5.69 | $3.47 | $3.64 | $5.03 | $4.40 | $3.19 | $2.90 | $2.50 | $2.49 | $2.18 | $1.95 | $2.12 | $1.90 | $0.88 |
| shares | — | 46.17M | 42.5M | 44.18M | 46.37M | 34.87M | 33.26M | 32.81M | 27.59M | 27.29M | 26.4M | 25.89M | 23.9M | 23.01M | 21.78M | 21.42M | 21.18M | 19.64M |
| shares | — | 46.19M | 42.51M | 44.19M | 46.39M | 34.89M | 33.29M | 32.86M | 27.65M | 27.37M | 26.46M | 25.96M | 23.99M | 23.09M | 21.81M | 21.45M | 21.2M | 19.67M |
Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $515.78M in buybacks, $803.58M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 14.90×
EV/EBIT
—
P/E (TTM)
14.84×
Peer median 12.37×
Peer medians compare against the 186 similar-size Banks - Regional companies (of 294 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Investment Advisory Management And Administrative Service | $44,989,000 | $38,311,000 | $34,588,000 | $32,774,000 | $31,617,000 | $27,157,000 | $25,940,000 | $23,441,000 |
| Deposit Account | $32,141,000 | $26,455,000 | $23,486,000 | $23,370,000 | $16,745,000 | $15,121,000 | $20,040,000 | $18,327,000 |
| Credit Card Merchant Discount | $13,977,000 | $12,513,000 | $11,865,000 | $10,881,000 | $8,862,000 | $12,564,000 | $18,262,000 | $15,433,000 |
| Investment Advisory, Retail Investment and Insurance Service | $5,056,000 | $4,433,000 | $5,603,000 | $4,058,000 | $3,691,000 | $2,275,000 | $2,779,000 | $2,714,000 |
| ATM Charge | $4,563,000 | $4,568,000 | $4,243,000 | $3,866,000 | $2,989,000 | $2,476,000 | $3,224,000 | $2,961,000 |
| Credit Card Income | $2,843,000 | $2,341,000 | $2,119,000 | $1,833,000 | $1,231,000 | $778,000 | $0 | $0 |
| Merchant Processing | $2,142,000 | $1,848,000 | $1,675,000 | $1,534,000 | $1,362,000 | $1,299,000 | $1,175,000 | $1,401,000 |