Independent Bank Corp.

INDB Financial Banks Regional

Independent Bank Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 19.4% from fiscal 2024.

Revenue
+3.14%
EPS
+175.4%
Free cash flow
−34.6%
Total debt
−19.1%

Quarter to September 2026, against a year earlier

84.62 1.80 −2.08%
Market cap
$4.0B
P/E
12.5×
Fwd P/E
11.5×
Dividend yield
2.97%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independent Bank Corp. (INDB) Gross margin

Alert me on Gross margin

Independent Bank Corp.'s gross margin over the twelve months to 30 September 2026 was 75.9%, up 2.7 percentage points from fiscal 2025 (73.2%). Over the past ten years it has ranged from 70.3% (fiscal 2024) to 97.4% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Banks Regional industry median of 69.8% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 73.2% 2.89
FY2024 70.3% (9.11)
FY2023 79.4% (16.65)
FY2022 96.1% (1.28)
FY2021 97.4% 4.06
FY2020 93.3% 2.89
FY2019 90.4% (3.39)
FY2018 93.8% (1.10)
FY2017 94.9% 0.62
FY2016 94.3% 0.91

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 75.8% (0.59)
Jun 2026 76.4% (0.09)
Mar 2026 76.5% 1.55
Dec 2025 74.9% 2.18
43 more quarters

Against its own ten years

Low 70.3% High 97.4%
Ten-year median 93.4%
Current reading's percentile 26

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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