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
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Independent Bank Corp. (INDB) 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 | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| GGAL Grupo Financiero Galicia S.A. compare | 84.4% |
| CVBF CVB Financial Corporation compare | 81.5% |
| IBOC International Bancshares Corporation compare | 81.2% |
| FBP First BanCorp. compare | 81.1% |
| WSFS WSFS Financial Corporation compare | 80.8% |
| INDB Independent Bank Corp. | 75.9% |
| BANF BancFirst Corporation compare | 75.8% |
| CATY Cathay General Bancorp compare | 63.5% |
| FLG Flagstar Bank, National Association compare | 48.6% |
| Banks Regional industry median | 69.8% |
| Financial sector median | 70.1% |
| Market median | 45.1% |
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
More on INDB
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement