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) Net margin

Alert me on Net margin

Independent Bank Corp.'s net margin over the twelve months to 30 September 2026 was 24.3%, up 6.8 percentage points from fiscal 2025 (17.5%). Over the past ten years it has ranged from 17.5% (fiscal 2025) to 34.8% (fiscal 2022) — the current reading is the lowest in ten years. That is above the Banks Regional industry median of 18.8% and above the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 17.5% (2.06)
FY2024 19.6% (6.44)
FY2023 26.0% (8.81)
FY2022 34.8% 11.61
FY2021 23.2% (0.38)
FY2020 23.6% (5.77)
FY2019 29.4% (0.14)
FY2018 29.5% 5.30
FY2017 24.2% 0.92
FY2016 23.3% 2.43

Quarterly newest first

Period Net margin Change (points)
Sep 2026 26.0% 1.29
Jun 2026 24.7% 0.49
Mar 2026 24.2% 1.96
Dec 2025 22.2% 12.00
43 more quarters

Against its own ten years

Low 17.5% High 34.8%
Ten-year median 23.6%
Current reading's percentile 49

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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