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) Return on equity

Alert me on Return on equity

Independent Bank Corp.'s return on equity over the twelve months to 30 September 2026 was 9.34%, up 3.1 percentage points from fiscal 2025 (6.25%). Over the past ten years it has ranged from 5.13% (fiscal 2021) to 12.1% (fiscal 2018); the current reading is higher than 18% of that period. That is below the Banks Regional industry median of 10.3% and in line with the Financial sector median of 9.01%.

Return on equity, annual

Embed this chart

Annual newest first

Period Return on equity Change (points)
FY2025 6.25% (0.27)
FY2024 6.52% (1.76)
FY2023 8.28% (0.66)
FY2022 8.94% 3.81
FY2021 5.13% (1.97)
FY2020 7.10% (4.78)
FY2019 11.9% (0.18)
FY2018 12.1% 2.42
FY2017 9.64% 0.27
FY2016 9.37% 0.17

Against its own ten years

Low 5.13% High 12.1%
Ten-year median 8.94%
Current reading's percentile 18

Return on equity against peers

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on INDB