INDB
INDB
NASDAQ · Banking

Independent Bank Corp/Ma

$84.40
-2.02 (-2.34%)
Financial Highlights (FY 2026)
Revenue
731.38M
Net Income
206.98M
Gross Margin
—
Profit Margin
36.2%
Rev Growth
+12.9%
D/E Ratio
0.11
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin — — 29.8% 29.8%
Operating Margin 47.8% 43.0% 31.0% 30.4%
Profit Margin 36.2% 34.4% 31.7% 27.1%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 731.38M 647.99M 1.26B 1.19B
Gross Profit — — 375.24M 354.73M
Operating Income 349.41M 278.61M 390.22M 362.30M
Net Income 206.98M 165.04M 398.92M 323.25M
Gross Margin — — 29.8% 29.8%
Operating Margin 47.8% 43.0% 31.0% 30.4%
Profit Margin 36.2% 34.4% 31.7% 27.1%
Rev Growth +12.9% +12.9% -6.6% +5.5%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 202.17M 202.17M 1.43B 1.32B
Total Equity 1.76B 1.76B 2.41B 2.04B
D/E Ratio 0.11 0.11 0.59 0.65
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 431.97M 363.58M 635.41M 584.04M
Free Cash Flow — — 274.63M 252.19M