15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | $205M | — | — | 5.8% | 0.8% | $239M | $359M | $772M |
| 2024 | — | $192M | — | — | 6.4% | 1.0% | $209M | $63M | $220M |
| 2023 | — | $240M | — | — | 8.3% | 1.2% | $261M | $113M | $224M |
| 2022 | — | $264M | — | — | 9.1% | 1.4% | $399M | $113M | $353M |
| 2021 | — | $121M | — | — | 4.0% | 0.6% | $165M | $14M | $2.2B |
| 2020 | — | $121M | — | — | 7.1% | 0.9% | $52M | $33M | $1.3B |
| 2019 | — | $165M | — | — | 9.7% | 1.4% | $200M | $125M | $151M |
| 2018 | — | $122M | — | — | 11.3% | 1.4% | $131M | $0 | — |
| 2017 | — | $87M | — | — | 9.2% | 1.1% | $106M | $108M | — |
| 2016 | — | $77M | — | — | 8.9% | 1.0% | $83M | $108M | — |
| 2015 | — | $65M | — | — | 8.4% | 0.9% | $79M | $108M | — |
| 2014 | — | $60M | — | — | 9.3% | 0.9% | $83M | $337M | — |
| 2013 | — | $50M | — | — | 8.5% | 0.8% | $132M | $308M | — |
| 2012 | — | $43M | — | — | 8.1% | 0.7% | $38M | $319M | — |
| 2011 | — | $45M | — | — | 9.7% | 0.9% | $48M | $538M | — |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $82M | — | — | 2.3% | 0.3% | $67M | — | $1.0B |
| Mar '26 | — | $80M | — | — | 2.3% | 0.3% | $112M | — | $729M |
| Dec '25 | — | $75M | — | — | 2.1% | 0.3% | $76M | $359M | $772M |
| Sep '25 | — | $34M | — | — | 1.0% | 0.1% | $50M | — | $911M |
| Jun '25 | — | $51M | — | — | 1.7% | 0.3% | $103M | — | $901M |
| Mar '25 | — | $44M | — | — | 1.5% | 0.2% | $11M | — | $717M |
| Dec '24 | — | $50M | — | — | 1.7% | 0.3% | $37M | $63M | $220M |
| Sep '24 | — | $43M | — | — | 1.4% | 0.2% | $64M | — | $424M |
| Jun '24 | — | $51M | — | — | 1.8% | 0.3% | $62M | — | $314M |
| Mar '24 | — | $48M | — | — | 1.7% | 0.2% | $47M | — | $221M |
| Dec '23 | — | $55M | — | — | 1.9% | 0.3% | $47M | $113M | $224M |
| Sep '23 | — | $61M | — | — | 2.1% | 0.3% | $78M | $113M | $220M |
| Jun '23 | — | $63M | — | — | 2.2% | 0.3% | $88M | $113M | $308M |
| Mar '23 | — | $61M | — | — | 2.2% | 0.3% | $47M | — | $503M |
| Dec '22 | — | $77M | — | — | 2.7% | 0.4% | $111M | $113M | $353M |
| Sep '22 | — | $72M | — | — | 2.6% | 0.4% | $132M | — | $936M |
| Jun '22 | — | $62M | — | — | 2.2% | 0.3% | $89M | — | $1.5B |
| Mar '22 | — | $53M | — | — | 1.8% | 0.3% | $67M | — | $1.8B |
| Dec '21 | — | $2M | — | — | 0.1% | 0.0% | $24M | $14M | $2.2B |
| Sep '21 | — | $40M | — | — | 2.3% | 0.3% | $30M | $19M | $2.0B |
How the market has priced INDB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
See the revenue and net-income charts above for Independent Bank Corp's multi-year trend.
As of FY2025, Independent Bank Corp reported $359M of total debt against $772M of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Sep '26, Independent Bank Corp traded at a price-to-earnings ratio of about 19.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.