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Independent Bank (INDB) Quarterly Income Statement

Quarterly · GAAP · USD millions
Access INDB Annual Income Statement →
Quarterly income statement trends provide context on Independent Bank's margins, operating leverage, and earnings trajectory.
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Quarterly Report, GAAP in USD millions
ITEM 		(Jun 30 2026)
Q2 2026 		(Mar 31 2026) (Dec 31 2025) (Sep 30 2025) (Jun 30 2025)
Revenues
Interest and Fee Income, Loans and Leases260.46
Interest Income, Securities, Operating, Taxable26.10
Interest Income, Federal Funds Sold2.63
Other Income0.00
Total Interest Income289.29
Interest Expense, Deposits67.64
Interest Expense, Borrowings10.72
Net Interest (-)Expense / Income0.00
Net Interest Income210.93
Provision for loan losses6.25
Total Net Interest Income204.68
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions14.96
Other Non-interest Income9.19
Loss / Gain on Investment0.82
Other Non-Interest Income0.00
Total Non-interest Income42.39
Total Revenues247.07
Costs & Expenses
Salaries & employee benefits, SGA79.09
Restructuring, Accretion & impairment charges0.00
Depreciation & Amortization6.79
Communications, Occupancy and Information Technology19.38
Professional Fees0.00
Federal Deposit Insurance Corporation Premium Expense3.16
Other Noninterest Expense19.05
Other loss /-income0.00
Total Operating Expenses140.27
Total Costs & Expenses140.27
Income & Taxes
Income /-loss before income taxes106.80
Income taxes expenses/-benefit0.00
Income after income taxes0.00
Net income/-loss of other equity-24.96
Income /-loss after income taxes81.84
Net Income/-loss81.84
Income/-loss to shareholder81.84
Earnings Per Share
Basic EPS (excl. extra items)1.70
Basic Net EPS1.70
Basic shares outstanding (Mill. of Units)48.05
Diluted Net EPS1.70
Diluted average shares (Mill. of Units)48.08
Dividend per share0.64
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About Independent Bank Corp Quarterly Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-Q filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-Q filings
  • Filed with the SEC: August 6, 2026
  • Original filing: indb-20260630.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.