Independent Bank Corp

NAS:INDBFinancial ServicesCBOEFTSE:MRUTNASDAQ:BANK

$80.88+1.79%At closeAt close · Wed 21 Oct · ≈ AED 297.03 · Market cap $3.83B · Next earnings Thu 21 Jan

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	0.5	0.5	0.7	0.9	1.0	1.2	1.3	+11.5%
Cost of revenue	0.1	0.0	0.0	0.2	0.3	0.4	—	—
Gross profit	0.4	0.5	0.7	0.7	0.6	0.8	—	—
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	0.2	0.2	0.2	0.2	0.2	0.3	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	0.3	0.3	0.4	0.4	0.4	0.5	—	—
Operating income	0.2	0.2	0.3	0.3	0.2	0.3	0.4	+54.9%
Interest expense	0.0	0.0	0.0	0.2	0.3	0.3	0.1	−65.1%
Interest income	0.4	0.4	0.6	0.8	0.9	1.0	—	—
Other income / expense	0.0	0.0	0.0	0.0	0.0	(0.0)	—	—
Pre-tax income	0.2	0.2	0.3	0.3	0.2	0.3	0.4	+61.3%
Income tax	0.0	0.0	0.1	0.1	0.1	0.1	0.1	+68.4%
Net income	0.1	0.1	0.3	0.2	0.2	0.2	0.3	+59.3%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	3.64	3.47	5.69	5.42	4.52	4.45	6.75	+51.8%
EPS, diluted (per share)	3.64	3.47	5.69	5.42	4.52	4.45	6.75	+51.7%
EBITDA	0.2	0.2	0.4	0.4	0.3	0.3	—	—
Depreciation & amortization	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Weighted average shares (shares)	33,260,000	34,872,000	46,372,000	44,182,000	42,499,000	49,452,717	—	—
Weighted average diluted shares (shares)	33,285,000	34,889,000	46,390,000	44,194,000	42,512,000	49,476,340	—	—
Gross margin	82.9%	93.8%	95.2%	76.7%	66.4%	67.9%	—	—
Operating margin	30.1%	30.4%	46.4%	34.6%	25.4%	22.9%	31.8%	+8.9 pts
Net margin	23.9%	23.4%	35.2%	26.3%	19.7%	17.6%	25.1%	+7.5 pts

USD billionsUpdated Thu 15 Oct ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-09-30 and uses four consecutive reported quarters.