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Independent Bank (INDB)
NASDAQ:INDB
US Market

Independent Bank (INDB) Income Statement

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Independent Bank Income Statement

Last quarter (Q1 2024), Independent Bank's total revenue was $167.38M, a decrease of -15.70% from the same quarter last year. In Q1, Independent Bank's net income was $47.77M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 714.10M$ 731.13M$ 727.92M$ 489.20M$ 473.08M$ 506.97M
Credit Losses Provision
$ 22.75M$ 23.25M$ 6.50M$ 18.20M$ -52.50M$ -6.00M
Non Interest Expense
$ 194.56M$ 392.75M$ 373.66M$ -332.53M$ 263.58M$ 256.43M
Incomefrom Associatesand Other Participating Interests
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Special Income Charges
$ -28.66M$ -48.01M$ -57.63M$ -61.03M$ -4.16M$ -26.43M
Pretax Income
$ 306.71M$ 315.13M$ 347.75M$ 156.68M$ 152.84M$ 218.11M
Tax Provision
$ 31.47M$ 75.63M$ 83.94M$ 39.66M$ 31.67M$ 52.93M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 515.59M$ 239.50M$ 301.07M$ 120.99M$ 121.17M$ 165.18M
Basic EPS
$ 5.28$ 5.42$ 5.69$ 3.47$ 3.64$ 5.03
Diluted EPS
$ 5.28$ 5.42$ 5.69$ 3.47$ 3.64$ 5.03
Basic Average Shares
$ 175.82M$ 44.18M$ 46.37M$ 34.87M$ 33.26M$ 32.81M
Diluted Average Shares
$ 42.59M$ 44.18M$ 17.94K$ 16.48K$ 33.29M$ 32.86M
Dividend Per Share
$ 2.22$ 2.20$ 2.08$ 1.92$ 1.84$ 1.76
Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
----$ 3.66$ 5.62
Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 568.86M$ 583.27M$ 606.75M$ 365.15M$ 315.23M$ 387.13M
Net Income From Continuing And Discontinued Operation
$ 232.47M$ 239.50M$ 263.81M$ 120.99M$ 121.17M$ 165.18M
Normalized Income
$ -162.34M-$ 129.41M-$ 124.47M$ 185.19M
Total Money Market Investments
----$ 847.00K$ 2.21M
Ebit
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Ebitda
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Currency in USD

Independent Bank Earnings and Revenue History

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