Independent Bank Net Income

INDB Stock  USD 84.37  0.24  0.28%   
As of the 11th of February 2026, Independent Bank retains the Risk Adjusted Performance of 0.1664, downside deviation of 1.24, and Market Risk Adjusted Performance of 0.3301. Independent Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Independent Bank Total Revenue

1.23 Billion

Independent Bank's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Independent Bank's valuation are provided below:
Gross Profit
792.1 M
Profit Margin
0.259
Market Capitalization
4.2 B
Enterprise Value Revenue
5.7936
Revenue
792.1 M
We have found one hundred twenty available fundamental trends for Independent Bank, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to confirm all of Independent Bank regular market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. As of February 11, 2026, Market Cap is expected to decline to about 2.5 B. In addition to that, Enterprise Value is expected to decline to about 2.6 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income220.9 M231.9 M
Net Income Applicable To Common Shares303.4 M318.6 M
Net Income From Continuing Ops220.9 M129.7 M
Net Income Per Share 4.15  4.36 
Net Income Per E B T 0.78  0.58 
At present, Independent Bank's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 318.6 M, whereas Net Income From Continuing Ops is forecasted to decline to about 129.7 M.
  
Build AI portfolio with Independent Stock
Analyzing Independent Bank's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Independent Bank's current valuation and future prospects.

Latest Independent Bank's Net Income Growth Pattern

Below is the plot of the Net Income of Independent Bank over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Independent Bank financial statement analysis. It represents the amount of money remaining after all of Independent Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Independent Bank's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independent Bank's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 192.08 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Independent Net Income Regression Statistics

Arithmetic Mean122,225,065
Geometric Mean91,939,282
Coefficient Of Variation63.86
Mean Deviation64,437,731
Median120,992,000
Standard Deviation78,051,578
Sample Variance6092T
Range257.8M
R-Value0.92
Mean Square Error1026.5T
R-Squared0.84
Slope14,183,254
Total Sum of Squares97472.8T

Independent Net Income History

2026215.4 M
2025205.1 M
2024192.1 M
2023239.5 M
2022263.8 M
2021121 M
2020121.2 M

Other Fundumenentals of Independent Bank

Independent Bank Net Income component correlations

Independent Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Independent Bank is extremely important. It helps to project a fair market value of Independent Stock properly, considering its historical fundamentals such as Net Income. Since Independent Bank's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independent Bank's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independent Bank's interrelated accounts and indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. Market participants price Independent higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Independent Bank assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.291
Dividend Share
2.36
Earnings Share
4.44
Revenue Per Share
17.155
Quarterly Revenue Growth
0.471
Understanding Independent Bank requires distinguishing between market price and book value, where the latter reflects Independent's accounting equity. The concept of intrinsic value - what Independent Bank's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Independent Bank's price substantially above or below its fundamental value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Independent Bank's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Independent Bank 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Independent Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Independent Bank.
0.00
11/13/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/11/2026
0.00
If you would invest  0.00  in Independent Bank on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding Independent Bank or generate 0.0% return on investment in Independent Bank over 90 days. Independent Bank is related to or competes with First Interstate, Renasant, BBVA Banco, Associated Banc, Webster Financial, Fulton Financial, and Cathay General. Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking ... More

Independent Bank Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Independent Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Independent Bank upside and downside potential and time the market with a certain degree of confidence.

Independent Bank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Independent Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Independent Bank's standard deviation. In reality, there are many statistical measures that can use Independent Bank historical prices to predict the future Independent Bank's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Independent Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
83.4085.0186.62
Details
Intrinsic
Valuation
LowRealHigh
76.1592.4394.04
Details
4 Analysts
Consensus
LowTargetHigh
81.9090.0099.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.731.781.82
Details

Independent Bank February 11, 2026 Technical Indicators

Independent Bank Backtested Returns

Independent Bank appears to be very steady, given 3 months investment horizon. Independent Bank holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Independent Bank, which you can use to evaluate the volatility of the firm. Please utilize Independent Bank's Market Risk Adjusted Performance of 0.3301, downside deviation of 1.24, and Risk Adjusted Performance of 0.1664 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Independent Bank holds a performance score of 18. The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. Independent Bank returns are very sensitive to returns on the market. As the market goes up or down, Independent Bank is expected to follow. Please check Independent Bank's total risk alpha, value at risk, and the relationship between the information ratio and treynor ratio , to make a quick decision on whether Independent Bank's current trending patterns will revert.

Auto-correlation

    
  0.78  

Good predictability

Independent Bank has good predictability. Overlapping area represents the amount of predictability between Independent Bank time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Independent Bank price movement. The serial correlation of 0.78 indicates that around 78.0% of current Independent Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.81
Residual Average0.0
Price Variance17.86
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Independent Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(37.77 Million)

At present, Independent Bank's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, Independent Bank reported net income of 192.08 M. This is 84.96% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 66.36% higher than that of the company.

Independent Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independent Bank's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independent Bank could also be used in its relative valuation, which is a method of valuing Independent Bank by comparing valuation metrics of similar companies.
Independent Bank is currently under evaluation in net income category among its peers.

Independent Bank ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independent Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independent Bank's managers, analysts, and investors.
Environmental
Governance
Social

Independent Bank Institutional Holders

Institutional Holdings refers to the ownership stake in Independent Bank that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Independent Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Independent Bank's value.
Shares
First Trust Advisors L.p.2025-06-30
657.6 K
Fj Capital Management Llc2025-06-30
649.3 K
Morgan Stanley - Brokerage Accounts2025-06-30
609 K
Silvercrest Asset Management Group Llc2025-06-30
586.1 K
Btim Corp2025-06-30
585 K
Goldman Sachs Group Inc2025-06-30
551.1 K
Charles Schwab Investment Management Inc2025-06-30
534.7 K
Reinhart Mahoney Capital Management Inc2025-06-30
507.7 K
Norges Bank2025-06-30
493.8 K
Blackrock Inc2025-06-30
6.2 M
Vanguard Group Inc2025-06-30
5.2 M

Independent Fundamentals

About Independent Bank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independent Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independent Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independent Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:
Check out
For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. Market participants price Independent higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Independent Bank assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.291
Dividend Share
2.36
Earnings Share
4.44
Revenue Per Share
17.155
Quarterly Revenue Growth
0.471
Understanding Independent Bank requires distinguishing between market price and book value, where the latter reflects Independent's accounting equity. The concept of intrinsic value - what Independent Bank's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Independent Bank's price substantially above or below its fundamental value.
Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Independent Bank's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.