Independent Bank (INDB) Consolidated Net Income (2010 - 2026)
Independent Bank (INDB) posted Consolidated Net Income of $106.8 million for Q2 2026, up 62.3% from $65.81 million a year earlier and up 2.4% from the prior quarter.
Independent Bank (INDB) Consolidated Net Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Consolidated Net Income at Independent Bank was $350.3 million, up 45.2% year-over-year; for FY2025, it came in at $205.12 million, up 6.8% from FY2024.
- Annual Consolidated Net Income shows a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- In prior years, Independent Bank's Consolidated Net Income was $192.08 million in FY2024 (-19.8%), $239.5 million in FY2023 (-9.2%), $263.81 million in FY2022 (+118.0%) and $120.99 million in FY2021 (-0.1%).
- The Q2 2026 figure stands as the highest quarterly Consolidated Net Income in data going back to Q2 2010.
- On a year-over-year basis, Consolidated Net Income has increased in each of the last three quarters, with growth averaging 15.5% over the last eight quarters.
- The strongest year-over-year quarter for Consolidated Net Income in the past five years was Q1 2026, with growth of 82.5%; the weakest was Q3 2024, with a decline of 31.0%.
- According to Business Quant data, Consolidated Net Income for the three prior quarters was $104.3 million (Q1 2026), $94.81 million (Q4 2025) and $44.39 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 21.16 Bn |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 9.07 Bn |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 7.93 Bn |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 5.65 Bn |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 4.32 Bn |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 6.63 Bn |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 5.31 Bn |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 6.65 Bn |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | 3.31 Bn |
| 10 | Independent Bank | 3.99 Bn | 3.90 Bn | - | 106.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 106.80 Mn |
| Mar 31, 2026 | 104.30 Mn |
| Dec 31, 2025 | 94.81 Mn |
| Sep 30, 2025 | 44.39 Mn |
| Jun 30, 2025 | 65.81 Mn |
| Mar 31, 2025 | 57.17 Mn |
| Dec 31, 2024 | 62.93 Mn |
| Sep 30, 2024 | 55.31 Mn |
| Jun 30, 2024 | 66.39 Mn |
| Mar 31, 2024 | 62.50 Mn |
| Dec 31, 2023 | 70.92 Mn |
| Sep 30, 2023 | 80.14 Mn |
| Jun 30, 2023 | 82.75 Mn |
| Mar 31, 2023 | 81.33 Mn |
| Dec 31, 2022 | 100.29 Mn |
| Sep 30, 2022 | 95.07 Mn |
| Jun 30, 2022 | 82.20 Mn |
| Mar 31, 2022 | 70.20 Mn |
| Dec 31, 2021 | -1.12 Mn |
| Sep 30, 2021 | 54.13 Mn |
Independent Bank Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "INDB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();