Independent Bank (INDB) EBIT (2009 - 2026)
Independent Bank's EBIT came in at $185.16 million for Q2 2026, up 35.6% from $136.5 million a year earlier and up 1.7% from the prior quarter.
Independent Bank (INDB) EBIT (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Independent Bank reported EBIT of $682.93 million, up 30.1% year-over-year; for FY2025, it was $575.74 million, up 7.0% from FY2024.
- EBIT has increased in each of the last four years, with a five-year compound annual growth rate of 25.2% (FY2020 to FY2025).
- Going back by year, EBIT was $538.15 million in FY2024 (+6.7%), $504.34 million in FY2023 (+33.7%), $377.35 million in FY2022 (+121.5%) and $170.39 million in FY2021 (-9.0%).
- The Q2 2026 figure represents the highest quarterly EBIT in data going back to Q2 2010.
- Year-over-year, EBIT has increased for four consecutive quarters, with growth averaging 13.8% over the last eight quarters.
- The fastest year-over-year change in EBIT over five years came in Q3 2022 (growth of 79.5%), and the weakest in Q4 2021 (a decline of 95.5%).
- Business Quant data shows INDB's EBIT at $182.11 million (Q1 2026), $179.86 million (Q4 2025) and $135.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 46.15 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 40.42 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 26.78 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 8.97 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 19.42 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 18.35 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 26.03 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 18.49 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 5.11 Bn |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 200.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 200.76 Mn |
| Jun 30, 2026 | 185.16 Mn |
| Mar 31, 2026 | 182.11 Mn |
| Dec 31, 2025 | 179.86 Mn |
| Sep 30, 2025 | 135.80 Mn |
| Jun 30, 2025 | 136.50 Mn |
| Mar 31, 2025 | 123.58 Mn |
| Dec 31, 2024 | 134.59 Mn |
| Sep 30, 2024 | 130.13 Mn |
| Jun 30, 2024 | 140.33 Mn |
| Mar 31, 2024 | 133.10 Mn |
| Dec 31, 2023 | 132.99 Mn |
| Sep 30, 2023 | 133.19 Mn |
| Jun 30, 2023 | 128.90 Mn |
| Mar 31, 2023 | 109.27 Mn |
| Dec 31, 2022 | 116.06 Mn |
| Sep 30, 2022 | 102.44 Mn |
| Jun 30, 2022 | 85.46 Mn |
| Mar 31, 2022 | 73.39 Mn |
| Dec 31, 2021 | 2.27 Mn |
Independent Bank EBIT 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=ebit&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();