Independent Bank Corp (INDB) EBT Margin (2010 - 2026)
Independent Bank (INDB) reported EBT Margin of 42.16% for Q2 2026, up 5.96 percentage points from 36.20% a year earlier and up 0.89 percentage points from the prior quarter.
Independent Bank Corp (INDB) EBT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Independent Bank's EBT Margin came in at 34.90%, up 1.02 percentage points year-over-year; for FY2025, it came in at 30.57%, down 5.26 percentage points from FY2024.
- EBT Margin has declined for three consecutive years, with a five-year change of -1.32 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 35.83% in FY2024 (-7.27 pp), 43.10% in FY2023 (-4.67 pp), 47.77% in FY2022 (+16.90 pp) and 30.88% in FY2021 (-1.02 pp).
- The Q2 2026 figure ranks as the highest quarterly EBT Margin since Q3 2023.
- Year over year, EBT Margin has now increased in each of the last three quarters, with an average year-over-year change of -2.63 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q4 2022 (a gain of 50.72 percentage points); the low point was Q4 2021 (a drop of 38.74 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 41.27% (Q1 2026), 37.34% (Q4 2025) and 18.21% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.16% |
| Mar 31, 2026 | 41.27% |
| Dec 31, 2025 | 37.34% |
| Sep 30, 2025 | 18.21% |
| Jun 30, 2025 | 36.20% |
| Mar 31, 2025 | 32.11% |
| Dec 31, 2024 | 35.58% |
| Sep 30, 2024 | 31.56% |
| Jun 30, 2024 | 39.00% |
| Mar 31, 2024 | 37.34% |
| Dec 31, 2023 | 40.03% |
| Sep 30, 2023 | 43.69% |
| Jun 30, 2023 | 45.14% |
| Mar 31, 2023 | 43.44% |
| Dec 31, 2022 | 49.98% |
| Sep 30, 2022 | 49.83% |
| Jun 30, 2022 | 47.58% |
| Mar 31, 2022 | 42.88% |
| Dec 31, 2021 | -0.74% |
| Sep 30, 2021 | 46.44% |
Independent Bank Corp EBT Margin 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=ebt-margin&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();