Independent Bank (INDB) Mortgage Banking (2010 - 2026)
Independent Bank (INDB) posted Mortgage Banking of $1.2 million for Q2 2026, down 7.56% on a QoQ basis from $1.3 million in Q1 2026, and up 9.51% year-over-year from $1.1 million in Q2 2025.
Analysis
Independent Bank (INDB) Mortgage Banking (2010 - 2026) Analysis & Trends
Independent Bank has reported Mortgage Banking for 17 years, with the latest figure at $1.2 million in Q2 2026.
- On a quarterly basis, Mortgage Banking rose 9.51% year-over-year to $1.2 million in Q2 2026; TTM through Jun 2026 was $5.2 million, a 34.43% increase from a year earlier, with the FY2025 full-year figure at $4.5 million, up 9.37% from the prior year.
- Mortgage Banking was $1.2 million for Q2 2026 at Independent Bank, down from $1.3 million in the prior quarter.
- The five-year high for Mortgage Banking was $1.4 million in Q3 2025, with the low at $308000.0 in Q1 2023.
- Average Mortgage Banking over 5 years is $942166.7, with a median of $1.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Mortgage Banking slumped 79.29% in 2022, then soared 158.44% in 2024.
- Over 5 years, Mortgage Banking stood at $526000.0 in 2022, then climbed by 15.78% to $609000.0 in 2023, then jumped by 73.23% to $1.1 million in 2024, then gained by 20.76% to $1.3 million in 2025, then decreased by 7.85% to $1.2 million in 2026.
- The last three Mortgage Banking figures came in at $1.2 million (Q2 2026), $1.3 million (Q1 2026), and $1.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | Independent Bank | 3.95 Bn | 3.86 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 Mn |
| Mar 31, 2026 | 1.27 Mn |
| Dec 31, 2025 | 1.27 Mn |
| Sep 30, 2025 | 1.44 Mn |
| Jun 30, 2025 | 1.07 Mn |
| Mar 31, 2025 | 741,000.00 |
| Dec 31, 2024 | 1.06 Mn |
| Sep 30, 2024 | 972,000.00 |
| Jun 30, 2024 | 1.32 Mn |
| Mar 31, 2024 | 796,000.00 |
| Dec 31, 2023 | 609,000.00 |
| Sep 30, 2023 | 739,000.00 |
| Jun 30, 2023 | 670,000.00 |
| Mar 31, 2023 | 308,000.00 |
| Dec 31, 2022 | 526,000.00 |
| Sep 30, 2022 | 585,000.00 |
| Jun 30, 2022 | 1.04 Mn |
| Mar 31, 2022 | 1.36 Mn |
| Dec 31, 2021 | 2.01 Mn |
| Sep 30, 2021 | 2.83 Mn |