Independent Bank Corp (INDB) Mortgage Banking (2010 - 2026)
Independent Bank's Mortgage Banking was $1.17 million in Q2 2026, up 9.5% from $1.07 million a year earlier but down 7.6% from the prior quarter.
Independent Bank Corp (INDB) Mortgage Banking (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Independent Bank's Mortgage Banking was $5.16 million through Jun 30, 2026, up 34.4% year-over-year; for FY2025, it came in at $4.53 million, up 9.4% from FY2024.
- Mortgage Banking shows a five-year compound annual growth rate of -24.9% (FY2020 to FY2025).
- In earlier years, Mortgage Banking was $4.14 million in FY2024 (+78.1%), $2.33 million in FY2023 (-33.8%), $3.52 million in FY2022 (-73.5%) and $13.28 million in FY2021 (-29.9%).
- Quarterly Mortgage Banking has moved between $308,000 (Q1 2023) and $2.83 million (Q3 2021) over five years.
- Compared with a year earlier, Mortgage Banking has increased for four straight quarters, with growth averaging 28.7% over the last eight quarters.
- The best year-over-year quarter for Mortgage Banking over five years was Q1 2024 (growth of 158.4%); the worst was Q3 2022 (a decline of 79.3%).
- Per Business Quant data, INDB's Mortgage Banking in the three quarters before Q2 2026 was $1.27 million (Q1 2026), $1.27 million (Q4 2025) and $1.44 million (Q3 2025).
Peer Comparison
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 |
Independent Bank Corp Mortgage Banking 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=mortgage-banking&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "mortgage-banking", "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=mortgage-banking&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();