Independent Bank (INDB) Net Margin (2010 - 2026)
Independent Bank (INDB) posted Net Margin of 32.31% for Q2 2026, up 2.16% on a QoQ basis from 31.62% in Q1 2026, and up 420.0% year-over-year from 6.21% in Q2 2025.
Analysis
Independent Bank (INDB) Net Margin (2010 - 2026) Analysis & Trends
Independent Bank has reported Net Margin for 17 years, with the latest figure at 32.31% in Q2 2026.
- On a quarterly basis, Net Margin rose 420.0% year-over-year to 32.31% in Q2 2026; TTM through Jun 2026 was 27.04%, a 56.0% increase from a year earlier, with the FY2025 full-year figure at 23.92%, down 393.0% from the prior year.
- Net Margin was 32.31% for Q2 2026 at Independent Bank, up from 31.62% in the prior quarter.
- The five-year high for Net Margin was 38.4% in Q4 2022, with the low at 14.06% in Q3 2025.
- Average Net Margin over 5 years is 30.41%, with a median of 31.28% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin soared 3727 bps in 2022, then plunged 1045 bps in 2025.
- Over 5 years, Net Margin stood at 38.4% in 2022, then decreased by 19 bps to 30.93% in 2023, then decreased by 9 bps to 28.29% in 2024, then climbed by 5 bps to 29.67% in 2025, then gained by 9 bps to 32.31% in 2026.
- The last three Net Margin figures came in at 32.31% (Q2 2026), 31.62% (Q1 2026), and 29.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 23.30% |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 24.18% |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 24.27% |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 28.79% |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 24.18% |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 864.86% |
| 10 | Independent Bank | 4.00 Bn | 3.91 Bn | - | 32.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.31% |
| Mar 31, 2026 | 31.62% |
| Dec 31, 2025 | 29.67% |
| Sep 30, 2025 | 14.06% |
| Jun 30, 2025 | 28.11% |
| Mar 31, 2025 | 24.95% |
| Dec 31, 2024 | 28.29% |
| Sep 30, 2024 | 24.51% |
| Jun 30, 2024 | 30.15% |
| Mar 31, 2024 | 28.54% |
| Dec 31, 2023 | 30.93% |
| Sep 30, 2023 | 33.15% |
| Jun 30, 2023 | 34.18% |
| Mar 31, 2023 | 32.71% |
| Dec 31, 2022 | 38.40% |
| Sep 30, 2022 | 37.68% |
| Jun 30, 2022 | 35.76% |
| Mar 31, 2022 | 32.43% |
| Dec 31, 2021 | 1.12% |
| Sep 30, 2021 | 34.33% |