Independent Bank (INDB) Net Margin (2010 - 2026)

Independent Bank's Net Margin history runs 17 years deep, the most recent figure standing at 34.54% for Q1 2026.

• On a quarterly basis, Net Margin rose 372.0% year-over-year to 34.54% in Q1 2026; TTM through Mar 2026 was 21.18%, a 890.0% decrease from a year earlier, with the FY2025 full-year figure at 26.5%, down 439.0% from the prior year.
• Net Margin improved to 34.54% in Q1 2026 per INDB's latest filing, from 14.51% in the prior quarter.
• Across five years, Net Margin topped out at 92.61% in Q3 2023 and bottomed at 14.51% in Q4 2025.
• The 5-year median for Net Margin is 34.18% (2023), against an average of 36.16%.
• Across the five-year window, Net Margin surged 5211 bps in 2023 and tumbled 6618 bps in 2024, its largest moves.
• Year by year, Net Margin stood at 38.01% in 2022, then tumbled by 36 bps to 24.4% in 2023, then decreased by 7 bps to 22.78% in 2024, then plunged by 36 bps to 14.51% in 2025, then jumped by 138 bps to 34.54% in 2026.
• Per Business Quant, the three latest INDB Net Margin figures stand at 34.54% (Q1 2026), 14.51% (Q4 2025), and 15.29% (Q3 2025).