Independent Bank (INDB) Net Margin (2010 - 2026)
Independent Bank's quarterly Net Margin came in at 31.62% in Q1 2026, up 667.0% year-on-year from 4.12% in Q1 2025, and up 6.59% quarter-over-quarter from 29.67% in Q4 2025.
Independent Bank has reported Net Margin for 17 years, with the latest figure at 31.62% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 667.0% year-over-year to 31.62%; the trailing twelve-month figure through Mar 2026 stood at 25.81% (down 113.0% YoY), and the FY2025 full-year result was 23.92%, down 393.0% from the prior year.
- Net Margin for Q1 2026 stood at 31.62%, up from 29.67% 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 30.3%, with a median of 30.93% recorded in 2023.
- Year-over-year, Net Margin jumped 3727 bps in 2022 and sank 1045 bps in 2025.
- Tracing INDB's Net Margin over 5 years: 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 rose by 7 bps to 31.62% in 2026.
- The last three Net Margin figures came in at 31.62% (Q1 2026), 29.67% (Q4 2025), and 14.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 251.45% |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 26.97% |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | -0.97% |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 27.35% |
| 10 | Independent Bank | 3.86 Bn | 3.77 Bn | - | 31.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 31.75% |
| Mar 31, 2021 | 34.52% |
| Dec 31, 2020 | 29.13% |
| Sep 30, 2020 | 29.01% |
| Jun 30, 2020 | 20.88% |
| Mar 31, 2020 | 22.16% |
| Dec 31, 2019 | 35.62% |
| Sep 30, 2019 | 38.01% |
| Jun 30, 2019 | 22.74% |
| Mar 31, 2019 | 33.85% |
| Dec 31, 2018 | 28.84% |
| Sep 30, 2018 | 33.18% |
| Jun 30, 2018 | 32.74% |
| Mar 31, 2018 | 31.19% |
| Dec 31, 2017 | 24.58% |
| Sep 30, 2017 | 27.15% |
| Jun 30, 2017 | 24.15% |
| Mar 31, 2017 | 26.20% |
| Dec 31, 2016 | 21.34% |
| Sep 30, 2016 | 26.23% |
| Jun 30, 2016 | 26.25% |
| Mar 31, 2016 | 25.13% |
| Dec 31, 2015 | 26.04% |
| Sep 30, 2015 | 25.03% |
| Jun 30, 2015 | 23.58% |
| Mar 31, 2015 | 13.95% |
| Dec 31, 2014 | 23.39% |
| Sep 30, 2014 | 23.61% |
| Jun 30, 2014 | 22.37% |
| Mar 31, 2014 | 20.55% |
| Dec 31, 2013 | 16.45% |
| Sep 30, 2013 | 23.14% |
| Jun 30, 2013 | 20.48% |
| Mar 31, 2013 | 20.22% |
| Dec 31, 2012 | 15.95% |
| Sep 30, 2012 | 19.68% |
| Jun 30, 2012 | 15.40% |
| Mar 31, 2012 | 21.85% |
| Dec 31, 2011 | 19.88% |
| Sep 30, 2011 | 22.15% |
| Jun 30, 2011 | 20.02% |
| Mar 31, 2011 | 20.69% |
| Dec 31, 2010 | 21.27% |
| Sep 30, 2010 | 21.09% |
| Jun 30, 2010 | 15.41% |