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

Independent Bank's Net Margin history runs 17 years deep, the most recent figure standing at 31.62% for Q1 2026.

• In Q1 2026, Net Margin rose 667.0% year-over-year to 31.62%; the TTM figure through Mar 2026 stood at 25.81% (down 113.0% YoY), while the FY2025 annual figure was 23.92%, down 393.0% from the prior year.
• Net Margin was 31.62% for Q1 2026 at Independent Bank, up from 29.67% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 38.4% in Q4 2022 to a low of 14.06% in Q3 2025.
• Historically, Net Margin has averaged 30.3% across 5 years, with a median of 30.93% in 2023.
• The sharpest annual moves came in 2022 and 2025: Net Margin surged 3727 bps in 2022, then sank 1045 bps in 2025.
• A 5-year view of Net Margin shows it stood at 38.4% in 2022, then retreated by 19 bps to 30.93% in 2023, then retreated by 9 bps to 28.29% in 2024, then advanced by 5 bps to 29.67% in 2025, then increased 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.