Independent Bank Corp (INDB) Return on Assets [ROA] (2011 - 2026)
Independent Bank (INDB) reported Return on Assets [ROA] of 1.41% for Q2 2026, up 0.20 percentage points from 1.21% a year earlier and up 0.16 percentage points from the prior quarter.
Independent Bank Corp (INDB) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Independent Bank posted Return on Assets [ROA] of 0.93%, down 0.07 percentage points from FY2024.
- Return on Assets [ROA] has declined for three consecutive years, with a five-year change of -0.06 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 0.99% in FY2024 (-0.25 pp), 1.24% in FY2023 (-0.09 pp), 1.33% in FY2022 (+0.61 pp) and 0.72% in FY2021 (-0.27 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q2 2024.
- Year over year, Return on Assets [ROA] gained in two of the last eight quarters, with an average year-over-year change of -0.21 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q1 2023 (a gain of 1.00 percentage points); the low point was Q3 2024 (a drop of 0.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.24% (Q1 2026), 1.05% (Q4 2025) and 1.02% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41% |
| Mar 31, 2026 | 1.24% |
| Dec 31, 2025 | 1.05% |
| Sep 30, 2025 | 1.02% |
| Jun 30, 2025 | 1.21% |
| Mar 31, 2025 | 1.23% |
| Dec 31, 2024 | 1.27% |
| Sep 30, 2024 | 1.31% |
| Jun 30, 2024 | 1.45% |
| Mar 31, 2024 | 1.53% |
| Dec 31, 2023 | 1.63% |
| Sep 30, 2023 | 1.78% |
| Jun 30, 2023 | 1.85% |
| Mar 31, 2023 | 1.85% |
| Dec 31, 2022 | 1.78% |
| Sep 30, 2022 | 1.24% |
| Jun 30, 2022 | 1.02% |
| Mar 31, 2022 | 0.85% |
| Dec 31, 2021 | 0.90% |
| Sep 30, 2021 | 1.34% |
Independent Bank Corp Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=INDB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();