Independent Bank (INDB) Service Charges (2010 - 2026)
Independent Bank (INDB) posted quarterly Service Charges of $9.2 million for Q1 2026, down 77.66% year-over-year from $41.4 million in Q1 2025, and up 60.35% quarter-over-quarter from $5.8 million in Q4 2025.
Independent Bank (INDB) Service Charges (2010 - 2026) Analysis & Trends
Independent Bank's Service Charges history runs 17 years deep, the most recent figure standing at $9.2 million for Q1 2026.
- In Q1 2026, Service Charges fell 77.66% year-over-year to $9.2 million; the TTM figure through Mar 2026 stood at $31.0 million (down 32.22% YoY), while the FY2025 annual figure was $56.8 million, up 114.72% from the prior year.
- Service Charges for Q1 2026 stood at $9.2 million, up from $5.8 million in the prior quarter.
- The five-year high for Service Charges was $41.4 million in Q1 2025, with the low at -$9.0 million in Q4 2024.
- The 5-year median for Service Charges is $6.3 million (2022), against an average of $9.5 million.
- The sharpest annual moves came in 2024 and 2025: Service Charges tumbled 315.02% in 2024, then soared 564.74% in 2025.
- Independent Bank's Service Charges stood at $21.4 million in 2022, then plunged by 80.44% to $4.2 million in 2023, then sank by 315.02% to -$9.0 million in 2024, then surged by 164.15% to $5.8 million in 2025, then soared by 60.35% to $9.2 million in 2026.
- Business Quant data shows INDB's Service Charges at $9.2 million in Q1 2026, $5.8 million in Q4 2025, and $8.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 121.12 Bn | 84.92 Bn | - |
| 2 | Pnc Financial Services | 97.87 Bn | 97.87 Bn | - |
| 3 | Us Bancorp | 96.18 Bn | 96.18 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.10 Bn | -81.21 Bn | - |
| 7 | Nu Holdings | 70.83 Bn | 57.14 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.61 Bn | 25.89 Bn | - |
| 10 | Independent Bank | 4.01 Bn | 3.92 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.39 Mn |
| Mar 31, 2026 | 9.25 Mn |
| Dec 31, 2025 | 5.77 Mn |
| Sep 30, 2025 | 8.85 Mn |
| Jun 30, 2025 | 7.14 Mn |
| Mar 31, 2025 | 41.40 Mn |
| Dec 31, 2024 | -8.99 Mn |
| Sep 30, 2024 | 7.01 Mn |
| Jun 30, 2024 | 6.33 Mn |
| Mar 31, 2024 | 6.23 Mn |
| Dec 31, 2023 | 4.18 Mn |
| Sep 30, 2023 | 6.02 Mn |
| Jun 30, 2023 | 23.77 Mn |
| Mar 31, 2023 | 5.92 Mn |
| Dec 31, 2022 | 21.38 Mn |
| Sep 30, 2022 | 6.26 Mn |
| Jun 30, 2022 | 5.83 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 5.04 Mn |
| Sep 30, 2021 | 4.30 Mn |