Independent Bank Corp (INDB) Service Charges (2010 - 2026)
Independent Bank's Service Charges was $9.39 million in Q2 2026, up 31.5% from $7.14 million a year earlier and up 1.6% from the prior quarter.
Powered by 
Analysis
Independent Bank Corp (INDB) Service Charges (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Independent Bank's Service Charges was $36.59 million through Jun 30, 2026, up 30.3% year-over-year; for FY2025, it came in at $32.14 million, up 21.5% from FY2024.
- Service Charges has now increased for five consecutive years, with a five-year compound annual growth rate of 16.3% (FY2020 to FY2025).
- In earlier years, Service Charges was $26.46 million in FY2024 (+12.6%), $23.49 million in FY2023 (+0.5%), $23.37 million in FY2022 (+39.6%) and $16.75 million in FY2021 (+10.7%).
- The Q2 2026 figure marks the highest quarterly Service Charges in data going back to Q2 2010.
- Compared with a year earlier, Service Charges has increased for 11 straight quarters, with growth averaging 22.2% over the last eight quarters.
- The best year-over-year quarter for Service Charges over five years was Q1 2022 (growth of 53.3%); the worst was Q2 2023 (a decline of 5.5%).
- Per Business Quant data, INDB's Service Charges in the three quarters before Q2 2026 was $9.25 million (Q1 2026), $9.1 million (Q4 2025) and $8.85 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.39 Mn |
| Mar 31, 2026 | 9.25 Mn |
| Dec 31, 2025 | 9.10 Mn |
| Sep 30, 2025 | 8.85 Mn |
| Jun 30, 2025 | 7.14 Mn |
| Mar 31, 2025 | 7.05 Mn |
| Dec 31, 2024 | 7.12 Mn |
| Sep 30, 2024 | 6.78 Mn |
| Jun 30, 2024 | 6.33 Mn |
| Mar 31, 2024 | 6.23 Mn |
| Dec 31, 2023 | 6.13 Mn |
| Sep 30, 2023 | 5.94 Mn |
| Jun 30, 2023 | 5.51 Mn |
| Mar 31, 2023 | 5.92 Mn |
| Dec 31, 2022 | 5.79 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 |
API Access
Independent Bank Corp Service Charges 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=service-charges&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "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=service-charges&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();