Independent Bank Corp (INDB) Share-based Compensation (2010 - 2026)
Independent Bank (INDB) recorded Share-based Compensation of $3.32 million in Q2 2026, up 12.6% from $2.95 million a year earlier and up 43.4% from the prior quarter.
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Analysis
Independent Bank Corp (INDB) Share-based Compensation (2010 - 2026) Analysis & Trends
On a TTM basis, Independent Bank's Share-based Compensation came in at $9.78 million as of Jun 30, 2026, up 23.3% year-over-year; for FY2025, it was $8.99 million, up 37.7% from FY2024.
- Annual Share-based Compensation has increased for five straight years, with a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- Across earlier years, Share-based Compensation came in at $6.52 million in FY2024 (+2.3%), $6.38 million in FY2023 (+42.9%), $4.46 million in FY2022 (+3.6%) and $4.31 million in FY2021 (+4.5%).
- The Q2 2026 figure is the highest quarterly Share-based Compensation in data going back to Q3 2010.
- On a year-over-year basis, Share-based Compensation has increased for six consecutive quarters, with growth averaging 27.1% over the last eight quarters.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 100.5% in Q1 2023, against a decline of 27.5% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.32 million (Q1 2026), $1.89 million (Q4 2025) and $2.25 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.32 Mn |
| Mar 31, 2026 | 2.32 Mn |
| Dec 31, 2025 | 1.89 Mn |
| Sep 30, 2025 | 2.25 Mn |
| Jun 30, 2025 | 2.95 Mn |
| Mar 31, 2025 | 1.90 Mn |
| Dec 31, 2024 | 1.57 Mn |
| Sep 30, 2024 | 1.51 Mn |
| Jun 30, 2024 | 2.14 Mn |
| Mar 31, 2024 | 1.30 Mn |
| Dec 31, 2023 | 1.66 Mn |
| Sep 30, 2023 | 1.13 Mn |
| Jun 30, 2023 | 1.92 Mn |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 981,000.00 |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 1.63 Mn |
| Mar 31, 2022 | 834,000.00 |
| Dec 31, 2021 | 842,000.00 |
| Sep 30, 2021 | 707,000.00 |
API Access
Independent Bank Corp Share-based Compensation 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=share-based-compensation&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();