Independent Bank (INDB) Shares Outstanding (Entity) (2009 - 2026)
Independent Bank (INDB) posted Shares Outstanding (Entity) of 47.62 million for Q2 2026, up 11.7% from 42.63 million a year earlier but down 2.0% from the prior quarter.
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Analysis
Independent Bank (INDB) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, Independent Bank's Shares Outstanding (Entity) came in at 49.24 million, up 15.9% from FY2024.
- Annual Shares Outstanding (Entity) shows a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- In prior years, Independent Bank's Shares Outstanding (Entity) was 42.5 million in FY2024 (-0.9%), 42.87 million in FY2023 (-6.1%), 45.64 million in FY2022 (+30.9%) and 34.87 million in FY2021 (+5.8%).
- Quarterly Shares Outstanding (Entity) has run from a low of 33.04 million in Q3 2021 to a high of 49.79 million in Q3 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Entity) has increased in each of the last six quarters, with growth averaging 6.9% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Entity) in the past five years was Q1 2022, with growth of 43.5%; the weakest was Q1 2023, with a decline of 6.9%.
- According to Business Quant data, Shares Outstanding (Entity) for the three prior quarters was 48.57 million (Q1 2026), 49.24 million (Q4 2025) and 49.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 2.66 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 12.56 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 6.92 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 1.57 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 288.60 Mn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 3.00 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Independent Bank | 3.98 Bn | 3.90 Bn | - | 46.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 46.94 Mn |
| Jun 30, 2026 | 47.62 Mn |
| Mar 31, 2026 | 48.57 Mn |
| Dec 31, 2025 | 49.24 Mn |
| Sep 30, 2025 | 49.79 Mn |
| Jun 30, 2025 | 42.63 Mn |
| Mar 31, 2025 | 42.61 Mn |
| Dec 31, 2024 | 42.50 Mn |
| Sep 30, 2024 | 42.48 Mn |
| Jun 30, 2024 | 42.47 Mn |
| Mar 31, 2024 | 42.45 Mn |
| Dec 31, 2023 | 42.87 Mn |
| Sep 30, 2023 | 44.14 Mn |
| Jun 30, 2023 | 44.13 Mn |
| Mar 31, 2023 | 44.11 Mn |
| Dec 31, 2022 | 45.64 Mn |
| Sep 30, 2022 | 45.63 Mn |
| Jun 30, 2022 | 46.07 Mn |
| Mar 31, 2022 | 47.38 Mn |
| Dec 31, 2021 | 34.87 Mn |
API Access
Independent Bank Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=INDB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=INDB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();