Independent Bank (INDB) Tax Provisions (2010 - 2026)

Independent Bank's Tax Provisions history runs 17 years deep, the most recent figure standing at $24.4 million for Q1 2026.

• In Q1 2026, Tax Provisions rose 91.37% year-over-year to $24.4 million; the TTM figure through Mar 2026 stood at $68.7 million (up 29.45% YoY), while the FY2025 annual figure was $57.0 million, up 3.64% from the prior year.
• Tax Provisions was $24.4 million for Q1 2026 at Independent Bank, up from $19.5 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $24.4 million in Q1 2026 to a low of $10.1 million in Q3 2025.
• Historically, Tax Provisions has averaged $17.4 million across 5 years, with a median of $17.1 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Tax Provisions jumped 923.31% in 2022, then plunged 36.06% in 2024.
• A 5-year view of Tax Provisions shows it stood at $23.2 million in 2022, then tumbled by 30.67% to $16.1 million in 2023, then decreased by 19.96% to $12.9 million in 2024, then jumped by 51.01% to $19.5 million in 2025, then gained by 25.2% to $24.4 million in 2026.
• The last three Tax Provisions figures came in at $24.4 million (Q1 2026), $19.5 million (Q4 2025), and $10.1 million (Q3 2025), per Business Quant data.