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Independent Bank (INDB)
NASDAQ:INDB
US Market

Independent Bank (INDB) Income Statement

98 Followers

Independent Bank Income Statement

Last quarter (Q3 2023), Independent Bank's total revenue was $183.42M, a decrease of -2.88% from the same quarter last year. In Q3, Independent Bank's net income was $60.81M. See Independent Bank’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 745.26M$ 727.92M$ 489.20M$ 473.08M$ 506.97M$ 386.67M
Credit Losses Provision
$ 12.25M$ 6.50M$ 18.20M$ -52.50M$ -6.00M$ -4.78M
Non Interest Expense
$ 187.44M$ 373.66M$ -332.53M$ 263.58M$ 256.43M$ 214.80M
Incomefrom Associatesand Other Participating Interests
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Special Income Charges
$ -11.96M$ -57.63M$ -61.03M$ -4.16M$ -26.43M$ -11.17M
Pretax Income
$ 344.50M$ 347.75M$ 156.68M$ 152.84M$ 218.11M$ 155.93M
Tax Provision
$ 39.99M$ 83.94M$ 39.66M$ 31.67M$ 52.93M$ 34.30M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 544.86M$ 301.07M$ 120.99M$ 121.17M$ 165.18M$ 121.62M
Basic EPS
$ 5.85$ 5.69$ 3.47$ 3.64$ 5.03$ 4.41
Diluted EPS
$ 5.85$ 5.69$ 3.47$ 3.64$ 5.03$ 4.40
Basic Average Shares
$ 178.90M$ 46.37M$ 34.87M$ 33.26M$ 32.81M$ 27.59M
Diluted Average Shares
$ 45.69M$ 17.94K$ 16.48K$ 33.29M$ 32.86M$ 27.65M
Dividend Per Share
$ 2.20$ 2.08$ 1.92$ 1.84$ 1.76$ 1.52
Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
$ 1.69--$ 3.66$ 5.62$ 4.69
Rent Expense Supplemental
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Interest Income After Provision For Loan Loss
$ 599.28M$ 606.75M$ 365.15M$ 315.23M$ 387.13M$ 293.39M
Net Income From Continuing And Discontinued Operation
$ 261.74M$ 263.81M$ 120.99M$ 121.17M$ 165.18M$ 121.62M
Normalized Income
$ -214.61K$ 129.41M-$ 124.47M$ 185.19M$ 130.33M
Total Money Market Investments
$ 4.16M--$ 847.00K$ 2.21M$ 2.68M
Ebit
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Ebitda
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Currency in USD

Independent Bank Earnings and Revenue History

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