Independent Bank Corp/MA financials
$78.16−1.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $331.7M | $330.5M | $339.0M | $335.2M | $252.5M | $244.5M | $248.5M | $250.1M | $244.2M | $238.0M | $239.2M | $236.5M |
| Gross profit | $253.3M | $252.7M | $253.9M | $243.7M | $181.8M | $178.0M | $176.9M | $175.3M | $170.3M | $167.4M | $177.2M | $183.4M |
| Gross margin | 76.4% | 76.5% | 74.9% | 72.7% | 72.0% | 72.8% | 71.2% | 70.1% | 69.7% | 70.3% | 74.1% | 77.6% |
| Operating income | $106.8M | $104.3M | $94.8M | $44.4M | $65.8M | $57.2M | $62.9M | $55.3M | $66.4M | $62.5M | $70.9M | $80.1M |
| Net income | $81.8M | $79.9M | $75.3M | $34.3M | $51.1M | $44.4M | $50.0M | $42.9M | $51.3M | $47.8M | $54.8M | $60.8M |
| Net margin | 24.7% | 24.2% | 22.2% | 10.2% | 20.2% | 18.2% | 20.1% | 17.2% | 21.0% | 20.1% | 22.9% | 25.7% |
| Diluted EPS | $1.70 | $1.63 | $1.52 | $0.69 | $1.20 | $1.04 | $1.18 | $1.01 | $1.21 | $1.12 | $1.26 | $1.38 |
| EBITDA | $106.8M | $107.3M | $124.1M | $68.3M | $68.0M | $58.3M | $70.7M | $55.3M | $66.4M | $62.5M | $77.8M | $80.1M |
| Operating cash flow | $73.4M | $117.2M | $78.9M | $52.2M | $106.7M | $13.3M | $42.9M | $70.2M | $65.6M | $51.1M | $53.5M | $81.3M |
| Free cash flow | $67.0M | $111.6M | $75.8M | $49.7M | $102.5M | $11.3M | $36.6M | $64.4M | $61.9M | $46.7M | $47.2M | $78.4M |
| Diluted shares | 48.1M | 49.0M | 49.6M | 50.0M | 42.6M | 42.6M | 42.5M | 42.5M | 42.5M | 42.6M | 43.4M | 44.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $252.0M | $223.3M | $229.8M | $203.4M | $219.4M | $214.6M |
| Short-term investments | $4.08B | $3.90B | $3.87B | $4.05B | $3.40B | $3.25B |
| Total debt | $576.5M | $676.3M | $775.9M | $775.4M | $759.4M | $859.9M |
| Total assets | $24.97B | $24.78B | $24.91B | $24.99B | $20.05B | $19.89B |
| Total liabilities | $21.46B | $21.24B | $21.35B | $21.45B | $16.97B | $16.85B |
| Shareholders' equity | $3.51B | $3.54B | $3.57B | $3.55B | $3.07B | $3.03B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology