Independent Bank Corp. (INDB)

USD 54.63

(-0.49%)

Net Income Summary of Independent Bank Corp.

  • Independent Bank Corp.'s latest annual net income in 2023 was 239.5 Million USD , down -9.22% from previous year.
  • Independent Bank Corp.'s latest quarterly net income in 2024 Q2 was 51.33 Million USD , up 7.45% from previous quarter.
  • Independent Bank Corp. reported an annual net income of 263.81 Million USD in 2022, up 118.04% from previous year.
  • Independent Bank Corp. reported an annual net income of 120.99 Million USD in 2021, down -0.14% from previous year.
  • Independent Bank Corp. reported a quarterly net income of 47.77 Million USD for 2024 Q1, down -12.83% from previous quarter.
  • Independent Bank Corp. reported a quarterly net income of 42.94 Million USD for 2024 Q3, down -16.33% from previous quarter.

Annual Net Income Chart of Independent Bank Corp. (2023 - 1989)

Historical Annual Net Income of Independent Bank Corp. (2023 - 1989)

Year Net Income Net Income Growth
2023 239.5 Million USD -9.22%
2022 263.81 Million USD 118.04%
2021 120.99 Million USD -0.14%
2020 121.16 Million USD -26.64%
2019 165.17 Million USD 35.81%
2018 121.62 Million USD 39.47%
2017 87.2 Million USD 13.77%
2016 76.64 Million USD 17.99%
2015 64.96 Million USD 8.55%
2014 59.84 Million USD 19.09%
2013 50.25 Million USD 17.89%
2012 42.62 Million USD -6.18%
2011 45.43 Million USD 12.91%
2010 40.24 Million USD 75.04%
2009 22.98 Million USD -4.07%
2008 23.96 Million USD -15.56%
2007 28.38 Million USD -13.61%
2006 32.85 Million USD -1.07%
2005 33.2 Million USD 7.92%
2004 30.76 Million USD 16.4%
2003 26.43 Million USD 5.45%
2002 25.06 Million USD 13.67%
2001 22.05 Million USD 45.17%
2000 15.19 Million USD -10.81%
1999 17.03 Million USD 5.78%
1998 16.1 Million USD 13.38%
1997 14.2 Million USD 22.41%
1996 11.6 Million USD 11.54%
1995 10.4 Million USD 28.4%
1994 8.1 Million USD 76.09%
1993 4.6 Million USD 2200.0%
1992 200 Thousand USD 101.68%
1991 -11.9 Million USD 33.52%
1990 -17.9 Million USD -403.39%
1989 5.9 Million USD -33.71%

Peer Net Income Comparison of Independent Bank Corp.

Name Net Income Net Income Difference
Heritage Financial Corporation 61.75 Million USD -287.826%
LCNB Corp. 12.62 Million USD -1796.595%
Medallion Bank 79.85 Million USD -199.932%
MidWestOne Financial Group, Inc. 20.85 Million USD -1048.195%
Amerant Bancorp Inc. 32.49 Million USD -637.156%
Northrim BanCorp, Inc. 25.39 Million USD -843.144%
Northwest Bancshares, Inc. 134.95 Million USD -77.465%
Old National Bancorp 581.99 Million USD 58.848%
OP Bancorp 23.91 Million USD -901.346%
Pioneer Bancorp, Inc. 15.26 Million USD -1469.476%
Peoples Bancorp Inc. 113.36 Million USD -111.27%
Peoples Financial Services Corp. 27.38 Million USD -774.733%
Pinnacle Financial Partners, Inc. 562.15 Million USD 57.396%
Republic Bancorp, Inc. 90.37 Million USD -165.012%
Richmond Mutual Bancorporation, Inc. 9.48 Million USD -2424.572%
Red River Bancshares, Inc. 34.87 Million USD -586.665%
BayCom Corp 27.42 Million USD -773.298%
Riverview Bancorp, Inc. 3.79 Million USD -6204.343%
Burke & Herbert Bank & Trust Company 22.69 Million USD -955.447%
Shore Bancshares, Inc. 11.22 Million USD -2033.078%
Southern Missouri Bancorp, Inc. 50.18 Million USD -377.267%
Brookline Bancorp, Inc. 74.99 Million USD -219.34%
Territorial Bancorp Inc. 5.02 Million USD -4664.313%
Texas Capital Bancshares, Inc. 189.14 Million USD -26.626%
Capital Bancorp, Inc. 35.87 Million USD -567.676%
William Penn Bancorporation 168 Thousand USD -142460.714%
WesBanco, Inc. 159.03 Million USD -50.6%
Waterstone Financial, Inc. 9.37 Million USD -2454.688%
Wintrust Financial Corporation 622.62 Million USD 61.534%
Zions Bancorporation, National Association 642 Million USD 62.694%
The First Bancshares, Inc. 75.45 Million USD -217.402%
First Community Corporation 11.84 Million USD -1922.309%
First Guaranty Bancshares, Inc. 9.21 Million USD -2497.917%
First Interstate BancSystem, Inc. 257.5 Million USD 6.99%
FinWise Bancorp 17.46 Million USD -1271.718%
Fifth Third Bancorp 2.34 Billion USD 89.804%
Farmers & Merchants Bancorp, Inc. 22.78 Million USD -951.047%
First United Corporation 15.06 Million USD -1490.319%
Hope Bancorp, Inc. 133.67 Million USD -79.17%
MainStreet Bancshares, Inc. 26.58 Million USD -800.891%
Landmark Bancorp, Inc. 12.23 Million USD -1857.355%
Flushing Financial Corporation 28.66 Million USD -735.55%
Pinnacle Financial Partners, Inc. 562.15 Million USD 57.396%
FS Bancorp, Inc. 36.05 Million USD -564.305%
Renasant Corporation 144.67 Million USD -65.541%
TFS Financial Corporation 79.58 Million USD -200.927%
First Financial Corporation 60.67 Million USD -294.749%
United Security Bancshares 19.79 Million USD -1109.85%
USCB Financial Holdings, Inc. 16.54 Million USD -1347.579%
Valley National Bancorp 498.51 Million USD 51.957%
WSFS Financial Corporation 269.15 Million USD 11.017%
Auburn National Bancorporation, Inc. 1.39 Million USD -17068.602%
Merchants Bancorp 279.23 Million USD 14.229%
Cullman Bancorp, Inc. 3.95 Million USD -5958.74%
Columbia Banking System, Inc. 348.71 Million USD 31.319%
Fidelity D & D Bancorp, Inc. 18.21 Million USD -1215.222%
First Guaranty Bancshares, Inc. 9.21 Million USD -2497.917%
Merchants Bancorp 279.23 Million USD 14.229%
Mid Penn Bancorp, Inc. 37.39 Million USD -540.431%
NBT Bancorp Inc. 118.78 Million USD -101.632%
Southern California Bancorp 25.91 Million USD -824.361%
Civista Bancshares, Inc. 42.96 Million USD -457.448%
Simmons First National Corporation 175.05 Million USD -36.814%
HomeStreet, Inc. -27.5 Million USD 970.663%
MVB Financial Corp. 19.43 Million USD -1132.513%
CrossFirst Bankshares, Inc. 66.66 Million USD -259.24%
First Mid Bancshares, Inc. 68.93 Million USD -247.432%
Veritex Holdings, Inc. 108.26 Million USD -121.226%
Kearny Financial Corp. -86.66 Million USD 376.347%
HarborOne Bancorp, Inc. 16.07 Million USD -1389.718%
NB Bancorp, Inc. Common Stock 9.82 Million USD -2337.679%
OptimumBank Holdings, Inc. 6.28 Million USD -3711.905%
Univest Financial Corporation 71.1 Million USD -236.833%
Bank OZK 690.78 Million USD 65.329%
OceanFirst Financial Corp. 104.02 Million USD -130.226%
The Bank of Princeton 25.76 Million USD -829.563%
Provident Bancorp, Inc. 10.95 Million USD -2086.434%
Mercantile Bank Corporation 82.21 Million USD -191.305%
Premier Financial Corp. 104.55 Million USD -129.075%
Citizens Financial Services, Inc. 17.81 Million USD -1244.686%
Oconee Federal Financial Corp. 6.25 Million USD -3732.032%
First Financial Northwest, Inc. 6.3 Million USD -3698.604%
ESSA Bancorp, Inc. 16.99 Million USD -1309.499%
First Western Financial, Inc. 5.22 Million USD -4483.77%
Triumph Financial, Inc. 41.08 Million USD -482.999%
QCR Holdings, Inc. 113.55 Million USD -110.907%
ChoiceOne Financial Services, Inc. 21.26 Million USD -1026.485%
Blue Foundry Bancorp -7.39 Million USD 3337.826%
Huntington Bancshares Incorporated 1.95 Billion USD 87.724%
First Bank 20.89 Million USD -1046.107%
Five Star Bancorp 47.73 Million USD -401.743%
Financial Institutions, Inc. 50.26 Million USD -376.488%
CF Bankshares Inc. 16.93 Million USD -1314.076%
United Bankshares, Inc. 366.31 Million USD 34.618%
Capital City Bank Group, Inc. 52.25 Million USD -358.307%
RBB Bancorp 42.46 Million USD -463.999%
Southern States Bancshares, Inc. 31.95 Million USD -649.568%
Northeast Bank 58.23 Million USD -311.296%
Hawthorn Bancshares, Inc. 956 Thousand USD -24952.51%
SmartFinancial, Inc. 28.59 Million USD -737.625%
AmeriServ Financial, Inc. -3.34 Million USD 7257.86%
FFBW, Inc. 1.5 Million USD -15771.571%
Sandy Spring Bancorp, Inc. 122.84 Million USD -94.964%
Citizens & Northern Corporation 24.14 Million USD -891.809%
Preferred Bank 150.04 Million USD -59.625%
Primis Financial Corp. -7.83 Million USD 3157.993%
Union Bankshares, Inc. 11.25 Million USD -2027.583%
CNB Financial Corporation 58.02 Million USD -312.792%
Sound Financial Bancorp, Inc. 7.43 Million USD -3119.546%
Fulton Financial Corporation 284.28 Million USD 15.751%
Generations Bancorp NY, Inc. -1.56 Million USD 15384.11%
Ames National Corporation 10.81 Million USD -2114.126%
United Bancorp, Inc. 8.95 Million USD -2576.0%
SB Financial Group, Inc. 12.09 Million USD -1880.174%
Wintrust Financial Corporation 622.62 Million USD 61.534%
Hanmi Financial Corporation 80.04 Million USD -199.224%
Commerce Bancshares, Inc. 477.06 Million USD 49.796%
BOK Financial Corporation 530.74 Million USD 54.874%
Southern First Bancshares, Inc. 13.42 Million USD -1683.867%
Middlefield Banc Corp. 17.36 Million USD -1278.984%
Eagle Bancorp Montana, Inc. 10.05 Million USD -2281.683%
Coastal Financial Corporation 44.57 Million USD -437.253%
Glen Burnie Bancorp 1.42 Million USD -16660.112%
Northfield Bancorp, Inc. (Staten Island, NY) 37.66 Million USD -535.807%
CNB Financial Corporation 58.02 Million USD -312.792%
Investar Holding Corporation 16.67 Million USD -1336.035%
West Bancorporation, Inc. 24.13 Million USD -892.261%
Plumas Bancorp 29.77 Million USD -704.346%
Eagle Bancorp, Inc. 100.53 Million USD -138.23%
SR Bancorp, Inc. Common stock -10.86 Million USD 2305.359%
Columbia Financial, Inc. 36.08 Million USD -563.698%
First Community Bankshares, Inc. 48.02 Million USD -398.755%
Pathfinder Bancorp, Inc. 9.29 Million USD -2477.23%
Popular, Inc. 541.34 Million USD 55.758%
TowneBank 153.71 Million USD -55.809%
Arrow Financial Corporation 30.07 Million USD -696.349%
Colony Bankcorp, Inc. 21.74 Million USD -1001.311%
Trustmark Corporation 165.48 Million USD -44.724%
Wintrust Financial Corporation 622.62 Million USD 61.534%
Finward Bancorp 8.38 Million USD -2758.019%
Provident Financial Holdings, Inc. 7.35 Million USD -3158.087%
Eastern Bankshares, Inc. 232.17 Million USD -3.155%
Esquire Financial Holdings, Inc. 41.01 Million USD -483.995%
Bank First Corporation 74.51 Million USD -221.419%
Peapack-Gladstone Financial Corporation 48.85 Million USD -390.24%
Camden National Corporation 43.38 Million USD -452.064%
Stock Yards Bancorp, Inc. 107.74 Million USD -122.28%
BCB Bancorp, Inc. 29.48 Million USD -712.339%
Oak Valley Bancorp 30.84 Million USD -676.394%
Summit State Bank 10.82 Million USD -2113.103%
MainStreet Bancshares, Inc. 26.58 Million USD -800.891%
C&F Financial Corporation 23.6 Million USD -914.667%
Valley National Bancorp 498.51 Million USD 51.957%
SHF Holdings, Inc. -17.27 Million USD 1486.019%
Bridgewater Bancshares, Inc. 39.96 Million USD -499.354%
Westamerica Bancorporation 161.76 Million USD -48.053%
Chemung Financial Corporation 25 Million USD -858.008%
Hancock Whitney Corporation 392.6 Million USD 38.996%
Fifth Third Bancorp 2.34 Billion USD 89.804%
Sierra Bancorp 34.84 Million USD -587.355%
ACNB Corporation 31.68 Million USD -655.813%
City Holding Company 114.36 Million USD -109.419%
Rhinebeck Bancorp, Inc. 4.39 Million USD -5349.42%
Enterprise Financial Services Corp 194.05 Million USD -23.417%
PB Bankshares, Inc. 1.91 Million USD -12380.563%
Ponce Financial Group, Inc. 3.35 Million USD -7045.048%
Guaranty Bancshares, Inc. 30.03 Million USD -697.357%
Broadway Financial Corporation 4.51 Million USD -5205.76%
Lake Shore Bancorp, Inc. 4.82 Million USD -4868.921%
Affinity Bancshares, Inc. 6.44 Million USD -3614.361%
Business First Bancshares, Inc. 71.04 Million USD -237.123%
Amalgamated Financial Corp. 87.97 Million USD -172.229%
German American Bancorp, Inc. 85.88 Million USD -178.854%
Citizens Community Bancorp, Inc. 13.05 Million USD -1734.0%
Meridian Corporation 13.24 Million USD -1708.518%
Capitol Federal Financial, Inc. 38.01 Million USD -530.103%
Old Second Bancorp, Inc. 91.72 Million USD -161.097%
First National Corporation 9.62 Million USD -2388.591%
Huntington Bancshares Incorporated 1.95 Billion USD 87.724%
Western New England Bancorp, Inc. 15.06 Million USD -1489.474%
Hingham Institution for Savings 26.37 Million USD -808.202%
CFSB Bancorp, Inc. 33 Thousand USD -725663.636%
Old National Bancorp 581.99 Million USD 58.848%
Bank7 Corp. 28.27 Million USD -747.045%
Carver Bancorp, Inc. -2.97 Million USD 8145.079%
Fifth Third Bancorp 2.34 Billion USD 89.804%
Bank OZK 690.78 Million USD 65.329%
Hanover Bancorp, Inc. 15.16 Million USD -1479.412%
OceanFirst Financial Corp. 104.02 Million USD -130.226%
Fulton Financial Corporation 284.28 Million USD 15.751%
Equity Bancshares, Inc. 7.82 Million USD -2962.294%
Ameris Bancorp 269.1 Million USD 11.001%
Pathward Financial, Inc. 166.81 Million USD -43.572%
Independent Bank Group, Inc. 43.2 Million USD -454.39%
Bank of Marin Bancorp 19.89 Million USD -1103.83%
Carter Bankshares, Inc. 23.38 Million USD -924.213%
First Citizens BancShares, Inc. 11.46 Billion USD 97.911%
1st Source Corporation 124.92 Million USD -91.714%
BancFirst Corporation 212.46 Million USD -12.725%
Huntington Bancshares Incorporated 1.95 Billion USD 87.724%
South Plains Financial, Inc. 62.74 Million USD -281.707%
Old National Bancorp 581.99 Million USD 58.848%
Independent Bank Corporation 59.06 Million USD -305.475%
S&T Bancorp, Inc. 144.78 Million USD -65.424%
PCB Bancorp 30.7 Million USD -680.01%
Parke Bancorp, Inc. 28.46 Million USD -741.48%
Bogota Financial Corp. 642.53 Thousand USD -37174.545%
Pacific Premier Bancorp, Inc. 30.85 Million USD -676.293%
Catalyst Bancorp, Inc. 602 Thousand USD -39684.385%
SHF Holdings, Inc. -17.27 Million USD 1486.019%
BayFirst Financial Corp. 5.7 Million USD -4100.316%
Patriot National Bancorp, Inc. -4.17 Million USD 5831.084%
MetroCity Bankshares, Inc. 51.61 Million USD -364.034%
First Capital, Inc. 12.79 Million USD -1772.572%
Peoples Bancorp of North Carolina, Inc. 15.54 Million USD -1440.602%
Mid-Southern Bancorp, Inc. 1.45 Million USD -16349.313%
Texas Capital Bancshares, Inc. 189.14 Million USD -26.626%
Orrstown Financial Services, Inc. 35.66 Million USD -571.57%
First Hawaiian, Inc. 234.98 Million USD -1.923%
First Merchants Corporation 223.78 Million USD -7.023%
Signature Bank 1.33 Billion USD 82.087%
Enterprise Bancorp, Inc. 38.05 Million USD -529.308%
TriCo Bancshares 117.39 Million USD -104.022%
First Business Financial Services, Inc. 37.02 Million USD -546.831%
Zions Bancorporation, National Association 642 Million USD 62.694%
Midland States Bancorp, Inc. 75.46 Million USD -217.389%
First Financial Bankshares, Inc. 198.97 Million USD -20.367%
Merchants Bancorp 279.23 Million USD 14.229%
Tectonic Financial, Inc. 13.66 Million USD -1652.411%
First US Bancshares, Inc. 8.48 Million USD -2722.652%
The Bancorp, Inc. 192.29 Million USD -24.549%
Merchants Bancorp 279.23 Million USD 14.229%
Alerus Financial Corporation 11.69 Million USD -1947.726%
Old Point Financial Corporation 7.73 Million USD -2998.344%
ConnectOne Bancorp, Inc. 87 Million USD -175.28%
John Marshall Bancorp, Inc. 5.15 Million USD -4543.311%
First Bancorp 104.13 Million USD -130.001%
Community West Bancshares 25.53 Million USD -837.899%
The First Bancorp, Inc. 29.51 Million USD -711.376%
Farmers National Banc Corp. 49.93 Million USD -379.656%
First Internet Bancorp - Fixed- 8.41 Million USD -2745.456%
International Bancshares Corporation 411.76 Million USD 41.836%
Washington Federal, Inc. 200.04 Million USD -19.726%
Bridgewater Bancshares, Inc. 39.96 Million USD -499.354%
Bank of the James Financial Group, Inc. 8.7 Million USD -2651.631%
Valley National Bancorp 498.51 Million USD 51.957%
Lakeland Financial Corporation 93.76 Million USD -155.422%
The First of Long Island Corporation 26.23 Million USD -812.771%
CVB Financial Corp. 221.43 Million USD -8.159%
Orange County Bancorp, Inc. 29.47 Million USD -712.477%
Heritage Commerce Corp 64.44 Million USD -271.649%
First Financial Bancorp. 255.86 Million USD 6.394%
National Bankshares, Inc. 15.69 Million USD -1426.365%
Virginia National Bankshares Corporation 19.26 Million USD -1143.327%
TrustCo Bank Corp NY 58.64 Million USD -308.386%
First Busey Corporation 122.56 Million USD -95.408%
Dime Community Bancshares, Inc. 96.09 Million USD -149.237%
Triumph Financial, Inc. 41.08 Million USD -482.999%
Zions Bancorporation, National Association 642 Million USD 62.694%
Greene County Bancorp, Inc. 24.76 Million USD -866.943%
WesBanco, Inc. 159.03 Million USD -50.6%
Midland States Bancorp, Inc. 75.46 Million USD -217.389%
Huntington Bancshares Incorporated 1.95 Billion USD 87.724%
NSTS Bancorp, Inc. -3.95 Million USD 6152.616%
Dime Community Bancshares, Inc. 96.09 Million USD -149.237%
UMB Financial Corporation 350.02 Million USD 31.576%
1895 Bancorp of Wisconsin, Inc. -6.79 Million USD 3626.237%
Home Federal Bancorp, Inc. of Louisiana 3.59 Million USD -6565.795%
Timberland Bancorp, Inc. 24.28 Million USD -886.295%
Cathay General Bancorp 354.12 Million USD 32.368%
HomeTrust Bancshares, Inc. 49.64 Million USD -382.458%
CB Financial Services, Inc. 22.55 Million USD -962.093%
First Savings Financial Group, Inc. 13.59 Million USD -1662.081%
HBT Financial, Inc. 65.84 Million USD -263.753%
Kentucky First Federal Bancorp -1.72 Million USD 14016.444%
Fifth Third Bancorp 2.34 Billion USD 89.804%
FVCBankcorp, Inc. 3.82 Million USD -6166.405%
Magyar Bancorp, Inc. 7.78 Million USD -2977.245%
Heartland Financial USA, Inc. 79.92 Million USD -199.677%
First Merchants Corporation 223.78 Million USD -7.023%
Third Coast Bancshares, Inc. 33.4 Million USD -617.05%
ECB Bancorp, Inc. 4.45 Million USD -5274.82%
Republic First Bancorp, Inc. 25.17 Million USD -851.311%
Heartland Financial USA, Inc. 79.92 Million USD -199.677%
Unity Bancorp, Inc. 39.7 Million USD -503.173%
Franklin Financial Services Corporation 13.59 Million USD -1661.303%
SouthState Corporation 494.3 Million USD 51.548%
Bankwell Financial Group, Inc. 36.66 Million USD -553.253%
Banner Corporation 183.62 Million USD -30.431%
Hancock Whitney Corporation - 6 392.6 Million USD 38.996%
Washington Federal, Inc. 200.04 Million USD -19.726%
Sterling Bancorp, Inc. (Southfield, MI) 7.41 Million USD -3130.838%
Stellar Bancorp, Inc. 130.49 Million USD -83.531%
Atlantic Union Bankshares Corporation 201.81 Million USD -18.672%
Great Southern Bancorp, Inc. 67.8 Million USD -253.248%
ConnectOne Bancorp, Inc. 87 Million USD -175.28%
First Citizens BancShares, Inc. 11.46 Billion USD 97.911%
Norwood Financial Corp. 16.75 Million USD -1329.095%
First Citizens BancShares, Inc. 11.46 Billion USD 97.911%
Enterprise Financial Services Corp 194.05 Million USD -23.417%
First Foundation Inc. -199.06 Million USD 220.314%
Seacoast Banking Corporation of Florida 104.03 Million USD -130.217%
Northeast Community Bancorp, Inc. 46.27 Million USD -417.551%
Southside Bancshares, Inc. 86.69 Million USD -176.268%
BankFinancial Corporation 9.39 Million USD -2449.792%
United Bancshares, Inc. 8.6 Million USD -2682.965%
Penns Woods Bancorp, Inc. 16.6 Million USD -1342.088%
First Seacoast Bancorp -10.65 Million USD 2347.579%
Home Bancorp, Inc. 40.24 Million USD -495.184%
Texas Community Bancshares, Inc. -733 Thousand USD 32774.216%
Bank of South Carolina Corporation 5.49 Million USD -4259.642%
First Northwest Bancorp 2.28 Million USD -10376.903%
First Internet Bancorp 8.41 Million USD -2745.456%
Ohio Valley Banc Corp. 12.63 Million USD -1796.144%
TC Bancshares, Inc. 265.82 Thousand USD -89997.621%
HMN Financial, Inc. 6 Million USD -3888.376%
IF Bancorp, Inc. 1.79 Million USD -13280.0%
Horizon Bancorp, Inc. 27.98 Million USD -755.945%