Independent Bank Corp. (INDB)

USD 53.71

(-3.03%)

Operating Income Summary of Independent Bank Corp.

  • Independent Bank Corp.'s latest annual operating income in 2023 was 315.13 Million USD , down -6.92% from previous year.
  • Independent Bank Corp.'s latest quarterly operating income in 2024 Q2 was 70.55 Million USD , up 7.75% from previous quarter.
  • Independent Bank Corp. reported an annual operating income of 338.54 Million USD in 2022, up 116.08% from previous year.
  • Independent Bank Corp. reported an annual operating income of 156.67 Million USD in 2021, up 2.51% from previous year.
  • Independent Bank Corp. reported a quarterly operating income of 65.47 Million USD for 2024 Q1, down -7.67% from previous quarter.
  • Independent Bank Corp. reported a quarterly operating income of -136.02 Million USD for 2024 Q3, down -21.6% from previous quarter.

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

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

Year Operating Income Operating Income Growth
2023 315.13 Million USD -6.92%
2022 338.54 Million USD 116.08%
2021 156.67 Million USD 2.51%
2020 152.83 Million USD -29.93%
2019 218.1 Million USD 20.19%
2018 181.46 Million USD 18.7%
2017 152.87 Million USD 16.82%
2016 130.86 Million USD 16.02%
2015 112.79 Million USD 8.29%
2014 104.16 Million USD 15.64%
2013 90.07 Million USD 11.63%
2012 80.69 Million USD -11.58%
2011 91.25 Million USD 0.03%
2010 91.23 Million USD 11.62%
2009 81.73 Million USD -8.62%
2008 89.44 Million USD -11.2%
2007 100.72 Million USD -10.58%
2006 112.64 Million USD 14.78%
2005 98.14 Million USD 20.89%
2004 81.18 Million USD 8.98%
2003 74.5 Million USD -4.67%
2002 78.15 Million USD -10.18%
2001 87.01 Million USD 12.97%
2000 77.02 Million USD 3.04%
1999 74.75 Million USD 1.71%
1998 73.5 Million USD 16.48%
1997 63.1 Million USD 25.7%
1996 50.2 Million USD 13.57%
1995 44.2 Million USD 20.44%
1994 36.7 Million USD 15.41%
1993 31.8 Million USD -1.85%
1992 32.4 Million USD -3.86%
1991 33.7 Million USD 288.27%
1990 -17.9 Million USD -403.39%
1989 5.9 Million USD -33.71%

Peer Operating Income Comparison of Independent Bank Corp.

Name Operating Income Operating Income Difference
Republic Bancorp, Inc. 140.29 Million USD -124.63%
LCNB Corp. 30.42 Million USD -935.841%
MainStreet Bancshares, Inc. - USD -Infinity%
William Penn Bancorporation - USD -Infinity%
WesBanco, Inc. 287.03 Million USD -9.791%
Capital Bancorp, Inc. 46.22 Million USD -581.739%
Richmond Mutual Bancorporation, Inc. 11 Million USD -2764.147%
Flushing Financial Corporation 69.27 Million USD -354.936%
Farmers & Merchants Bancorp, Inc. 28.35 Million USD -1011.427%
USCB Financial Holdings, Inc. 30.75 Million USD -924.526%
FS Bancorp, Inc. 68.23 Million USD -361.843%
Old National Bancorp 832.18 Million USD 62.132%
Cullman Bancorp, Inc. - USD -Infinity%
Auburn National Bancorporation, Inc. - USD -Infinity%
Merchants Bancorp 347.9 Million USD 9.42%
Amerant Bancorp Inc. - USD -Infinity%
BayCom Corp 38.15 Million USD -725.866%
Burke & Herbert Bank & Trust Company 27.93 Million USD -1028.178%
Brookline Bancorp, Inc. 135.38 Million USD -132.767%
Columbia Banking System, Inc. 642.85 Million USD 50.979%
The First Bancshares, Inc. - USD -Infinity%
First Community Corporation 15.04 Million USD -1995.306%
Fidelity D & D Bancorp, Inc. 27.42 Million USD -1048.95%
First Guaranty Bancshares, Inc. 39.19 Million USD -704.077%
First Guaranty Bancshares, Inc. 39.19 Million USD -704.077%
First Interstate BancSystem, Inc. 297.4 Million USD -5.963%
Fifth Third Bancorp 4.43 Billion USD 92.893%
First United Corporation 26.4 Million USD -1093.509%
Heritage Financial Corporation 72.91 Million USD -332.194%
Hope Bancorp, Inc. 197.65 Million USD -59.434%
Landmark Bancorp, Inc. 14.19 Million USD -2120.817%
Merchants Bancorp 347.9 Million USD 9.42%
Medallion Bank 132.45 Million USD -137.921%
MidWestOne Financial Group, Inc. 24.83 Million USD -1169.013%
Mid Penn Bancorp, Inc. 53.19 Million USD -492.469%
NBT Bancorp Inc. 163.43 Million USD -92.817%
Northrim BanCorp, Inc. 26.37 Million USD -1094.821%
Northwest Bancshares, Inc. 11.77 Million USD -2576.07%
OP Bancorp 37.34 Million USD -743.777%
Pioneer Bancorp, Inc. 20.24 Million USD -1456.909%
Peoples Bancorp Inc. 213.24 Million USD -47.78%
Peoples Financial Services Corp. - USD -Infinity%
Pinnacle Financial Partners, Inc. 895.91 Million USD 64.825%
Pinnacle Financial Partners, Inc. 895.91 Million USD 64.825%
Renasant Corporation 195.91 Million USD -60.849%
Riverview Bancorp, Inc. 4.6 Million USD -6749.25%
Shore Bancshares, Inc. - USD -Infinity%
Southern Missouri Bancorp, Inc. 63.2 Million USD -398.59%
Territorial Bancorp Inc. 6.83 Million USD -4509.244%
Texas Capital Bancshares, Inc. 246.59 Million USD -27.794%
TFS Financial Corporation 100.31 Million USD -214.151%
First Financial Corporation 72.49 Million USD -334.71%
FinWise Bancorp 23.81 Million USD -1223.37%
United Security Bancshares 28.4 Million USD -1009.47%
Valley National Bancorp 954.28 Million USD 66.977%
Waterstone Financial, Inc. 11.03 Million USD -2756.545%
WSFS Financial Corporation 365.04 Million USD 13.671%
Wintrust Financial Corporation 1.04 Billion USD 69.863%
Red River Bancshares, Inc. 52.24 Million USD -503.139%
Zions Bancorporation, National Association 1.02 Billion USD 69.285%
Southern California Bancorp 38.77 Million USD -712.725%
Civista Bancshares, Inc. - USD -Infinity%
Simmons First National Corporation 388.25 Million USD 18.833%
HomeStreet, Inc. -24.47 Million USD 1387.575%
MVB Financial Corp. 30.77 Million USD -923.86%
CrossFirst Bankshares, Inc. 84.1 Million USD -274.673%
First Mid Bancshares, Inc. 88.4 Million USD -256.466%
Veritex Holdings, Inc. 181.36 Million USD -73.755%
Kearny Financial Corp. - USD -Infinity%
HarborOne Bancorp, Inc. 26.78 Million USD -1076.488%
NB Bancorp, Inc. Common Stock 11.84 Million USD -2560.706%
OptimumBank Holdings, Inc. 9.38 Million USD -3258.921%
Univest Financial Corporation - USD -Infinity%
Bank OZK 1.01 Billion USD 69.051%
OceanFirst Financial Corp. 176.66 Million USD -78.377%
The Bank of Princeton 30.58 Million USD -930.49%
Provident Bancorp, Inc. - USD -Infinity%
Mercantile Bank Corporation 102.69 Million USD -206.852%
Premier Financial Corp. - USD -Infinity%
Citizens Financial Services, Inc. 30.78 Million USD -923.694%
Oconee Federal Financial Corp. 7.02 Million USD -4387.171%
First Financial Northwest, Inc. 7.85 Million USD -3910.359%
ESSA Bancorp, Inc. 20.96 Million USD -1403.358%
First Western Financial, Inc. 12.68 Million USD -2384.304%
Triumph Financial, Inc. 52.81 Million USD -496.675%
QCR Holdings, Inc. 148.47 Million USD -112.247%
ChoiceOne Financial Services, Inc. 25.56 Million USD -1132.581%
Blue Foundry Bancorp -2.11 Million USD 14978.848%
Huntington Bancshares Incorporated 2.38 Billion USD 86.781%
First Bank 35.2 Million USD -795.114%
Five Star Bancorp 76.08 Million USD -314.198%
Financial Institutions, Inc. 84.09 Million USD -274.736%
CF Bankshares Inc. - USD -Infinity%
United Bankshares, Inc. 436.23 Million USD 27.76%
Capital City Bank Group, Inc. -3.01 Million USD 10562.616%
RBB Bancorp 67.35 Million USD -367.905%
Southern States Bancshares, Inc. 51.92 Million USD -506.879%
Northeast Bank 89.37 Million USD -252.586%
Hawthorn Bancshares, Inc. 14.3 Million USD -2102.502%
SmartFinancial, Inc. 36.22 Million USD -769.911%
AmeriServ Financial, Inc. - USD -Infinity%
FFBW, Inc. 3.42 Million USD -9092.94%
Sandy Spring Bancorp, Inc. 164.13 Million USD -91.997%
Citizens & Northern Corporation 30.48 Million USD -933.802%
Preferred Bank 210.63 Million USD -49.614%
Primis Financial Corp. -10.11 Million USD 3216.436%
Union Bankshares, Inc. 22.21 Million USD -1318.372%
CNB Financial Corporation 71.82 Million USD -338.728%
Sound Financial Bancorp, Inc. 10.65 Million USD -2858.449%
Fulton Financial Corporation 446.51 Million USD 29.423%
Generations Bancorp NY, Inc. - USD -Infinity%
Ames National Corporation - USD -Infinity%
United Bancorp, Inc. - USD -Infinity%
SB Financial Group, Inc. 14.71 Million USD -2041.292%
Wintrust Financial Corporation 1.04 Billion USD 69.863%
Hanmi Financial Corporation 123.89 Million USD -154.36%
Commerce Bancshares, Inc. 619.72 Million USD 49.149%
BOK Financial Corporation 844.29 Million USD 62.675%
Southern First Bancshares, Inc. 17.42 Million USD -1708.309%
Middlefield Banc Corp. 21.22 Million USD -1384.52%
Eagle Bancorp Montana, Inc. 1.76 Million USD -17805.341%
Coastal Financial Corporation 57.13 Million USD -451.58%
Glen Burnie Bancorp - USD -Infinity%
Northfield Bancorp, Inc. (Staten Island, NY) 51.76 Million USD -508.837%
CNB Financial Corporation 71.82 Million USD -338.728%
Investar Holding Corporation 33.42 Million USD -842.837%
West Bancorporation, Inc. 37.35 Million USD -743.619%
Plumas Bancorp - USD -Infinity%
Eagle Bancorp, Inc. 131 Million USD -140.56%
SR Bancorp, Inc. Common stock - USD -Infinity%
Columbia Financial, Inc. - USD -Infinity%
First Community Bankshares, Inc. 5.65 Million USD -5476.606%
Pathfinder Bancorp, Inc. 11.78 Million USD -2574.253%
Popular, Inc. 792.32 Million USD 60.227%
TowneBank 283.84 Million USD -11.023%
Arrow Financial Corporation 2.43 Million USD -12831.227%
Colony Bankcorp, Inc. 38.67 Million USD -714.742%
Trustmark Corporation 374.96 Million USD 15.957%
Wintrust Financial Corporation 1.04 Billion USD 69.863%
Finward Bancorp 15.2 Million USD -1972.16%
Provident Financial Holdings, Inc. 10.38 Million USD -2933.927%
Eastern Bankshares, Inc. -71.26 Million USD 542.194%
Esquire Financial Holdings, Inc. 59.73 Million USD -427.553%
Bank First Corporation 55.64 Million USD -466.309%
Peapack-Gladstone Financial Corporation 93.4 Million USD -237.381%
Camden National Corporation 53.83 Million USD -485.359%
Stock Yards Bancorp, Inc. 166.36 Million USD -89.427%
BCB Bancorp, Inc. - USD -Infinity%
Oak Valley Bancorp 40.3 Million USD -681.854%
Summit State Bank - USD -Infinity%
MainStreet Bancshares, Inc. - USD -Infinity%
C&F Financial Corporation 29.16 Million USD -980.558%
Valley National Bancorp 954.28 Million USD 66.977%
SHF Holdings, Inc. -16.62 Million USD 1995.842%
Bridgewater Bancshares, Inc. 62.18 Million USD -406.777%
Westamerica Bancorporation 221.57 Million USD -42.222%
Chemung Financial Corporation 31.5 Million USD -900.394%
Hancock Whitney Corporation 604.35 Million USD 47.856%
Fifth Third Bancorp 4.43 Billion USD 92.893%
Sierra Bancorp 46.46 Million USD -578.233%
ACNB Corporation - USD -Infinity%
City Holding Company 178.48 Million USD -76.558%
Rhinebeck Bancorp, Inc. 13.46 Million USD -2240.567%
Enterprise Financial Services Corp 246.52 Million USD -27.83%
PB Bankshares, Inc. 2.51 Million USD -12425.199%
Ponce Financial Group, Inc. 4.37 Million USD -7108.005%
Guaranty Bancshares, Inc. 37.13 Million USD -748.526%
Broadway Financial Corporation 6.52 Million USD -4731.121%
Lake Shore Bancorp, Inc. 6.21 Million USD -4972.988%
Affinity Bancshares, Inc. 8.38 Million USD -3656.962%
Business First Bancshares, Inc. 86.48 Million USD -264.367%
Amalgamated Financial Corp. - USD -Infinity%
German American Bancorp, Inc. 109.31 Million USD -188.278%
Citizens Community Bancorp, Inc. 24.32 Million USD -1195.355%
Meridian Corporation 16.96 Million USD -1757.335%
Capitol Federal Financial, Inc. 54.1 Million USD -482.47%
Old Second Bancorp, Inc. 124.4 Million USD -153.307%
First National Corporation 11.75 Million USD -2580.167%
Huntington Bancshares Incorporated 2.38 Billion USD 86.781%
Western New England Bancorp, Inc. 19.58 Million USD -1508.894%
Hingham Institution for Savings 35.18 Million USD -795.623%
CFSB Bancorp, Inc. - USD -Infinity%
Old National Bancorp 832.18 Million USD 62.132%
Bank7 Corp. 37.22 Million USD -746.611%
Carver Bancorp, Inc. - USD -Infinity%
Fifth Third Bancorp 4.43 Billion USD 92.893%
Bank OZK 1.01 Billion USD 69.051%
Hanover Bancorp, Inc. 19.21 Million USD -1540.298%
OceanFirst Financial Corp. 176.66 Million USD -78.377%
Fulton Financial Corporation 446.51 Million USD 29.423%
Equity Bancshares, Inc. 8.82 Million USD -3471.733%
Ameris Bancorp - USD -Infinity%
Pathward Financial, Inc. 198.79 Million USD -58.525%
Independent Bank Group, Inc. - USD -Infinity%
Bank of Marin Bancorp - USD -Infinity%
Carter Bankshares, Inc. 28.72 Million USD -997.225%
First Citizens BancShares, Inc. 3.33 Billion USD 90.539%
1st Source Corporation - USD -Infinity%
BancFirst Corporation 269.94 Million USD -16.739%
Huntington Bancshares Incorporated 2.38 Billion USD 86.781%
South Plains Financial, Inc. 79.41 Million USD -296.809%
Old National Bancorp 832.18 Million USD 62.132%
Independent Bank Corporation 91.52 Million USD -244.315%
S&T Bancorp, Inc. 178.8 Million USD -76.245%
PCB Bancorp 43.26 Million USD -628.431%
Parke Bancorp, Inc. 54.3 Million USD -480.357%
Bogota Financial Corp. 480.37 Thousand USD -65501.256%
Pacific Premier Bancorp, Inc. 34.04 Million USD -825.748%
Catalyst Bancorp, Inc. 1.57 Million USD -19870.469%
SHF Holdings, Inc. -16.62 Million USD 1995.842%
BayFirst Financial Corp. 19.5 Million USD -1515.823%
Patriot National Bancorp, Inc. -4.27 Million USD 7462.946%
MetroCity Bankshares, Inc. 71.97 Million USD -337.856%
First Capital, Inc. - USD -Infinity%
Peoples Bancorp of North Carolina, Inc. 38.99 Million USD -708.057%
Mid-Southern Bancorp, Inc. 1.43 Million USD -21875.872%
Texas Capital Bancshares, Inc. 246.59 Million USD -27.794%
Orrstown Financial Services, Inc. 57.41 Million USD -448.918%
First Hawaiian, Inc. - USD -Infinity%
First Merchants Corporation 259.23 Million USD -21.564%
Signature Bank - USD -Infinity%
Enterprise Bancorp, Inc. 51.24 Million USD -514.956%
TriCo Bancshares 160.92 Million USD -95.823%
First Business Financial Services, Inc. - USD -Infinity%
Zions Bancorporation, National Association 1.02 Billion USD 69.285%
Midland States Bancorp, Inc. 107.57 Million USD -192.949%
First Financial Bankshares, Inc. - USD -Infinity%
Merchants Bancorp 347.9 Million USD 9.42%
Tectonic Financial, Inc. 19.05 Million USD -1553.726%
First US Bancshares, Inc. 17.99 Million USD -1651.134%
The Bancorp, Inc. 279.59 Million USD -12.712%
Merchants Bancorp 347.9 Million USD 9.42%
Alerus Financial Corporation - USD -Infinity%
Old Point Financial Corporation 533 Thousand USD -59024.578%
ConnectOne Bancorp, Inc. 116.95 Million USD -169.442%
John Marshall Bancorp, Inc. 16.08 Million USD -1859.423%
First Bancorp - USD -Infinity%
Community West Bancshares - USD -Infinity%
The First Bancorp, Inc. 34.04 Million USD -825.776%
Farmers National Banc Corp. 91.54 Million USD -244.251%
First Internet Bancorp - Fixed- 10.68 Million USD -2848.484%
International Bancshares Corporation 525.81 Million USD 40.067%
Washington Federal, Inc. 256.05 Million USD -23.072%
Bridgewater Bancshares, Inc. 62.18 Million USD -406.777%
Bank of the James Financial Group, Inc. 10.27 Million USD -2965.804%
Valley National Bancorp 954.28 Million USD 66.977%
Lakeland Financial Corporation 101.57 Million USD -210.248%
The First of Long Island Corporation 29.22 Million USD -978.192%
CVB Financial Corp. 353.19 Million USD 10.776%
Orange County Bancorp, Inc. 37.14 Million USD -748.297%
Heritage Commerce Corp 90.41 Million USD -248.526%
First Financial Bancorp. - USD -Infinity%
National Bankshares, Inc. 18.67 Million USD -1587.465%
Virginia National Bankshares Corporation 23.27 Million USD -1254.076%
TrustCo Bank Corp NY 94.46 Million USD -233.585%
First Busey Corporation - USD -Infinity%
Dime Community Bancshares, Inc. 174.1 Million USD -81.002%
Triumph Financial, Inc. 52.81 Million USD -496.675%
Zions Bancorporation, National Association 1.02 Billion USD 69.285%
Greene County Bancorp, Inc. - USD -Infinity%
WesBanco, Inc. 287.03 Million USD -9.791%
Midland States Bancorp, Inc. 107.57 Million USD -192.949%
Huntington Bancshares Incorporated 2.38 Billion USD 86.781%
NSTS Bancorp, Inc. -2.14 Million USD 14798.414%
Dime Community Bancshares, Inc. 174.1 Million USD -81.002%
UMB Financial Corporation - USD -Infinity%
1895 Bancorp of Wisconsin, Inc. -2.37 Million USD 13379.983%
Home Federal Bancorp, Inc. of Louisiana 4.06 Million USD -7644.753%
Timberland Bancorp, Inc. 30.39 Million USD -936.898%
Cathay General Bancorp 22.39 Million USD -1307.477%
HomeTrust Bancshares, Inc. - USD -Infinity%
CB Financial Services, Inc. 5.69 Million USD -5432.549%
First Savings Financial Group, Inc. 67.38 Million USD -367.669%
HBT Financial, Inc. 88.58 Million USD -255.758%
Kentucky First Federal Bancorp - USD -Infinity%
Fifth Third Bancorp 4.43 Billion USD 92.893%
FVCBankcorp, Inc. 4.82 Million USD -6428.568%
Magyar Bancorp, Inc. 11.1 Million USD -2739.045%
Heartland Financial USA, Inc. 135.3 Million USD -132.908%
First Merchants Corporation 259.23 Million USD -21.564%
Third Coast Bancshares, Inc. - USD -Infinity%
ECB Bancorp, Inc. 5.98 Million USD -5165.397%
Republic First Bancorp, Inc. 33.7 Million USD -835.06%
Heartland Financial USA, Inc. 135.3 Million USD -132.908%
Unity Bancorp, Inc. 52.99 Million USD -494.649%
Franklin Financial Services Corporation 16.24 Million USD -1839.525%
SouthState Corporation - USD -Infinity%
Bankwell Financial Group, Inc. 48.04 Million USD -555.942%
Banner Corporation 227.08 Million USD -38.772%
Hancock Whitney Corporation - 6 604.35 Million USD 47.856%
Washington Federal, Inc. 256.05 Million USD -23.072%
Sterling Bancorp, Inc. (Southfield, MI) 13.04 Million USD -2315.005%
Stellar Bancorp, Inc. 177.43 Million USD -77.601%
Atlantic Union Bankshares Corporation 233.1 Million USD -35.189%
Great Southern Bancorp, Inc. 85.34 Million USD -269.251%
ConnectOne Bancorp, Inc. 116.95 Million USD -169.442%
First Citizens BancShares, Inc. 3.33 Billion USD 90.539%
Norwood Financial Corp. 21.14 Million USD -1390.277%
First Citizens BancShares, Inc. 3.33 Billion USD 90.539%
Enterprise Financial Services Corp 246.52 Million USD -27.83%
First Foundation Inc. -191.86 Million USD 264.248%
Seacoast Banking Corporation of Florida 238.36 Million USD -32.204%
Northeast Community Bancorp, Inc. 74.6 Million USD -322.409%
Southside Bancshares, Inc. 101.12 Million USD -211.616%
BankFinancial Corporation 18.57 Million USD -1596.915%
United Bancshares, Inc. 40.87 Million USD -671.008%
Penns Woods Bancorp, Inc. - USD -Infinity%
First Seacoast Bancorp -5.24 Million USD 6103.696%
Home Bancorp, Inc. 50.17 Million USD -528.095%
Texas Community Bancshares, Inc. - USD -Infinity%
Bank of South Carolina Corporation 6.91 Million USD -4457.82%
First Northwest Bancorp 2.67 Million USD -11680.71%
First Internet Bancorp 10.68 Million USD -2848.484%
Ohio Valley Banc Corp. 21.82 Million USD -1343.781%
TC Bancshares, Inc. 411.89 Thousand USD -76407.59%
HMN Financial, Inc. 8.55 Million USD -3584.485%
IF Bancorp, Inc. 2.35 Million USD -13281.486%
Horizon Bancorp, Inc. 66.9 Million USD -371.01%