Financial insights of INDB

MyFinsight

For the quarter ending 2025-09-30, INDB made $587,396K in revenue. $34,262K in net income. Net profit margin of 5.83%.

Income Overview

Revenue
$587,396K
Net Income
$34,262K
Net Profit Margin
5.83%
EPS
$0.69
Unit: Thousand (K) dollars
Revenue Breakdown
Interest and fees on loans
Salaries and employee benefits
Interest on deposits
Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30
Interest and fees on loans	263,772	197,778
Interest income, securities, operating, taxable	23,303	15,879
Non-taxable interest and dividends on securities	208	2
Interest on loans held for sale	225	140
Interest on federal funds sold and short-term investments	7,245	4,393
Total interest and dividend income	294,753	218,192
Interest on deposits	80,739	59,843
Interest on borrowings	10,670	10,853
Interest expense, operating, total	91,409	70,696
Net interest income	203,344	147,496
Provision for loan and lease losses	38,519	7,200
Net interest income after provision for credit losses	164,825	140,296
Deposit account fees	8,847	7,141
Interchange and atm fees	5,989	4,997
Investment banking, advisory, brokerage, and underwriting fees and commissions	13,652	11,380
Mortgage banking income	1,444	1,072
Bank owned life insurance income	2,629	2,038
Gain realized on life insurance policies	0	1,650
Loan level derivative income	1,224	66
Other non-interest income	6,613	5,964
Total non-interest income	40,398	34,308
Salaries and employee benefits	81,132	62,856
Occupancy and equipment expenses	14,975	13,158
Advertising expense	-	1,797
Data processing& facilities management	2,788	2,783
Software maintenance	6,854	5,166
Fdic assessment	3,080	2,373
Amortization of intangible assets	7,315	1,197
Professional fees	-	1,018
Business combination, acquisition-related cost, expense	23,893	2,239
Debit card expense	-	1,984
Other non-interest expenses	20,799	14,227
Total non-interest expenses	160,836	108,798
Income before income taxes	44,387	65,806
Current federal, state and local, tax expense (benefit)	10,125	14,705
Net income	34,262	51,101

Basic earnings per share (in dollars per share)	0.69	-
Diluted earnings per share (in dollars per share)	0.69	-
Weighted average common shares (basic) (in shares)	49,934,574	-
Weighted average common shares (diluted) (in shares)	49,957,007	-

MyFinsight

Income Overview

Revenue
$587,396K
Net Income
$34,262K
Net Profit Margin
5.83%
EPS
$0.69
Unit: Thousand (K) dollars
Revenue Breakdown
Interest and fees on loans
Salaries and employee benefits
Interest on deposits
Others

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue
$587,396K
Net Income
$34,262K
Net Profit Margin
5.83%
EPS
$0.69
Unit: Thousand (K) dollars
Revenue Breakdown
Interest and fees on loans
Salaries and employee benefits
Interest on deposits
Others

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue$587,396KNet Income$34,262KNet Profit Margin5.83%EPS$0.69Unit: Thousand (K) dollarsRevenue BreakdownInterest and fees on loansSalaries and employee benefitsInterest on depositsOthers

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Revenue$587,396KNet Income$34,262KNet Profit Margin5.83%EPS$0.69Unit: Thousand (K) dollarsRevenue BreakdownInterest and fees on loansSalaries and employee benefitsInterest on depositsOthers

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Revenue
$587,396K
Net Income
$34,262K
Net Profit Margin
5.83%
EPS
$0.69
Unit: Thousand (K) dollars
Revenue Breakdown
Interest and fees on loans
Salaries and employee benefits
Interest on deposits
Others

Revenue
$587,396K
Net Income
$34,262K
Net Profit Margin
5.83%
EPS
$0.69
Unit: Thousand (K) dollars
Revenue Breakdown
Interest and fees on loans
Salaries and employee benefits
Interest on deposits
Others