MyFinsight

HomeAboutContact
Curious boy with magnifying glass
A worm made of letters APL
A worm made of letters BOA

MyFinsight

Making company financials insightful for everyone

Quick Links

  • About
  • Contact

Follow Us

  • X.com
  • Thread
  • Instagram

© 2024 MyFinsight. All rights reserved.

INDEPENDENT BANK CORP (INDB)

For the quarter ending 2025-06-30, INDB made $252,500K in revenue. $51,101K in net income. Net profit margin of 20.24%.

Overview

Revenue
$252,500K
Net Income
$51,101K
Net Profit Margin
20.24%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Interest and fees on loans
    • Interest income, securities, ope...
    • Investment banking, advisory, br...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
Other noninterest income5,964
Investment banking, advisory, brokerage, and underwriting fees and commissions11,380
Loan level derivative income66
Bank owned life insurance income2,038
Deposit account fees7,141
Interchange and atm fees4,997
Gain realized on life insurance policies1,650
Mortgage banking income1,072
Total noninterest income34,308
Professional fees1,018
Other noninterest expenses14,227
Occupancy and equipment expenses13,158
Salaries and employee benefits62,856
Data processing& facilities management2,783
Fdic assessment2,373
Business combination, acquisition-related cost, expense2,239
Amortization of intangible assets1,197
Advertising expense1,797
Software maintenance5,166
Debit card expense1,984
Total noninterest expenses108,798
Provision for loan and lease losses7,200
Interest on deposits59,843
Interest on borrowings10,853
Interest expense, operating, total70,696
Interest income, securities, operating, taxable15,879
Interest on federal funds sold and short-term investments4,393
Interest and fees on loans197,778
Interest on loans held for sale140
Nontaxable interest and dividends on securities2
Total interest and dividend income218,192
Net interest income147,496
Net interest income after provision for credit losses140,296
Income before income taxes65,806
Current federal, state and local, tax expense (benefit)14,705
Net income51,101
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Nontaxable interest anddividends on securities$2K Interest on loans held forsale$140K Interest and fees on loans$197,778K Interest on federal fundssold and short-term...$4,393K Interest income,securities, operating,...$15,879K Total interest anddividend income$218,192K Net interest income$147,496K Mortgage banking income$1,072K Gain realized on lifeinsurance policies$1,650K Interchange and atm fees$4,997K Deposit account fees$7,141K Bank owned lifeinsurance income$2,038K Loan levelderivative income$66K Investment banking,advisory, brokerage, and...$11,380K Other noninterestincome$5,964K Interest expense,operating, total$70,696K Net interest incomeafter provision for...$140,296K Total noninterestincome$34,308K Provision for loan andlease losses$7,200K Interest on borrowings$10,853K Interest on deposits$59,843K Income before incometaxes$65,806K Total noninterestexpenses$108,798K Net income$51,101K Current federal, stateand local, tax...$14,705K Debit card expense$1,984K Software maintenance$5,166K Advertising expense$1,797K Amortization of intangibleassets$1,197K Business combination,acquisition-related cost, expense$2,239K Fdic assessment$2,373K Data processing&facilities management$2,783K Salaries and employeebenefits$62,856K Occupancy and equipmentexpenses$13,158K Other noninterestexpenses$14,227K Professional fees$1,018K