Current Net Margin
27.53%
Independent Bank Corp. currently has a net profit margin of 27.53%.
Financial Fundamentals
INDB • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2026-03-31 | 0.29 | 0.08 | 27.53% | ▲531 |
| 2025-12-31 | 0.34 | 0.08 | 22.22% | ▲1200 |
| 2025-09-30 | 0.34 | 0.03 | 10.22% | ▼1018 |
| 2025-06-30 | 0.25 | 0.05 | 20.40% | ▲208 |
| 2025-03-31 | 0.24 | 0.04 | 18.32% | ▼197 |
| 2024-12-31 | 0.25 | 0.05 | 20.29% | ▲308 |
| 2024-09-30 | 0.25 | 0.04 | 17.22% | ▼394 |
| 2024-06-30 | 0.24 | 0.05 | 21.16% | ▲88 |
| 2024-03-31 | 0.24 | 0.05 | 20.28% | ▼285 |
| 2023-12-31 | 0.24 | 0.05 | 23.13% | ▼284 |
| 2023-09-30 | 0.23 | 0.06 | 25.97% | ▼160 |
| 2023-06-30 | 0.23 | 0.06 | 27.57% | ▼119 |
| 2023-03-31 | 0.21 | 0.06 | 28.75% | ▼719 |
| 2022-12-31 | 0.21 | 0.08 | 35.95% | ▼69 |
| 2022-09-30 | 0.20 | 0.07 | 36.64% | ▲117 |
| 2022-06-30 | 0.17 | 0.06 | 35.47% | ▲332 |
| 2022-03-31 | 0.17 | 0.05 | 32.16% | ▲3105 |
| 2021-12-31 | 0.15 | 0.00 | 1.11% | ▼3276 |
| 2021-09-30 | 0.12 | 0.04 | 33.87% | ▲269 |
| 2021-06-30 | 0.12 | 0.04 | 31.18% | ▼254 |
| 2021-03-31 | 0.12 | 0.04 | 33.72% | ▲561 |
| 2020-12-31 | 0.12 | 0.03 | 28.11% | ▲32 |
| 2020-09-30 | 0.13 | 0.03 | 27.79% | ▲836 |
| 2020-06-30 | 0.13 | 0.02 | 19.43% | ▼83 |
| 2020-03-31 | 0.13 | 0.03 | 20.26% | ▼1299 |
| 2019-12-31 | 0.14 | 0.05 | 33.25% | ▼98 |
| 2019-09-30 | 0.15 | 0.05 | 34.23% | ▲1372 |
| 2019-06-30 | 0.15 | 0.03 | 20.51% | ▼1064 |
| 2019-03-31 | 0.11 | 0.04 | 31.15% | ▲403 |
| 2018-12-31 | 0.11 | 0.03 | 27.12% | ▼399 |
| 2018-09-30 | 0.11 | 0.03 | 31.11% | ▲31 |
| 2018-06-30 | 0.10 | 0.03 | 30.79% | ▲136 |
| 2018-03-31 | 0.09 | 0.03 | 29.44% | ▲642 |
| 2017-12-31 | 0.10 | 0.02 | 23.02% | ▼304 |
| 2017-09-30 | 0.09 | 0.02 | 26.05% | ▲286 |
| 2017-06-30 | 0.09 | 0.02 | 23.19% | ▼169 |
| 2017-03-31 | 0.08 | 0.02 | 24.88% | ▲471 |
| 2016-12-31 | 0.09 | 0.02 | 20.17% | ▼507 |
| 2016-09-30 | 0.08 | 0.02 | 25.23% | ▲24 |
| 2016-06-30 | 0.08 | 0.02 | 25.00% | ▲140 |
| 2016-03-31 | 0.08 | 0.02 | 23.60% | ▼162 |
| 2015-12-31 | 0.08 | 0.02 | 25.22% | ▲182 |
| 2015-09-30 | 0.08 | 0.02 | 23.40% | ▲106 |
| 2015-06-30 | 0.08 | 0.02 | 22.33% | ▲937 |
| 2015-03-31 | 0.07 | 0.01 | 12.96% | ▼871 |
| 2014-12-31 | 0.07 | 0.02 | 21.67% | ▼35 |
| 2014-09-30 | 0.07 | 0.02 | 22.02% | ▲96 |
| 2014-06-30 | 0.07 | 0.01 | 21.06% | ▲208 |
| 2014-03-31 | 0.07 | 0.01 | 18.98% | ▲369 |
| 2013-12-31 | 0.07 | 0.01 | 15.29% | ▼638 |
| 2013-09-30 | 0.07 | 0.01 | 21.67% | ▲254 |
| 2013-06-30 | 0.07 | 0.01 | 19.13% | ▲53 |
| 2013-03-31 | 0.07 | 0.01 | 18.60% | ▲403 |
| 2012-12-31 | 0.07 | 0.01 | 14.57% | ▼355 |
| 2012-09-30 | 0.06 | 0.01 | 18.12% | ▲397 |
| 2012-06-30 | 0.06 | 0.01 | 14.15% | ▼577 |
| 2012-03-31 | 0.06 | 0.01 | 19.92% | ▲211 |
| 2011-12-31 | 0.06 | 0.01 | 17.81% | ▼171 |
| 2011-09-30 | 0.06 | 0.01 | 19.52% | ▲186 |
| 2011-06-30 | 0.06 | 0.01 | 17.67% | ▼51 |
| 2011-03-31 | 0.06 | 0.01 | 18.18% | ▼47 |
| 2010-12-31 | 0.06 | 0.01 | 18.64% | ▲73 |
| 2010-09-30 | 0.06 | 0.01 | 17.91% | ▲501 |
| 2010-06-30 | 0.06 | 0.01 | 12.90% | ▼225 |
| 2010-03-31 | 0.06 | 0.01 | 15.15% | ▲37 |
| 2009-12-31 | 0.06 | 0.01 | 14.78% | ▲396 |
| 2009-09-30 | 0.06 | 0.01 | 10.82% | ▲983 |
| 2009-06-30 | 0.07 | 0.00 | 1.00% | ▼1086 |
| 2009-03-31 | 0.05 | 0.01 | 11.86% | ▲571 |
| 2008-12-31 | 0.05 | 0.00 | 6.15% | ▼1024 |
| 2008-09-30 | 0.05 | 0.01 | 16.38% | ▲524 |
| 2008-06-30 | 0.05 | 0.01 | 11.15% | ▼164 |
| 2008-03-31 | 0.05 | 0.01 | 12.79% | ▼310 |
| 2007-12-31 | 0.05 | 0.01 | 15.89% | ▼159 |
| 2007-09-30 | 0.05 | 0.01 | 17.47% | ▲548 |
| 2007-06-30 | 0.05 | 0.01 | 11.99% | ▼183 |
| 2007-03-31 | 0.05 | 0.01 | 13.83% | ▼273 |
| 2006-12-31 | 0.05 | 0.01 | 16.56% | ▼60 |
| 2006-09-30 | 0.05 | 0.01 | 17.16% | ▲4 |
| 2006-06-30 | 0.05 | 0.01 | 17.12% | ▲34 |
| 2006-03-31 | 0.05 | 0.01 | 16.77% | ▼122 |
| 2005-12-31 | 0.05 | 0.01 | 18.00% | ▼74 |
| 2005-09-30 | 0.05 | 0.01 | 18.74% | ▲101 |
| 2005-06-30 | 0.05 | 0.01 | 17.72% | ▼44 |
| 2005-03-31 | 0.04 | 0.01 | 18.17% | ▼252 |
| 2004-12-31 | 0.04 | 0.01 | 20.68% | ▲84 |
| 2004-09-30 | 0.04 | 0.01 | 19.84% | ▲269 |
| 2004-06-30 | 0.04 | 0.01 | 17.15% | ▼33 |
| 2004-03-31 | 0.04 | 0.01 | 17.48% | ▼200 |
| 2003-12-31 | 0.04 | 0.01 | 19.48% | ▲27 |
| 2003-09-30 | 0.04 | 0.01 | 19.21% | ▼316 |
| 2003-06-30 | 0.04 | 0.01 | 22.38% | ▲1611 |
| 2003-03-31 | 0.04 | 0.00 | 6.26% | ▼1088 |
| 2002-12-31 | 0.04 | 0.01 | 17.14% | ▲1 |
| 2002-09-30 | 0.04 | 0.01 | 17.13% | ▲798 |
| 2002-06-30 | 0.04 | 0.00 | 9.15% | ▼645 |
| 2002-03-31 | 0.04 | 0.01 | 15.60% | ▲69 |
| 2001-12-31 | 0.04 | 0.01 | 14.91% | ▲188 |
| 2001-09-30 | 0.04 | 0.01 | 13.03% | ▲102 |
| 2001-06-30 | 0.04 | 0.00 | 12.02% | ▼100 |
| 2001-03-31 | 0.04 | 0.01 | 13.02% | ▲84 |
| 2000-12-31 | 0.04 | 0.00 | 12.18% | ▲178 |
| 2000-09-30 | 0.04 | 0.00 | 10.40% | ▲382 |
| 2000-06-30 | 0.03 | 0.00 | 6.58% | ▼627 |
| 2000-03-31 | 0.03 | 0.00 | 12.85% | ▼140 |
| 1999-12-31 | 0.03 | 0.00 | 14.25% | ▲37 |
| 1999-09-30 | 0.03 | 0.00 | 13.88% | ▲90 |
| 1999-06-30 | 0.03 | 0.00 | 12.98% | ▲74 |
| 1999-03-31 | 0.03 | 0.00 | 12.25% | ▼213 |
| 1998-12-31 | 0.03 | 0.00 | 14.38% | ▲136 |
| 1998-09-30 | 0.03 | 0.00 | 13.02% | ▲2 |
| 1998-06-30 | 0.03 | 0.00 | 13.00% | ▲33 |
| 1998-03-31 | 0.03 | 0.00 | 12.67% | ▼64 |
| 1997-12-31 | 0.03 | 0.00 | 13.31% | ▲10 |
| 1997-09-30 | 0.03 | 0.00 | 13.21% | ▼90 |
| 1997-06-30 | 0.03 | 0.00 | 14.12% | ▲151 |
| 1997-03-31 | 0.02 | 0.00 | 12.61% | ▼131 |
| 1996-12-31 | 0.02 | 0.00 | 13.91% | ▲76 |
| 1996-09-30 | 0.02 | 0.00 | 13.16% | ▲71 |
| 1996-06-30 | 0.02 | 0.00 | 12.44% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.