Independent Bank Gross Margin 2012-2026 | INDB

Current and historical gross margin for Independent Bank (INDB) over the last 10 years. The current gross profit margin for Independent Bank as of June 30, 2026 is %.
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Independent Bank Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2026-06-30 $1.34B $1.00B 75.09%
2026-03-31 $1.26B $0.93B 74.17%
2025-12-31 $1.17B $0.86B 73.27%
2025-09-30 $1.08B $0.78B 72.25%
2025-06-30 $1.00B $0.71B 71.49%
2025-03-31 $0.99B $0.70B 70.92%
2024-12-31 $0.98B $0.69B 70.23%
2024-09-30 $0.97B $0.69B 70.96%
2024-06-30 $0.96B $0.70B 72.83%
2024-03-31 $0.94B $0.71B 75.37%
2023-12-31 $0.92B $0.73B 79.43%
2023-09-30 $0.90B $0.75B 84.15%
2023-06-30 $0.86B $0.76B 88.81%
2023-03-31 $0.81B $0.75B 93.42%
2022-12-31 $0.76B $0.73B 96.30%
2022-09-30 $0.70B $0.68B 97.70%
2022-06-30 $0.62B $0.61B 98.22%
2022-03-31 $0.56B $0.55B 97.87%
2021-12-31 $0.52B $0.51B 97.50%
2021-09-30 $0.49B $0.48B 96.94%
2021-06-30 $0.50B $0.48B 95.98%
2021-03-31 $0.50B $0.48B 95.04%
2020-12-31 $0.51B $0.48B 93.37%
2020-09-30 $0.54B $0.49B 91.98%
2020-06-30 $0.56B $0.51B 90.89%
2020-03-31 $0.58B $0.53B 90.05%
2019-12-31 $0.56B $0.51B 90.39%
2019-09-30 $0.53B $0.48B 91.06%
2019-06-30 $0.48B $0.44B 91.89%
2019-03-31 $0.43B $0.40B 93.27%
2018-12-31 $0.41B $0.39B 93.69%
2018-09-30 $0.40B $0.37B 93.94%
2018-06-30 $0.38B $0.36B 94.26%
2018-03-31 $0.37B $0.35B 94.35%
2017-12-31 $0.36B $0.34B 94.74%
2017-09-30 $0.35B $0.33B 94.87%
2017-06-30 $0.34B $0.32B 94.72%
2017-03-31 $0.33B $0.32B 94.89%
2016-12-31 $0.33B $0.31B 94.53%
2016-09-30 $0.32B $0.31B 94.14%
2016-06-30 $0.32B $0.30B 94.06%
2016-03-31 $0.32B $0.30B 93.69%
2015-12-31 $0.31B $0.29B 93.57%
2015-09-30 $0.30B $0.28B 93.42%
2015-06-30 $0.30B $0.28B 93.58%
2015-03-31 $0.29B $0.27B 93.40%
2014-12-31 $0.29B $0.27B 93.33%
2014-09-30 $0.28B $0.26B 92.91%
2014-06-30 $0.28B $0.26B 92.14%
2014-03-31 $0.28B $0.25B 91.70%
2013-12-31 $0.27B $0.25B 91.24%
2013-09-30 $0.27B $0.25B 91.18%
2013-06-30 $0.27B $0.24B 91.04%
2013-03-31 $0.26B $0.24B 91.25%
2012-12-31 $0.26B $0.24B 91.09%
2012-09-30 $0.25B $0.23B 90.51%
2012-06-30 $0.25B $0.22B 89.96%
2012-03-31 $0.25B $0.22B 89.16%
2011-12-31 $0.25B $0.22B 88.35%
2011-09-30 $0.25B $0.22B 88.00%
2011-06-30 $0.25B $0.22B 87.25%
2011-03-31 $0.25B $0.22B 86.00%
2010-12-31 $0.25B $0.21B 84.74%
2010-09-30 $0.25B $0.21B 83.06%
2010-06-30 $0.24B $0.20B 81.15%
2010-03-31 $0.25B $0.20B 79.84%
2009-12-31 $0.24B $0.19B 78.01%
2009-09-30 $0.23B $0.17B 75.33%
2009-06-30 $0.22B $0.17B 74.44%
2009-03-31 $0.21B $0.15B 72.73%
2008-12-31 $0.20B $0.15B 71.57%
2008-09-30 $0.20B $0.15B 71.08%
2008-06-30 $0.20B $0.14B 69.19%
2008-03-31 $0.19B $0.13B 67.01%
2007-12-31 $0.19B $0.13B 66.32%
2007-09-30 $0.19B $0.13B 65.28%
2007-06-30 $0.20B $0.13B 65.13%
2007-03-31 $0.20B $0.13B 66.15%
2006-12-31 $0.19B $0.13B 67.01%
2006-09-30 $0.19B $0.13B 68.91%
2006-06-30 $0.19B $0.13B 70.90%
2006-03-31 $0.19B $0.13B 72.04%
2005-12-31 $0.18B $0.13B 72.68%
2005-09-30 $0.18B $0.13B 74.30%
2005-06-30 $0.18B $0.13B 74.86%
2005-03-31 $0.17B $0.13B 75.15%
2004-12-31 $0.16B $0.13B 77.30%
2004-09-30 $0.16B $0.12B 77.71%
2004-06-30 $0.15B $0.12B 78.57%
2004-03-31 $0.16B $0.13B 80.13%
2003-12-31 $0.16B $0.12B 79.49%
2003-09-30 $0.16B $0.13B 79.11%
2003-06-30 $0.16B $0.13B 78.13%
2003-03-31 $0.16B $0.12B 76.88%
2002-12-31 $0.16B $0.12B 75.46%
2002-09-30 $0.17B $0.12B 73.94%
2002-06-30 $0.17B $0.12B 72.29%
2002-03-31 $0.17B $0.12B 69.88%
2001-12-31 $0.17B $0.11B 67.47%
2001-09-30 $0.16B $0.11B 64.81%
2001-06-30 $0.16B $0.10B 63.06%
2001-03-31 $0.15B $0.09B 62.00%
2000-12-31 $0.14B $0.09B 61.27%
2000-09-30 $0.14B $0.08B 60.29%
2000-06-30 $0.13B $0.08B 60.00%
2000-03-31 $0.13B $0.08B 59.06%
1999-12-31 $0.12B $0.07B 59.68%
1999-09-30 $0.12B $0.07B 59.84%
1999-06-30 $0.12B $0.07B 59.02%
1999-03-31 $0.12B $0.07B 59.50%
1998-12-31 $0.12B $0.07B 58.33%
1998-09-30 $0.12B $0.08B 68.91%
1998-06-30 $0.12B $0.08B 72.41%
1998-03-31 $0.11B $0.08B 75.68%
1997-12-31 $0.11B $0.08B 77.36%
1997-09-30 $0.10B $0.07B 69.00%
1997-06-30 $0.10B $0.07B 68.42%
1997-03-31 $0.09B $0.06B 67.39%
1996-12-31 $0.09B $0.06B 67.78%
1996-09-30 $0.09B $0.06B 69.32%
1996-06-30 $0.09B $0.06B 68.97%
1996-03-31 $0.09B $0.06B 69.77%
1995-12-31 $0.08B $0.06B 72.62%
1995-06-30 $0.06B $0.05B 81.67%
1995-03-31 $0.06B $0.05B 79.66%
1994-09-30 $0.08B $0.06B 72.73%
1994-06-30 $0.08B $0.05B 63.64%
1994-03-31 $0.08B $0.05B 63.16%
1993-12-31 $0.08B $0.05B 62.67%
1993-09-30 $0.08B $0.05B 64.10%
1993-06-30 $0.08B $0.05B 63.29%
1993-03-31 $0.08B $0.05B 62.96%
1992-12-31 $0.08B $0.05B 61.45%
1992-09-30 $0.06B $0.04B 61.40%
1992-06-30 $0.07B $0.04B 62.32%
1992-03-31 $0.10B $0.05B 54.08%
1991-12-31 $0.10B $0.05B 51.46%
1991-09-30 $0.13B $0.07B 49.25%
1991-06-30 $0.13B $0.06B 44.62%
1991-03-31 $0.11B $0.05B 44.44%
1990-12-31 $0.11B $0.05B 44.64%
1990-09-30 $0.09B $0.04B 43.68%
1990-06-30 $0.09B $0.04B 44.32%
1990-03-31 $0.12B $0.05B 45.69%
1989-12-31 $0.12B $0.05B 46.09%
1989-09-30 $0.14B $0.07B 47.86%
1989-06-30 $0.14B $0.07B 49.26%
1989-03-31 $0.10B $0.05B 50.00%
1988-12-31 $0.10B $0.05B 51.52%
1988-09-30 $0.09B $0.05B 50.54%
1988-06-30 $0.09B $0.05B 50.55%
1988-03-31 $0.09B $0.05B 50.56%
1987-12-31 $0.09B $0.05B 51.14%
Sector Industry Market Cap Revenue
Finance Banks - Northeast $3.907B $1.171B
Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors.
Stock Name Country Market Cap PE Ratio
Citizens Financial (CFG) United States $28.151B 14.50
Webster Financial (WBS) United States $12.569B 12.31
Central Bancompany (CBC) United States $7.520B 0.00
Valley National Bancorp (VLY) United States $7.482B 11.48
Atlantic Union Bankshares (AUB) United States $5.590B 10.75
Bank OZK (OZK) United States $5.369B 7.93
Eastern Bankshares (EBC) United States $4.934B 12.70
Fulton Financial (FULT) United States $4.479B 10.43
Nicolet Bankshares (NIC) United States $3.518B 15.08
FB Financial (FBK) United States $2.706B 12.06
NBT Bancorp (NBTB) United States $2.681B 12.65
Beacon Financial (BBT) United States $2.608B 11.53
Merchants Bancorp (MBIN) United States $2.418B 10.57
OFG Bancorp (OFG) United States $2.219B 10.33
First Commonwealth Financial (FCF) United States $2.143B 13.01
Bancorp (TBBK) United States $2.069B 9.54
S&T Bancorp (STBA) United States $1.758B 13.26
Byline Bancorp (BY) United States $1.700B 11.30
Bank First National (BFC) United States $1.669B 17.50
Pathward Financial (CASH) United States $1.630B 9.83
ConnectOne Bancorp (CNOB) United States $1.587B 9.98
Esquire Financial Holdings (ESQ) United States $1.466B 19.53
First Mid Bancshares (FMBH) United States $1.335B 11.33
HBT Financial (HBT) United States $1.311B 13.10
Univest Of Pennsylvania (UVSP) United States $1.177B 12.34
Metropolitan Bank Holding (MCB) United States $1.113B 11.36
Equity Bancshares (EQBK) United States $1.013B 9.63
CNB Financial (CCNE) United States $1.008B 9.75
Business First Bancshares (BFST) United States $1.008B 10.50
Horizon Bancorp (IN) (HBNC) United States $1.001B 10.65
NB Bancorp (NBBK) United States $0.996B 12.03
TrustCo Bank Corp NY (TRST) United States $0.977B 15.94
Camden National (CAC) United States $0.965B 10.96
Mid Penn Bancorp (MPB) United States $0.934B 11.85
SmartFinancial (SMBK) United States $0.883B 15.02
Eagle Bancorp (EGBN) United States $0.861B 0.00
Orrstown Financial Services Inc (ORRF) United States $0.826B 9.44
Independent Bank (IBCP) United States $0.810B 10.60
Peapack-Gladstone Financial (PGC) United States $0.798B 15.64
Financial Institutions (FISI) United States $0.793B 9.98
Shore Bancshares Inc (SHBI) United States $0.775B 10.76
Washington Trust Bancorp (WASH) United States $0.748B 13.62
Peoples Financial Services (PFIS) United States $0.710B 7.90
Arrow Financial (AROW) United States $0.708B 12.02
Midland States Bancorp (MSBI) United States $0.692B 14.00
Carter Bankshares (CARE) United States $0.678B 19.11
Hingham Institution For Savings (HIFS) United States $0.657B 16.72
Unity Bancorp (UNTY) United States $0.595B 10.66
Capital Bancorp (CBNK) United States $0.592B 11.25
Bridgewater Bancshares (BWB) United States $0.582B 12.35
Dacotah Banks (DBIN) United States $0.578B 11.80
Bankwell Financial (BWFG) United States $0.532B 12.47
Orange County Bancorp (OBT) United States $0.513B 10.77
Farmers & Merchants Bancorp (FMAO) United States $0.493B 12.30
Citizens & Northern Corp (CZNC) United States $0.466B 14.11
Pioneer Bancorp (PBFS) United States $0.450B 22.64
Avidia Bancorp (AVBC) United States $0.445B 23.46
Parke Bancorp (PKBK) United States $0.405B 8.98
Mvb Financial (MVBF) United States $0.401B 42.90
First Bancorp (ME) (FNLC) United States $0.396B 10.41
Citizens Financial Services (CZFS) United States $0.391B 9.51
Norwood Financial (NWFL) United States $0.380B 10.37
Northeast Community Bancorp (NECB) United States $0.374B 8.71
LINKBANCORP (LNKB) United States $0.327B 12.31
Fidelity D&D Bancorp (FDBC) United States $0.318B 10.43
Chain Bridge Bancorp (CBNA) United States $0.302B 11.34
Blue Foundry Bancorp (BLFY) United States $0.293B 0.00
Princeton Bancorp (BPRN) United States $0.293B 11.33
Isabella Bank (ISBA) United States $0.291B 14.01
Franklin Financial Services (FRAF) United States $0.286B 11.57
Middlefield Banc (MBCN) United States $0.283B 14.66
First United (FUNC) United States $0.281B 10.07
First National (FXNC) United States $0.279B 13.02
LCNB (LCNB) United States $0.274B 11.10
QNB (QNBC) United States $0.274B 11.68
Richmond Mutual Bancorporation (RMBI) United States $0.265B 13.06
Hawthorn Bancshares (HWBK) United States $0.264B 10.03
Virginia National Bankshares (VABK) United States $0.256B 10.34
First Internet Bancorp (INBK) United States $0.241B 0.00
Meridian Bank (MRBK) United States $0.231B 9.42
Community Bancorp (CMTV) United States $0.229B 12.44
CF Bankshares (CFBK) United States $0.224B 11.98
PSB Holdings (PSBQ) United States $0.209B 14.74
Rhinebeck Bancorp (RBKB) United States $0.201B 18.07
CB Financial Services (CBFV) United States $0.189B 12.44
Hanover Bancorp (HNVR) United States $0.187B 16.64
SB Financial (SBFG) United States $0.183B 10.90
ECB Bancorp (ECBK) United States $0.181B 15.14
MainStreet Bank (MNSB) United States $0.178B 12.25
BV Financial (BVFL) United States $0.177B 10.41
DimeCo (DIMC) United States $0.164B 8.76
SR Bancorp (SRBK) United States $0.158B 47.66
BCB Bancorp (NJ) (BCBP) United States $0.149B 0.00
American Bank (AMBK) United States $0.147B 10.49
Southern Michigan Bancorp (SOMC) United States $0.146B 11.93
F & M Bank (FMBM) United States $0.145B 9.98
Hoyne Bancorp (HYNE) United States $0.133B 0.00
Magyar Bancorp (MGYR) United States $0.124B 10.30
Community Heritage Financial (CMHF) $0.122B 11.06
Winchester Bancorp (WSBK) United States $0.120B 26.33
First Keystone (FKYS) United States $0.119B 14.98
Harleysville Savings Financial (HARL) United States $0.119B 9.82
Potomac Bancshares (PTBS) $0.119B 10.29
Jeffersonville Bancorp (JFBC) United States $0.119B 9.06
Union Bankshares (UNB) United States $0.117B 9.05
Bogota Financial (BSBK) United States $0.115B 42.90
University Bancorp (UNIB) United States $0.115B 0.00
Oxford Bank (OXBC) $0.112B 11.64
Patriot National Bancorp (PNBK) United States $0.109B 0.00
1895 Bancorp Of Wisconsin (BCOW) United States $0.098B 84.29
IF Bancorp (IROQ) United States $0.093B 17.33
Cullman Bancorp (CULL) United States $0.092B 0.00
Ballston Spa Bancorp (BSPA) United States $0.090B 0.00
Freedom Financial Holdings (FDVA) United States $0.085B 0.00
AmeriServ Financial (ASRV) United States $0.083B 9.57
First Seacoast Bancorp (FSEA) United States $0.081B 0.00
First Resource Bancorp (FRSB) United States $0.078B 7.91
NSTS Bancorp (NSTS) United States $0.074B 0.00
FFBW (FFBW) United States $0.065B 21.64
Cib Marine Bancshares (CIBH) United States $0.060B 29.11
West Shore Bank (WSSH) $0.053B 0.00
PB Bankshares (PBBK) United States $0.051B 20.21
Pioneer Bankshares (PNBI) United States $0.050B 12.56
Marathon Bancorp (MBBC) United States $0.044B 22.40