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 March 31, 2026 is %.
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Independent Bank Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
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 $3.867B $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 $27.271B 16.58
Webster Financial (WBS) United States $11.573B 12.06
Valley National Bancorp (VLY) United States $7.254B 13.06
Central Bancompany (CBC) United States $5.935B 0.00
Atlantic Union Bankshares (AUB) United States $5.440B 11.42
Bank OZK (OZK) United States $5.363B 7.77
Eastern Bankshares (EBC) United States $4.888B 13.35
Fulton Financial (FULT) United States $3.874B 9.93
Nicolet Bankshares (NIC) United States $3.347B 15.92
FB Financial (FBK) United States $2.846B 13.86
Beacon Financial (BBT) United States $2.674B 12.63
Bancorp (TBBK) United States $2.469B 11.89
NBT Bancorp (NBTB) United States $2.349B 11.95
Merchants Bancorp (MBIN) United States $2.170B 12.49
Pathward Financial (CASH) United States $2.066B 11.60
First Commonwealth Financial (FCF) United States $1.914B 12.32
OFG Bancorp (OFG) United States $1.815B 9.33
Bank First National (BFC) United States $1.609B 19.31
S&T Bancorp (STBA) United States $1.605B 12.52
Byline Bancorp (BY) United States $1.511B 11.09
ConnectOne Bancorp (CNOB) United States $1.414B 10.86
First Mid Bancshares (FMBH) United States $1.159B 10.94
Metropolitan Bank Holding (MCB) United States $1.117B 13.51
Univest Of Pennsylvania (UVSP) United States $1.042B 11.82
HBT Financial (HBT) United States $1.028B 11.17
NB Bancorp (NBBK) United States $1.012B 13.10
Esquire Financial Holdings (ESQ) United States $0.977B 19.75
Equity Bancshares (EQBK) United States $0.973B 10.63
Business First Bancshares (BFST) United States $0.934B 10.13
CNB Financial (CCNE) United States $0.925B 10.76
Horizon Bancorp (IN) (HBNC) United States $0.907B 9.62
Camden National (CAC) United States $0.863B 11.52
Mid Penn Bancorp (MPB) United States $0.858B 11.21
TrustCo Bank Corp NY (TRST) United States $0.813B 14.28
Eagle Bancorp (EGBN) United States $0.805B 0.00
Orrstown Financial Services Inc (ORRF) United States $0.753B 8.97
SmartFinancial (SMBK) United States $0.721B 13.92
Washington Trust Bancorp (WASH) United States $0.680B 13.32
Peapack-Gladstone Financial (PGC) United States $0.674B 18.19
Financial Institutions (FISI) United States $0.670B 9.43
Shore Bancshares Inc (SHBI) United States $0.653B 9.91
Hingham Institution For Savings (HIFS) United States $0.640B 20.13
Arrow Financial (AROW) United States $0.602B 13.49
Peoples Financial Services (PFIS) United States $0.577B 6.23
Unity Bancorp (UNTY) United States $0.560B 11.02
Carter Bankshares (CARE) United States $0.541B 17.43
Bridgewater Bancshares (BWB) United States $0.526B 12.45
Midland States Bancorp (MSBI) United States $0.520B 13.61
Capital Bancorp (CBNK) United States $0.515B 9.40
Dacotah Banks (DBIN) United States $0.484B 0.00
Orange County Bancorp (OBT) United States $0.466B 10.50
Citizens & Northern Corp (CZNC) United States $0.425B 12.90
Bankwell Financial (BWFG) United States $0.422B 11.91
Avidia Bancorp (AVBC) United States $0.410B 0.00
Farmers & Merchants Bancorp (FMAO) United States $0.397B 11.25
Pioneer Bancorp (PBFS) United States $0.361B 18.01
Isabella Bank (ISBA) United States $0.357B 19.72
Northeast Community Bancorp (NECB) United States $0.350B 7.76
Parke Bancorp (PKBK) United States $0.348B 9.40
Norwood Financial (NWFL) United States $0.341B 10.18
Mvb Financial (MVBF) United States $0.339B 52.74
First Bancorp (ME) (FNLC) United States $0.331B 9.56
LINKBANCORP (LNKB) United States $0.327B 12.31
Citizens Financial Services (CZFS) United States $0.321B 8.75
Blue Foundry Bancorp (BLFY) United States $0.293B 0.00
Middlefield Banc (MBCN) United States $0.283B 14.66
Fidelity D&D Bancorp (FDBC) United States $0.270B 9.44
Franklin Financial Services (FRAF) United States $0.254B 11.94
First United (FUNC) United States $0.249B 9.61
Princeton Bancorp (BPRN) United States $0.244B 13.23
Meridian Bank (MRBK) United States $0.243B 10.81
LCNB (LCNB) United States $0.241B 10.40
Hawthorn Bancshares (HWBK) United States $0.241B 10.18
Chain Bridge Bancorp (CBNA) United States $0.235B 11.62
Virginia National Bankshares (VABK) United States $0.220B 11.41
QNB (QNBC) United States $0.217B 10.82
First Internet Bancorp (INBK) United States $0.202B 0.00
Community Bancorp (CMTV) United States $0.194B 11.52
CF Bankshares (CFBK) United States $0.190B 10.96
CB Financial Services (CBFV) United States $0.185B 13.54
MainStreet Bank (MNSB) United States $0.180B 13.20
BV Financial (BVFL) United States $0.175B 10.99
Rhinebeck Bancorp (RBKB) United States $0.173B 16.92
BCB Bancorp (NJ) (BCBP) United States $0.166B 0.00
ECB Bancorp (ECBK) United States $0.164B 20.08
Hanover Bancorp (HNVR) United States $0.161B 16.64
Patriot National Bancorp (PNBK) United States $0.156B 0.00
SR Bancorp (SRBK) United States $0.148B 59.07
Richmond Mutual Bancorporation (RMBI) United States $0.146B 11.88
SB Financial (SBFG) United States $0.141B 9.57
Hoyne Bancorp (HYNE) United States $0.130B 0.00
DimeCo (DIMC) United States $0.121B 7.27
Winchester Bancorp (WSBK) United States $0.121B 0.00
First Keystone (FKYS) United States $0.120B 19.34
Southern Michigan Bancorp (SOMC) United States $0.119B 9.67
American Bank (AMBK) United States $0.118B 7.73
Magyar Bancorp (MGYR) United States $0.116B 10.34
Jeffersonville Bancorp (JFBC) United States $0.115B 9.12
Union Bankshares (UNB) United States $0.113B 10.05
PSB Holdings (PSBQ) United States $0.112B 8.21
Bogota Financial (BSBK) United States $0.111B 50.35
F & M Bank (FMBM) United States $0.109B 9.70
University Bancorp (UNIB) United States $0.109B 0.00
Oxford Bank (OXBC) $0.104B 9.41
1st Colonial Bancorp (FCOB) United States $0.101B 11.05
Harleysville Savings Financial (HARL) United States $0.096B 9.60
Community Heritage Financial (CMHF) $0.096B 11.07
IF Bancorp (IROQ) United States $0.093B 17.33
Potomac Bancshares (PTBS) $0.089B 9.27
Freedom Financial Holdings (FDVA) United States $0.087B 245.20
Cullman Bancorp (CULL) United States $0.078B 0.00
FFBW (FFBW) United States $0.064B 23.85
First Resource Bancorp (FRSB) United States $0.064B 7.76
AmeriServ Financial (ASRV) United States $0.063B 10.91
NSTS Bancorp (NSTS) United States $0.061B 0.00
1895 Bancorp Of Wisconsin (BCOW) United States $0.061B 40.70
First Seacoast Bancorp (FSEA) United States $0.057B 0.00
Ballston Spa Bancorp (BSPA) United States $0.055B 0.00
Cib Marine Bancshares (CIBH) United States $0.053B 34.38
PB Bankshares (PBBK) United States $0.051B 20.21
Marathon Bancorp (MBBC) United States $0.039B 49.07