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Independent Bank Corp INDB Compensation and benefits

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Other financials

Income statement

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Revenue$252.7M+41.9%
Net income$79.9M+79.9%
EPS (diluted)$1.63+56.7%

Balance sheet

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Cash & equivalents$729.0M+1.7%
Total debt$776.3M-9.7%
Total equity$3.5B+16.8%
Total assets$24.8B+24.6%

Cash flow

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Operating cash flow$117.2M+779%
CapEx$5.6M+176%
Free cash flow$111.6M+887%

Valuation

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Market cap$3.91B+36.8%
Enterprise value$3.96B+31.6%
P/E16.3×+1.1×
P/S4.2×+0.1×

Profitability

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Net margin25.8%-1.1pp
FCF margin36.4%+11.5pp

Returns & leverage

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Return on equity7.3%+0.9pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corp's compensation and benefits?
Independent Bank Corp (INDB) reported compensation and benefits of $80.74M in Q1 2026.
How has Independent Bank Corp's compensation and benefits changed year-over-year?
Independent Bank Corp's compensation and benefits increased by 30.4% year-over-year, from $61.93M to $80.74M.
What is the long-term trend for Independent Bank Corp's compensation and benefits?
Over 4 years (2021 to 2025), Independent Bank Corp's compensation and benefits has grown at a 13.6% compound annual growth rate (CAGR), from $172.59M to $287.5M.
What does compensation and benefits mean?
Total employee-related costs including salaries, wages, bonuses, commissions, stock-based compensation, health insurance, retirement contributions, and payroll taxes.