What is Independent Bank Corp's net change in deposits?

Independent Bank Corp (INDB) reported net change in deposits of -$99.79M in Q1 2026.

How has Independent Bank Corp's net change in deposits changed year-over-year?

Independent Bank Corp's net change in deposits increased by 27.7% year-over-year, from -$138M to -$99.79M.

What does net change in deposits mean?

Net increase or decrease in total customer deposits at a bank or financial institution.

Independent Bank Corp INDB Net change in deposits

Net change in deposits at other companies

Citizens Financial GroupCFG

$722M-74.2%

Community Financial SystemCBU

$483.04M+7.3%

FIB

First Interstate BancSystem, Inc.FIBK

-$205.3M+27.4%

First Financial BancorpFFBC

$287.52M+318%

HOM

Home BancSharesHOMB

$258.32M-34.6%

Axos FinancialAX

$968M—

Other financials

Income statement

See full

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$4B+36.8%

Profitability

See full

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:IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet.

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 net change in deposits?: Independent Bank Corp (INDB) reported net change in deposits of -$99.79M in Q1 2026.
How has Independent Bank Corp's net change in deposits changed year-over-year?: Independent Bank Corp's net change in deposits increased by 27.7% year-over-year, from -$138M to -$99.79M.
What does net change in deposits mean?: Net increase or decrease in total customer deposits at a bank or financial institution.