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Independent Bank Corp INDB Net Interest Income

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Other financials

Income statement

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Revenue$253.3M+39.3%
Net income$81.8M+60.1%
EPS (diluted)$1.70+41.7%

Balance sheet

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Cash & equivalents$1.0B+11.1%
Total debt$701.5M-7.6%
Total equity$3.5B+14.2%
Total assets$25.0B+24.6%

Cash flow

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Operating cash flow$73.4M-31.2%
CapEx$6.4M+52.5%
Free cash flow$67.0M-34.7%

Valuation

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Market cap$4B+26.0%
Enterprise value$3.7B+22.0%
P/E14.7×-2.1×
P/S-0.5×

Profitability

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Net margin27%+0.6pp
FCF margin30.3%+0.1pp

Returns & leverage

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Return on equity8.2%+1.9pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The source filing: Independent Bank Corp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000776901-26-000129
Line itemThree Months Ended / June 30 / 2026Three Months Ended / June 30 / 2025Six Months Ended / June 30 / 2026Six Months Ended / June 30 / 2025
Interest on deposits67,64159,843134,576119,279
Interest on borrowings10,72410,85321,59517,832
Total interest expense78,36570,696156,171137,111
Net interest income210,927147,496423,386293,001
Provision for credit losses6,2507,20011,75022,200
Net interest income after provision for credit losses204,677140,296411,636270,801
Non-interest income
Deposit account fees9,3937,14118,64214,194

Item 1. Financial Statements (unaudited)

FAQ

What is Independent Bank Corp's net interest income?
Independent Bank Corp (INDB) reported net interest income of $210.93M in Q2 2026.
How has Independent Bank Corp's net interest income changed year-over-year?
Independent Bank Corp's net interest income increased by 43.0% year-over-year, from $147.5M to $210.93M.
What is the long-term trend for Independent Bank Corp's net interest income?
Over 4 years (2021 to 2025), Independent Bank Corp's net interest income has grown at a 15.3% compound annual growth rate (CAGR), from $401.56M to $708.83M.
What does net interest income mean?
This is the difference between the interest earned on interest-earning assets and the interest paid on interest-bearing liabilities. It represents the primary source of revenue for a bank and indicates the effectiveness of its asset-liability management.

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