What is Independent Bank Corp's year two?

Independent Bank Corp (INDB) reported year two of $3.11B in Q1 2026.

How has Independent Bank Corp's year two changed year-over-year?

Independent Bank Corp's year two increased by 52.6% year-over-year, from $2.04B to $3.11B.

Independent Bank Corp INDB Year two

Year two at other companies

International BancsharesIBOC

$3.55B+24.8%

BKBK

$3.11B+44.7%

State StreetSTT

$7.58B+6.6%

BancFirst CorporationBANF

$177K-14.5%

M&T BankMTB

$22.33B+26.0%

Wintrust FinancialWTFC

$11.95B+17.0%

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:FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear.

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 year two?: Independent Bank Corp (INDB) reported year two of $3.11B in Q1 2026.
How has Independent Bank Corp's year two changed year-over-year?: Independent Bank Corp's year two increased by 52.6% year-over-year, from $2.04B to $3.11B.