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Independent Bank Corp INDB Total noninterest expense

Total noninterest expense at other companies

Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$198.63M+52.7%
International Bancshares logo
International BancsharesIBOC
$76.05M+3.1%
Community Financial System logo
Community Financial SystemCBU
$133.04M+6.2%
First Financial Bankshares logo
First Financial BanksharesFFIN
$76.77M+9.1%
Bank of America logo
Bank of AmericaBAC
Citizens Financial Group logo
Citizens Financial GroupCFG

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:NoninterestExpense.

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 total noninterest expense?
Independent Bank Corp (INDB) reported total noninterest expense of $142.92M in Q1 2026.
How has Independent Bank Corp's total noninterest expense changed year-over-year?
Independent Bank Corp's total noninterest expense increased by 35.0% year-over-year, from $105.88M to $142.92M.
What is the long-term trend for Independent Bank Corp's total noninterest expense?
Over 4 years (2021 to 2025), Independent Bank Corp's total noninterest expense has grown at a 12.4% compound annual growth rate (CAGR), from $332.53M to $529.88M.
What does total noninterest expense mean?
This metric aggregates all operating costs incurred by the bank excluding interest expense, encompassing items such as personnel compensation, occupancy, technology, and regulatory assessments. It serves as a primary measure of the bank's operational efficiency and cost management discipline. Investors use this figure to calculate the efficiency ratio and evaluate the bank's ability to control overhead relative to its revenue generation.