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Companies / Financials / Independent Bank Corp.
INDB

Independent Bank Corp.

FinancialsBanks & Brokers
Ticker INDBROCKLAND, MAFiscal year ends DecemberBook value per share $72.37Diluted shares 48.5M

Independent Bank Corp. (Nasdaq: INDB) is a bank holding company whose subsidiary, Rockland Trust Company, provides banking, investment and financial services to consumers, businesses and municipalities. Its offerings include commercial and consumer lending, deposit accounts, investment management, and mobile, online… From the company’s description.

Over the twelve months to Jun 30, 2026, Independent Bank Corp. reported revenue of $1.00B, up 41.0% from a year earlier, and net income of $271.35M. Its pre-tax margin was 34.9%. In fiscal 2025, it reported revenue of $857.52M, up 24.3% from fiscal 2024, and net income of $205.12M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$857.52MFY2025
+24.3% year over year
Last 12 mo $1.00B
30.57%FY2025
−5.3 percentage points
Last 12 mo 34.90%
$205.12MFY2025
+6.8% year over year
Last 12 mo $271.35M
5.75%FY2025
−0.7 percentage points
Last 12 mo 7.73%
Cash & financing
$251.16MFY2025
+9.2% year over year
Last 12 mo $321.72M
$239.03MFY2025
+14.1% year over year
Last 12 mo $303.80M
5.88FY2025
Was 5.35× a year earlier
Last 12 mo 6.01
46.2MFY2025
+8.7% year over year
Last 12 mo 48.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Independent Bank Corp. does

In the company’s own words

Independent Bank Corp. (Nasdaq: INDB) is a bank holding company whose subsidiary, Rockland Trust Company, provides banking, investment and financial services to consumers, businesses and municipalities. Its offerings include commercial and consumer lending, deposit accounts, investment management, and mobile, online and telephone banking. Rockland Trust operates more than 150 branches and lending centers and investment management offices, primarily in eastern Massachusetts, Worcester County, southern New Hampshire and Rhode Island. It is the company’s sole reportable operating segment. The bank’s borrowers include small and upper-middle-market businesses and consumers, with lending focused largely on its regional market area. At December 31, 2025, the company had $24.9 billion in assets and $20.1 billion in deposits, and Rockland Trust employed 2,294 people. The company completed its acquisition of Enterprise Bancorp in July 2025. Its website is www.rocklandtrust.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
ROCKLAND, MA
Fiscal year end
December
CIK
776901
SIC
6022

Financial performance, year by year

Fiscal 2011–2025 · USD
$-100.37M$200.74M$501.86M$802.97M$1.10B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Independent Bank Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

304
funds hold it
0 of 35
superinvestors hold it
$1.72B
held by funds, at market
44.5%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Independent Bank Corp.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.22%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.13%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Independent Bank Corp.’s bonds, as funds hold them

Funds report holding 1 issues of Independent Bank Corp.’s debt, $32.71M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.25%, maturing 2035 to 2035.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Independent Bank Corp. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Independent Bank Corp.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Independent Bank Corp.'s last four quarterly filings that the numbers alone won't show?”
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