Filing Flows › Independent Bank (INDB) › Q3 2026
Independent Bank (INDB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Independent Bank (INDB) reported revenue of $262M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +3% from the quarter before. Operating margin was 44.7%, net earnings $89.7M (34.3% of revenue).
Independent Bank, Q3 2026: revenue $262M (+8% year over year), operating margin 44.7%, net earnings $89.7M, operating cash flow $106M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | +3% | +7% |
| Operating profit | $117M | +10% | +164% |
| Net earnings | $89.7M | +10% | +162% |
| Operating cash flow | $106M | +45% | +104% |
| Free cash flow | $99.6M | +49% | +100% |
What changed
Revenue was $261.9M in Q3 2026, up 7% year over year and up 3% from the previous quarter. Net interest income was the largest line at 84% of revenue. Net interest income added $17.3M year over year (up 9%), 95% of the total change.
Operating profit was $117.0M, a 44.7% margin (up 26.5 points year over year). Of the extra revenue versus a year earlier, 399% reached operating profit, above the 18% margin then. Total costs fell 27% while revenue rose 7%. Net earnings were $89.7M, up 162% year over year. The effective tax rate was 23.3%.
Operating cash flow was $106.4M (up 104% year over year), 119% of net earnings. Non-cash charges added back $8.0M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $6.1M. Capital expenditures of $6.8M left free cash flow of $99.6M.
Questions
What was Independent Bank's revenue in the third quarter 2026?
Independent Bank (INDB) reported revenue of $262M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +3% from the quarter before.
Was Independent Bank profitable in the third quarter 2026?
Operating profit was $117M (44.7% of revenue) and net earnings $89.7M.
Source: Independent Bank 10-Q on SEC EDGAR.