Filing Flows › Independent Bank (INDB) › How it makes money
How Independent Bank (INDB) makes money
Independent Bank (INDB) made $262M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Net interest income brought in $221M (84%); Noninterest income brought in $41.3M (16%). Of every dollar of revenue, 45¢ was left as operating profit, 34¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $221M | 84.2% | +5% | +9% |
| Noninterest income | $41.3M | 15.8% | -3% | +2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $262M | 100.0% |
| Operating profit | $117M | 44.7% |
| Income tax | $27.3M | 10.4% |
| Net earnings | $89.7M | 34.3% |
| Operating cash flow | $106M | 40.6% |
| Free cash flow | $99.6M | 38.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $262M | +8% |
From Independent Bank's 10-Q filed Nov 9, 2026 (on EDGAR).
Questions
How does Independent Bank make money?
Independent Bank (INDB) made $262M of revenue in the third quarter 2026 (Q3 2026), +7% from a year earlier. Net interest income brought in $221M (84%); Noninterest income brought in $41.3M (16%). Of every dollar of revenue, 45¢ was left as operating profit, 34¢ was left as net earnings.
What is Independent Bank's biggest business?
Net interest income: $221M in the third quarter 2026, 84% of revenue, +9% from a year earlier.
What is Independent Bank's profit margin?
Net earnings were $89.7M, 34.3% of revenue, in the third quarter 2026; the operating margin was 44.7%.
Updated Nov 9, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.