US Stock MarketDetailed Quotes

INDB Independent Bank

Watchlist

58.050
+1.430+2.53%

Close Jul 19 16:00 ET

58.050
0.0000.00%

Post 17:31 ET

2.47BMarket Cap11.68P/E (TTM)

Independent Bank Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

Hide blank lines

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

Assets

Cash cash equivalents and federal funds sold

1.82%313.88M

-55.96%221.32M

-36.44%224.33M

-76.49%220.13M

-79.12%308.26M

-72.69%502.54M

-84.25%352.93M

-53.37%936.3M

-Cash and cash equivalents

1.82%313.88M

-55.96%221.32M

-36.44%224.33M

-76.49%220.13M

-79.12%308.26M

-72.69%502.54M

-84.25%352.93M

-53.37%936.3M

Net loan

1.87%14.27B

2.94%14.19B

2.64%14.14B

3.91%14.09B

3.49%14.01B

2.59%13.79B

2.33%13.78B

54.96%13.56B

-Gross loan

1.92%14.42B

2.82%14.34B

2.53%14.28B

3.81%14.23B

3.42%14.15B

2.67%13.95B

2.35%13.93B

55.01%13.71B

-Allowance for loans and lease losses

7.26%150.86M

-7.66%146.95M

-6.69%142.22M

-4.58%140.57M

-2.54%140.65M

10.11%159.13M

3.74%152.42M

59.70%147.31M

Securities and investments

-8.51%2.77B

-8.50%2.85B

-6.34%2.93B

-5.50%2.97B

3.00%3.02B

8.67%3.11B

17.43%3.13B

35.72%3.15B

-Trading securities

-2.08%4.38M

6.49%4.76M

28.27%4.99M

26.51%4.48M

23.10%4.48M

12.97%4.47M

4.52%3.89M

0.97%3.54M

-Available for sale securities

-3.54%21.03M

6.30%22.86M

6.59%22.51M

5.07%21.48M

2.92%21.8M

-4.90%21.5M

-8.86%21.12M

-10.33%20.44M

-Held to maturity securities

-6.42%1.52B

-7.93%1.55B

-7.98%1.57B

-6.09%1.59B

15.32%1.62B

30.87%1.68B

59.83%1.71B

96.20%1.7B

-Short term investments

-11.09%1.22B

-9.45%1.27B

-4.64%1.33B

-5.03%1.35B

-8.59%1.37B

-9.48%1.41B

-10.95%1.4B

-0.12%1.43B

Federal home loan bank stock

-17.09%32.74M

14.89%46.3M

734.75%43.56M

740.90%43.88M

531.91%39.49M

253.32%40.3M

-54.26%5.22M

-39.79%5.22M

Bank owned life insurance

1.15%300.11M

1.04%298.35M

1.39%297.39M

0.87%295.67M

1.33%296.69M

1.40%295.27M

1.39%293.32M

19.85%293.13M

Net PPE

-1.21%191.3M

-1.71%192.56M

-1.76%193.05M

-3.45%191.56M

-4.24%193.64M

-1.60%195.92M

0.47%196.5M

60.62%198.41M

-Gross PPE

----

4.46%338.4M

----

5.47%323.94M

----

-Accumulated depreciation

----

-14.06%-145.36M

----

-14.25%-127.44M

----

Goodwill and other intangible assets

-0.63%1B

-0.66%1B

-0.68%1B

-0.70%1B

-0.72%1.01B

-0.74%1.01B

-0.76%1.01B

92.67%1.01B

-Goodwill

0.00%985.07M

94.60%985.07M

-Other intangible assets

-29.60%15.16M

-28.50%16.63M

-27.44%18.19M

-26.39%19.83M

-25.34%21.54M

-24.40%23.25M

-23.51%25.07M

41.35%26.93M

Other assets

2.24%539.12M

4.71%523.68M

-2.84%512.71M

-0.47%550.34M

0.98%527.33M

0.45%500.14M

-2.03%527.72M

-0.44%552.96M

Total assets

0.05%19.41B

-0.61%19.32B

0.28%19.35B

-1.70%19.37B

-2.91%19.4B

-3.56%19.44B

-5.53%19.29B

35.57%19.7B

Liabilities

Total deposits

1.06%15.41B

-1.50%15.04B

-6.38%14.87B

-7.83%15.06B

-8.36%15.25B

-8.90%15.27B

-6.14%15.88B

33.27%16.34B

Long term debt and capital lease obligation

-23.07%693.39M

3.33%1.03B

974.63%1.22B

782.46%1B

551.47%901.27M

617.42%992.39M

-25.59%113.38M

-27.82%113.36M

-Long term debt

-23.07%693.39M

3.33%1.03B

974.63%1.22B

782.46%1B

551.47%901.27M

617.42%992.39M

-25.59%113.38M

-27.82%113.36M

Other liabilities

-1.99%388.82M

7.17%371.79M

-11.30%368.2M

-2.51%422.81M

18.99%396.7M

18.80%346.93M

23.71%415.09M

20.42%433.71M

Total liabilities

-0.33%16.49B

-1.03%16.44B

0.27%16.45B

-2.39%16.48B

-3.30%16.55B

-3.39%16.61B

-5.73%16.41B

32.16%16.89B

Shareholders'equity

Share capital

-3.86%423K

-3.87%422K

-6.15%427K

-3.08%440K

-4.14%440K

-6.99%439K

-3.60%455K

37.99%454K

-common stock

-3.86%423K

-3.87%422K

-6.15%427K

-3.08%440K

-4.14%440K

-6.99%439K

-3.60%455K

37.99%454K

-Preferred stock

----

--0

Paid-in capital

-4.65%1.9B

-4.66%1.9B

-8.64%1.93B

-5.39%2B

-6.93%2B

-11.23%2B

-5.97%2.11B

122.61%2.11B

Retained earnings

11.73%1.13B

13.36%1.1B

15.31%1.08B

18.56%1.05B

21.09%1.01B

22.08%971.34M

21.88%934.44M

12.03%882.5M

Gains losses not affecting retained earnings

23.67%-114.23M

12.61%-115.94M

30.23%-111.53M

10.48%-157.41M

-40.82%-149.65M

-76.82%-132.66M

-3,099.76%-159.86M

-909.38%-175.83M

Other equity interest

----

-3.56%-3.4M

-2.20%-3.3M

-2.96%-3.34M

-2.91%-3.29M

-3.37%-3.29M

-2.57%-3.23M

-2.60%-3.24M

Total stockholders'equity

2.25%2.92B

1.88%2.88B

0.30%2.9B

2.42%2.89B

-0.57%2.85B

-4.54%2.83B

-4.36%2.89B

60.44%2.82B

Total equity

2.25%2.92B

1.88%2.88B

0.30%2.9B

2.42%2.89B

-0.57%2.85B

-4.54%2.83B

-4.36%2.89B

60.44%2.82B

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022
Assets
Cash cash equivalents and federal funds sold	1.82%313.88M	-55.96%221.32M	-36.44%224.33M	-36.44%224.33M	-76.49%220.13M	-79.12%308.26M	-72.69%502.54M	-84.25%352.93M	-84.25%352.93M	-53.37%936.3M
-Cash and cash equivalents	1.82%313.88M	-55.96%221.32M	-36.44%224.33M	-36.44%224.33M	-76.49%220.13M	-79.12%308.26M	-72.69%502.54M	-84.25%352.93M	-84.25%352.93M	-53.37%936.3M
Net loan	1.87%14.27B	2.94%14.19B	2.64%14.14B	2.64%14.14B	3.91%14.09B	3.49%14.01B	2.59%13.79B	2.33%13.78B	2.33%13.78B	54.96%13.56B
-Gross loan	1.92%14.42B	2.82%14.34B	2.53%14.28B	2.53%14.28B	3.81%14.23B	3.42%14.15B	2.67%13.95B	2.35%13.93B	2.35%13.93B	55.01%13.71B
-Allowance for loans and lease losses	7.26%150.86M	-7.66%146.95M	-6.69%142.22M	-6.69%142.22M	-4.58%140.57M	-2.54%140.65M	10.11%159.13M	3.74%152.42M	3.74%152.42M	59.70%147.31M
Securities and investments	-8.51%2.77B	-8.50%2.85B	-6.34%2.93B	-6.34%2.93B	-5.50%2.97B	3.00%3.02B	8.67%3.11B	17.43%3.13B	17.43%3.13B	35.72%3.15B
-Trading securities	-2.08%4.38M	6.49%4.76M	28.27%4.99M	28.27%4.99M	26.51%4.48M	23.10%4.48M	12.97%4.47M	4.52%3.89M	4.52%3.89M	0.97%3.54M
-Available for sale securities	-3.54%21.03M	6.30%22.86M	6.59%22.51M	6.59%22.51M	5.07%21.48M	2.92%21.8M	-4.90%21.5M	-8.86%21.12M	-8.86%21.12M	-10.33%20.44M
-Held to maturity securities	-6.42%1.52B	-7.93%1.55B	-7.98%1.57B	-7.98%1.57B	-6.09%1.59B	15.32%1.62B	30.87%1.68B	59.83%1.71B	59.83%1.71B	96.20%1.7B
-Short term investments	-11.09%1.22B	-9.45%1.27B	-4.64%1.33B	-4.64%1.33B	-5.03%1.35B	-8.59%1.37B	-9.48%1.41B	-10.95%1.4B	-10.95%1.4B	-0.12%1.43B
Federal home loan bank stock	-17.09%32.74M	14.89%46.3M	734.75%43.56M	734.75%43.56M	740.90%43.88M	531.91%39.49M	253.32%40.3M	-54.26%5.22M	-54.26%5.22M	-39.79%5.22M
Bank owned life insurance	1.15%300.11M	1.04%298.35M	1.39%297.39M	1.39%297.39M	0.87%295.67M	1.33%296.69M	1.40%295.27M	1.39%293.32M	1.39%293.32M	19.85%293.13M
Net PPE	-1.21%191.3M	-1.71%192.56M	-1.76%193.05M	-1.76%193.05M	-3.45%191.56M	-4.24%193.64M	-1.60%195.92M	0.47%196.5M	0.47%196.5M	60.62%198.41M
-Gross PPE	----	----	4.46%338.4M	4.46%338.4M	----	----	----	5.47%323.94M	5.47%323.94M	----
-Accumulated depreciation	----	----	-14.06%-145.36M	-14.06%-145.36M	----	----	----	-14.25%-127.44M	-14.25%-127.44M	----
Goodwill and other intangible assets	-0.63%1B	-0.66%1B	-0.68%1B	-0.68%1B	-0.70%1B	-0.72%1.01B	-0.74%1.01B	-0.76%1.01B	-0.76%1.01B	92.67%1.01B
-Goodwill	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	0.00%985.07M	94.60%985.07M
-Other intangible assets	-29.60%15.16M	-28.50%16.63M	-27.44%18.19M	-27.44%18.19M	-26.39%19.83M	-25.34%21.54M	-24.40%23.25M	-23.51%25.07M	-23.51%25.07M	41.35%26.93M
Other assets	2.24%539.12M	4.71%523.68M	-2.84%512.71M	-2.84%512.71M	-0.47%550.34M	0.98%527.33M	0.45%500.14M	-2.03%527.72M	-2.03%527.72M	-0.44%552.96M
Total assets	0.05%19.41B	-0.61%19.32B	0.28%19.35B	0.28%19.35B	-1.70%19.37B	-2.91%19.4B	-3.56%19.44B	-5.53%19.29B	-5.53%19.29B	35.57%19.7B
Liabilities
Total deposits	1.06%15.41B	-1.50%15.04B	-6.38%14.87B	-6.38%14.87B	-7.83%15.06B	-8.36%15.25B	-8.90%15.27B	-6.14%15.88B	-6.14%15.88B	33.27%16.34B
Long term debt and capital lease obligation	-23.07%693.39M	3.33%1.03B	974.63%1.22B	974.63%1.22B	782.46%1B	551.47%901.27M	617.42%992.39M	-25.59%113.38M	-25.59%113.38M	-27.82%113.36M
-Long term debt	-23.07%693.39M	3.33%1.03B	974.63%1.22B	974.63%1.22B	782.46%1B	551.47%901.27M	617.42%992.39M	-25.59%113.38M	-25.59%113.38M	-27.82%113.36M
Other liabilities	-1.99%388.82M	7.17%371.79M	-11.30%368.2M	-11.30%368.2M	-2.51%422.81M	18.99%396.7M	18.80%346.93M	23.71%415.09M	23.71%415.09M	20.42%433.71M
Total liabilities	-0.33%16.49B	-1.03%16.44B	0.27%16.45B	0.27%16.45B	-2.39%16.48B	-3.30%16.55B	-3.39%16.61B	-5.73%16.41B	-5.73%16.41B	32.16%16.89B
Shareholders'equity
Share capital	-3.86%423K	-3.87%422K	-6.15%427K	-6.15%427K	-3.08%440K	-4.14%440K	-6.99%439K	-3.60%455K	-3.60%455K	37.99%454K
-common stock	-3.86%423K	-3.87%422K	-6.15%427K	-6.15%427K	-3.08%440K	-4.14%440K	-6.99%439K	-3.60%455K	-3.60%455K	37.99%454K
-Preferred stock	----	--0	--0	--0	--0	--0	--0	--0	--0	--0
Paid-in capital	-4.65%1.9B	-4.66%1.9B	-8.64%1.93B	-8.64%1.93B	-5.39%2B	-6.93%2B	-11.23%2B	-5.97%2.11B	-5.97%2.11B	122.61%2.11B
Retained earnings	11.73%1.13B	13.36%1.1B	15.31%1.08B	15.31%1.08B	18.56%1.05B	21.09%1.01B	22.08%971.34M	21.88%934.44M	21.88%934.44M	12.03%882.5M
Gains losses not affecting retained earnings	23.67%-114.23M	12.61%-115.94M	30.23%-111.53M	30.23%-111.53M	10.48%-157.41M	-40.82%-149.65M	-76.82%-132.66M	-3,099.76%-159.86M	-3,099.76%-159.86M	-909.38%-175.83M
Other equity interest	----	-3.56%-3.4M	-2.20%-3.3M	-2.20%-3.3M	-2.96%-3.34M	-2.91%-3.29M	-3.37%-3.29M	-2.57%-3.23M	-2.57%-3.23M	-2.60%-3.24M
Total stockholders'equity	2.25%2.92B	1.88%2.88B	0.30%2.9B	0.30%2.9B	2.42%2.89B	-0.57%2.85B	-4.54%2.83B	-4.36%2.89B	-4.36%2.89B	60.44%2.82B
Total equity	2.25%2.92B	1.88%2.88B	0.30%2.9B	0.30%2.9B	2.42%2.89B	-0.57%2.85B	-4.54%2.83B	-4.36%2.89B	-4.36%2.89B	60.44%2.82B
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--

Analysis

Analyst Rating

No Data

Price Target

No Data

Heat List

Overall