Company / Net Income
Independent Bank Corp. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$205.1M
FY2025
5-year range
$121.0M / $263.8M
FY2021-FY2025
Trend
+6.8%
vs FY2024
Sector context
#207 of 404
Financials
What the data says
At $205M, Independent Bank Corp.'s net income ranks #207 of 404 in the Financials sector. Net Income returned to growth in FY2025 after 2 years of decline, reaching $205M.
Based on SEC 10-K filings.
$205M in FY2025 with a 5-year CAGR of +11.1%.
Declined from $240M to $205M over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -8.0%
- 5-Year CAGR
- +11.1%
- 10-Year CAGR
- -
Sector benchmark
#207 of 404 in FinancialsTop 51% of 404This company $205.1M Sector average $1.6B
▼
-87.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.1%, indicating consistent growth.
- In FY2025, net income increased 6.8% year-over-year.
- Ranks #207 out of 404 companies in the Financials sector.
- Peak net income was recorded in FY2022.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $205.1M | +6.8% |
| FY2024 | $192.1M | -19.8% |
| FY2023 | $239.5M | -9.2% |
| FY2022 | $263.8M | +118.0% |
| FY2021 | $121.0M | -0.1% |
| FY2020 | $121.2M | -26.6% |
| FY2019 | $165.2M | +35.8% |
| FY2018 | $121.6M | +39.5% |
| FY2017 | $87.2M | +13.8% |
| FY2016 | $76.6M | +18.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026