Independent Historical Income Statement

INDB Stock

USD 62.06 1.49 2.34%

Historical analysis of Independent Bank income statement accounts such as Operating Income of 259.5 M or Ebit of 259.5 M can show how well Independent Bank performed in making a profits. Evaluating Independent Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Independent Bank's future profits or losses.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Independent Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Independent Bank is a good buy for the upcoming year.

Net Income Gross Profit

Build AI portfolio with Independent Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

About Independent Income Statement Analysis

Independent Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Independent Bank shareholders. The income statement also shows Independent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Independent Bank Income Statement Chart

At present, Independent Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 763.4 M, whereas Total Other Income Expense Net is forecasted to decline to (2 M).

Other Operating Expenses Operating Income Ebitda Net Income Net Income Applicable To Common Shares

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Independent Bank. It is also known as Independent Bank overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Independent Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Independent Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Independent Bank financial statement analysis. It represents the amount of money remaining after all of Independent Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Most accounts from Independent Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Independent Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independent Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.At present, Independent Bank's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 763.4 M, whereas Total Other Income Expense Net is forecasted to decline to (2 M).

	2022	2023	2024	2025 (projected)
Operating Income	347.8M	315.1M	247.1M	259.5M
Other Operating Expenses	402.1M	480.6M	727.0M	763.4M

Operating Income Other Operating Expenses

Independent Bank income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Cost Of Revenue	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Minority Interest	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.91	0.6	0.6	0.61	0.06	0.62	0.52	0.7	0.78	0.86	0.69	0.98	0.6	0.47	0.85	-0.22	0.48	0.21	0.49	0.62	0.74	0.65	0.85
Other Operating Expenses	0.91		0.78	0.78	0.81	0.28	0.8	0.71	0.91	0.95	0.97	0.86	0.87	0.79	0.29	0.85	-0.45	0.66	0.28	0.61	0.77	0.81	0.81	0.79
Operating Income	0.6	0.78		1.0	0.99	0.04	1.0	0.97	0.84	0.92	0.9	0.98	0.54	1.0	0.36	0.82	-0.42	0.96	0.23	0.94	0.94	0.88	0.84	0.37
Ebit	0.6	0.78	1.0		0.99	0.04	1.0	0.97	0.84	0.92	0.9	0.98	0.54	1.0	0.36	0.82	-0.42	0.96	0.23	0.94	0.94	0.88	0.84	0.37
Ebitda	0.61	0.81	0.99	0.99		0.14	0.99	0.96	0.89	0.93	0.92	0.98	0.56	0.99	0.29	0.82	-0.43	0.95	0.24	0.91	0.94	0.87	0.86	0.42
Total Operating Expenses	0.06	0.28	0.04	0.04	0.14		0.05	0.03	0.39	0.16	0.2	0.02	0.04	0.05	-0.82	-0.02	-0.25	-0.05	0.18	-0.11	-0.03	-0.08	0.09	0.39
Net Income	0.62	0.8	1.0	1.0	0.99	0.05		0.95	0.86	0.92	0.91	0.98	0.56	1.0	0.36	0.83	-0.4	0.96	0.21	0.92	0.95	0.89	0.85	0.39
Income Tax Expense	0.52	0.71	0.97	0.97	0.96	0.03	0.95		0.78	0.88	0.83	0.94	0.43	0.98	0.36	0.76	-0.51	0.92	0.28	0.94	0.87	0.8	0.74	0.29
Depreciation And Amortization	0.7	0.91	0.84	0.84	0.89	0.39	0.86	0.78		0.94	0.94	0.88	0.67	0.85	0.09	0.79	-0.41	0.76	0.26	0.69	0.85	0.8	0.91	0.62
Selling General Administrative	0.78	0.95	0.92	0.92	0.93	0.16	0.92	0.88	0.94		0.98	0.97	0.72	0.92	0.35	0.84	-0.54	0.82	0.3	0.76	0.88	0.87	0.87	0.59
Total Revenue	0.86	0.97	0.9	0.9	0.92	0.2	0.91	0.83	0.94	0.98		0.94	0.82	0.89	0.33	0.9	-0.4	0.8	0.26	0.76	0.88	0.89	0.87	0.7
Gross Profit	0.69	0.86	0.98	0.98	0.98	0.02	0.98	0.94	0.88	0.97	0.94		0.62	0.98	0.43	0.84	-0.48	0.92	0.26	0.87	0.94	0.9	0.87	0.44
Cost Of Revenue	0.98	0.87	0.54	0.54	0.56	0.04	0.56	0.43	0.67	0.72	0.82	0.62		0.53	0.46	0.83	-0.08	0.44	0.15	0.44	0.6	0.72	0.65	0.85
Income Before Tax	0.6	0.79	1.0	1.0	0.99	0.05	1.0	0.98	0.85	0.92	0.89	0.98	0.53		0.36	0.81	-0.46	0.95	0.23	0.93	0.93	0.87	0.83	0.36
Total Other Income Expense Net	0.47	0.29	0.36	0.36	0.29	-0.82	0.36	0.36	0.09	0.35	0.33	0.43	0.46	0.36		0.5	-0.08	0.37	-0.03	0.42	0.41	0.5	0.31	0.08
Selling And Marketing Expenses	0.85	0.85	0.82	0.82	0.82	-0.02	0.83	0.76	0.79	0.84	0.9	0.84	0.83	0.81	0.5		-0.18	0.76	0.17	0.8	0.85	0.87	0.84	0.66
Minority Interest	-0.22	-0.45	-0.42	-0.42	-0.43	-0.25	-0.4	-0.51	-0.41	-0.54	-0.4	-0.48	-0.08	-0.46	-0.08	-0.18		-0.27	-0.26	-0.22	-0.24	-0.23	-0.22	-0.13
Net Income From Continuing Ops	0.48	0.66	0.96	0.96	0.95	-0.05	0.96	0.92	0.76	0.82	0.8	0.92	0.44	0.95	0.37	0.76	-0.27		0.13	0.94	0.97	0.9	0.85	0.3
Non Recurring	0.21	0.28	0.23	0.23	0.24	0.18	0.21	0.28	0.26	0.3	0.26	0.26	0.15	0.23	-0.03	0.17	-0.26	0.13		0.1	0.1	0.1	0.11	0.17
Tax Provision	0.49	0.61	0.94	0.94	0.91	-0.11	0.92	0.94	0.69	0.76	0.76	0.87	0.44	0.93	0.42	0.8	-0.22	0.94	0.1		0.9	0.83	0.76	0.26
Net Interest Income	0.62	0.77	0.94	0.94	0.94	-0.03	0.95	0.87	0.85	0.88	0.88	0.94	0.6	0.93	0.41	0.85	-0.24	0.97	0.1	0.9		0.96	0.94	0.44
Interest Income	0.74	0.81	0.88	0.88	0.87	-0.08	0.89	0.8	0.8	0.87	0.89	0.9	0.72	0.87	0.5	0.87	-0.23	0.9	0.1	0.83	0.96		0.92	0.61
Reconciled Depreciation	0.65	0.81	0.84	0.84	0.86	0.09	0.85	0.74	0.91	0.87	0.87	0.87	0.65	0.83	0.31	0.84	-0.22	0.85	0.11	0.76	0.94	0.92		0.56
Extraordinary Items	0.85	0.79	0.37	0.37	0.42	0.39	0.39	0.29	0.62	0.59	0.7	0.44	0.85	0.36	0.08	0.66	-0.13	0.3	0.17	0.26	0.44	0.61	0.56

Click cells to compare fundamentals

Independent Bank Account Relationship Matchups

Independent Bank income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	34.3M	13.7M	29.6M	189.2M	291.0M	305.6M
Other Operating Expenses	354.6M	359.3M	402.1M	480.6M	727.0M	763.4M
Operating Income	152.8M	156.7M	347.8M	315.1M	247.1M	259.5M
Ebit	152.8M	156.7M	347.8M	315.1M	247.1M	259.5M
Ebitda	180.1M	189.5M	386.6M	315.1M	288.0M	302.4M
Total Operating Expenses	267.7M	327.4M	366.0M	(480.6M)	399.7M	419.7M
Net Income	121.2M	121.0M	263.8M	239.5M	192.1M	201.7M
Income Tax Expense	31.7M	35.7M	83.9M	75.6M	55.0M	57.8M
Depreciation And Amortization	27.3M	32.8M	38.8M	25.8M	40.9M	42.9M
Selling General Administrative	155.0M	176.6M	211.7M	234.1M	244.5M	256.8M
Total Revenue	507.4M	516.0M	749.8M	795.7M	974.1M	1.0B
Gross Profit	420.6M	484.1M	713.7M	795.7M	646.9M	679.2M
Cost Of Revenue	86.8M	31.9M	36.1M	212.5M	327.3M	343.6M
Income Before Tax	152.8M	156.7M	347.8M	315.1M	247.1M	259.5M
Total Other Income Expense Net	(62.6M)	(99.5M)	(85.5M)	315.1M	(1.9M)	(2.0M)
Selling And Marketing Expenses	4.3M	4.1M	255.2M	273.3M	286.3M	300.6M
Net Income Applicable To Common Shares	165.2M	121.2M	121.0M	263.8M	303.4M	318.6M
Net Income From Continuing Ops	121.2M	121.0M	263.8M	239.5M	192.1M	129.7M
Tax Provision	31.7M	35.7M	83.9M	75.6M	55.0M	52.7M
Net Interest Income	367.7M	401.6M	613.2M	606.5M	561.7M	433.8M
Interest Income	402.1M	415.3M	642.8M	795.7M	852.8M	510.3M
Reconciled Depreciation	27.3M	32.8M	38.8M	36.1M	40.9M	31.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

USOI	Credit Suisse X Links
ULTY	Tidal Trust II
CONY	YieldMax N Option

When determining whether Independent Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Independent Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Independent Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Independent Bank Stock:

How To Invest In Independent

Details

Is Independent Stock a good investment?

Details

What is Independent Bank's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

For information on how to trade Independent Stock refer to our How to Trade Independent Stock guide.

You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Independent Bank. If investors know Independent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Independent Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.01)

Dividend Share

1.14

Earnings Share

4.43

Revenue Per Share

15.58

Quarterly Revenue Growth

0.052

The market value of Independent Bank is measured differently than its book value, which is the value of Independent that is recorded on the company's balance sheet. Investors also form their own opinion of Independent Bank's value that differs from its market value or its book value, called intrinsic value, which is Independent Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Independent Bank's market value can be influenced by many factors that don't directly affect Independent Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Independent Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independent Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independent Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC

Independent Historical Income Statement

About Independent Income Statement Analysis

Independent Bank Income Statement Chart

Other Operating Expenses

Operating Income

Net Income

Net Income Applicable To Common Shares

Independent Bank income statement Correlations

Independent Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Independent Bank income statement Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebit	+ 1.0	Operating Income
Net Income	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Net Income	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit
Income Before Tax	+ 1.0	Net Income

Total Other Income Expense Net	- 0.82	Total Operating Expenses
Minority Interest	- 0.54	Selling General Administrative
Minority Interest	- 0.51	Income Tax Expense
Minority Interest	- 0.48	Gross Profit
Minority Interest	- 0.46	Income Before Tax
Minority Interest	- 0.45	Other Operating Expenses