Financial Statements — INDB
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.00 | 0.73 | 0.91 | 0.90 | 0.72 | 0.42 | 0.31 | 0.22 | 0.22 | 0.31 | 0.94 | -- | -- | -- | -- | -- |
| Net Loans & Leases | 18.20 | 18.23 | 18.26 | 14.39 | 14.35 | 14.20 | 14.25 | 14.18 | 14.08 | 14.00 | 13.55 | -- | -- | -- | -- | -- |
| Total Assets | 24.97 | 24.78 | 24.99 | 20.05 | 19.89 | 19.41 | 19.41 | 19.32 | 19.37 | 19.40 | 19.70 | 19.98 | 20.16 | 14.53 | 14.19 | 13.77 |
| Total Deposits | 20.39 | 20.10 | 20.30 | 15.89 | 15.68 | 15.44 | 15.41 | 15.04 | 15.06 | 15.25 | 16.34 | 16.64 | 16.76 | 12.26 | 11.99 | 11.59 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | 0.11 | 0.11 | -- | -- | 0.01 | 0.02 | 0.02 | 0.03 |
| Total Liabilities | 21.46 | 21.24 | 21.45 | 16.97 | 16.85 | 16.43 | 16.49 | 16.44 | 16.48 | 16.55 | 16.89 | 17.11 | 17.19 | 12.78 | 12.45 | 12.06 |
| Retained Earnings | 1.37 | 1.32 | 1.22 | 1.22 | 1.19 | 1.15 | 1.13 | 1.10 | 1.05 | 1.01 | 0.88 | 0.83 | 0.80 | 0.79 | 0.76 | 0.74 |
| Total Stockholder Equity | 3.51 | 3.54 | 3.55 | 3.07 | 3.03 | 2.98 | 2.92 | 2.88 | 2.89 | 2.85 | 2.82 | 2.87 | 2.97 | 1.76 | 1.74 | 1.72 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Interest & Dividend Income | 289.29 | 290.27 | 297.54 | 294.75 | 218.19 | 211.92 | 216.32 | 216.52 | 211.86 | 208.05 | 207.17 | 202.93 | 198.69 | 184.13 | 169.97 | 148.12 | 140.62 | 125.92 | 93.02 | 96.70 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 73.94 | 70.61 | 62.07 | 53.05 | 46.15 | 15.77 | 7.37 | 3.26 | 3.19 | 3.39 | 2.93 | 3.35 |
| Net Interest Income | 210.93 | 212.46 | 212.49 | 203.34 | 147.50 | 145.51 | 144.66 | 141.70 | 137.93 | 137.44 | 145.10 | 149.88 | 152.55 | 168.36 | 162.60 | 144.86 | 137.43 | 122.53 | 90.09 | 93.35 |
| Provision for Credit Losses | 6.25 | 5.50 | 4.75 | 38.52 | 7.20 | 15.00 | 7.50 | 19.50 | 4.25 | 5.00 | 5.50 | 5.50 | 5.00 | 5.50 | 3.00 | 0.00 | (2.00) | 35.71 | (10.00) | (5.00) |
| Non-interest Income | 42.39 | 40.26 | 41.44 | 40.40 | 34.31 | 32.54 | 32.19 | 33.55 | 32.33 | 29.94 | 32.07 | 33.54 | 30.76 | 32.30 | 28.20 | 27.90 | 26.27 | 29.18 | 26.46 | 24.97 |
| Non-interest Expense | 140.27 | 142.92 | 154.37 | 160.84 | 108.80 | 105.88 | 106.42 | 100.44 | 99.61 | 99.89 | 100.75 | 97.78 | 95.56 | 94.87 | 92.73 | 90.56 | 95.50 | 117.13 | 72.42 | 73.30 |
| Pretax Income | 106.80 | 104.30 | -- | 44.39 | 65.81 | 57.17 | -- | 55.31 | 66.39 | 62.50 | -- | 80.14 | 82.75 | 100.29 | 95.07 | 82.20 | 70.20 | (1.12) | 54.13 | 50.02 |
| Net Income | 81.84 | 79.92 | 75.33 | 34.26 | 51.10 | 44.42 | 50.03 | 42.95 | 51.33 | 47.77 | 54.80 | 60.81 | 62.64 | 77.04 | 71.90 | 61.78 | 53.10 | 1.70 | 40.01 | 37.57 |
| Basic EPS | 1.70 | 1.63 | 1.51 | 0.69 | 1.20 | 1.04 | 1.18 | 1.01 | 1.21 | 1.12 | 1.26 | 1.38 | 1.42 | 1.68 | 1.57 | 1.32 | 1.12 | (0.14) | 1.21 | 1.14 |
| Diluted EPS | 1.70 | 1.63 | 1.51 | 0.69 | 1.20 | 1.04 | 1.18 | 1.01 | 1.21 | 1.12 | 1.26 | 1.38 | 1.42 | 1.68 | 1.57 | 1.32 | 1.12 | (0.14) | 1.21 | 1.14 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 73.40 | 117.22 | 78.94 | 52.16 | 106.72 | 13.34 | 42.89 | 70.24 | 65.65 | 51.15 | 53.51 | 51.47 | 142.23 | 115.34 | 133.42 | 96.91 | 75.53 | 33.42 | 39.04 | 50.29 |
| Capital Expenditures | 6.43 | 5.60 | 3.41 | 2.48 | 4.22 | 2.03 | 6.38 | 5.86 | 3.73 | 4.46 | 6.30 | 4.22 | 6.65 | 4.05 | 1.87 | 7.82 | 8.34 | 9.09 | 9.14 | 4.45 |
| Free Cash Flow* | 66.97 | 111.61 | 75.53 | 49.68 | 102.50 | 11.31 | 36.51 | 64.38 | 61.92 | 46.68 | 47.20 | 47.25 | 135.58 | 111.29 | 131.56 | 89.09 | 67.19 | 24.34 | 29.90 | 45.84 |
| Investing Cash Flow | 84.57 | 12.71 | (32.87) | 72.52 | (14.68) | (19.91) | (127.55) | 62.50 | 16.12 | 15.92 | 19.27 | (28.56) | (174.63) | (215.99) | (290.29) | (210.56) | (283.63) | 578.72 | (530.74) | 63.38 |
| Financing Cash Flow | 114.27 | (172.85) | (184.96) | (115.12) | 92.35 | 503.53 | (119.90) | (22.17) | 10.79 | (70.07) | (68.57) | 126.70 | (12.26) | (482.71) | (383.11) | (250.44) | (192.22) | (379.29) | 243.10 | 373.43 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q1
2016 | Q4
2014 | Q3
2014 | Q2
2014 | Q1
2014 | Q4
2013 | Q3
2013 | Q2
2013 | Q1
2013 | Q4
2012 | Q3
2012 | Q2
2012 | Q1
2012 |
|---|
| Dividends Per Share | 0.64 | 0.64 | 0.59 | 0.57 | 0.57 | 0.57 | 0.57 | 0.29 | 0.24 | 0.24 | 0.24 | 0.24 | 0.22 | 0.22 | 0.22 | 0.22 | 0.21 | 0.21 | 0.21 | 0.19 |
