Independent Bank Corp. (INDB) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Independent Bank Corp., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 17.62x | 14.20x | 12.14x | 14.84x | 23.50x | 20.05x |
| P/B Ratio | 1.01x | 0.91x | 1.00x | 1.36x | 0.94x | 1.43x |
| P/S Ratio | 3.10x | 2.80x | 3.19x | 5.22x | 5.51x | 4.79x |
| Profitability | ||||||
| Gross Margin | 67.9% | 66.4% | 76.7% | 95.2% | 93.8% | 82.9% |
| Operating Margin | 22.9% | 25.4% | 34.6% | 46.4% | 30.4% | 30.1% |
| Net Margin | 17.6% | 19.7% | 26.3% | 35.2% | 23.4% | 23.9% |
| EBITDA Margin | 26.2% | 29.6% | 38.5% | 51.6% | 36.7% | 35.5% |
| Liquidity | ||||||
| Current Ratio | 0.55x | 0.02x | 0.10x | 0.11x | 0.23x | 0.16x |
| Quick Ratio | 0.55x | 0.02x | 0.10x | 0.11x | 0.23x | 0.16x |
| Leverage | ||||||
| Debt/Equity | 0.25x | 0.23x | 0.42x | 0.04x | 0.05x | 0.11x |
YoY = year-over-year change. Source: FMP..