Independent Bank annual return on equity
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Independent Bank Return on Equity (ROE) Growth & History (INDB)
Independent Bank's return on equity was 6.25% for fiscal 2025.
View full Independent Bank company overviewIndependent Bank annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 6.25% | −0.27 pp |
| 2024 | 2024-12-31 | 6.52% | −1.76 pp |
| 2023 | 2023-12-31 | 8.28% | −0.65 pp |
| 2022 | 2022-12-31 | 8.94% | +3.81 pp |
| 2021 | 2021-12-31 | 5.13% | −1.98 pp |
| 2020 | 2020-12-31 | 7.10% | −4.77 pp |
| 2019 | 2019-12-31 | 11.88% | −0.18 pp |
| 2018 | 2018-12-31 | 12.06% | +2.41 pp |
| 2017 | 2017-12-31 | 9.64% | +0.27 pp |
| 2016 | 2016-12-31 | 9.37% | +0.17 pp |
| 2015 | 2015-12-31 | 9.20% | −0.51 pp |
| 2014 | 2014-12-31 | 9.71% | +0.75 pp |
| 2013 | 2013-12-31 | 8.97% | +0.43 pp |
| 2012 | 2012-12-31 | 8.54% | −1.50 pp |
| 2011 | 2011-12-31 | 10.04% | +0.56 pp |
| 2010 | 2010-12-31 | 9.48% | — |
Independent Bank quarterly return on equity
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.32% | +0.65 pp |
| Q1 2026 | 2026-03-31 | 2.25% | +0.77 pp |
| Q4 2025 | 2025-12-31 | 2.12% | +0.44 pp |
| Q3 2025 | 2025-09-30 | 1.03% | −0.42 pp |
| Q2 2025 | 2025-06-30 | 1.67% | −0.10 pp |
| Q1 2025 | 2025-03-31 | 1.47% | −0.18 pp |
| Q4 2024 | 2024-12-31 | 1.68% | −0.22 pp |
| Q3 2024 | 2024-09-30 | 1.46% | −0.66 pp |
| Q2 2024 | 2024-06-30 | 1.77% | −0.43 pp |
| Q1 2024 | 2024-03-31 | 1.65% | −0.49 pp |
| Q4 2023 | 2023-12-31 | 1.90% | −0.81 pp |
| Q3 2023 | 2023-09-30 | 2.12% | −0.41 pp |
| Q2 2023 | 2023-06-30 | 2.20% | +0.09 pp |
| Q1 2023 | 2023-03-31 | 2.14% | +0.37 pp |
| Q4 2022 | 2022-12-31 | 2.70% | +2.63 pp |
| Q3 2022 | 2022-09-30 | 2.53% | +0.24 pp |
| Q2 2022 | 2022-06-30 | 2.12% | −0.06 pp |
| Q1 2022 | 2022-03-31 | 1.77% | −0.67 pp |
| Q4 2021 | 2021-12-31 | 0.07% | −1.97 pp |
| Q3 2021 | 2021-09-30 | 2.29% | +0.21 pp |
| Q2 2021 | 2021-06-30 | 2.17% | +0.69 pp |
| Q1 2021 | 2021-03-31 | 2.44% | +0.86 pp |
| Q4 2020 | 2020-12-31 | 2.04% | −0.76 pp |
| Q3 2020 | 2020-09-30 | 2.07% | −1.05 pp |
| Q2 2020 | 2020-06-30 | 1.49% | −0.75 pp |
| Q1 2020 | 2020-03-31 | 1.58% | −1.66 pp |
| Q4 2019 | 2019-12-31 | 2.80% | −0.09 pp |
| Q3 2019 | 2019-09-30 | 3.12% | −0.22 pp |
| Q2 2019 | 2019-06-30 | 2.24% | −0.98 pp |
| Q1 2019 | 2019-03-31 | 3.23% | +0.33 pp |
| Q4 2018 | 2018-12-31 | 2.89% | +0.54 pp |
| Q3 2018 | 2018-09-30 | 3.34% | +0.76 pp |
| Q2 2018 | 2018-06-30 | 3.22% | +0.92 pp |
| Q1 2018 | 2018-03-31 | 2.90% | +0.52 pp |
| Q4 2017 | 2017-12-31 | 2.35% | +0.31 pp |
| Q3 2017 | 2017-09-30 | 2.58% | +0.06 pp |
| Q2 2017 | 2017-06-30 | 2.29% | −0.26 pp |
| Q1 2017 | 2017-03-31 | 2.38% | −0.01 pp |
| Q4 2016 | 2016-12-31 | 2.04% | −0.50 pp |
| Q3 2016 | 2016-09-30 | 2.53% | +0.05 pp |
| Q2 2016 | 2016-06-30 | 2.56% | +0.20 pp |
| Q1 2016 | 2016-03-31 | 2.39% | +1.01 pp |
| Q4 2015 | 2015-12-31 | 2.54% | +0.02 pp |
| Q3 2015 | 2015-09-30 | 2.48% | −0.06 pp |
| Q2 2015 | 2015-06-30 | 2.36% | −0.05 pp |
| Q1 2015 | 2015-03-31 | 1.38% | −0.86 pp |
| Q4 2014 | 2014-12-31 | 2.52% | +0.68 pp |
| Q3 2014 | 2014-09-30 | 2.53% | −0.14 pp |
| Q2 2014 | 2014-06-30 | 2.42% | +0.06 pp |
| Q1 2014 | 2014-03-31 | 2.24% | −0.06 pp |
| Q4 2013 | 2013-12-31 | 1.85% | −0.10 pp |
| Q3 2013 | 2013-09-30 | 2.67% | +0.29 pp |
| Q2 2013 | 2013-06-30 | 2.36% | +0.52 pp |
| Q1 2013 | 2013-03-31 | 2.30% | −0.27 pp |
| Q4 2012 | 2012-12-31 | 1.95% | −0.45 pp |
| Q3 2012 | 2012-09-30 | 2.38% | −0.23 pp |
| Q2 2012 | 2012-06-30 | 1.84% | −0.65 pp |
| Q1 2012 | 2012-03-31 | 2.57% | — |
| Q4 2011 | 2011-12-31 | 2.40% | — |
| Q3 2011 | 2011-09-30 | 2.61% | — |
| Q2 2011 | 2011-06-30 | 2.49% | — |
Independent Bank return on equity trends
Over the last five fiscal years, Independent Bank's return on equity decreased from 7.10% to 6.25%, a change of −0.85 percentage points. The latest reported quarter, Q2 2026, shows 2.32%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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