Pretax income is the income that a company earns before paying income taxes. Independent Bank's pretax income for the
three
months ended in Dec. 2024 was $62.9 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $241.8 Mil.
Independent Bank's pretax margin was 35.98%.
During the past 13 years, Independent Bank's highest Pretax Margin was 48.28%. The lowest was 31.19%. And the median was 38.12%.
Independent Bank Pre-Tax Income Historical Data
The historical data trend for Independent Bank's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Independent Bank's Pre-Tax Income
For the Banks - Regional subindustry, Independent Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independent Bank's Pre-Tax Income Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Independent Bank's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Independent Bank's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $241.8 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank (NAS:INDB) Pre-Tax Income Explanation
Independent Bank's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as
During the past 13 years, Independent Bank's highest Pretax Margin was 48.28%. The lowest was 31.19%. And the median was 38.12%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Independent Bank Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Independent Bank's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Independent Bank Corp is a bank holding company and the sole shareholder of its bank, the Rockland Trust Company. Rockland is a community-oriented commercial bank. The bank provides a variety of banking, investment and financial services, operating with various retail branches, as well as a network of commercial and residential lending centers and investment management offices majorly in Eastern Massachusetts, Worcester County, and Rhode Island. The bank's loan portfolio constitutes the bulk of the bank's total assets. Its borrowers consist mostly of small to medium-size businesses and consumers, majority of which are made to its market area in eastern Massachusetts and Rhode Island. The bank's loan portfolio is predominantly in commercial loans.
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