Independent Bank shares outstanding INDB
Diluted shares outstanding, averaged over each quarter, from 2010.
- Latest quarter, to Jun 30, 2026
- 48.1M
- On a year earlier
- +12.7%
- more shares
Independent Bank had 48.1M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 12.7% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 49.5M | +16% |
| FY2024 | 42.5M | −2% |
| FY2023 | 43.5M | −5% |
| FY2022 | 45.7M | +13% |
| FY2021 | 40.4M | +22% |
| FY2020 | 33M | −4% |
| FY2019 | 34.4M | +23% |
| FY2018 | 27.9M | +1% |
| FY2017 | 27.5M | +3% |
| FY2016 | 26.8M | +2% |
| FY2015 | 26.3M | +9% |
| FY2014 | 24.1M | +2% |
| FY2013 | 23.5M | +5% |
| FY2012 | 22.3M | +4% |
| FY2011 | 21.5M | −1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 48.1M | +13% | |
| Q1 FY26 | 49M | +15% | |
| Q4 FY25 | 49.5M | +16% | |
| Q3 FY25 | 50M | +18% | |
| Q2 FY25 | 42.6M | +0% | |
| Q1 FY25 | 42.6M | +0% | |
| Q4 FY24 | 42.5M | −2% | |
| Q3 FY24 | 42.5M | −4% | |
| Q2 FY24 | 42.5M | −4% | |
| Q1 FY24 | 42.6M | −5% | |
| Q4 FY23 | 43.5M | −5% | |
| Q3 FY23 | 44.1M | −4% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Independent Bank
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.