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Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
84.47
+0.35 (0.42%)
Nov 13, 2026, 4:00 PM EST - Market closed

Independent Bank Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
998.92792.05653.49707.88718.36489.07
Revenue Growth
40.25%21.20%-7.68%-1.46%46.88%15.00%
Net Income
326.84205.12192.08239.5263.81120.99
Earnings Per Share
6.744.444.525.425.693.47
EPS Growth
66.62%-1.76%-16.61%-4.73%63.97%-4.68%

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
715.83806.27277.18280.03423.112,333
Total Debt
719.53961.08804.051,327260.04221.62
Net Cash (Debt)
-3.7-154.82-526.87-1,047163.062,111
Net Cash Growth
-----92.28%78.16%
Net Cash Per Share
-0.08-3.35-12.39-23.693.5260.51

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
375.91251.16229.92276.99421.2190.22
Capital Expenditures
-22.22-12.14-20.44-15.84-22.07-25.2
Free Cash Flow
353.69239.03209.49261.15399.13165.02
Free Cash Flow Growth
76.84%14.10%-19.78%-34.57%141.87%217.04%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
32.72%25.90%29.39%33.83%36.73%24.74%
FCF Margin
35.41%30.18%32.06%36.89%55.56%33.74%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.5602.3602.2802.2002.0801.920
Dividend Per Share Growth
7.26%3.51%3.64%5.77%8.33%4.35%
Dividend Yield
3.03%3.21%3.55%3.27%2.46%3.37%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.5217.6614.2012.0514.6122.27
Forward PE
10.4410.4813.0013.7912.7318.10
P/FCF Ratio
11.0715.1613.0211.059.6516.33
PS Ratio
3.924.574.174.085.365.51