Independent Bank Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Net Income	239.5	263.81	120.99	121.17	165.18	121.62	87.2	76.65	64.96	59.85	Upgrade
Depreciation & Amortization	36.1	38.8	32.82	27.26	19.44	15.63	15.76	14.35	12.31	12.11	Upgrade
Share-Based Compensation	6.38	4.46	4.31	4.12	4.4	4.23	3.33	3.63	2.49	3.55	Upgrade
Other Operating Activities	-4.99	114.12	32.1	-87.92	27.51	0.36	24.61	-1.73	9.79	14.8	Upgrade
Operating Cash Flow	276.99	421.2	190.22	64.64	216.52	141.84	130.91	92.9	89.54	90.31	Upgrade
Operating Cash Flow Growth	-34.24%	121.43%	194.29%	-70.15%	52.66%	8.35%	40.92%	3.75%	-0.84%	-36.11%	Upgrade
Capital Expenditures	-15.73	-18.73	-25.03	-6.49	-12.79	-8.92	-18.77	-10.05	-9.26	-6.46	Upgrade
Acquisitions	0	0	787.3	0	-105.26	-6.91	6.29	8.67	-13.45	0	Upgrade
Change in Investments	-201.29	-984.74	-785.82	-484.97	132.72	-374.76	-307.9	-238.72	-188.77	-286.57	Upgrade
Other Investing Activities	5.37	3	-39.59	3.25	5.49	3.07	3.62	1.22	5.93	0.35	Upgrade
Investing Cash Flow	-211.65	-1,000.47	-63.14	-488.21	20.16	-387.51	-316.77	-238.89	-205.54	-292.67	Upgrade
Dividends Paid	-98.01	-93.73	-62.74	-60.84	-53.27	-40.17	-34.05	-29.71	-26.17	-22.44	Upgrade
Share Issuance / Repurchase	-187.31	-138.67	0.72	-93.95	3.77	1.53	0.43	1.83	3.41	3.25	Upgrade
Debt Issued / Paid	1,105	-39.06	-604.84	-122.19	-80.75	43.07	-14.23	-59.84	-112.93	-41.4	Upgrade
Other Financing Activities	-1,013.63	-1,037.01	1,484	1,846	-205.91	278.59	157.73	247.04	349.21	224.89	Upgrade
Financing Cash Flow	-193.95	-1,308.48	816.96	1,569	-336.16	283.01	109.88	159.32	213.51	164.3	Upgrade
Net Cash Flow	-128.6	-1,887.75	944.05	1,146	-99.48	37.34	-75.98	13.33	97.51	-38.07	Upgrade
Free Cash Flow	261.26	402.47	165.19	58.15	203.74	132.92	112.14	82.85	80.29	83.85	Upgrade
Free Cash Flow Growth	-35.09%	143.64%	184.10%	-71.46%	53.28%	18.54%	35.35%	3.19%	-4.24%	-36.51%	Upgrade
Free Cash Flow Margin	36.91%	55.79%	33.77%	13.63%	40.55%	34.81%	33.09%	27.24%	27.75%	32.81%	Upgrade
Free Cash Flow Per Share	5.91	8.68	4.74	1.75	6.21	4.82	4.11	3.14	3.10	3.51	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).