Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
79.77
-0.11 (-0.14%)
Oct 19, 2026, 12:17 PM EDT - Market open
Independent Bank Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 205.12 | 192.08 | 239.5 | 263.81 | 120.99 |
Depreciation & Amortization | 42.14 | 40.89 | 36.1 | 38.8 | 32.82 |
Gain (Loss) on Sale of Assets | 0.13 | 0.16 | 0.12 | -1.16 | -0.44 |
Gain (Loss) on Sale of Investments | -0.34 | -0.42 | -1.18 | 3.06 | -0.55 |
Provision for Credit Losses | 65.47 | 36.25 | 23.25 | 6.5 | 18.21 |
Change in Trading Asset Securities | -0.48 | 0.74 | -1.1 | -0.17 | -0.88 |
Change in Other Net Operating Assets | -25.89 | -10.88 | -0.58 | 141.91 | 66.81 |
Other Operating Activities | -43.53 | -35.44 | -25.4 | -36.47 | -52.72 |
Operating Cash Flow | 251.16 | 229.92 | 276.99 | 421.2 | 190.22 |
Operating Cash Flow Growth | 9.24% | -16.99% | -34.24% | 121.43% | 194.29% |
Investing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -12.14 | -20.44 | -15.84 | -22.07 | -25.2 |
Sale of Property, Plant and Equipment | 0.3 | 0.09 | 0.11 | 3.34 | 0.17 |
Cash Acquisitions | 97.76 | - | - | - | 787.3 |
Investment in Securities | 63.12 | 243.11 | 246.86 | -622.25 | -1,533 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -125.72 | -236.52 | -378.74 | -335.45 | 744.98 |
Other Investing Activities | -18.27 | -19.25 | -64.04 | -24.05 | -37.06 |
Investing Cash Flow | 5.05 | -33.01 | -211.65 | -1,000 | -63.14 |
Financing Activities
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 345.78 | - | 1,105 | - | - |
Total Debt Issued | 345.78 | - | 1,105 | - | - |
Long-Term Debt Repaid | -344.37 | -517 | - | -39.06 | -604.84 |
Total Debt Repaid | -344.37 | -517 | - | -39.06 | -604.84 |
Net Debt Issued (Repaid) | 1.41 | -517 | 1,105 | -39.06 | -604.84 |
Issuance of Common Stock | 2.55 | 3.33 | 2.74 | 2.36 | 2.02 |
Repurchase of Common Stock | -62.31 | -31.8 | -190.05 | -141.03 | -1.25 |
Common Dividends Paid | -103.9 | -96.2 | -98.01 | -93.73 | -62.74 |
Net Increase (Decrease) in Deposit Accounts | 458.06 | 440.32 | -1,014 | -1,037 | 1,484 |
Other Financing Activities | - | - | - | - | -0.06 |
Financing Cash Flow | 295.8 | -201.35 | -193.95 | -1,308 | 816.96 |
Net Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 552.01 | -4.44 | -128.6 | -1,888 | 944.05 |
Free Cash Flow
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 239.03 | 209.49 | 261.15 | 399.13 | 165.02 |
Free Cash Flow Growth | 14.10% | -19.78% | -34.57% | 141.87% | 217.04% |
Free Cash Flow Margin | 30.18% | 32.06% | 36.89% | 55.56% | 33.74% |
Free Cash Flow Per Share | 5.17 | 4.93 | 5.91 | 8.60 | 4.73 |