Independent Bank Corp. (INDB)
NASDAQ: INDB · Real-Time Price · USD
84.80
+0.98 (1.17%)
At close: Aug 11, 2026, 4:00 PM EDT
85.29
+0.49 (0.58%)
Pre-market: Aug 12, 2026, 5:03 AM EDT
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 | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 271.35 | 205.12 | 192.08 | 239.5 | 263.81 | 120.99 |
Depreciation & Amortization | 43.07 | 42.14 | 40.89 | 36.1 | 38.8 | 32.82 |
Provision for Credit Losses | 55.02 | 65.47 | 36.25 | 23.25 | 6.5 | 18.21 |
Stock-Based Compensation | 9.78 | 8.99 | 6.52 | 6.38 | 4.46 | 4.31 |
Net Change in Loans Held-for-Sale | -5 | -27.93 | -0.92 | -3.47 | 21.42 | 31.75 |
Other Adjustments | -51.28 | -44.2 | -35.69 | -26.56 | -34.12 | -52.04 |
Changes in Trading Assets | -0.03 | -0.48 | 0.74 | -1.1 | -0.17 | -0.88 |
Changes in Other Operating Activities | 4.97 | 2.04 | -9.96 | 2.89 | 120.49 | 35.06 |
Operating Cash Flow | 321.72 | 251.16 | 229.92 | 276.99 | 421.2 | 190.22 |
Operating Cash Flow Growth | 37.97% | 9.24% | -16.99% | -34.24% | 121.43% | 194.29% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Change in Loans Held-for-Investment | 65.67 | -125.72 | -236.52 | -378.74 | -335.45 | 744.98 |
Net Change in Securities and Investments | -76.25 | 63.12 | 243.11 | 246.86 | -622.25 | -1,533 |
Proceeds from Business Divestments | - | 97.76 | - | - | - | 787.3 |
Capital Expenditures | -17.92 | -12.14 | -20.44 | -15.84 | -22.07 | -25.2 |
Sale of Property, Plant & Equipment | 0.37 | 0.3 | 0.09 | 0.11 | 3.34 | 0.17 |
Other Investing Activities | -9.06 | -18.27 | -19.25 | -64.04 | -24.05 | -37.06 |
Investing Cash Flow | 97.28 | 5.05 | -33.01 | -211.65 | -1,000 | -63.14 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Change in Deposits | 135.66 | 458.06 | 440.32 | -1,014 | -1,037 | 1,484 |
Short-Term Debt Issued | 124.94 | 49.94 | - | - | - | - |
Net Short-Term Debt Issued (Repaid) | 124.94 | 49.94 | - | - | - | - |
Long-Term Debt Issued | - | 295.84 | - | - | - | - |
Long-Term Debt Repaid | - | -60 | -50 | - | -14.06 | -18.81 |
Net Long-Term Debt Issued (Repaid) | - | 235.84 | -50 | - | -14.06 | -18.81 |
Issuance of Common Stock | 3.03 | 2.63 | 3.33 | 2.66 | 2.36 | 2.02 |
Repurchase of Common Stock | -199.11 | -60.85 | -30.99 | -188.91 | -139.95 | - |
Net Common Stock Issued (Repurchased) | -196.08 | -58.22 | -27.65 | -186.25 | -137.59 | 2.02 |
Common Dividends Paid | -114.68 | -103.9 | -96.2 | -98.01 | -93.73 | -62.74 |
Other Financing Activities | -248.49 | -285.83 | -467.82 | 1,104 | -26.08 | -587.34 |
Financing Cash Flow | -358.65 | 295.8 | -201.35 | -193.95 | -1,308 | 816.96 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 99.99 | 552.01 | -4.44 | -128.6 | -1,888 | 944.05 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 303.8 | 239.03 | 209.49 | 261.15 | 399.13 | 165.02 |
Free Cash Flow Growth | 41.50% | 14.10% | -19.78% | -34.57% | 141.87% | 217.04% |
FCF Margin | 32.02% | 30.18% | 32.06% | 36.89% | 55.33% | 33.73% |
Free Cash Flow Per Share | 6.18 | 5.17 | 4.93 | 5.91 | 8.60 | 4.73 |