Independent Bank Corp. (INDB)

Independent Bank Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	3,686	2,728	2,886	3,854	2,695	2,408
Market Cap Growth	21.49%	-5.48%	-25.11%	43.01%	11.91%	-15.86%
Last Close Price	74.69	62.48	61.49	75.78	71.33	62.37
PE Ratio	18.45	14.20	12.05	14.61	22.27	19.87
PS Ratio	4.66	4.17	4.08	5.36	5.51	5.66
PB Ratio	1.05	0.91	1.00	1.34	0.89	1.41
P/FCF Ratio	18.51	13.02	11.05	9.65	16.33	46.26
P/OCF Ratio	17.21	11.86	10.42	9.15	14.17	37.25
Debt / Equity Ratio	0.24	0.29	0.46	0.09	0.07	0.18
Debt / FCF Ratio	4.20	4.11	5.08	0.65	1.34	5.75
Return on Equity (ROE)	5.51%	6.52%	8.28%	8.94%	5.13%	7.11%
Return on Assets (ROA)	0.81%	0.99%	1.24%	1.33%	0.72%	0.98%
Earnings Yield	4.86%	7.04%	8.30%	6.85%	4.49%	5.03%
FCF Yield	5.40%	7.68%	9.05%	10.36%	6.12%	2.16%
Dividend Yield	3.16%	3.65%	3.58%	2.74%	2.69%	2.95%
Payout Ratio	58.30%	50.08%	40.92%	35.53%	51.85%	50.21%
Buyback Yield / Dilution	-3.95%	3.81%	4.74%	-32.97%	-4.82%	-1.31%
Total Shareholder Return	-0.79%	7.45%	8.31%	-30.22%	-2.13%	1.64%

Updated Oct 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q