Independent Bank Corp.
NASDAQ:INDB
68.14 (USD) • At close February 4, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | |||||||||||||||||||||||||||||||||
| Net Income
| 239.502 | 263.813 | 120.992 | 121.167 | 165.175 | 121.622 | 87.204 | 76.648 | 64.96 | 59.845 | 50.254 | 42.627 | 45.436 | 40.24 | 22.989 | 23.964 | 28.381 | 32.851 | 33.205 | 30.767 | 26.431 | 25.066 | 22.052 | 15.19 | 17.031 | 16.1 | 14.2 | 11.6 | 10.4 | 8.1 | 4.6 | 0.2 | -11.9 |
| Depreciation & Amortization
| 25.778 | 38.799 | 32.824 | 27.262 | 19.439 | 15.994 | 15.681 | 14.354 | 12.285 | 11.011 | 8.49 | 10.212 | 9.634 | 9.88 | 5.744 | 6.749 | 5.659 | 6.371 | 5.978 | 5.872 | 5.558 | 4.311 | 7.586 | 5.6 | 4.544 | 4.2 | 3.2 | 3.1 | 3.2 | 5.4 | 3.3 | 2.5 | 2.3 |
| Deferred Income Tax
| 2.738 | -1.254 | 3.09 | -17.506 | 10.594 | -4.497 | 9.677 | -0.005 | 10.22 | 2.84 | 2.557 | -1.919 | 0.091 | -2.494 | -2.281 | -9.302 | -1.822 | 1.002 | -2.291 | -0.46 | 0.081 | -2.549 | 0.534 | 0.287 | 0.075 | 0.1 | 0.8 | 2 | 0 | -2 | 0 | 0 | 0 |
| Stock Based Compensation
| 6.377 | 4.464 | 4.309 | 4.123 | 4.403 | 4.225 | 3.333 | 2.965 | 2.49 | 2.712 | 2.462 | 2.845 | 2.483 | 1.666 | 0.774 | 0.526 | 0.391 | 0.159 | 0.003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| -1.677 | 141.743 | 65.926 | -93.973 | 38.69 | 5.709 | 16.935 | -1.621 | 2.056 | 2.653 | 72.192 | -28.065 | -9.981 | -17.591 | -11.465 | -17.262 | 2.623 | -11.122 | -0.986 | -7.576 | -0.798 | -0.531 | -4.53 | -5.331 | 8.175 | -30.2 | -1.2 | -3 | 2.8 | 5.1 | 0 | 3.2 | -0.6 |
| Accounts Receivables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Working Capital
| -1.677 | 141.743 | 65.926 | -93.973 | 38.69 | 5.709 | 16.935 | -1.621 | 2.056 | 7.122 | 72.192 | -28.065 | 0 | -17.591 | -11.465 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non Cash Items
| 4.276 | -26.365 | -36.921 | 23.563 | -21.779 | -1.216 | -1.921 | 0.995 | -2.468 | 5.678 | 5.38 | 15.984 | 7.868 | 14.952 | 21.754 | 17.423 | 2.399 | 4.088 | 9.87 | -5.67 | 17.03 | -7.142 | 3.191 | 2.161 | 3.881 | 3.7 | 1.6 | 1.4 | 1.2 | 1.7 | 7.6 | 9.4 | 21.4 |
| Operating Cash Flow
| 276.994 | 421.2 | 190.22 | 64.636 | 216.522 | 141.837 | 130.909 | 93.336 | 89.543 | 84.739 | 141.335 | 41.684 | 55.531 | 46.653 | 37.515 | 22.098 | 37.631 | 33.349 | 45.779 | 19.323 | 42.685 | 23.527 | 28.67 | 17.562 | 33.146 | -6.8 | 18.6 | 15.1 | 17.6 | 18.3 | 15.5 | 15.3 | 11.2 |
| Investing Activities: | |||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -16.006 | -22.072 | -25.2 | -12.586 | -16.583 | -11.106 | -25.08 | -10.395 | -10.488 | -7.678 | -9.293 | -6.263 | -8.317 | -7.022 | -6.601 | -8.161 | -5.825 | -4.189 | -5.395 | -4.788 | -5.614 | -5.056 | -4.137 | -9.313 | -2.245 | -5 | -4.2 | -3.7 | -3.5 | -2.5 | -0.9 | -0.6 | -0.3 |
| Acquisitions Net
| 0 | 3.344 | 787.301 | -505.431 | -105.264 | -6.906 | 6.289 | 8.668 | -13.448 | -265.742 | 10.52 | -8.965 | -0.457 | -187.337 | 97.335 | -13.67 | -4.227 | 4.189 | 0.107 | 31.9 | 5.614 | 5.056 | 4.137 | 153.155 | 2.245 | 5 | 4.2 | 3.7 | 3.5 | 2.5 | 0.9 | 0.6 | 0.3 |
| Purchases Of Investments
| -32.914 | -962.15 | -1,916.077 | -348.219 | -139.407 | -284.277 | -237.563 | -177.495 | -250.14 | -117.477 | -270.002 | -127.886 | -98.318 | -178.68 | -161.347 | -267.743 | -100.636 | -8.525 | -132.692 | -350.356 | -470.512 | -250.551 | -382.747 | -218.425 | -81.601 | -217.9 | -238.6 | -142.8 | -52.3 | -52.7 | -140.6 | -189.1 | -143.4 |
| Sales Maturities Of Investments
| 247.601 | 306.666 | 360.251 | 370.598 | 225.419 | 170.525 | 133.975 | 161.384 | 152.864 | 96.746 | 134.398 | 163.818 | 167.041 | 202.601 | 334.674 | 213.291 | 114.802 | 207.997 | 219.638 | 202.132 | 452.749 | 309.489 | 266.335 | 76.878 | 121.141 | 175.5 | 108.7 | 79.9 | 53.2 | 53.8 | 67.8 | 190.1 | 67.5 |
| Other Investing Activites
| -410.331 | -326.262 | 730.589 | 7.427 | 55.995 | -255.747 | -194.39 | -221.048 | -84.329 | 7.045 | -74.219 | -286.375 | -249.777 | 6.654 | -64.981 | -123.511 | -21.403 | 16.389 | -133.095 | -238.159 | -166.612 | -127.881 | -120.234 | -23.656 | -92.295 | -121.1 | -138.3 | -72 | -41.7 | -107.9 | 11.2 | 47.7 | 168.3 |
| Investing Cash Flow
| -211.65 | -1,000.474 | -63.136 | -488.211 | 20.16 | -387.511 | -316.769 | -238.886 | -205.541 | -287.106 | -208.596 | -265.671 | -189.828 | -163.784 | 199.08 | -199.794 | -17.289 | 215.861 | -51.437 | -359.271 | -184.375 | -68.943 | -236.646 | -21.361 | -52.755 | -163.5 | -268.2 | -134.9 | -40.8 | -106.8 | -61.6 | 48.7 | 92.4 |
| Financing Activities: | |||||||||||||||||||||||||||||||||
| Debt Repayment
| 0 | -39.063 | -604.838 | -77.187 | -80.749 | 64.571 | 0 | -59.836 | -89 | 30 | -79.946 | -78.044 | -27.179 | -59.108 | -243.132 | 28.999 | 10.579 | -94.161 | -67.351 | 185.489 | 53.214 | -46.832 | 112.034 | -84.424 | -37.104 | 148.3 | 167.1 | 48.3 | -27.4 | 36.6 | 2.3 | 5.5 | 0 |
| Common Stock Issued
| 0 | 2.359 | 1.966 | 2.329 | 5.232 | 2.896 | 1.85 | 2.524 | 0 | 1.555 | 0.969 | 1.691 | 0 | 0 | 78.158 | 76.236 | 1.029 | 1.344 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| -190.052 | -141.03 | -1.249 | -96.278 | -1.463 | -1.371 | -1.422 | -0.696 | -0.657 | 259.342 | 218.599 | 300.286 | -0.361 | 0 | -78.158 | 128.437 | -30.696 | -24.826 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| -98.006 | -93.734 | -62.736 | -60.84 | -53.274 | -40.167 | -34.045 | -29.711 | -26.172 | -22.443 | -15.122 | -22.494 | -16.038 | -15.237 | -14.573 | -11.135 | -9.495 | -9.482 | -9.067 | -8.153 | -7.414 | -6.776 | -6.15 | -5.701 | -5.706 | -5.8 | -5 | -3.3 | -2.5 | -0.6 | 0 | 0 | 0 |
| Other Financing Activities
| 94.111 | -1,037.009 | 1,484.538 | 1,803.542 | -200.677 | 258.609 | 143.926 | 246.599 | 328.681 | 156.739 | 163.18 | 302.495 | 254.097 | 230.853 | 92.908 | 141.828 | -62.629 | -113.745 | 145.259 | 151.005 | 94.606 | 100.543 | 116.407 | 93.95 | 38.489 | 55.1 | 98.4 | 47.3 | 74.5 | 53.2 | 14.4 | -65.1 | -153.4 |
| Financing Cash Flow
| -193.947 | -1,308.477 | 816.964 | 1,569.237 | -336.163 | 283.013 | 109.881 | 158.88 | 213.509 | 164.296 | 68.112 | 201.957 | 210.519 | 156.508 | -164.797 | 160.387 | -91.217 | -240.87 | 69.913 | 330.149 | 142.699 | 46.935 | 222.938 | 4.136 | -8.921 | 191.4 | 261.2 | 93 | 45 | 89.3 | 16.7 | -38.3 | -153.4 |
| Other Information: | |||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 170.3 | 249.6 | 119.8 | 23.2 | 88.5 | 46.1 | -64 | -103.6 |
| Net Change In Cash
| -128.603 | -1,887.751 | 944.048 | 1,145.662 | -99.481 | 37.339 | -75.979 | 13.33 | 97.511 | -38.071 | 0.851 | -22.03 | 76.222 | 39.377 | 71.798 | -17.309 | -70.875 | 8.34 | 64.255 | -9.799 | 1.009 | 1.519 | 14.962 | 0.337 | -28.53 | 191.4 | 261.2 | 93 | 45 | 89.3 | 16.7 | -38.3 | -153.4 |
| Cash At End Of Period
| 224.33 | 352.933 | 2,240.684 | 1,296.636 | 150.974 | 250.455 | 213.116 | 289.095 | 275.765 | 178.254 | 216.325 | 215.474 | 237.504 | 161.282 | 121.905 | 50.107 | 67.416 | 138.291 | 129.951 | 65.696 | 75.495 | 74.486 | 72.967 | 58.005 | 57.668 | 256.4 | 314.7 | 173.4 | 103.6 | 147.2 | 103.9 | 23.2 | -42.1 |