← INDEPENDENT BANK CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Property, Plant and Equipment, Net | $78.5m | $94.7m | $97.6m | $123.7m | $116.4m | $195.6m | $196.5m | $193.0m | $193.3m | $218.2m | |
| Goodwill | $221.5m | $231.8m | $256.1m | $506.2m | $506.2m | $985.1m | $985.1m | $985.1m | $985.1m | $1.1b | |
| Intangible Assets, Net (Excluding Goodwill) | $9.8m | $9.3m | $15.2m | $29.3m | $23.1m | $32.8m | $25.1m | $18.2m | $12.3m | $133.6m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $56.6m | $49.7m | $60.2m | $58.9m | $54.1m | $54.5m | $73.2m | |
| Additional Financial Items | |||||||||||
| Assets | $7.7b | $8.1b | $8.9b | $11.4b | $13.2b | $20.4b | $19.3b | $19.3b | $19.4b | $24.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Long-term Debt, Excluding Current Maturities | $107.7m | $107.8m | $110.9m | $187.4m | $145.3m | $126.7m | $112.7m | $112.8m | $62.9m | $359.3m | |
| Liabilities | $6.8b | $7.1b | $7.8b | $9.7b | $11.5b | $17.4b | $16.4b | $16.5b | $16.4b | $21.3b | |
| Commitments and Contingencies | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $268k | $273k | $279k | $342k | $328k | $472k | $455k | $427k | $423k | $490k | |
| Additional Paid in Capital | $451.7m | $479.4m | $527.6m | $1.0b | $945.6m | $2.2b | $2.1b | $1.9b | $1.9b | $2.3b | |
| Retained Earnings (Accumulated Deficit) | $414.1m | $465.9m | $546.7m | $654.2m | $716.0m | $766.7m | $934.4m | $1.1b | $1.2b | $1.3b | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($1.3m) | ($1.8m) | ($1.2m) | $18.2m | $40.7m | $2.2m | ($163.1m) | ($114.8m) | ($90.0m) | ($39.8m) | |
| Stockholders' Equity Attributable to Parent | $864.7m | $943.8m | $1.1b | $1.7b | $1.7b | $3.0b | $2.9b | $2.9b | $3.0b | $3.6b | |
| Liabilities and Equity | $7.7b | $8.1b | $8.9b | $11.4b | $13.2b | $20.4b | $19.3b | $19.3b | $19.4b | $24.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.