← INDEPENDENT BANK CORP INDB
Market Price
$85.95
Market Cap
$4.07B
P/E Ratio
19.36
Revenue (FY 2025)
↑24.3% YoY
$857.52M
3-Yr CAGR: 5.6%
Net Income
↑6.8% YoY
$205.12M
Net Margin: 23.9%
Free Cash Flow
↑14.1% YoY
$239.03M
FCF Yield: 5.87%
EPS (Diluted)
↓-1.8% YoY
$4.44
Basic: $4.44
Return on Equity
Efficiency
5.8%
ROA: 153.6%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (INDB)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $227.8M | — | $209.1M | $76.6M | — | $2.90 | — | $93.3M | $82.9M | — |
| FY 2017 | $280.8M | +23.2% | $262.4M | $87.2M | +13.8% | $3.19 | +10.0% | $130.9M | $105.8M | +27.6% |
| FY 2018 | $321.7M | +14.6% | $296.1M | $121.6M | +39.5% | $4.40 | +37.9% | $141.8M | $130.7M | +23.5% |
| FY 2019 | $426.4M | +32.6% | $372.6M | $165.2M | +35.8% | $5.03 | +14.3% | $216.5M | $199.9M | +52.9% |
| FY 2020 | $395.2M | -7.3% | $360.9M | $121.2M | -26.6% | $3.64 | -27.6% | $64.6M | $52.0M | -74.0% |
| FY 2021 | $507.4M | +28.4% | $493.7M | $121.0M | -0.1% | $3.47 | -4.7% | $190.2M | $165.0M | +217.0% |
| FY 2022 | $727.9M | +43.5% | $698.3M | $263.8M | +118.0% | $5.69 | +64.0% | $421.2M | $399.1M | +141.9% |
| FY 2023 | $731.1M | +0.4% | $541.9M | $239.5M | -9.2% | $5.42 | -4.7% | $277.0M | $261.1M | -34.6% |
| FY 2024 | $689.7M | -5.7% | $398.7M | $192.1M | -19.8% | $4.52 | -16.6% | $229.9M | $209.5M | -19.8% |
| FY 2025 | $857.5M | +24.3% | $544.0M | $205.1M | +6.8% | $4.44 | -1.8% | $251.2M | $239.0M | +14.1% |
Valuation
Market Price
$85.95
Market Cap
$4.07B
Enterprise Value
N/A
P/E Ratio
19.36
P/B Ratio
1.15
FCF Yield
5.87%
Dividend Yield
2.75%
Shares Outstanding
Profitability & Margins
Gross Margin
63.43%
Operating Margin
30.96%
Net Margin
23.92%
Return on Equity (ROE)
5.75%
Return on Assets (ROA)
153.56%
Asset Turnover
6.42x
Revenue 3-Yr CAGR
5.61%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.101
Debt / Assets
2.690
Cash & Equivalents
N/A
Total Debt
$359.35M
Book Value / Share
$74.88
Cash Flow Efficiency
Operating Cash Flow
$251.16M
Capital Expenditures (CapEx)
$12.13M
Free Cash Flow
$239.03M
OCF / Revenue
29.29%
FCF / Revenue
27.87%
FCF 3-Yr CAGR
-15.71%
Per Share Metrics
EPS (Diluted)
$4.44
EPS (Basic)
$4.44
Dividends / Share
$2.36
Book Value / Share
$74.88
EPS YoY Growth
-1.77%
Balance Sheet (FY 2025)
Total Assets
$133.58M
Total Liabilities
$21.35B
Stockholders' Equity
$3.57B
Current Assets
N/A
Current Liabilities
N/A