Independent Bank Corp.

INDB Financial Banks Regional

Independent Bank Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 19.4% from fiscal 2024.

Revenue
+3.14%
EPS
+175.4%
Free cash flow
−34.6%
Total debt
−19.1%

Quarter to September 2026, against a year earlier

84.62 1.80 −2.08%
Market cap
$4.0B
P/E
12.5×
Fwd P/E
11.5×
Dividend yield
2.97%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independent Bank Corp. (INDB) Free cash flow margin

Alert me on Free cash flow margin

Independent Bank Corp.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 20.4 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from 11.3% (fiscal 2020) to 53.1% (fiscal 2022); the current reading is higher than 18% of that period. That is below the Banks Regional industry median of 18.0% and below the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 20.4% (0.93)
FY2024 21.4% (7.02)
FY2023 28.4% (24.74)
FY2022 53.1% 21.43
FY2021 31.7% 20.38
FY2020 11.3% (24.91)
FY2019 36.2% 3.98
FY2018 32.3% 1.12
FY2017 31.1% 5.95
FY2016 25.2% (0.60)

Against its own ten years

Low 11.3% High 53.1%
Ten-year median 28.4%
Current reading's percentile 18

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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