Independent Bank Corp (IBCP)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 12-2024 | 12-2023 | 12-2022 | 12-2021 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 68,541 | 66,790 | 59,067 | 63,351 | 62,895 |
| Depreciation Amortization | 9,906 | 10,005 | 10,019 | 10,827 | 12,130 |
| Income taxes - deferred | -3,531 | -1,248 | 215 | -359 | 1,912 |
| Other Working Capital | -7,475 | -19,624 | -2,373 | 13,054 | 34,609 |
| Loans | 287 | 4,546 | 15,841 | 24,249 | 29,107 |
| Other Operating Activity | 8,934 | 2,682 | -7,180 | -16,490 | -30,499 |
| Operating Cash Flow | $76,662 | $63,151 | $75,589 | $94,632 | $110,154 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -6,494 | -6,990 | -4,376 | -3,846 | -5,774 |
| Purchase Of Investment | -29,675 | -3,628 | -2,218 | -140,208 | -824,348 |
| Sale Of Investment | 137,363 | 141,267 | 146,711 | 260,811 | 461,094 |
| Net Loans | -225,847 | -251,020 | -305,048 | -542,505 | -195,507 |
| Other Investing Activity | 2,156 | 2,212 | 1,986 | 1,156 | 1,471 |
| Investing Cash Flow | $-122,497 | $-118,159 | $-162,945 | $-424,592 | $-563,064 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 306,994 | 129,983 | 74,020 | 350,997 | 99,997 |
| Debt Repayment | -315,000 | -135,000 | -110,000 | -295,000 | -100,000 |
| Common Stock Issued | 0 | 13 | 70 | 77 | 61 |
| Common Stock Repurchased | -12,433 | 0 | -5,157 | -4,010 | -17,269 |
| Dividend Paid | -21,600 | -20,045 | -19,327 | -18,565 | -18,155 |
| Other Financing Activity | -1,215 | -1,051 | -650 | -620 | -691 |
| Financing Cash Flow | $64,340 | $5,109 | $182,766 | $294,858 | $443,678 |
| Beginning Cash Position | 119,882 | 169,781 | 74,371 | 109,473 | 118,705 |
| End Cash Position | 138,387 | 119,882 | 169,781 | 74,371 | 109,473 |
| Net Cash Flow | $18,505 | $-49,899 | $95,410 | $-35,102 | $-9,232 |
| Free Cash Flow | |||||
| Operating Cash Flow | 76,662 | 63,151 | 75,589 | 94,632 | 110,154 |
| Capital Expenditure | -6,494 | -7,950 | -6,024 | -5,679 | -5,837 |
| Free Cash Flow | 70,168 | 55,201 | 69,565 | 88,953 | 104,317 |