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INDB - Independent Bank Corp.

NASDAQ -> Financial Services -> Banks—Regional
Rockland, United States
Type: Equity

INDB price evolution
INDB
(in millions $) 30 Oct 2024 30 Jul 2024 1 May 2024 31 Jan 2024
Current assets
Cash $313.88 $221.32 $224.33
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $192.2 $191.3 $192.56 $193.05
Goodwill & intangible assets $1000.23 $1001.7 $1003.26
Total noncurrent assets
Total investments $17366.51 $17385.36 $17414.02
Total assets $19408.12 $19411.04 $19324.61 $19347.37
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities
Long term debt $62.86 $62.86 $62.86 $112.84
Total noncurrent liabilities
Total debt $693.39 $1025.39 $1218.38
Total liabilities $16430.97 $16491.79 $16440.4 $16452.12
Shareholders' equity
Retained earnings $1146.91 $1128.18 $1101.06 $1077.49
Other shareholder equity -$77.2 -$114.22 -$119.34 -$114.83
Total shareholder equity $2919.25 $2884.21 $2895.25
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $224.33 $352.93 $2240.68 $1296.64
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $193.05 $196.5 $195.59 $116.39
Goodwill & intangible assets $1003.26 $1010.14 $1017.84 $529.31
Total noncurrent assets
Total investments $17414.02 $17206.88 $16430.61 $10710.67
Total assets $19347.37 $19294.17 $20423.4 $13204.3
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $56.28 $60.71 $64 $56
Long term debt $112.84 $112.74 $127 $145.32
Total noncurrent liabilities
Total debt $1218.38 $113.38 $152.37 $181.06
Total liabilities $16452.12 $16407.47 $17404.96 $11501.62
Shareholders' equity
Retained earnings $1077.49 $934.44 $766.72 $716.02
Other shareholder equity -$114.83 -$163.08 $2.18 $40.7
Total shareholder equity $2895.25 $2886.7 $3018.45 $1702.68
(in millions $) 30 Oct 2024 30 Jul 2024 1 May 2024 31 Jan 2024
Revenue
Total revenue $175.25 $170.26
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses
Operating income
Income from continuing operations
EBIT
Income tax expense $12.36 $15.06
Interest expense
Net income
Net income $42.95 $51.33
Income (for common shares)
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $731.13 $721.42 $426.67
Cost of revenue
Gross Profit $721.42 $426.67
Operating activities
Research & development
Selling, general & administrative $273.49 $206.02
Total operating expenses $373.66 $272.12
Operating income $347.75 $154.55
Income from continuing operations
EBIT $347.75 $152.84
Income tax expense $75.63 $83.94 $31.67
Interest expense
Net income
Net income $239.5 $263.81 $121.17
Income (for common shares) $263.81 $121.17
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Net income $51.33 $47.77 $54.8 $60.81
Operating activities
Depreciation $10.9 $10.29 $8.53 $9.19
Business acquisitions & disposals
Stock-based compensation $2.14 $1.3 $1.66 $1.13
Total cash flows from operations $65.65 $51.15 $53.51 $81.26
Investing activities
Capital expenditures -$3.72 -$4.44 -$6.29 -$2.84
Investments $18.29 $20.45 $24.02 -$57.35
Total cash flows from investing $16.12 $15.91 $19.27 -$56.29
Financing activities
Dividends paid -$24.2 -$23.58 -$24.28 -$24.27
Sale and purchase of stock $0.66 -$31.13 -$68.27 $0.64
Net borrowings -$332 -$193 $218 -$787.86
Total cash flows from financing $10.79 -$70.07 -$68.58 -$113.11
Effect of exchange rate
Change in cash and equivalents $92.56 -$3.01 $4.2 -$88.14
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $239.5 $263.81 $120.99 $121.17
Operating activities
Depreciation $36.1 $38.8 $32.82 $27.26
Business acquisitions & disposals $787.3
Stock-based compensation $6.38 $4.46 $4.31 $4.12
Total cash flows from operations $276.99 $421.2 $190.22 $64.64
Investing activities
Capital expenditures -$15.73 -$18.73 -$25.03 -$6.49
Investments -$201.29 -$984.74 -$785.82 -$484.97
Total cash flows from investing -$211.65 -$1000.47 -$63.14 -$488.21
Financing activities
Dividends paid -$98.01 -$93.73 -$62.74 -$60.84
Sale and purchase of stock -$187.31 -$138.67 $0.72 -$93.95
Net borrowings $1105 -$39.06 -$604.84 -$122.19
Total cash flows from financing -$193.95 -$1308.48 $816.96 $1569.24
Effect of exchange rate
Change in cash and equivalents -$128.6 -$1887.75 $944.05 $1145.66
Fundamentals
Market cap $3.18B
Enterprise value N/A
Shares outstanding 42.48M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q -4.45%
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 5.68
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A