Independent Bank Corp.
INDB · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $192,081 | $239,502 | $263,813 | $120,992 |
| Dep. & Amort. | $40,889 | $36,102 | $38,799 | $32,824 |
| Deferred Tax | -$10,600 | $2,738 | -$1,254 | $3,090 |
| Stock-Based Comp. | $6,523 | $6,377 | $4,464 | $4,309 |
| Change in WC | -$10,136 | -$1,677 | $141,743 | $65,926 |
| Other Non-Cash | $11,164 | -$6,048 | -$26,365 | -$36,921 |
| Operating Cash Flow | $229,921 | $276,994 | $421,200 | $190,220 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$20,435 | -$15,844 | -$22,072 | -$25,200 |
| Net Acquisitions | $0 | $0 | $0 | $787,301 |
| Inv. Purchases | -$163,490 | -$31,815 | -$962,150 | -$1,916,077 |
| Inv. Sales/Matur. | $373,543 | $247,601 | $306,666 | $360,251 |
| Other Inv. Act. | -$222,628 | -$411,592 | -$322,918 | $730,589 |
| Investing Cash Flow | -$33,010 | -$211,650 | -$1,000,474 | -$63,136 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$517,000 | $1,105,000 | -$39,063 | -$604,838 |
| Stock Issued | $3,334 | $0 | $0 | $0 |
| Stock Repurch. | -$31,801 | $0 | $0 | $0 |
| Dividends Paid | -$96,200 | -$98,006 | -$93,734 | -$62,736 |
| Other Fin. Act. | $440,316 | -$1,200,941 | -$1,175,680 | $1,484,538 |
| Financing Cash Flow | -$201,351 | -$193,947 | -$1,308,477 | $816,964 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$4,440 | -$128,603 | -$1,887,751 | $944,048 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $224,330 | $352,933 | $2,240,684 | $1,296,636 |
| End Cash | $219,890 | $224,330 | $352,933 | $2,240,684 |
| Free Cash Flow | $209,486 | $261,150 | $399,128 | $165,020 |