Independent Bank Capital Reinvestment Ratio
Independent Bank capital reinvestment ratio. Independent Bank (INDB) has a Capital Reinvestment Ratio of 0.09x as of June 2026, meaning it reinvests 0% of its operating cash flow ($73.40 Million) in capital expenditures ($6.43 Million). Check INDB total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Independent Bank (1991–2025)
Capital reinvestment ratio of Independent Bank from 1991 to 2025. This chart tracks Independent Bank's Capital Reinvestment Ratio across 35 annual periods. Also explore INDB net asset momentum to track the company's year-over-year net asset growth rate.
Independent Bank Capital Reinvestment Ratio by Year (1991–2025)
Independent Bank capital reinvestment ratio by year from 1991 to 2025. For the full cash flow conversion analysis, see Independent Bank (INDB) cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | $251.16 Million | $12.13 Million | ▼ -45.6% |
| 2024 | 0.09x | $229.92 Million | $20.43 Million | ▲ +55.4% |
| 2023 | 0.06x | $276.99 Million | $15.84 Million | ▲ +9.2% |
| 2022 | 0.05x | $421.20 Million | $22.07 Million | ▼ -60.4% |
| 2021 | 0.13x | $190.22 Million | $25.20 Million | ▼ -32.0% |
| 2020 | 0.19x | $64.64 Million | $12.59 Million | ▲ +154.2% |
| 2019 | 0.08x | $216.52 Million | $16.58 Million | ▼ -2.2% |
| 2018 | 0.08x | $141.84 Million | $11.11 Million | ▼ -59.1% |
| 2017 | 0.19x | $130.91 Million | $25.08 Million | ▲ +72.0% |
| 2016 | 0.11x | $93.34 Million | $10.39 Million | ▼ -4.9% |
| 2015 | 0.12x | $89.54 Million | $10.49 Million | ▲ +37.8% |
| 2014 | 0.09x | $90.31 Million | $7.68 Million | ▲ +29.3% |
| 2013 | 0.07x | $141.34 Million | $9.29 Million | ▼ -53.9% |
| 2012 | 0.14x | $43.95 Million | $6.26 Million | ▼ -3.3% |
| 2011 | 0.15x | $56.47 Million | $8.32 Million | ▼ -2.1% |
| 2010 | 0.15x | $46.65 Million | $7.02 Million | ▼ -28.4% |
| 2009 | 0.21x | $31.42 Million | $6.60 Million | ▼ -43.5% |
| 2008 | 0.37x | $22.10 Million | $8.22 Million | ▲ +140.3% |
| 2007 | 0.15x | $37.63 Million | $5.83 Million | ▲ +23.2% |
| 2006 | 0.13x | $33.35 Million | $4.19 Million | ▲ +6.6% |
| 2005 | 0.12x | $45.78 Million | $5.39 Million | ▼ -52.4% |
| 2004 | 0.25x | $19.32 Million | $4.79 Million | ▲ +88.4% |
| 2003 | 0.13x | $42.69 Million | $5.61 Million | ▼ -38.8% |
| 2002 | 0.21x | $23.53 Million | $5.06 Million | ▲ +48.9% |
| 2001 | 0.14x | $28.67 Million | $4.14 Million | ▼ -72.8% |
| 2000 | 0.53x | $17.56 Million | $9.31 Million | ▲ +682.9% |
| 1999 | 0.07x | $33.15 Million | $2.25 Million | ▼ -68.6% |
| 1998 | 0.22x | $23.20 Million | $5.00 Million | ▼ -6.1% |
| 1997 | 0.23x | $18.30 Million | $4.20 Million | ▼ -6.3% |
| 1996 | 0.25x | $15.10 Million | $3.70 Million | ▲ +23.2% |
| 1995 | 0.20x | $17.60 Million | $3.50 Million | ▲ +45.6% |
| 1994 | 0.14x | $18.30 Million | $2.50 Million | ▲ +135.3% |
| 1993 | 0.06x | $15.50 Million | $900.00K | ▲ +48.1% |
| 1992 | 0.04x | $15.30 Million | $600.00K | ▲ +46.4% |
| 1991 | 0.03x | $11.20 Million | $300.00K | — |