Independent Bank Cash Flow Quality Index
Independent Bank cash flow quality index. Independent Bank (INDB) has a Cash Flow Quality Index of 0.45x as of June 2026. Operating cash flow of $73.40 Million is below net income of $161.76 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial agility of Independent Bank to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Independent Bank (1992–2025)
Cash flow quality index of Independent Bank from 1992 to 2025. Historical Cash Flow Quality Index for Independent Bank across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore INDB operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Independent Bank Cash Flow Quality Index by Year (1992–2025)
Independent Bank cash flow quality index by year from 1992 to 2025. Year-by-year earnings quality comparison for Independent Bank. For the full cash flow conversion analysis, see cash flow conversion of Independent Bank.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.22x | $251.16 Million | $205.12 Million | ▲ +2.3% |
| 2024 | 1.20x | $229.92 Million | $192.08 Million | ▲ +3.5% |
| 2023 | 1.16x | $276.99 Million | $239.50 Million | ▼ -27.6% |
| 2022 | 1.60x | $421.20 Million | $263.81 Million | ▲ +1.6% |
| 2021 | 1.57x | $190.22 Million | $120.99 Million | ▲ +194.7% |
| 2020 | 0.53x | $64.64 Million | $121.17 Million | ▼ -59.3% |
| 2019 | 1.31x | $216.52 Million | $165.18 Million | ▲ +12.4% |
| 2018 | 1.17x | $141.84 Million | $121.62 Million | ▼ -22.3% |
| 2017 | 1.50x | $130.91 Million | $87.20 Million | ▲ +23.3% |
| 2016 | 1.22x | $93.34 Million | $76.65 Million | ▼ -11.7% |
| 2015 | 1.38x | $89.54 Million | $64.96 Million | ▼ -8.7% |
| 2014 | 1.51x | $90.31 Million | $59.84 Million | ▼ -46.3% |
| 2013 | 2.81x | $141.34 Million | $50.25 Million | ▲ +172.8% |
| 2012 | 1.03x | $43.95 Million | $42.63 Million | ▼ -17.0% |
| 2011 | 1.24x | $56.47 Million | $45.44 Million | ▲ +7.2% |
| 2010 | 1.16x | $46.65 Million | $40.24 Million | ▼ -15.2% |
| 2009 | 1.37x | $31.42 Million | $22.99 Million | ▲ +48.2% |
| 2008 | 0.92x | $22.10 Million | $23.96 Million | ▼ -30.5% |
| 2007 | 1.33x | $37.63 Million | $28.38 Million | ▲ +30.6% |
| 2006 | 1.02x | $33.35 Million | $32.85 Million | ▼ -26.4% |
| 2005 | 1.38x | $45.78 Million | $33.20 Million | ▲ +119.5% |
| 2004 | 0.63x | $19.32 Million | $30.77 Million | ▼ -61.1% |
| 2003 | 1.61x | $42.69 Million | $26.43 Million | ▲ +72.1% |
| 2002 | 0.94x | $23.53 Million | $25.07 Million | ▼ -27.8% |
| 2001 | 1.30x | $28.67 Million | $22.05 Million | ▲ +12.5% |
| 2000 | 1.16x | $17.56 Million | $15.19 Million | ▼ -40.6% |
| 1999 | 1.95x | $33.15 Million | $17.03 Million | ▲ +35.1% |
| 1998 | 1.44x | $23.20 Million | $16.10 Million | ▲ +11.8% |
| 1997 | 1.29x | $18.30 Million | $14.20 Million | ▼ -1.0% |
| 1996 | 1.30x | $15.10 Million | $11.60 Million | ▼ -23.1% |
| 1995 | 1.69x | $17.60 Million | $10.40 Million | ▼ -25.1% |
| 1994 | 2.26x | $18.30 Million | $8.10 Million | ▼ -33.0% |
| 1993 | 3.37x | $15.50 Million | $4.60 Million | ▼ -95.6% |
| 1992 | 76.50x | $15.30 Million | $200.00K | — |