Independent Bank (INDB) — Cash Flow Reinvestment Rate
Independent Bank (INDB) has a Cash Flow Reinvestment Rate of 0.77x as of June 2026, reinvesting $56.31 Million (capex $6.43 Million plus investments $49.88 Million) from operating cash flow of $73.40 Million. See how much free cash does Independent Bank generate to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Independent Bank Cash Flow Reinvestment Rate (1991–2025)
Historical reinvestment intensity for Independent Bank across 35 annual periods. For the full cash flow conversion analysis, see Independent Bank (INDB) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Independent Bank (1991–2025)
Year-by-year capital reinvestment analysis for Independent Bank. See Independent Bank leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $36.53 Million | $251.16 Million | $12.13 Million | ▼ -37.4% |
| 2024 | 0.23x | $53.45 Million | $229.92 Million | $20.43 Million | ▼ -71.7% |
| 2023 | 0.82x | $227.49 Million | $276.99 Million | $15.84 Million | ▼ -66.2% |
| 2022 | 2.43x | $1.02 Billion | $421.20 Million | $22.07 Million | ▼ -70.4% |
| 2021 | 8.19x | $1.56 Billion | $190.22 Million | $25.20 Million | ▲ +10.7% |
| 2020 | 7.40x | $478.21 Million | $64.64 Million | $12.59 Million | ▲ +900.8% |
| 2019 | 0.74x | $160.07 Million | $216.52 Million | $16.58 Million | ▼ -72.1% |
| 2018 | 2.65x | $376.12 Million | $141.84 Million | $11.11 Million | ▲ +6.7% |
| 2017 | 2.49x | $325.34 Million | $130.91 Million | $25.08 Million | ▼ -3.9% |
| 2016 | 2.59x | $241.49 Million | $93.34 Million | $10.39 Million | ▲ +25.8% |
| 2015 | 2.06x | $184.21 Million | $89.54 Million | $10.49 Million | ▼ -33.1% |
| 2014 | 3.08x | $277.79 Million | $90.31 Million | $7.68 Million | ▲ +92.3% |
| 2013 | 1.60x | $226.07 Million | $141.34 Million | $9.29 Million | ▼ -73.5% |
| 2012 | 6.04x | $265.44 Million | $43.95 Million | $6.26 Million | ▲ +74.1% |
| 2011 | 3.47x | $195.88 Million | $56.47 Million | $8.32 Million | ▲ +2204.6% |
| 2010 | 0.15x | $7.02 Million | $46.65 Million | $7.02 Million | ▼ -28.4% |
| 2009 | 0.21x | $6.60 Million | $31.42 Million | $6.60 Million | ▼ -43.5% |
| 2008 | 0.37x | $8.22 Million | $22.10 Million | $8.22 Million | ▲ +140.3% |
| 2007 | 0.15x | $5.83 Million | $37.63 Million | $5.83 Million | ▲ +23.2% |
| 2006 | 0.13x | $4.19 Million | $33.35 Million | $4.19 Million | ▲ +6.6% |
| 2005 | 0.12x | $5.39 Million | $45.78 Million | $5.39 Million | ▼ -52.4% |
| 2004 | 0.25x | $4.79 Million | $19.32 Million | $4.79 Million | ▲ +88.4% |
| 2003 | 0.13x | $5.61 Million | $42.69 Million | $5.61 Million | ▼ -38.8% |
| 2002 | 0.21x | $5.06 Million | $23.53 Million | $5.06 Million | ▲ +48.9% |
| 2001 | 0.14x | $4.14 Million | $28.67 Million | $4.14 Million | ▼ -72.8% |
| 2000 | 0.53x | $9.31 Million | $17.56 Million | $9.31 Million | ▲ +682.9% |
| 1999 | 0.07x | $2.25 Million | $33.15 Million | $2.25 Million | ▼ -68.6% |
| 1998 | 0.22x | $5.00 Million | $23.20 Million | $5.00 Million | ▼ -6.1% |
| 1997 | 0.23x | $4.20 Million | $18.30 Million | $4.20 Million | ▼ -6.3% |
| 1996 | 0.25x | $3.70 Million | $15.10 Million | $3.70 Million | ▲ +23.2% |
| 1995 | 0.20x | $3.50 Million | $17.60 Million | $3.50 Million | ▲ +45.6% |
| 1994 | 0.14x | $2.50 Million | $18.30 Million | $2.50 Million | ▲ +135.3% |
| 1993 | 0.06x | $900.00K | $15.50 Million | $900.00K | ▲ +48.1% |
| 1992 | 0.04x | $600.00K | $15.30 Million | $600.00K | ▲ +46.4% |
| 1991 | 0.03x | $300.00K | $11.20 Million | $300.00K | — |