Independent Bank (INDB) — Financial Flexibility Index
Independent Bank (INDB) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of $123.63 Million (operating CF $118.02 Million minus capex $5.60 Million) represents 0% of total liabilities ($21.24 Billion). Also explore INDB year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Independent Bank Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Independent Bank across 35 annual periods. Check Independent Bank (INDB) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Independent Bank (1991–2025)
Year-by-year free cash flow to debt coverage for Independent Bank. For the full company profile including market capitalisation, see market cap of Independent Bank.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.01x | $263.30 Million | $251.16 Million | $21.35 Billion | ▼ -19.3% |
| 2024 | 0.02x | $250.36 Million | $229.92 Million | $16.38 Billion | ▼ -14.1% |
| 2023 | 0.02x | $292.84 Million | $276.99 Million | $16.45 Billion | ▼ -34.1% |
| 2022 | 0.03x | $443.27 Million | $421.20 Million | $16.41 Billion | ▲ +118.3% |
| 2021 | 0.01x | $215.42 Million | $190.22 Million | $17.40 Billion | ▲ +84.3% |
| 2020 | 0.01x | $77.22 Million | $64.64 Million | $11.50 Billion | ▼ -99.1% |
| 2019 | 0.77x | $233.10 Million | $216.52 Million | $303.10 Million | ▲ +3811.2% |
| 2018 | 0.02x | $152.94 Million | $141.84 Million | $7.78 Billion | ▼ -10.0% |
| 2017 | 0.02x | $155.99 Million | $130.91 Million | $7.14 Billion | ▲ +44.2% |
| 2016 | 0.02x | $103.73 Million | $93.34 Million | $6.84 Billion | ▼ -2.5% |
| 2015 | 0.02x | $100.03 Million | $89.54 Million | $6.44 Billion | ▼ -9.2% |
| 2014 | 0.02x | $97.98 Million | $90.31 Million | $5.72 Billion | ▼ -37.4% |
| 2013 | 0.03x | $150.63 Million | $141.34 Million | $5.51 Billion | ▲ +184.7% |
| 2012 | 0.01x | $50.22 Million | $43.95 Million | $5.23 Billion | ▼ -33.3% |
| 2011 | 0.01x | $64.79 Million | $56.47 Million | $4.50 Billion | ▲ +14.2% |
| 2010 | 0.01x | $53.67 Million | $46.65 Million | $4.26 Billion | ▲ +34.9% |
| 2009 | 0.01x | $38.02 Million | $31.42 Million | $4.07 Billion | ▲ +2.4% |
| 2008 | 0.01x | $30.32 Million | $22.10 Million | $3.32 Billion | ▼ -46.5% |
| 2007 | 0.02x | $43.46 Million | $37.63 Million | $2.55 Billion | ▲ +18.1% |
| 2006 | 0.01x | $37.54 Million | $33.35 Million | $2.60 Billion | ▼ -20.6% |
| 2005 | 0.02x | $51.17 Million | $45.78 Million | $2.81 Billion | ▲ +106.2% |
| 2004 | 0.01x | $24.11 Million | $19.32 Million | $2.73 Billion | ▼ -59.5% |
| 2003 | 0.02x | $48.30 Million | $42.69 Million | $2.22 Billion | ▲ +58.3% |
| 2002 | 0.01x | $28.58 Million | $23.53 Million | $2.08 Billion | ▼ -16.5% |
| 2001 | 0.02x | $32.81 Million | $28.67 Million | $1.99 Billion | ▲ +9.4% |
| 2000 | 0.02x | $26.88 Million | $17.56 Million | $1.78 Billion | ▼ -37.7% |
| 1999 | 0.02x | $35.39 Million | $33.15 Million | $1.46 Billion | ▲ +24.4% |
| 1998 | 0.02x | $28.20 Million | $23.20 Million | $1.45 Billion | ▲ +7.9% |
| 1997 | 0.02x | $22.50 Million | $18.30 Million | $1.25 Billion | ▼ -3.0% |
| 1996 | 0.02x | $18.80 Million | $15.10 Million | $1.01 Billion | ▼ -19.4% |
| 1995 | 0.02x | $21.10 Million | $17.60 Million | $915.00 Million | ▼ -4.1% |
| 1994 | 0.02x | $20.80 Million | $18.30 Million | $865.00 Million | ▲ +13.2% |
| 1993 | 0.02x | $16.40 Million | $15.50 Million | $772.30 Million | ▲ +0.8% |
| 1992 | 0.02x | $15.90 Million | $15.30 Million | $754.40 Million | ▲ +49.4% |
| 1991 | 0.01x | $11.50 Million | $11.20 Million | $815.00 Million | — |