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). Check Independent Bank (INDB) strategic asset index to assess the company's strategic physical and investment asset allocation.
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. See working capital position of Independent Bank to evaluate short-term liquidity relative to the company's equity base.
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 Independent Bank (INDB) total market value.
| 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 | — |