Independent Bank (INDB) - Total Assets
Based on the latest financial reports, Independent Bank (INDB) holds total assets worth $24.97 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Independent Bank - Total Assets Trend (1991–2025)
This chart illustrates how Independent Bank's total assets have evolved over time, based on quarterly financial data. Also see market value of Independent Bank for the company's overall valuation and market capitalisation.
Independent Bank - Asset Composition Analysis
Current Asset Composition (December 2025)
Independent Bank's total assets of $24.97 Billion consist of 0.9% current assets and 99.1% non-current assets. Review Independent Bank total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $9.00 Million | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $133.58 Million | 0.5% |
| Goodwill | $1.09 Billion | 4.4% |
Asset Composition Trend (1991–2025)
This chart illustrates how Independent Bank's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See INDB live share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Independent Bank's current assets represent 0.9% of total assets in 2025, a decrease from 8.2% in 1991.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2025, down from 8.2% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is goodwill at 4.4% of total assets.
Independent Bank Competitors by Total Assets
Key competitors of Independent Bank based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PT BK CE.AS.ADR/25 RP625
F:BZG
|
Germany | €1586.83 Trillion |
|
Santander Bank Polska S.A.
WAR:SPL
|
Poland | zł308.15 Billion |
|
Banco Santander Chile
NYSE:BSAC
|
USA | $70.32 Trillion |
|
Bank of Baroda
NSE:BANKBARODA
|
India | Rs19.71 Trillion |
|
Turkiye Is Bankasi AS Class C
IS:ISCTR
|
Turkey | TL5.39 Trillion |
|
Ringkjoebing Landbobank A/S
CO:RILBA
|
Denmark | Dkr90.92 Billion |
|
Moneta Money Bank AS
PR:MONET
|
Czech Republic | Kč525.16 Billion |
|
ABSA Bank Limited
JSE:ABSP
|
South Africa | ZAC1.16 Trillion |
Independent Bank - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.14 | 0.28 |
| Quick Ratio | 0.01 | 0.14 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-20.48 Billion | $-13.71 Billion | $-8.83 Billion |
Independent Bank - Advanced Valuation Insights
This section examines the relationship between Independent Bank's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.13 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 28.6% |
| Total Assets | $24.91 Billion |
| Market Capitalization | $3.91 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Independent Bank's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Independent Bank's assets grew by 28.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Independent Bank (1991–2025)
The table below shows the annual total assets of Independent Bank from 1991 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $24.91 Billion | +28.59% |
| 2024-12-31 | $19.37 Billion | +0.14% |
| 2023-12-31 | $19.35 Billion | +0.28% |
| 2022-12-31 | $19.29 Billion | -5.53% |
| 2021-12-31 | $20.42 Billion | +54.67% |
| 2020-12-31 | $13.20 Billion | +15.88% |
| 2019-12-31 | $11.40 Billion | +28.74% |
| 2018-12-31 | $8.85 Billion | +9.52% |
| 2017-12-31 | $8.08 Billion | +4.83% |
| 2016-12-31 | $7.71 Billion | +6.93% |
| 2015-12-31 | $7.21 Billion | +13.28% |
| 2014-12-31 | $6.36 Billion | +4.36% |
| 2013-12-31 | $6.10 Billion | +5.94% |
| 2012-12-31 | $5.76 Billion | +15.83% |
| 2011-12-31 | $4.97 Billion | +5.85% |
| 2010-12-31 | $4.70 Billion | +4.77% |
| 2009-12-31 | $4.48 Billion | +23.52% |
| 2008-12-31 | $3.63 Billion | +31.07% |
| 2007-12-31 | $2.77 Billion | -2.14% |
| 2006-12-31 | $2.83 Billion | -7.00% |
| 2005-12-31 | $3.04 Billion | +3.32% |
| 2004-12-31 | $2.94 Billion | +20.81% |
| 2003-12-31 | $2.44 Billion | +6.62% |
| 2002-12-31 | $2.29 Billion | +3.92% |
| 2001-12-31 | $2.20 Billion | +12.78% |
| 2000-12-31 | $1.95 Billion | +22.64% |
| 1999-12-31 | $1.59 Billion | +0.95% |
| 1998-12-31 | $1.58 Billion | +14.97% |
| 1997-12-31 | $1.37 Billion | +25.37% |
| 1996-12-31 | $1.09 Billion | +10.65% |
| 1995-12-31 | $987.60 Million | +6.28% |
| 1994-12-31 | $929.20 Million | +11.99% |
| 1993-12-31 | $829.70 Million | +2.80% |
| 1992-12-31 | $807.10 Million | -4.63% |
| 1991-12-31 | $846.30 Million | -- |
About Independent Bank
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and cons… Read more