Independent Bank Cash Flow Statement
NASDAQ: IBCPFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Independent Bank free cash flow
In fiscal 2025, Independent Bank generated $76.7 million of operating cash flow and spent $6.5 million on capital expenditures. That left free cash flow of $70.2 million, a free-cash-flow margin of 218.8% of revenue. Free cash flow was up 27.1% from the prior year's $55.2 million.
Independent Bank returned $34.0 million to shareholders: $21.6 million in dividends and $12.4 million in share repurchases, equal to 49% of free cash flow. Free cash flow covered dividend payments 3.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Independent Bank cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 68.54M | 66.79M | 59.07M | 63.35M | 62.90M | 56.15M | 46.44M | 39.84M | 20.48M | 22.77M |
| Net Income growth (YoY) | +2.62% | +13.07% | -6.76% | +0.73% | +12.01% | +20.93% | +16.56% | +94.57% | -10.06% | +13.73% |
| Depreciation & Amortization | 9.91M | 10.01M | 10.02M | 10.83M | 12.13M | 9.16M | 6.06M | 6.03M | 6.96M | 5.22M |
| Stock-Based Compensation | 2.72M | 2.33M | 2.23M | 2.14M | 1.95M | 1.98M | 1.85M | 1.73M | 1.75M | 1.62M |
| Change in Working Capital | -25.65M | -25.19M | -14.62M | -25.84M | -11.67M | -7.97M | -6.06M | -4.89M | -3.71M | -7.18M |
| Operating Cash Flow | 76.66M | 63.15M | 75.59M | 94.63M | 110.15M | 58.68M | 34.49M | 44.92M | 38.61M | 23.70M |
| Capital Expenditures | -6.49M | -7.95M | -6.02M | -5.68M | -5.84M | -4.38M | -4.94M | -3.86M | -4.24M | -3.46M |
| Investing Cash Flow | -122.50M | -118.16M | -162.94M | -424.59M | -563.06M | -553.91M | -182.15M | -183.37M | -277.58M | -138.85M |
| Dividends Paid | -21.60M | -20.05M | -19.33M | -18.57M | -18.16M | -17.62M | -16.55M | -14.05M | -8.96M | -7.27M |
| Share Repurchases | -12.43M | 0 | -5.16M | -4.01M | -17.27M | -14.23M | -26.28M | -12.68M | 0 | -16.85M |
| Financing Cash Flow | 64.34M | 5.11M | 182.77M | 294.86M | 443.68M | 548.63M | 142.72M | 153.95M | 210.51M | 112.56M |
| Net Change in Cash | 18.50M | -49.90M | 95.41M | -35.10M | -9.23M | 53.40M | -4.94M | 15.51M | -28.46M | -2.59M |
| Free Cash Flow | 70.17M | 55.20M | 69.56M | 88.95M | 104.32M | 54.30M | 29.56M | 41.06M | 34.37M | 20.25M |
This table shows 10 annual periods of Independent Bank's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow IBCP's reporting calendar. What is a cash flow statement?