Independent Bank Quarterly Cash Flow Statement
NASDAQ: INDBFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Independent Bank free cash flow
In the quarter ended Jun 30, 2026, Independent Bank generated $73.4 million of operating cash flow and spent $6.4 million on capital expenditures. That left free cash flow of $67.0 million, a free-cash-flow margin of 26.4% of revenue. Free cash flow was down 34.7% from the prior year's $102.5 million.
Independent Bank returned $106.1 million to shareholders: $31.1 million in dividends and $75.0 million in share repurchases, equal to 158% of free cash flow. Free cash flow covered dividend payments 2.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Independent Bank cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 81.84M | 79.92M | 75.33M | 34.26M | 51.10M | 44.42M | 50.03M | 42.95M | 51.33M | 47.77M | 54.80M | 60.81M |
| Net Income growth (YoY) | +60.15% | +79.90% | +50.57% | -20.22% | -0.45% | -7.00% | -8.70% | -29.37% | -18.06% | -22.00% | -28.87% | -15.42% |
| Depreciation & Amortization | 10.18M | 10.21M | 9.89M | 12.80M | 9.16M | 10.29M | 9.39M | 10.31M | 10.90M | 10.29M | 8.53M | 9.19M |
| Stock-Based Compensation | 3.32M | 2.31M | 1.89M | 2.25M | 2.95M | 1.90M | 1.57M | 1.51M | 2.14M | 1.30M | 1.66M | 1.13M |
| Change in Working Capital | -10.97M | 16.14M | 23.09M | -23.28M | 52.88M | -50.64M | -13.33M | -144.00K | 7.53M | -4.01M | -8.32M | 9.96M |
| Operating Cash Flow | 73.40M | 117.22M | 78.94M | 52.16M | 106.72M | 13.34M | 42.89M | 70.24M | 65.65M | 51.15M | 53.51M | 81.26M |
| Capital Expenditures | -6.43M | -5.60M | -3.40M | -2.48M | -4.22M | -2.03M | -6.38M | -5.86M | -3.73M | -4.46M | -6.30M | -2.90M |
| Investing Cash Flow | 84.57M | 12.71M | -32.87M | 72.52M | -14.68M | -19.91M | -127.55M | 62.50M | 16.12M | 15.91M | 19.27M | -56.29M |
| Dividends Paid | -31.09M | -29.05M | -29.39M | -25.15M | -25.14M | -24.23M | -24.21M | -24.21M | -24.20M | -23.58M | -24.28M | -24.27M |
| Share Repurchases | -75.00M | -63.26M | -37.49M | -23.36M | 0 | 0 | 0 | 0 | 0 | -30.99M | -68.96M | 0 |
| Debt Repaid | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Financing Cash Flow | 114.27M | -172.85M | -184.96M | -115.12M | 92.35M | 503.52M | -119.90M | -22.17M | 10.79M | -70.07M | -68.58M | -113.11M |
| Net Change in Cash | 272.25M | -42.92M | -138.89M | 9.56M | 184.39M | 496.95M | -204.56M | 110.57M | 92.56M | -3.01M | 4.20M | -88.14M |
| Free Cash Flow | 66.97M | 111.61M | 75.53M | 49.68M | 102.50M | 11.31M | 36.51M | 64.38M | 61.92M | 46.68M | 47.20M | 78.36M |
This table shows 12 quarterly periods of Independent Bank's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow INDB's reporting calendar. What is a cash flow statement?