Independent Bk Corp (INDB)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 239,502 | 263,813 | 120,992 | 121,167 | 165,175 |
| Depreciation Amortization | 36,102 | 38,799 | 32,824 | 27,262 | 19,439 |
| Income taxes - deferred | 2,738 | -1,254 | 3,090 | -17,506 | 10,594 |
| Other Working Capital | -13,758 | 127,566 | 29,507 | -114,043 | 22,769 |
| Loans | -7,672 | 14,932 | 1,758 | -38,209 | 49,024 |
| Other Operating Activity | 20,082 | -22,656 | 2,049 | 85,965 | -50,479 |
| Operating Cash Flow | $276,994 | $421,200 | $190,220 | $64,636 | $216,522 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -15,731 | -18,728 | -25,031 | -6,491 | -12,787 |
| Net Acquisitions | N/A | N/A | 787,301 | N/A | -105,264 |
| Purchase Of Investment | -39,081 | -922,729 | -1,868,554 | -329,677 | -129,355 |
| Sale Of Investment | 247,601 | 306,666 | 360,251 | 374,772 | 244,315 |
| Net Loans | -378,735 | -335,448 | 744,981 | -511,526 | 27,816 |
| Other Investing Activity | -25,704 | -30,235 | -62,084 | -15,289 | -4,565 |
| Investing Cash Flow | $-211,650 | $-1,000,474 | $-63,136 | $-488,211 | $20,160 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | 1,105,000 | -25,000 | N/A | -45,000 | -132,046 |
| Debt Issued | N/A | N/A | N/A | -42,187 | 174,373 |
| Debt Repayment | N/A | -14,063 | -604,838 | -35,000 | -123,076 |
| Common Stock Issued | 1,600 | 1,275 | 717 | 2,329 | 3,769 |
| Common Stock Repurchased | -188,910 | -139,946 | N/A | -96,278 | N/A |
| Dividend Paid | -98,006 | -93,734 | -62,736 | -60,840 | -53,274 |
| Financing Cash Flow | $-193,947 | $-1,308,477 | $816,964 | $1,569,237 | $-336,163 |
| Beginning Cash Position | 352,933 | 2,240,684 | 1,296,636 | 150,974 | 250,455 |
| End Cash Position | 224,330 | 352,933 | 2,240,684 | 1,296,636 | 150,974 |
| Net Cash Flow | $-128,603 | $-1,887,751 | $944,048 | $1,145,662 | $-99,481 |
| Free Cash Flow | |||||
| Operating Cash Flow | 276,994 | 421,200 | 190,220 | 64,636 | 216,522 |
| Capital Expenditure | -15,844 | -22,072 | -25,200 | -12,586 | -16,583 |
| Free Cash Flow | 261,150 | 399,128 | 165,020 | 52,050 | 199,939 |