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Asset turnover at other companies

Bank of America logo
Bank of AmericaBAC
0.0×
Citizens Financial Group logo
Citizens Financial GroupCFG
0.0×
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
0.0×
International Bancshares logo
International BancsharesIBOC
0.1×0.0×
Community Financial System logo
Community Financial SystemCBU
0.0×
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
0.0×

Other financials

Income statement

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Revenue$252.7M+41.9%
Net income$79.9M+79.9%
EPS (diluted)$1.63+56.7%

Balance sheet

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Cash & equivalents$729.0M+1.7%
Total debt$776.3M-9.7%
Total equity$3.5B+16.8%
Total assets$24.8B+24.6%

Cash flow

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Operating cash flow$117.2M+779%
CapEx$5.6M+176%
Free cash flow$111.6M+887%

Valuation

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Market cap$3.91B+36.8%
Enterprise value$3.96B+31.6%
P/E16.3×+1.1×
P/S4.2×+0.1×

Profitability

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Net margin25.8%-1.1pp
FCF margin36.4%+11.5pp

Returns & leverage

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Return on equity7.3%+0.9pp
Debt / equity0.2×-0.1×

Where this comes from

Calculated from Independent Bank Corp’s reported figures.

Based on trailing twelve months.

The official record: Independent Bank Corp’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independent Bank Corp's asset turnover?
Independent Bank Corp (INDB) reported asset turnover of 0× in Q1 2026.
How has Independent Bank Corp's asset turnover changed year-over-year?
Independent Bank Corp's asset turnover increased by 16.8% year-over-year, from 0× to 0×.
What is the long-term trend for Independent Bank Corp's asset turnover?
Over 5 years (2020 to 2025), Independent Bank Corp's asset turnover has grown at a -0.2% compound annual growth rate (CAGR), from 0× to 0×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.