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Independent Bank Corp INDB Data processing and equipment

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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

Reported directly by Independent Bank Corp in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
Independent Bank Corp (INDB) reported data processing and equipment of $3.26M in Q1 2026.
How has Independent Bank Corp's data processing and equipment changed year-over-year?
Independent Bank Corp's data processing and equipment increased by 23.4% year-over-year, from $2.64M to $3.26M.
What is the long-term trend for Independent Bank Corp's data processing and equipment?
Over 4 years (2021 to 2025), Independent Bank Corp's data processing and equipment has grown at a 12.8% compound annual growth rate (CAGR), from $6.9M to $11.18M.
What does data processing and equipment mean?
Operating expenses related to the maintenance, infrastructure, and processing of digital banking systems and internal data management. This metric tracks the bank's investment in technological capabilities and operational efficiency.