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Independent Bank Corp INDB PP&E (Net)

PP&E (Net) at other companies

Bank of AmericaBAC

$12.54B+3.2%

Citizens Financial GroupCFG

$874M+2.2%

International BancsharesIBOC

$421.5M-2.0%

Community Financial SystemCBU

$247.45M+30.4%

ServisFirst BancsharesSFBS

$62.06M+4.4%

First Merchants CorporationFRME

$146.01M+13.4%

Other financials

Income statement

Revenue$252.7M+41.9%

Net income$79.9M+79.9%

EPS (diluted)$1.63+56.7%

Balance sheet

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

Operating cash flow$117.2M+779%

CapEx$5.6M+176%

Free cash flow$111.6M+887%

Valuation

Market cap$4B+36.8%

Profitability

Net margin25.8%-1.1pp

FCF margin36.4%+11.5pp

Returns & leverage

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Independent Bank Corp (INDB) reported PP&E (net) of $217.7M in Q1 2026.
How has Independent Bank Corp's PP&E (net) changed year-over-year?: Independent Bank Corp's PP&E (net) increased by 14.6% year-over-year, from $190.01M to $217.7M.
What is the long-term trend for Independent Bank Corp's PP&E (net)?: Over 5 years (2020 to 2025), Independent Bank Corp's PP&E (net) has grown at a 13.4% compound annual growth rate (CAGR), from $116.39M to $218.19M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.