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Total debt at other companies

Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$813.83M+454%
Community Financial System logo
Community Financial SystemCBU
$437.7M-25.3%
ServisFirst Bancshares logo
ServisFirst BancsharesSFBS
$23.14M-10.4%
First Financial Bankshares logo
First Financial BanksharesFFIN
$22.31M-17.3%
Bank of America logo
Bank of AmericaBAC
Citizens Financial Group logo
Citizens Financial GroupCFG

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 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.

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 total debt?
Independent Bank Corp (INDB) reported total debt of $776.26M in Q1 2026.
How has Independent Bank Corp's total debt changed year-over-year?
Independent Bank Corp's total debt decreased by 9.7% year-over-year, from $859.87M to $776.26M.
What is the long-term trend for Independent Bank Corp's total debt?
Over 5 years (2020 to 2025), Independent Bank Corp's total debt has grown at a 30.6% compound annual growth rate (CAGR), from $237.42M to $901.25M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.